Overview

This is a hybrid role, with the expectation that work time will regularly take place inside and outside of a company office. The Underwriter II - TMT supports the Technology, Media and Telecom (“TMT”) team through underwriting, analysis, and structuring recommendations for TMT portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing TMT accounts. Provides service and support for both associates and clients, assisting in customer calls.

Responsibilities & Qualifications

Duties & Responsibilities:

• Underwriting - Underwrites TMT accounts according to applicable regulations, procedures, and guidelines. Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend credit grades and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome.
• Analysis - Sources, compiles, and interprets financial data to support structuring and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower. Utilizes results of analysis to underwrite TMT loans.
• Risk Management - Identifies risks through reviews, analysis, and research of new and existing TMT loans. Communicates identified risks, review schedule, and potential changes in the TMT portfolio.
• Business Support - Prepares credit analysis documentation. Partners with associates and clients to determine needs and structuring of new requests, participating in client and prospect calls as needed.

Position Specific Skills:

Completion of a formal credit training program

Qualifications:

Minimum Required Education and Experience: Bachelor's Degree and 1 years' experience OR High School Diploma or GED/Equivalent and 5 years' experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Preferred:

• Bachelor's Degree Business, Finance, Economics
• Commercial Credit, Direct lending, Private Equity
• TMT/Data Center
• Equity Research
• Leverage Finance
• Investment Banking
• Financial Modeling
• Formal credit training completed

Skills:

• Critical Thinking
• Communication Verbal and Written
• Analytical
• Credit Analysis
• Detail Oriented
• Financial Analysis

Additional Information

If hired in New York the base pay for this position is generally between $90,000.00 and $105,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.