VP, Senior Portfolio Manager - TMT

First Citizens Bank

Morristown, New Jersey

JOB DETAILS
SALARY
$145,000–$185,000 Per Year
LOCATION
Morristown, New Jersey
POSTED
30+ days ago
Overview:

This is a hybrid role, with the expectation that work time will regularly take place inside and outside of a company office based in Morristown, New Jersey.

 

First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.

First Citizens Technology, Media and Telecommunications provides cash flow, real estate and asset based senior debt for entertainment, gaming, communications and technology companies in the middle market throughout the United States.

Responsibilities:
  • The VP, Sr Portfolio Manager - TMT is responsible for the management of investments in th Technology, Media, & Telecom (TMT) loan portfolio. Responsible for managing the financial risk and return of the portfolio through ongoing monitoring, reporting, risk management, and structuring of investments.
  • Portfolio Strategy - Develops and implement TMT investment policies. Analyzes data, research, and market trends to meet client borrowing needs. Ensures compliance with policies, standards and procedures. May assist senior leadership with initiatives that support wider strategic objectives.
  • Portfolio Management -Engages in all aspects of portfolio management, including quarterly reporting, annual company reviews, legal documentation and deal closing.
    Identify key risks and analyze quarterly trends.
Qualifications:

Required:

 

Bachelor's Degree and 6 years of experience in Credit Analysis and Credit Underwriting of Portfolio Management OR High School Diploma or GED and 10 years of experience in Credit Analysis and Credit Underwriting of Portfolio Management. 

Preferred:

Bachelors degree in either Business, Finance, or Economics
Completion of a formal credit training program
TMT (Technology, Media, Telecom) and/or Leverage Lending experience

Data Infrastructure

 

The base pay for this position is generally between $145,000.00 and $185,000.00. 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.

 

#LI-NK1

 

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.

About the Company

F

First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. As the largest family-controlled bank in the United States, First Citizens is continuing a unique legacy of strength, stability, and long-term thinking that has spanned generations. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens also operates a nationwide direct bank and a network over 550 branches in 22 states. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. First Citizens Bank brings together personal service and powerful tools to help customers do more with their money – and make more of their future.  

Looking for a career with CIT? CIT is now a division of First Citizens Bank.

First Citizens Bank. Forever First®

COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, Prescription Drug Coverage, Professional Development, 401K, Flexible Spending Accounts, Retirement / Pension Plans, Life Insurance
FOUNDED
1898
WEBSITE
https://www.firstcitizens.com