Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

First Citizens Aerospace, Defense & Government, part of the company's Commercial Finance group, offers asset backed loans for commercial aircraft, aircraft engines and aircraft parts as well as cash flow loans to manufacturers, service providers and private equity sponsors in the sector.

The Underwriter III/IV ADG will work within a team construct to [assist and lead certain aspects of] the credit underwriting and portfolio management of diverse debt solutions including specifically: (i) LBO Financing, (ii) Acquisition Financing, (iii) Debt Refinancing, and (iv) Recapitalizations for middle-market companies. Counterparties will include aerospace, defense, and government contracting focused companies, private equity teams, and other Lenders.

• Candidates will prepare cash flow, ABL, and asset-backed models, will conduct independent industry and business model research, will assist in the underwriting of credits, and will manage accounts post close.
• Assists in the preparation of waivers and amendment requests or add-on opportunities.
• Updates ETT, CreditLens and review forms in a timely manner.
• Maintains credit files in preparation for internal or external audits.
• Ensures compliance with all CIT policies and procedures.
• Firm understanding of CIT systems and resources

• At least 2 years of experience in business lending, finance or investing environment, financial reporting and analysis
• Asset Based Lending, Cash flow, Private Equity Sponsor Finance and/or Leverage Finance
• Underwriting new deals of $15m or more

• Bachelors in Business, Finance, Economics with courses relevant to business and financial analysis;
• Aviation lending, leasing, investement, advisory experience
• The completion of a formal credit training program is desired but not required.
• Demonstrated analytical and quantitative skills;
• Excellent oral and written communications skills;
• Time management skills to efficiently handle multiple tasks with changing priorities;
• Detailed knowledge of Microsoft Office Applications, including Excel and Power Point mastery
• Attention to detail; and
• Demonstrated team player able to learn (at times independently) and contribute

• At least 4 years of experience in commercial lending, underwriting, portfolio management, finance or investing environment, financial reporting and analysis
• Asset Based Lending, Cash flow, Private Equity Sponsor Finance and/or Leverage Finance
• Underwriting larger deals of $15m or more

• Bachelors in Business, Finance, Economics with courses relevant to business and financial analysis
• Aviation lending, leasing, investment, advisory experience
• The completion of a formal credit training program is desired but not required.
• Demonstrated analytical and quantitative skills;
• Excellent oral and written communications skills;
• Time management skills to efficiently handle multiple tasks with changing priorities;
• Detailed knowledge of Microsoft Office Applications, including Excel and Power Point mastery
• Attention to detail; and
• Demonstrated team player able to learn (at times independently) and contribute