Overview
This position supports the First Citizens Bank Equipment Finance division through underwriting, analysis, and adjudication. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing commercial credits. Provides service and support for both associates and clients, assisting in customer calls and may assist in identifying cross-sales opportunities to facilitate lending activities.
Responsibilities
Underwriting - Underwrites commercial credit applications according to applicable regulations, procedures, and guidelines. Reviews financial statements, as needed 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.
Want more jobs like this?
Get jobs in Jacksonville, FL delivered to your inbox every week.
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 commercial loans.
Risk Management - Identifies risks through reviews, analysis, and research of new and existing commercial loans. Communicates identified risks, review schedule, and potential changes in the commercial portfolio. Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management.
Business Support - May assist in the identification of cross-sales opportunities and servicing information. 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.
Qualifications
Bachelor's Degree and 2 years of experience in Credit Analysis and General Commercial Banking
- OR -
High School Diploma or GED and 6 years of experience in Credit Analysis and General Commercial Banking
Additional Requirements:
Advanced verbal, written, and interpersonal communication skills
Ability to work independently to manage deadlines in a fast-paced environment
Experience spreading financial statements
Experience writing credit approval memos
Financial statement analysis experience and/or business tax return analysis experience
Preferred Qualifications:
Industrial and/or construction industry credit experience
Experience reviewing external commercial bureau reports
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.