Associate - Underwriter/Portfolio Manager III - Aerospace and Defense

Overview This is a hybrid role, with the expectation that work time 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. Responsibilities Underwriting – Assist in the underwriting of ADG loans according to applicable regulations, procedures and guidelines. Interact with customers to gather information throughout the approval process, review financial statements, third‑party reports, and communicate with customers or prospects. Perform analysis to recommend credit grades, covenants and appropriate loan structuring, and update all involved parties on underwriting progress and outcome. Portfolio Management – Monitor assigned portfolio accounts for completeness of documentation, accuracy of credit grading and potential exposures. Assist in processing line renewals and new requests per loan approval servicing requirements; perform other tasks related to portfolio servicing and management. Analysis – Sources, compiles, and interprets financial data and third‑party reports to support structuring and approval of loans. Review industry information and comparisons, key risks and mitigants, and collateral coverage to form a general business overview of the borrower. Utilize results of analysis to underwrite loans. Risk Management – Identify risks through reviews, analysis and research of new and existing loans. Work closely with bank associates and partners to resolve risk issues, communicate review schedule and potential changes in the portfolio, and assist in coordinating review and renewal schedules for existing credits. Qualifications Bachelor's degree and two years of experience in credit analysis, underwriting or risk management OR High school diploma or GED and six years of experience in credit analysis, underwriting or risk management. Preferred Bachelor’s degree in Business, Finance, Economics, Accounting Completion of a formal credit training program Compensation & Benefits If hired in New York, the base pay for this position is generally between $105,000.00 and $120,000.00. Actual starting base pay will be determined based on skills, experience, location and other non‑discriminatory factors permissible by law. 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 associate. More information can be found at #J-18808-Ljbffr First Citizens Bank