Vice President - Private Banking Lender (New York)

Department: New York Private Bank & Trust

Reports To: First Vice President

Employment Status: Full-Time, Exempt

Office Location: Corporate Office

Job Responsibilities

• Interact with Private Client Groups, their clients and prospects to assess new loan requests. Underwrite new loan requests and renewals; perform in-depth borrower due diligence and financial analysis
• Prepare in-depth credit memorandums and present transactions to oversight and approval committees. Perform in-depth financial analysis on borrowers/guarantors
• Propose transaction structures that comply with credit and bank policy
• Prepare quarterly and annual reviews of all portfolio borrowers; obtain all mandatory compliance information on a timely basis
• Manage all aspects of department reporting and distribution
• Ensure loan agreements are complete and accurate, and in compliance with policy and approval
• Coordinate loan closings with outside attorneys
• Assist First Vice President and other bank credit professionals in portfolio management, credit policy compliance and special projects

Qualifications

• Minimum of 7 years of private client lending experience
• Demonstrated experience with complex financial statement / cash flow analysis and financial ratios; experience underwriting moderate to complex credit facilities
• Strong knowledge of private banking, commercial, real estate and specialty lending with understanding of federal banking regulations and bank policies
• Prepare quarterly and annual reviews for entire loan portfolio
• Strong written and verbal communication skills including significant experience making presentations to senior management and financially sophisticated clients
• Proficient in Microsoft Word, Excel and PowerPoint. Required to learn and manage internal reporting systems on an accelerated basis. Knowledge of other computer languages and systems helpful
• Bachelor’s Degree in Business or Finance is required. Coursework in financial analysis, credit analysis, accounting and systems management preferred. Prior work in premier private bank also preferred

New York pay range

$150,000 - $200,000 USD