Loan Administration Associate II

This is a hybrid role with the expectation that time working will regularly take place inside and outside of either our Phx, Charlotte, Raleigh, Denver or Austin office.

Together, Silicon Valley Bank and 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.

SVB: Be Part of a Bank Like No Other Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Loan Administration is a team that adapts to support deal teams during the loan lifecycle. Partnering closely with deal teams and Global Loan Operations (GLO) is a critical component of LA's value proposition. Thus, LA continues to evolve to meet the needs of deal team partners with a particular focus on bringing more clarity, consistency, and cohesion to portfolio management, loan closings, and credit servicing - working in partnership with teams on loans from closing to boarding and beyond.

The Loan Administration Associate II is a part of the team driving solutions and change to portfolio management cross-functionally across SVB's Commercial Bank. The Associate II works closely and collaboratively with other members of the Loan Administration team, which include various Vice Presidents and Directors/Managing Directors. This individual should have strong execution skills, a deep willingness to learn, some experience with commercial lending and be interested in thinking broadly and strategically. Communication, collaboration and problem-solving skills are paramount to success on this team.

Portfolio Management (PM) Monitoring And Optimization

This individual will support the execution of portfolio management across SVB's Commercial Bank, with the following core responsibilities:

• Executing on Commercial Bank Portfolio Management and Portfolio Review procedures.
• Supporting key portfolio management monitoring in the first line of defense. This includes working both independently and collaboratively, along with a willingness to learn and leverage various bank systems.
• Identify and make recommendations on areas of improvement and strategy for improved portfolio management.
• Develop insights on operational improvements and strategies to optimize portfolio management platform.

Portfolio Management Strategic Initiative Execution

• Support select strategic projects and initiatives for the Portfolio Management team.
• Execute on determined project timelines, milestones, and deliverables.

Portfolio Management Governance - Action Plans And Remediation

• Support portfolio management-related control execution and SOX controls within the first line of defense.
• Own specific pieces of action plans for issue remediation to any identified issues with internal audit, credit review or other stakeholders.

Bachelor's Degree with 2+ years of experience in banking, management consulting, operations and/or portfolio management or High School or GED with 6+ years experience.

Preferred Qualifications

• 1+ year of credit analysis and/or portfolio management experience
• Proficient in Excel
• Avid learner/curious.
• Demonstrated resourcefulness and ingenuity to leverage resources to solve problems
• Excel in a dynamic environment. Ability to lead simultaneous assignments and produce results in time-sensitive circumstances.
• Ability to take ownership of and drive processes, but also knows when to escalate or engage others
• Experience working collaboratively with more senior internal partners
• Skilled at analyzing data to support and improve business decisions

This job posting is expected to remain active for 30 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

The base pay for this position is relative to your experience but the range is generally $88655- 104300 per year.

First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.com

Travel: May be occasionally required.