Overview
CIT Group, Inc. recently merged with First Citizens Bank creating the 17th largest bank in the United States with over $100B in assets. The merger is highly synergistic – combining a retail and small business focused bank with a commercial middle market focused bank. The combined entity creates greater diversity, scale and capital. The combined bank has expertise in Energy (one of the largest middle market lenders to the renewable energy sector), Healthcare (focus on facilities-based services directly benefitting local communities), Technology, Media, and Telecom (TMT), Factoring, Rail and Asset Based Lending (ABL). The Senior Manager Underwriting, Energy will work closely with relationship managers to prepare and structure proposals for new business opportunities.
Responsibilities
- Lead the internal credit approval process with the review, preparation and presentation of credit approval materials
- Spearhead the due diligence process to review loan documentation, third party reporting, and participate in related discussions with the sponsor/borrower
- Coordinate closing process with capital markets, legal, treasury, middle office
- Manage a small team of junior staff and mentor their growth and development
The base pay for this position is relative to your experience, but the range is generally $150,000 to $175,000 per year. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.
Qualifications
- Bachelor’s degree and 5+ years experience
- Project and corporate finance experience with a focus on energy and infrastructure assets including renewables, gas-fired power plants and clean tech
- Ability to analyze cash flow models and develop own sensitivities; strong Excel skills
Preferred
- Strong communication and writing skills
- Ability to lead and train junior staff
- Self-starter with ability to multi-task