SVB - Associate I - Credit Solutions (Santa Monica)
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![]() United States, California, Santa Monica | |
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Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company 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. Silicon Valley Bank (SVB), a division of First-Citizens Bank, is the bank of some of the world's most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. Learn more atsvb.com. Responsibilities The Credit Solutions group manages lending/credit for a wide range of credit relationships. Leads the due diligence process and deal structuring process. Partners with the Relationship Management Team for the delivery and negotiation of credit solutions. Owns the underwriting, approval and closing process.Responsible for proactive portfolio management, including maintaining credit quality and profitability targets. Remains abreast of market, sector and competitive trends. Engages and builds relationships with key client stakeholders to remain well-informed, and able to respond to changing circumstances while appropriately balancing client and SVB needs. Develops and delivers insights and points of view on loan types and credit/performance trends in sectors/sub-sectors. Conducts due diligence and engages in the structuring and delivery of new deals. Underwrites new loans, renewals, and credit actions related to modifications or changing risk. Supports overall lending process on new deals and modifications to existing deals, from underwriting through documentation and closing. Reviews information and communicates on clients' compliance status, changing level of risk and broader trends in portfolio. Utilizes critical thinking skills in supporting VP's and Directors/MD's on both recommendations and actions pertaining to pipeline and portfolio management. Completes underwriting and portfolio management with practices that meet SVB policies/procedures in terms of timeliness, completeness, consistency and accuracy. Handles client needs by interacting with appropriate internal and external stakeholders. Develops expertise in SVB's loan types and markets. Essential Functions
Recommendations
Qualifications Knowledge
Skills
Required Education and Experience
Preferred Education and Experience
If hired in California, the base pay for this position is generally between $77,550.00 and $105,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, 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 our associates. More information can be found at https://jobs.firstcitizens.com/benefits. |