SVB - Vice President II, Corporate Banking Credit Solutions - Innovation Banking

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 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 Banc Shares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.

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.

Corporate Banking Credit Solutions (CBCS) focuses on late‑stage companies within SVB’s portfolio of businesses. Primary responsibilities include structuring, underwriting, executing, and negotiating transactions and portfolio management with a secondary focus on client coverage. The ideal candidate will be able to execute transactions from initial data receipt to document negotiation and loan closing with assistance from associates and limited guidance from Directors/MDs.

The team provides creative late‑stage and leveraged capital solutions to Corporate Banking clients in the technology sector.

• Underwriting;
  Process Management
• Debt process management – manage corporate and leveraged transaction processes from new opportunity introduction to loan closing.
• Due diligence – review target company provided/publicly available materials, including historical financials, management presentations, CIMs, and third‑party materials; assist associates with generating diligence request lists to cover questions arising from review of materials while identifying gaps in provided information.
• Credit memorandums – create credit memorandums to drive credit approval for new opportunities.
• Review financial models from associates to ensure accuracy with company projections.
• Present new opportunities to loan approvers.
• Prepare loan packages for approvals, including utilization of existing bank systems.
• Lead document negotiation.
• Utilize analysis and independent judgment to generate recommendations to Directors/MDs.
• Drive coordination/execution with Syndications and Relationship Management partners.
• Act as primary lending liaison for portfolio companies.
• Work with associates to ensure timely and accurate reporting from portfolio companies.
• Manage any amendment/waiver processes for portfolio companies.

• Coordination with RM partners to develop materials required to evaluate, pitch, and execute debt opportunities.
• Participation on diligence calls with prospects and portfolio companies. Takes notes on material updates and opportunities.
• Mentor the associate staff.
• Decisions – utilizes moderate decision making and independent judgement in negotiations and building relationships. Influences and drives decisions.
• Exercises judgment and authority prudently and with proper balance for the best interests of the clients and SVB.

• Recommends structuring and underwriting points on new opportunities as well as decisions related to portfolio and risk management of the existing portfolio with guidance from senior team members.
• Knowledge – advanced late‑stage lending & leveraged finance knowledge, negotiating experience and marketing skills…