Sr Analyst/Associate Underwriter- Healthcare/CRE

Job description

Overview

This is a hybrid role, with the expectation that work time will regularly take place inside and outside of a company office. At First Citizens Bank, we believe meaningful careers are built through meaningful relationships. For more than 125 years, we've supported our clients, communities and colleagues through a culture rooted in connection, collaboration and long-term success. At First Citizens Bank, we're committed to helping our clients achieve their ambitions, and we bring that same commitment to our associates.

For more than 125 years, our relationship-based culture has created opportunities to build lasting connections, grow professionally and make a meaningful impact for our clients, communities and one another. First Citizens Healthcare Finance provides comprehensive financing and banking solutions to middle market healthcare companies across the U.S. Using a client-focused and industry-centric model, Healthcare Finance tailors its products and services to help clients meet their needs for growth capital.

The Sr Analyst/Associate – Healthcare supports the Healthcare team at an advanced level through underwriting, analysis, and structuring recommendations for healthcare portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing Healthcare accounts. Provides service and support for both associates and clients, assisting in customer calls and may assist in identifying cross-sales opportunities to facilitate lending activities.

Responsibilities & Qualifications

Duties & Responsibilities: The Associate will support the HRE MOB UW team with analyzing and underwriting new real estate transactions with a focus on the Medical Office Building (“MOB”) asset class. Assist with the preparation of property level analysis, pre-screens and final credit approvals for new financing opportunities The position requires a candidate to have strong credit and analytical skills that can multi-task and work in a high paced team environment.

Involved in every stage of the transaction including the following: market research, due diligence, presenting to credit, structuring and legal documentation Assist with special projects, audits, and other ad hoc duties Will interact with Originators and Credit Management, support Senior Underwriters, Portfolio Management, Operations and Closing teams, and collaborate with peers Position Specific Skills: Completion of a formal credit training program preferred Credit Analysis Detail Oriented Critical Thinking Communications in both written and oral Financial Analysis Sr Analyst-Underwriter II Qualifications Minimum Required Education and Experience: Bachelor's Degree and 1 years' experience OR High School Diploma or GED/Equivalent and 5 years' experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Preferred

Area of Study: Real Estate, Finance, Accounting

• Master's Degree Experience: Finance, Banking Skill(s): Completion of a formal credit training program preferred
• 1 year experience in CRE finance with focus on credit underwriting; experience underwriting MOBs and Healthcare Real Estate a plus
• Strong analytical, financial modeling, written and communication skills
• Proficiency with Microsoft Excel; experience with Argus software Experience underwriting construction loans a plus Experience in portfolio management/underwriting other healthcare sectors such as Inpatient Rehab and Seniors Housing a plus Associate-Underwriter III Qualifications: Minimum Required Education and Experience: Bachelor's Degree and 2 years' experience OR High School Diploma or GED/Equivalent and 6 years' experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis Preferred: Area of Study: Real Estate, Finance, Accounting
• 2 years experience in CRE finance with focus on credit underwriting; experience underwriting MOBs and Healthcare Real Estate a plus
• Proficiency with Microsoft Excel; experience with Argus software Experience underwriting construction loans a plus Experience in portfolio management/underwriting other healthcare sectors such as Inpatient Rehab and Seniors Housing a plus Additional Information Sr Analyst-Underwriter II If hired in New York, the base pay for this position is generally between $90,000.00 and $105,000.00.

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. Associate - Underwriter III If hired in New York, the base pay for this position is generally between $110,000.00 and $125,000.00. 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 .