Special Assets Officer I - (TMT, Innovation Banking) Hybrid

Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of one of First Citizen's company offices. The position may be located at any of our offices within the United States. 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 When you work with the world's most innovative companies, you know you're making a difference. Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs and the visionaries whose new technologies could transform the way people live and work. They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business. 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. Responsibilities The Advisory Services VPI manages and restructures a variety of problem loans and advises the lending teams on challenging credit situations as appropriate. Oversees modification process from the proposal stage to credit approval to review of documentation and closing/booking. Ensures credit risk ratings are accurate, past dues are minimized, and borrowers experiencing financial difficulty are appropriately identified. Experienced at identification and mitigation of risk associated with the assigned portfolio and makes sound and supportable recommendations with minimal oversight. Interacts with clients, investors, and the internal lending teams and credit colleagues in a poised and professional manner. Provides guidance to Associates. Works closely with the Managing Director to obtain input for recommended strategies and to assist with client and investor conversations. Handles escalated issues and the most sensitive and complex negotiations. May supervise/manage one or more Associates. Provides work direction, sets goals and monitors progress against objectives. May interview and recommend hiring new staff. Qualifications Required: Bachelor's Degree and 2 years of experience in Credit Training or Financial Modeling, valuation and credit OR High School Diploma or GED and 6 years of experience in Credit Training or Financial Modeling, valuation and credit. Additional Requirements: 3 years of Commercial Loan Workout and/or Credit experience. Preferred: Area of Study: Accounting, Finance, Credit. Preferred Area of Experience: 5 years of Commercial Banking, TMT and Innovation Banking or Advisory Skill(s): Ability to negotiate and influence bank favorable outcomes; Knowledge of financial principles and concepts; Ability to interpret financial information and create effective models. If hired in New York, New York or Pasadena, California the base pay for this position is generally between $128,945 and $174,455. 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. This job posting is expected to remain active for 45 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. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found

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