6 days old

Assosiciate - Portfolio Manager

Silicon Valley Bank
New York, NY 10007
  • Job Code
    12504
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.
Job Description

Associate - Portfolio Management, Project Finance-( )

Job Description

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 energy 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 30+ years of experience in the industries we serve, and to partner with passionate, enterprising SVBers, dedicated to helping them grow and succeed at every stage of their business.

Join the SVB team and help bring our clients' world-changing ideas to life. You will be joining a dynamic and fast-growing project finance business, which has ambitious growth targets.

TheAssociate - Portfolio Management will be responsible for:

The Portfolio Management Group is responsible for monitoring credit performance of SVB's project finance portfolio. Supporting a team that is focused on the execution of project finance debt transactions across a variety of potential energy and resource innovation sectors, including:renewable energy, power, and infrastructure. The role entails leading credit monitoring, control, and administration of a portfolio of borrowers with a view to identifying potential credit issues early. In addition, a significant portion of the role involves analyzing consent/waiver requests, evaluating the credit impact of the request and any mitigants and preparing an application for credit approval of the request under the guidance of senior team members.

Responsibilities

  • Supporting portfolio management, including analyzing amendment and waiver requests, assisting with monitoring periodic credit approval renewals, processing changes to existing transactions and assisting in preparing for and responding to internal and external audits. In preparingapplications for credit approval, the associate must have a good understanding of the request, the impact of the proposedconsent on the credit risk of the borrower/transaction, analyze the request to identify any additional information necessary to fully evaluate the request, and recognize incremental risks and mitigants contributing to the justification for approvalof the request.
  • Perform financial modeling and run sensitivities for requests; interpret model results and create summaries to be used in internal and external documents.
  • Assist in monitoring and managing loan closings and funding, and other credit events that may impact the borrower and requires liaising with internal and external parties.
  • Continuously monitor the ongoing performance of the portfolio of borrowers and track covenant compliance with a view to identifying deteriorating situations early.

  • Help lead quarterly and annual reviews of loan portfolio, maintain borrower monthly/quarterly/annual reporting requirements, internal credit procedures are kept current, and other ad hoc projects are successfully completed.
  • Maintain borrower credit files, financial files, legal documents, and other relevant information in an organized and timely manner.
  • Interact and coordinate administrative matters with other departments (i.e. KYC information for borrowers).
  • Manage the approval process for lending commitments, amendments, waivers, and consents, including making recommendations to Credit Executives
  • Ensure compliance with all Know Your Customer ("KYC ) regulations
  • Prepare white papers on assigned industry segments, as requested
  • Perform internal reporting duties and control administrative and operational matters cooperating with back office.
  • Agency Account Management:
  • Co-ordinate amendment and waiver requests for deals Agented by SVB; liaise directly with syndications, legal counsel, consultants, and Lenders.
  • Perform agent duties that require active communication with the sponsor, participants, lawyers, consultants, and related parties.
  • Review documentation for draws and reporting on behalf of the lender group.
  • Attend meetings and conference calls with Lenders and clients.
  • Update, discuss, and answer questions from participant Lenders on a daily basis.
  • Assist with legal documentation and legal due diligence process with appointed lawyers.
    • Contribute to and maintain the groups' research archives and capabilities.
Other:
  • General assistance, as directed, with the growth of the business, including research into new potential business areas and financial structures as well as other related special projects.
Qualifications

Requirements:

  • 1-3 years of cash flow/project finance portfolio management/credit risk/relationship management
  • Strong analytical and quantitative skills.
  • Experience in project finance financial modeling, presentations, and drafting underwriting/investment memoranda and credit documentation, reviewing contracts and project materials, and bank operational processes.
  • Strong ability to recognize and communicate transaction risks and mitigants.
  • Ability to effectively, tactfully, and professionally communicate with customers, officers and other bank personnel.
  • Strong attention to detail in both qualitative and quantitative work.
  • Demonstrated tenacity and patience for problem solving.
  • Capacity to effectively organize and multi-task in a fast-paced environment.
  • Strong, proactive oral and written communication skills.
  • Experience and passion to work on cutting edge energy or infrastructure related financing transactions.
  • Demonstrated ability to work remotely effectively and manage/prioritize multiple streams of workflow simultaneously.
  • Proactive, resourceful, self-starter.
  • Collaborative team player willing to receive direction and/or provide support across levels. Able to work both independently and also in close collaboration with others.
  • Creative thinker.

For nearly forty years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world.

2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

SVB Financial Group is an equal opportunity employer.

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.

Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.





Posted: 2021-09-12 Expires: 2021-10-11
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Assosiciate - Portfolio Manager

Silicon Valley Bank
New York, NY 10007

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