Job Details
Company: First Citizens Bank
Location: New York, New York
Category: Maritime Finance and Accounting

Not the right fit? Scroll more of our jobs below!

Assistant Operations Manager – Marine

As an Assistant Operations Manager, you’ll help lead our teams in maintaining high standards of operational efficiency while prioritizing the safety of all team members. As a steward of operational excellence an Assistant Operations Manager will need to be flexible and adapt to changing operational needs and schedules. With our dedicated teams working on all three coasts across over 33 ports and 70 locations, you’ll feel empowered to grow professionally while serving the communities in which we operate.

Read More »

Naval Architect – Kiewit Infrastructure Engineers

Kiewit Infrastructure Engineering has an opening for a dynamic Experienced Naval Architect/Engineer in our Construction Engineering Services (CES) Group, to support our fleet of over 55 large construction vessels. The ideal candidate will be a part of a growing team that supports all aspects of the construction process by performing innovative design engineering through brainstorming conceptual designs, performing and/or reviewing structural calculations, developing plans, scheduling tasks to meet client needs, as well as mitigating risk to keep our construction crews safe. Kiewit has the premier marine construction fleet in North America and intends to keep it that way through the modernization of our existing vessels, and construction of new vessels. This is an opportunity to be a major part of that effort, working directly with the construction teams.

Read More »

Assistant Vice President, Ports and Marine Engineering

WSP USA is seeking an Assistant Vice President, Ports and Marine Engineering to join our National Maritime Practice Group. This position can be based out of the following offices: Irvine+San Francisco-CA, Miami-FL, New York City-NY, Portland-OR, Seattle-WA, Houston-TX, Tampa-FL.

Provides subject matter technical support and leadership for the development, design, construction, and or inspection of structures and facilities for port, marine, and intermodal rail terminal projects in the public and private sector; these facilities may include piers, wharves, port and upland marine terminals, seawalls/bulkheads, dry docks, marinas and other nearshore/offshore facilities. Provides situational guidance and leadership, ensuring delivery of work products at a level of quality that meets or exceeds acceptable industry standards for design, safety, and functionality.

Read More »
Reporting to the Head of Underwriting & Portfolio Management for Maritime Finance, the Sr Underwriter and Portfolio Manager will be responsible for underwriting as well as portfolio management of asset-backed maritime financing transactions, leading deal teams, mentoring junior resources, and assisting with the preparation of presentations and reports for regulatory and internal informational purposes. Responsibilities  
  • New business – Play a key role in deal teams to evaluate new transactions, pre-screen transactions, conduct due diligence, prepare credit approval memos on transactions that are green-lighted in the pre-screen process, present transactions to credit committee to obtain credit approval, collaborate with legal team to negotiate and review commitment letters and legal documentation as needed, and participate in deal closing
  • Analyze financial statements and capital structures, conduct business/industry analysis to identify transaction risks and mitigants; recommend transaction structures appropriate to the opportunity; provide Head of Underwriting with a recommendation on the transaction based on due diligence and financial modeling
  • Manage assigned portfolio accounts – monitor performance and covenant compliance, review Credit Review Forms, process amendments and waiver requests in a timely manner to meet customer expectations, provide performance updates to manager; identify and act on warning signals, participate in portfolio reviews as needed
  • Maintain familiarity with CIT policies, procedures, and underwriting standards; Interface with other departments within CIT, such as Legal, Operations, Insurance, Problem Loan Management, Capital Markets, Corporate Risk Management, Compliance, Loan & Risk Review, and Internal Audit
  • Develop maritime industry knowledge and track industry trends across the various sub-sectors including dry bulk, tankers, containerships, LNG/LPG, and other niche segments
  • Interface with customers to complete diligence process, gather key information for credit analysis, and obtain periodic materials such as financial statement, compliance certificates, etc, as well as assist the relationship management efforts of the Originators
  • Interface with and independently manage information requests received from auditors and loan examiners (internal as well as external, including regulators), prepare reports for regulatory and internal informational purposes, as well as work on any special projects as per business needs
  • Mentor junior resources for the business
Qualifications Bachelor’s Degree and 8 years of experience in Maritime Finance, preferably in Lending, but will also consider experience in investment banking, private equity, securities research or other financial analysis focused on the maritme sector OR High School Diploma or GED and 12 years of experience. Preferred Qualifications  
  • Degree with a concentration in finance or accounting preferred. MBA/CFA/CPA a plus.
  • Formal credit training with experience in the underwriting and execution effort on senior debt transactions is preferred.
  • Experience with structuring transactions and negotiating documentation is preferred.
  • Strong communication and interpersonal skills; team player.
  • Self-motivated with high energy levels; ability to prioritize and multi-task effectively.
  • Must have a solid understanding of financial statements and capital structures, and possess strong analytical skills with an ability to question assumptions.
  • Must have strong writing ability; will be expected to draft credit memoranda and annual reviews for manager’s review with minimal supervision.
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. For NY the base pay for this position is relative to your experience but the range is generally $205,000- $250,000 annually 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.