First Citizens Bank

Managing Director - Business Development Officer - CIT Northbridge (Remote) TX/CA

First Citizens Bank$200K — $275K *
US-AnywhereRemote in Texas, US
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with 10 years of relevant experience or 14 years with a High School Diploma/GED.
  • Expertise in business development, particularly in non-bank Asset Based Lending within the Middle Market.
  • Strong background in Portfolio & Asset Management, Syndications & Capital Markets, Commercial Finance, or Commercial Banking.
  • Proven track record in Relationship Management, Underwriting, and Client Management.
  • Ability to navigate regulatory compliance and maintain relationships with regulatory bodies.

Responsibilities

  • Contribute to achieving financial goals set by the annual plan for CIT Northbridge.
  • Source and close new business transactions in line with credit philosophy.
  • Develop and execute a business development plan focusing on key referral sources.
  • Create a positive brand image through professionalism and product knowledge.
  • Collaborate with teams in a supportive manner to achieve project goals.
  • Maintain a relational network with peers and regulators to share best practices.

Benefits

  • Comprehensive benefits program designed to meet needs of associates.
  • Potential for variable incentives and bonuses in addition to base pay.
Full Job Description
Overview

This is a remote role that will only be hired in the following location: California, Texas.

The Managing Director, Business Development - CIT Northbridge provides strategic oversight and direction to the CIT Northbridge team. Responsible for expert guidance and leadership of employees, strategies, governance, capital partners and compliance with regulators and policies consistent with the credit philosophy of CIT Northbridge. Monitors, evaluates and motivates team performance, implementing process improvements in a continuous effort to enhance credit quality, financial performance and employee and customer satisfaction.

Responsibilities

  • Financial Performance - Individually contribute to achieving or exceeding financial goals established by member approved annual plan for CIT Northbridge.
  • New Business Generations - Individually source and close new business transactions consistent with CIT Northbridge credit philosophy, achieving or exceeding targeted goals of lending and treasury products.
  • Strategic Market Coverage - Responsible for overall strategic development and execution of business development plan which prioritizes key referral sources within the assigned coverage model. Create positive brand image for CIT Northbridge and First Citizens by responsiveness, professionalism, product knowledge and credit philosophy.
  • Collaboration Policy Resource - Approach team activities in a collaborative, positive, supportive manner and contributing toward the project goals. Remains abreast of all regulatory and policy guidelines. Maintains a relational network of peer financial institutions in order to share best practices and successes. Develops and maintains productive relationships with regulators.

Qualifications

Bachelor's Degree and 10 years of experience in Relationship Management, Underwriting, Portfolio Management, Client Management, Business Development or Management OR High School Diploma or GED and 14 years of experience in Relationship Management, Underwriting, Portfolio Management, Client Management, Business Development or Management

Preferred Area of Experience:

  • 10 years of business development within non-bank Asset Based Lending within Middle Market
  • Portfolio & Asset Management, Syndications & Capital Markets, Commercial Finance, Commercial Banking

The base pay for this position is generally between $200,000.00 and $275,000.00 if based in California or Texas. 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.

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.

About First Citizens Bank

First Citizens Bank is a regional bank that provides a range of financial services to individuals and businesses. The bank offers checking and savings accounts, loans, mortgages, credit cards, and investment services, as well as online and mobile banking. First Citizens Bank operates more than 500 branches in 19 states and the District of Columbia. The bank was founded in 1898 and is headquartered in Raleigh, North Carolina.
Learn more about First Citizens Bank
Size
6,000 employees
Industry
Founded
1898

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