Job DescriptionAs a Vice President/Director on the Data Center team within our Leveraged Finance platform, you will be responsible for leading credit underwriting, monitoring, and portfolio management of new and existing Data Center relationships. Your responsibilities will include prudent underwriting and effective credit and risk administration with particular emphasis on financial analysis/modeling, risk evaluation, ongoing portfolio maintenance activities, regulatory compliance, and customer support.
In this role, you will manage an emerging portfolio of the most complex Data Center credits and will be expected to perform your role responsibilities with limited supervision. You would be expected to become a subject matter expert on the Digital Infrastructure sector and our specific credits and be able to support Credit, Relationship Coverage, and both Debt and Equity Capital Markets.
Primary responsibilities include- Effective credit underwriting, credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, ongoing portfolio maintenance activities, and client support for an assigned portfolio consisting of complex Digital Infrastructure transactions (BTS, Colocation, Hyperscale) to a diverse mix of Financial Sponsors, Infrastructure Funds, individual companies and lead banks with global, national, and/or regional presence in the sector.
- Driving the process with Relationship Managers and Credit professionals on associated internal credit memos, research, and financial modeling functions, inclusive of Executive/Deal Summaries and Legal Documentation negotiations.
- Structuring, underwriting, and documenting new business, renewals and modifications.
- Oversee an assigned portfolio of credits and anticipate portfolio problems and take actions to develop solutions, handle multiple demands and competing priorities. Meet deadlines and schedules associated with maintaining portfolio compliance with credit and risk policies.
- Provide client management support for assigned portfolio. Regular level of direct client interaction and able to resolve the most complex issues related to credit monitoring and administration with client directly. Understand and stay abreast of industry and market information related to assigned markets and customers. Share insights and learnings with other RMs and PMs.
- Tracking and reporting of key lease metrics, obligations, and critical dates.
- Ownership of financial and contractual requirements for Data Center colocation agreements.
- Drive process creation, implementation, and improvements.
- Mentor and provide guidance to junior associates and analysts.
Qualifications, Education, Certifications and/or Other Professional Credentials- 7+ (VP) or 10+ (Director) years of commercial credit experience primarily in Commercial Real Estate.
- Prior experience in the Digital Infrastructure sector and Project Finance strongly preferred. Knowledge of competitive environment and practices in the industry including technical standards, industry trends, technology, and regional/national regulatory requirements.
- Exhibited competency in financial analysis and credit structuring, understanding and applying credit policy and credit monitoring and risk administration practices.
- Bachelor's degree is required.
- Prior portfolio management experience to include proposing credit and covenant structures and documenting loans.
- Capable of interpreting and detecting issues with property, guarantor and sponsor financial performance and can put them into the context of the client's history articulating possible impacts of such changes to the risk profile of the credit.
- Displays strong verbal and written communications and interpersonal skills.
- Displays ability to engage with customers directly and may accompany RM on client visits or attend client meetings.
- Displays competency with critical and analytical thinking and is able to identify connections between issues and actions needed to resolve issues for credits contained within the portfolio to ensure continued compliance with credit and risk policies and practices.
Hours & Work Schedule- Hours per Week: 40+
- Work Schedule: Monday - Friday
Pay Transparency The salary range for this position is $200,000 - $250,000 per year, plus an opportunity to earn additional incentive earnings (if applicable). Actual pay is based on various factors including, but not limited to, the budget, work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.
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