Note: The job is a remote job and is open to candidates in USA. First Citizens Bank is seeking a CF Portfolio Compliance Administrator to support their Commercial Finance's Sixty-First Commercial Finance Joint Venture with Sixth Street Partners. The role involves maintaining and monitoring compliance with established JV policies and procedures, interfacing with regulators, and assisting in underwriting new business while managing portfolio review processes.
Responsibilities
- Documentation - Responsible for ongoing tracking of state licenses, ongoing state license reporting requirements and coordination of any. Provide portfolio reporting on an ongoing basis to various 3rd party firms who support the JV (6th Street, Guidehouse, JDR). Responsible for ongoing tracking and compliance with state licensing requirements. Create and maintain comprehensive closing document files in the appropriate online storage location
- Reporting - Assist in the preparation of ongoing monthly and quarterly reporting packages. Coordinate the preparation of ongoing monthly and quarterly JV portfolio and business performance reporting packages
- Operational Support - Tracking and documenting customer complaints and responses. Assist in monitoring and tracking insurance and UCC renewals and audits by state regulators. Assist in the tracking and receipt of post-close conditions and follow-up items. Manage ongoing compliance and coordinate/facilitate any audits by State Regulators. Preparation and review of closing checklist on transactions
- Business Support - Assist in transaction closings, underwriting new transactions, and resolution of portfolio management issues as needed. Work closely with team and internal peers to prepare and present relevant portfolio metrics and related Asset Based Securitization (ABS) offering and presentation materials to be used during annual ABS road show meetings. Communicate to the team on any existing or developing issues that need attention
- Relationship Development - Develops and retains positive business and customer relationships. Makes recommendations in vendor selection, negotiations, issues resolution, and ongoing relationship management
Skills
- Bachelor's Degree and 6 years of experience in Underwriter, Portfolio Management, Compliance, Documentation OR High School Diploma or GED and 10 years of experience in Underwriter, Portfolio Management, Compliance, Documentation
- Bachelor's Degree
Benefits
- Variable incentives
- Bonuses
- Benefits
- Other awards as outlined in the offer of employment
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