VP, Senior Underwriter & Portfolio Manager- Aviation Finance (Hybrid)

OverviewThis is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office based in NY, NJ, CA, AZ, MA, IL FL, GA, TX, NC.First Citizens Aerospace, Defense & Government-part of the Commercial Finance group-delivers asset-backed lending solutions for commercial aircraft, engines, and parts, along with cash flow financing for manufacturers, service providers, and private equity sponsors across the sector. With over 20 years of specialized expertise, the team is recognized for its deep industry knowledge, strong client relationships, and disciplined execution. We are seeking a highly skilled professional to join our team and support continued growth in this dynamic and specialized market.Position OverviewThe Vice President, Underwriting Portfolio Manager is responsible for both underwriting and portfolio management of ADG financing transactions. This role includes evaluating, monitoring, and optimizing portfolio performance while ensuring compliance with regulatory requirements and market conditions. The VP will lead analysis, reporting, and asset management activities to maximize value and minimize risk, while communicating portfolio insights to key stakeholders through reports, dashboards, and presentations.ResponsibilitiesUnderwritingLead the underwriting of credit transactions in accordance with established policies and regulatory standardsPartner directly with clients to gather and assess financial and operational informationAnalyze financial statements and performance to determine creditworthiness and repayment capacityRecommend credit structures, risk ratings, covenants, and loan termsCommunicate underwriting progress and outcomes to internal and external stakeholdersProvide leadership and expertise in credit analysis and underwriting executionPortfolio ManagementDrive portfolio performance through strategic transaction recommendations and executionEnsure appropriate liquidity is maintained to support balance sheet growthMonitor portfolio risk and confirm that transactions align with acceptable risk levelsSupport stress testing, model validation, and ongoing assumption updatesDevelop and present reports for management and regulatory stakeholders on portfolio composition, returns, and riskFinancial AnalysisConduct detailed financial and market analysis to support loan structuring and approvalsCompile and interpret borrower data, industry trends, and collateral valuationsAssess key risks and mitigants to develop a comprehensive view of borrower performanceApply analytical insights to support underwriting of complex financing structuresRisk ManagementIdentify and evaluate risks across new and existing creditsCollaborate with internal partners to resolve risk-related issuesManage credit review and renewal cycles, ensuring timely and thorough evaluationsSupport development and execution of portfolio risk management strategiesQualificationsRequiredBachelor's degree with 6+ years of experience in credit analysis, underwriting, or risk managementORHigh school diploma/GED with 10+ years of relevant experiencePreferredBachelor's degree in Business, Finance, Economics, or related field8 years of experience in commercial banking, asset-based lending, corporate lending, or investment banking4 years of experience in aviation or aerospace lendingExperience structuring bilateral, syndicated, and asset-backed (collateralized) financing transactionsFormal credit training program completionIf hired in New York or San Francisco, California, the base pay for this position is generally between $145,000.00 and $185,000.00. If hired in Illinoin or Texas, the base pay for this position is generally between $138,000.00 and $163,000.00 . If hired in New Jersey, Los Angeles, Santa Monica or Massachusetts the base pay for this position is generally between $151,000.00 and $178,000.00. If hired in Florida, Georgia, North Carolina or Arizona, the base pay for this position is generally between $132,000.00 and $155,000.00. 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.#LI-NK1Benefits 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.