What are the responsibilities and job description for the Client Relationship Manager | Fund Finance for a top performing financial institution [NY] position at Vertical Careers, Inc.?
Relationship Manager [2 Openings]
Locations: LA/Pasadena and New York
Headquartered in California, our large banking client is a top performing financial institution with an exclusive focus on the U.S. and Asian markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, the company gives people the confidence to reach further.
Job Summary:
The Fund Finance group was established over ten years ago and grew significantly in those years. Target AUM from $100M to over $10B. You will be part of a rapidly-growing and financially strong organization that provides career path development opportunities while serving a large and profitable market.
Responsibilities
- Grow the existing portfolio of fund finance and private debt firm clients by leveraging existing contacts and generating new leads to meet loan, deposit, and fee income goals.
- In partnership with the Managing Director for the Eastern U.S., structure debt solutions that are sufficiently innovative to attract new clients.
- Collaborate with other team members to complete the underwriting, due diligence, and documentation process for loans.
- Work with product specialists within the Bank to deepen and broaden client relationships by delivering a full suite of banking solutions including treasury management products, foreign exchange, interest rate derivatives and letters of credit.
- Mentor other team members including Portfolio Managers and Analysts.
- Travel to cities in the Eastern U.S. to source new business, visit existing clients, and attend industry conferences and events.
Qualifications
- 10 years of banking experience with a minimum of 5 years of direct client relationship management experience, ideally with banking fund finance;
- Experience in dealing with a wide array of corporate clients and credit structures;
- Thorough knowledge of the banking and financial services industries;
- Ability to quickly build credibility, close deals and win relationships from competitors in order to generate incremental loan outstanding, fees, deposit balances;
- Understanding of private investment firm structures, including buyout, fund of funds, venture capital, senior debt and mezzanine debt;
- Experience in negotiating term sheets, structuring credits, and reviewing and negotiating legal documents in partnership with counsel;
- Demonstrated ability in high level effective communication and presentation skills, including the ability to effect desired results in the back-office and product areas of the bank;
- Ability to write clearly and concisely in both internal credit memos and client communications.
- Team player with a highly developed ability to work and communicate effectively with credit, and all levels of management throughout the organization.
Salary : $250,000