Description Citizens Private Bank has accelerated its strategy to build out Wealth Management, scale its Business Banking, grow deposits, and expand in key growth markets. A key component of this initiative is our Private Equity & Venture Capital (“PEVC”) product suite, including Capital Call Lines of Credit, Management Company facilities and other products. We’re looking for talented individuals who recognize the value of delivering a white glove experience to clients that results in long-term client loyalty. As a PEVC credit analyst, you will play a vital role in assisting underwriters and overseeing the management of the current PEVC portfolio. Primary responsibilities include + Provide a white glove service to our clients, which includes timely responses to all client-related inquiries and requests. + Create, maintain, and monitor all loan and credit files at the highest quality, which entails testing existing credit facilities for financial and reporting covenant compliance, detecting early warning signs that could lead to a potential default, monitoring underperforming loans and evaluating proper loan risk ratings. + Fulfill ongoing post-closing duties by ensuring compliance reviews and processing draw and paydown requests. + Ensure compliance with regulatory requirements and internal policies and procedures. + Interact with private equity clients and understand operating models of client businesses. + Underwrite credit approval packages for renewals and modifications to existing credit facilities. Assist with approval packages for new credit product originations. + Work with internal partners to complete enhanced due diligence (KYC) on borrowers, guarantors, and authorized signers. + Research and analyze client performance and structure for the purpose of determining the overall risk profile and creditworthiness of the client and communicating such to senior management. + Review and comprehend Bank loan documentation and client legal documentation. + Assist the loan process through all stages (prospecting, underwriting, legal negotiation, closing, post-closing activities). + Credit Analysts should be strong communicators in nature, having to liaise with various internal Bank colleagues, external counsel, and clients. Qualifications, Education, Certifications and/or Other Professional Credentials + Bachelor’s degree is required. + Equivalent work experience or completion of formal credit training program and up to 2 years of applied financial analysis working with straight forward to moderately complex credits with a focus on Private Equity or Venture Capital is strongly preferred. + 1-3 years of private banking or commercial banking experience in a fast-paced environment is preferred. + Position requires basic internet search skills, developed knowledge of financial statement spreading and profitability modeling, effective verbal and written communications skills, ability to manage multiple priorities at once. + Proficiency in Microsoft Excel, PowerPoint, and Word. + Ability to interact with high-level financial professionals in the PEVC ecosystem, ranging from fund administrators to CFOs. + Willingness to learn fund structure and how different loans support PEVC fund operations. Hours & Work Schedule + Hours per Week: 40 + Work Schedule: M-F - Hybrid* + Location: Boston, MA or San Francisco, CA Pay Transparency The salary range for this position is $75,000 - $85,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the 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 . Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance. Equal Employment Opportunity Citizens, its parent, subsidiaries, and related companies (Citizens), provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability, or history or record of a disability, ethnicity, gender, gender identity or expression, transgendered and transitioning individuals, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders. Why Work for Us At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth Background Check Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information. 03/07/2025