Teller jobs at Municipal Credit Union - 697 jobs

The Private Bank, Private Equity Lending Associate (Fund Finance) will function as underwriter and portfolio manager of a commercial loan portfolio within the Private Bank's Boston office. The Lending Associate will focus primarily on private equity / venture capital fund finance transactions (including capital call lines of credit, management company financings, and general partner financings) with a willingness to occasionally handle C&I and CRE transactions. Private Equity Lending Associate should be experienced in credit analysis, loan structuring, legal documentation, credit policy, lending origination systems, and regulatory requirements involved in private equity / venture capital fund finance. The ideal candidate has strong attention to detail and is a clear communicator who excels at managing multiple priorities while working independently or as part of a team. Primary responsibilities Works closely with Relationship Manager and client to identify lending needs and solutions. Serve as the client day-to-day contact for credit-related inquiries and requests. Ability to interact with private equity/venture capital clients and understand operating models of client businesses Underwrite credit approval packages for new credit product originations or renewals and modifications to existing credit facilities, including: capital call lines of credit / subscription facilities, revolving lines of credit to management companies, term loans to management companies, general partner loans to corporate borrowers, and standby letters of credit. Performs analysis of client's financials to determine loan eligibility. After Relationship Manager handoff, serves as main point of contact for all internal/external parties to lending transactions while keeping the RM updated. Manages end-to-end loan process with clients and internal/external partners from inquiry through post-closing (e.g., presents loan requests to Credit Officer for approval, assists with closing coordination and any post-closing requests). Manage the existing portfolio of credit facilities to ensure operations are in compliance with terms structured in credit agreements. Proficient use of Moody's CreditLens or similar application to complete financial analysis and spreads. Analyze cash flow reports, calculate ratios, recognize and describe trends and identify recurring and non-recurring sources of cash flow. Monitors pipeline to ensure loan workflow is efficient and meeting closing deadlines. Maintains a high level of quality control for verifying accuracy of financial and loan documents. Qualifications 3+ years of commercial credit analysis experience with private equity/venture capital (capital call lending, management company credit facilities). BA/BS Degree required with concentration in business, finance and/or accounting preferred. Strong decision-making, interpersonal and communication skills; including the ability to clearly understand and convey complex concepts, both written and verbal. Excellent organizational and time-management skills, and high attention to detail and accuracy. Self-motivated and self-disciplined, with the ability to work effectively with little supervision. Willingness to focus primarily on fund finance transactions but also handle occasional C&I and CRE transactions. Experience across all three lending verticals is not essential - the Team will help the candidate get up to speed. Advanced familiarity with Word, Excel, and PowerPoint. Experience with Moody's CreditLens is a plus. Hours & Work Schedule Hours per Week: 40 (note: this is an exempt position and meeting deadlines requires flexibility in time management and additional hours) Work Schedule: M-F Location: 772 Boylston St., Boston, MA (4 days in office required; 1 day WFH) Pay Transparency The salary range for this position is $100,000 - $130,000 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 every local and state jurisdiction in the United States. For an overview of our benefits, the text above has been intentionally summarized to reflect the original content and does not include a clickable link. 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) provide 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, genetic information, genetic characteristic, marital or domestic partner status, 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 all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability. #J-18808-Ljbffr