Private Banking Associate

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Position: Private Banking Associate

Department: Emigrant Bank Fine Art Finance

Office Location: New York, NY - Hybrid

Job Summary:

Emigrant Bank Fine Art Finance brings together experts in art and banking to originate loans secured by fine art, collectibles, wine, classic cars, rare stringed instruments, jewelry, and a broad range of valuable specialty assets. We currently seek a private banking associate with strong credit skills and experience analyzing private banking clients holding private assets such as: private equity, hedge funds, venture capital, start- ups, private companies and other non-publicly traded investments.

Responsibilities include:

• Processing loan originations (background research, credit and financial statement analysis, underwriting, communication with clients and documentation preparation and review, maintaining credit files, as well as taking a deal from the term sheet through closing and funding with minimal direction)
• Underwriting of complex ownership structures involving on and off shore locations worldwide

Qualifications:

• Bachelor's degree required and at least 3 years of private banking credit analysis
• Formal bank credit training program
• Attention to detail required at all stages of the job

The outlined above is considered a core list of job duties/requirements. This document should not be considered a complete or comprehensive list. The incumbent assigned to this position is required to perform the duties listed above. The incumbent is also expected to adapt to changes and/or additions as needed. Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Bank and its Subsidiaries. Emigrant Bank and its Subsidiaries retains and reserves any and all rights to change, modify , amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.

New York pay range

$125,000—$200,000 USD