Development Associate Development Associate …

Svb Financial Group
in Palo Alto, CA, United States
Permanent, Full time
Be the first to apply
Svb Financial Group
in Palo Alto, CA, United States
Permanent, Full time
Be the first to apply
Development Associate
Associate Development Program- Private Equity Services

Joining the Associate Development Program (ADP), you'll help some of the world's most innovative companies move bold ideas forward, fast.  You'll learn from SVB's most passionate, enterprising bankers and you'll start making an immediate impact in the global innovation ecosystem.  This Associate role is tailored specifically for establishing a career within Private Equity Services, and as such gets exposure to a variety of activities within this organization.

Associates will spend up to two years working with SVB client relationship teams.  Responsibilities during the training program include:

  • Support loan growth, risk management and client satisfaction in partnership with senior bankers
  • Assist in monitoring and assigned portfolio of credits
  • Independently process loan advances, monitor and analyze borrowers' financial performance and loan covenant compliance
  • Contact clients directly to resolve compliance related questions and inquiries
  • Handle a variety of routine credit documentation requirements in addition to reviewing noncompliance and past due status for assigned accounts
  • Review financial information, collateral and other assets to assess portfolio risk and profitability
  • Review portfolio management reports and engage in regular portfolio review meetings with the credit officer
  • Assure credit files comply with SVB policies and procedures

 After attaining proficiency in the duties attributed to loan monitoring activities, the Associate will further grow their skills by supporting the sales process by preparing credit recommendation requests. Associates assist in the underwriting of credits, analyzing financial statements and preparing the due diligence approval package for renewals and modifications. There may also be an opportunity to prepare the underwriting documents for credit, facilitate the booking process, in an effort to grow sales and risk management skills.

  • Associates must be able to work independently in completing assigned duties
  • Strong organizational and time management skills are important, as multi-tasking is essential to monitor and engage with the overall loan portfolio.
  • Excellent verbal, written, and interpersonal communication skills

Once on board, Associates must quickly gain a thorough knowledge of SVBs bank operations and products as they will be working with sales teams to satisfy client requests. They must be able to collaborate and work effectively with all areas of the Bank including our Global Partners.

Primary Location: United States-California-Palo Alto
Work Locations:
Job: Banking Commercial
Organization: SVB Financial Group.
Schedule: Full-time
Job Posting: Nov 24, 2019, 9:15:34 PM
Travel: Yes, 10 % of the Time