at First-Citizens Bank & Trust Company in Chicago, Illinois, United States
Job Description
Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
Together, Silicon Valley Bank and First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.
The Global Fund Banking Limited Partner ("LP") Relations Associate is responsible for supporting the LP Relations Team in managing and maintaining relationships with Limited Partners in the PE/VC ecosystem. Core responsibility includes attending calls and meetings with Limited Partners and General Partners ("GP"), while actively maintaining a database of investor preferences and funds that are open to Limited Partner introductions. The LP Relations Associate will be responsible for tracking all activity related to LP introductions to clients/prospects of the bank and following-up for status updates, when appropriate. The LP Relations Associate will be responsible for working with Relationship Managers within GFB to accurately track and provide support for their Limited Partner discussions. The Associate will work closely with and provide support to senior members of the LP Relations team, in addition to working closely with GFB's Sales Operations team to develop and maintain databases and dashboards for senior members of the team to review and utilize. Critical thinking skills will be utilized in support of senior members of the team, helping them and the GFB Relationship Managers build and maintain an active pipeline of LP relationships. This role will also assist in GFB's LP diligence process, helping identify LPs the LP Relations team has strong relationships with to confirm underlying capital commitments to clients of the bank.
Responsibilities
Participating in calls with both GPs and LPs, actively taking notes and consolidating into an aggregated system.
Integrating notes and activities of the GFB Relationship Managers with LPs in this aggregated system.
Identify and implement digital solutions that enhance the LP Relations team's productivity
Maintaining and updating records for LPs related to any introduction activity and subsequent conversations or investments between LPs and GPs.
Responsible for data integrity as it relates to CRM and other software systems and any metrics the LP Relations team is actively tracking.
Assisting in the creation of certain materials to position the LP Relationship platform to LPs and GPs.
In conjunction with senior LP relations team members, review LP lists for newly signed term sheets to see if LP Relations team can confirm certain commitment amounts to underlying managers.
Assist in the creation of insights/thought pieces based on data collected from LPs & GPs.
Create monthly deliverables to share with leadership to show progress of introductions, meetings held and results.
Recommends LP and GP follow-ups based on tracking information. Reviews information data sets to prepare fundraising/allocation insights
Qualifications
Bachelor's degree and 1-3 years of experience in Financial Services or High School Diploma/GED and 5-7 years of experience.
Preferred Qualifications
Knowledge of the Limited Partner universe and PE/VC fund structures.
Able to remain organized and lead all administrative components in support of an exciting and dynamic initiative within GFB.
Ability to lead simultaneous assignments and produce results in time-sensitive circumstances.
Ability to take ownership of and drive processes, but also knows when to escalate or engage others.
Works collaboratively with internal and external partners
Skilled at analyzing data to support and improve business decisions
Investor Relations experience
First Citizens benefits programs are... For full info follow application link.
First Citizens Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles), color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity, genetic information, military membership, application, or obligation, or any other legally protected status.
