Private Bank Lending Associate

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

 

Let’s talk about how you can find your place here at Stifel, where success meets success.

The Private Bank Lending Associate is primarily responsible for assisting in the execution of the Private Bank Lending (PBL) marketing plan. This position will also work closely with the PBL team in valuing private, illiquid assets to support the team's effort to originate, structure, underwrite, close, and monitor loans.

• Develop presentations and tracking databases to drive ongoing Marketing Outreach Program.
• Create pitch books, valuation studies, and detailed memorandums for the team.
• Partner with management to drive forward the Originations process.
• Assess risk, analyze, and structure PBL requests to prepare and facilitate credit decisions.
• Create reports and presentations showing team initiative metrics.
• Partner with Lenders, Credit Analysts, and Risk Management throughout end-to-end credit process, including underwriting and portfolio management.
• Ensure all credits meet the Firm's quality targets, policies, and procedures.
• Perform valuations for private, illiquid esoteric assets.
• Participate in analysis and review of publicly and privately-held collateral.
• Produce and prepare auditor review requests.

• Understand and comply with all regulations, including the Community Reinvestment Act, Bank Secrecy Act, Fair Credit Reporting Act, etc.
• Knowledge of the Private Banking target market.
• Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
• Ability to use strong interpersonal skills to interact with customers and negotiate mutually acceptable terms.
• Use of logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

• Minimum Required: Bachelor's Degree in finance, accounting, or another business related field
• Minimum Required: 3-5 years' of Investment Banking or related experience

• Minimum Required: None

• Proficient in Microsoft Outlook and Microsoft Suite including Word and Excel.

Salary: USD $77,400.00/Yr. - USD $92,900.00/Yr.

Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

 

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

 

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

 

Stifel is an Equal Opportunity Employer.