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SVB- VP1- Start Up Banking- Healthtech/Medical Device

Employer
First Citizens Bank
Location
Boston, USA
Salary
Competitive
Closing date
Dec 9, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our Boston or NYC 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.

Responsibilities

SVB's Startup Banking team is focused on engaging and building deep and authentic client relationships with pre-Series A founders, clients, prospects and partners. Early-stage constituencies include accelerators/incubators, law firms, universities, industry groups and early-stage VC investors (emerging managers). This role will be part of our Life Science and Healthcare team and have a focus on Healthtech and Medical Device companies.

This VP1 Startup Banking Portfolio Management role is responsible for acquiring and managing a portfolio of early-stage pre-Series A clients, including working with prospects, managing relationships with startup founders and finance teams, cross-selling bank products and services, managing risk and compliance issues, and coordinating with cross-functional SVB teams to deliver world-class service to clients.

The role is responsible for financial performance and risk management of the portfolio. The role is also responsible for leading engagement with high potential prospects, clients, and ecosystem channel partners.

Qualifications

High School or GED plus 6-8 years of Relationship Management experience OR Bachelor's degree plus 2-4 years of Relationship Management experience.

Preferred
  • Banking experience working with high growth, VC backed companies
  • Domain expertise in Healthtech and/or Medical Device sectors
  • Prior experience as a startup founder, operator, investor, or ecosystem builder
  • Possess a strong network in the Healthtech/Device startup ecosystem
  • Strong communication, negotiation, marketing and closing skills.
  • Highly skilled relationship builder with a passion for creating a strong client experience.
  • Strong understanding of the business trends impacting the Innovation Economy
  • Ability to manage time, prioritize and work independently.

Travel: May be occasionally required.

Compensation If hired in New York, the base pay for this position is generally between $102567-153851 annually. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits

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