Capital Call Line Relationship Manager

About Us:

Piermont Bank is a tech-enabled digital commercial bank founded in 2019 with a mission of changing the face and pace of banking. It provides an unprecedented experience that blends the best of banking and agile Fintechs. At Piermont, we are purpose-driven, and focused on creating and delivering banking products relevant to today’s digital economy. We are the go-to Bank for the fintech ecosystem.  For more information, visit www.piermontbank.com. 

The Role:

The Capital Call Line business at Piermont provides innovative fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund's limited partners. The business forms an integral part of Piermont Bank’s Innovation Banking, where the bank focus on serving the fintech ecosystem.

Responsibilities:

• As a Relationship Manager for the Capital Call Line business, your main responsibility is the development of the Capital Call Line business and its clients, along with the structuring, execution and management of Capital Call Line facilities.
• Demonstrate an advanced level of knowledge in both core and Capital Call Line products and services.
• Oversee preparation of consolidated credit and portfolio information.
• Drive profitability by ensuring the credit and financial impact of all business decisions (including pricing) is independently evaluated and recommendations made to the business to mitigate any financial risks.

Qualifications:

• Minimum of a Bachelor’s degree in finance, accounting, credit-related field.
• Ten plus years' relevant work experience (e.g., lending, underwriting, credit, portfolio management) and a strong fundamental understanding fund finance.
• Origination track record preferred.
• A strong knowledge of financial accounting, financial analysis and the principles of secured lending.
• Transaction and project management skills.
• Excellent verbal and written communication skills to interact effectively with all levels of Bank personnel and customers. Must be able to effectively articulate views both within the Bank and externally in the marketplace.
• Ability to form effective client relationships.
• Established credit, industrial, and risk acumen.
• Proven ability to prioritize competing demands.

The hiring range for this position is $130,000 to $185,000 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s job-related knowledge, skills, and experience, among other factors. A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, dental, vision, 401k, and other benefits.

Piermont Bank is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, political affiliation, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability or other applicable legally protected characteristics.