Fund Financing Relationship ManagerNew York, NY

Fund Financing Relationship Manager

Piermont Bank is a digital commercial bank with a mission to serve fast growing companies at the speed they need. Entrepreneur-led and tech-forward, we offer a fully digital experience coupled with meaningful banker relations. We believe in being a partner for enterprising companies, acting as a funding catalyst for mid-market innovation and growth. Piermont's financial solutions and expertise empower our business community to thrive. At Piermont, we are purpose-driven, responsive and practical, delivering integrated and flexible solutions that create value for clients in today's fast-changing economy.

The Fund Financing 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. As the Fund Financing Relationship Manager you will be a cornerstone of this group, handling already established relationships while growing new relationships across the space.

Responsibilities :

• As a Relationship Manager for the Fund Financing business, your main responsibility is the development of the Fund Financing business and its clients, along with the structuring, execution and management of Fund Financing facilities.
• Demonstrate an advanced level of knowledge in both core and Fund Financing 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 :

The hiring range for this position is $180,000 to $225,000 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.