GFB Collateral Analyst I (Finance)
BE PART OF A BANK LIKE NO OTHER.
When you work with the world's most innovative companies, you know you're making a difference.
Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.
Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description
Silicon Valley Bank's Global Fund Banking team provides commercial banking services to venture capital and private equity funds globally. The team is responsible for the collection and capture of information on institutions and individuals that represent the financial collateral for the loans we provide. This position will perform the shadow accounting and record keeping for remaining callable capital on the funds that we bank.
Duties include monitoring emails for capital call notices from clients, matching them against expected capital call notices and performing transactions in our database to update remaining callable capital.
Additionally, this position will perform periodic wire reconciliations on capital calls to ensure all Limited Partners are fulfilling their commitment to the funds. The collateral analysis will interact with deal teams when missing capital call notices or wires are identified. They will also interact with the Portfolio Management Analysts when advances are held up due to missing capital call notices. There will be other collateral diligence projects assigned
Candidates must be able to work and think independently. Strong organizational and time management skills are key, as multi-tasking is essential to monitor and engage with many moving parts.
Experience reconciling, balancing numbers and attention to detail is also extremely important. Experience with Microsoft Office 365 SharePoint online and excel is essential.
Collateral analysts must have 1-3 years' experience working in a digital record keeping position. Commercial banking experience is a plus.
For nearly forty years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group's businesses, including Silicon Valley Bank, offer commercial, investment and private banking, asset management, private wealth management, brokerage and investment services and funds management services to companies in the technology, life science and healthcare, private equity and venture capital, and premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group operates in centers of innovation around the world.
© 2021 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).
SVB Financial Group is an equal opportunity employer.
At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
