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Liquidity Rotational Development Program - March / Sept 2023 Cohorts

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First Citizens Bank

First Citizens Bank

Liquidity Rotational Development Program - March / Sept 2023 Cohorts

Remote
Full Time
Paid
  • Responsibilities

    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 is the most sought-after financial partner in the global innovation economy. We bring together entrepreneurs, investors, ventures capitalists, and private equity firms to move their bold ideas forward, fast. Our clients define what comes next. In the past 35 years, we have accumulated more experience with start-ups and high-growth tech than any other company in the world. In fact, a majority of the most compelling Fintech disruptors bank with us. Our clients include: Beyond Meat, Shopify, HelloFresh, Cloudera, and Andreessen Horowitz, just to name a few. More than half of the innovation companies that completed an IPO in the last two years were SVB clients.

    Summary/Objective:

    The Liquidity Solutions team offers a variety of products to commercial banking clients. This role is designed to give recent graduates and early career professionals exposure to the strategy behind and delivery execution of those products. You will build a solid breadth of knowledge rotating through several groups within the organization that will set you up for future career success as a liquidity professional.

    This competitive program is designed to invest in you for the first 24 months through a series of 8-month rotations. In addition to rotations the program includes information sessions on areas of Liquidity that you do not rotate through to give you a holistic picture of the organization and help you best direct your career. At the end of the 24 months, once you have gained valuable experience, you will be matched with a permeant role that best fits your passions and satisfies business need.

    Possible rotation areas include:

    Middle Office:

    The Middle Office team functions as an internal operations team that supports the systems, functions processes and procedures for Liquidity Solutions. Some examples of work completed during this rotation may be:

    • Trading & trade settlements: execution and resolution of complex securities transactions

    • Revenue recognition: Calculate revenue estimates and process and review management fees

    Silicon Valley Bank Asset Management (SAM):

    This team helps clients preserve capital for future use through curated investments tailored to specific client needs. Some examples of work completed during this rotation may be:

    • Portfolio compliance monitoring: comparing market variations to client investment policies

    • Investment policy programming: translate what clients want into systems to flag anomalies

    Liquidity Account Management:

    This client facing team is essential in building value for clients through resolving issues and advising financial decisions. Some examples of work completed during this rotation may be:

    • Produce Portfolio Review Presentations: Review client investments and recommendations

    • Respond to inquiries: wire support, signer updates, LOAs, system access, and more

    Business Intelligence:

    The Business Intelligence group synthesizes data into meaningful insights that help drive business decisions both within Liquidity Solutions and across the commercial bank. Some examples of work in this area include:

    • Learning to leverage data tools to prepare monthly updates to leaders across the bank

    • Ad-Hoc research to answer pressing business questions

    Liquidity Advisory:

    This client facing team works directly with clients to help them preserve their capital using the suite of tools SVB has developed. Some examples of work on this team may include:

    • Preparing prospect lists for potential new clients and monitoring those clients who are growing

    • Participating in the relationship-building sales process to solve client needs

    Other rotation possibilities may be added as our program continues to grow.

    Active recruiting for both fall and spring cohorts will occur August-October, with final interviews and decisions coming out in November.

    © 2022 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.

    Equal Employment Opportunity

    Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

    Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

  • Industry
    Financial Services
  • About Us

    Together, First Citizens and Silicon Valley Bank offer you the strength and stability of a diversified financial institution with over 125 years 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.