Senior Managing Director Of Alternative Investments

Senior Managing Director of Alternative Investments:

The Senior Managing Director of Alternative Investments provides and generates a non-interest income stream earned from a diversified portfolio of Volcker-exempted private equity or private credit funds. The role oversees and manages the Alternative Investment Working Group.

The position manages several aspects of business development with key members of the private equity funds. Additionally, the Senior Managing Director oversees and contributes to the management of the private equity portfolio. The oversight includes identifying prospective relationships, identifying, assessing, underwriting, and monitoring the portfolio performance.

The position works across commercial and industrial and specialty lending teams to generate lending and other ancillary relationships. Also, the manager works with the Community Reinvestment Act (CRA) team to identify and to document CRA investment credit opportunities within Cadence's assessment area.

Essential Job Functions.

Responsible for the Alternative Investments team

Responsible for the establishment and achievement of personal production goals and objectives. Goals include income generation and tracking of CRA investment credit.

Oversight and coordination of the Alternative Investments Working Group

Coordination with the Community Reinvestment Act team

Calling effort that involves onsite due diligence and fund performance discussions

Monitoring & Testing

Oversight of Corrective Actions

Regulatory Change Management

Compliance Training, and

Regulatory Complaint Management

Expectations

Communicate with the Treasurer, Alternative Investments Working Group, all levels of Management and the Bank's Regulators

Maintain a high degree of regulatory knowledge

Work with relationship managers across the bank to develop new lending and depository relationships

Stay informed of industry issues and trends

Manage multiple projects and deadlines

Manage day-to-day interactions and relationships

Ensure systems are in place to facilitate compliance

Contribute to the development of policies and procedures, and

Participate in the development and implementation of training to ensure or improve compliance

Regular and reliable attendance

Works cooperatively with others

Qualifications

Education

• Bachelor's degree in finance or business, Graduate degree (MBA), CFA charterholder, or CAIA certificate is a plus.

Experience

• At least 15 years banking experience preferably in an analytical and business development leadership role. Three to five years of management experience.

Skills -

Leadership and management

Organized and analytical

Resourceful and innovative

Verbal and written communication of complex information, and

Technical, e.g. Microsoft PowerPoint, Excel & Word

If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we're dedicated to adding new perspectives to the team and encourage everyone to apply.