Associate Portfolio Manager- Subscription Finance & Services

Job description

Citizens Bank is seeking an Associate Portfolio Manager to join its Subscription Finance & Services (“SFS”) team. The SFS team manages a portfolio of private equity fund clients of varying sizes, strategy, and complexity. SFS serves as the primary banking partner to CFOs, COOs, treasurers, and investment professionals across leading private equity firms. The team delivers fund-level financing solutions, strategic advisory, and holistic banking services. The position will support the ongoing management, monitoring, and analysis of a portfolio of subscription credit facilities for sponsors with AUM > $1 billion. This role focuses on portfolio oversight, credit monitoring, analytics, and risk management. Primary responsibilities include: Provide day-to-day support to senior Portfolio Managers and collaborate with junior analysts across the team Support underwriting processes for new transactions, upsizes, and facility modifications Conduct analytical reviews of fund performance, fundraising cycles, strategy, and LP base composition Monitor borrowing bases, capital call activity, collateral eligibility, covenant compliance, and exposure levels across an assigned portfolio of subscripti...