Full-Time

CBG Capital Markets Lead

Confirmed live in the last 24 hours

Cross River Bank

Cross River Bank

1,001-5,000 employees

API-driven banking services for FinTechs

Compensation Overview

$120k - $160k/yr

+ Commission

Senior

Edgewater, NJ, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Financial Modeling
Requirements
  • 5+ years of relevant capital markets experience with a proven successful sales record
  • Thorough knowledge of banking trends, competition, regulations, and banking compliance policies and procedures
  • Ability to establish and maintain effective work relationships both internally and externally
  • Demonstrated ability to manage and prioritize multiple tasks under tight time constraints
  • Excellent analytical, written and verbal communication skills
  • Strong organizational skills
  • Proficiency with Microsoft Office products
  • Willingness to travel
Responsibilities
  • Assist in all CBG’s capital markets deal activity and transaction lifecycle, including sourcing, structuring, marketing, and executing on syndications, loans sales, and related activities
  • Develop and maintain relationships with lenders, including commercial banks, insurance companies, and other institutional lenders
  • Generate deal flow and maintain and manage pipeline
  • Conduct financial modeling, analyzing transactions to optimize structure and maximize proceeds
  • Prepare marketing materials, deal summaries, and term sheets
  • Perform and assist on project-level due diligence
  • Collaborate cross-functionally, as well as with external parties, to facilitate transactions
  • Stay abreast of market trends and track comparable transactions and third-party lender activities
  • Report on business forecasts, financials, and other key metrics
  • Represent team at industry conferences and investor events
  • Perform other duties as assigned
Desired Qualifications
  • Bachelor’s degree in Finance, Business, Accounting, Economics, or a related field preferred

Cross River Bank provides a range of banking services through its API-driven platform, the Cross River Operating System, which allows FinTech companies to easily integrate customizable and secure banking solutions. The company serves small businesses and played a key role during the COVID-19 pandemic by helping over 100,000 businesses secure Paycheck Protection Program loans. Its business model focuses on "Banking as a Platform" (BaaP), offering infrastructure for other financial technology companies to create their own products. Cross River aims to support small enterprises and enhance the financial services landscape through technology.

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$954M

Headquarters

Fort Lee, New Jersey

Founded

2008

Simplify Jobs

Simplify's Take

What believers are saying

  • Launch of international payments enhances global reach and efficiency.
  • Partnership with MassPay expands access to real-time payments in the gig economy.
  • Collaboration with Fundbox strengthens position in SMB lending market.

What critics are saying

  • Increased competition in real-time payments may impact market share.
  • Tightening lending standards could reduce revenue from loan origination fees.
  • FDIC's past consent order may affect reputation and regulatory scrutiny.

What makes Cross River Bank unique

  • Cross River Bank combines traditional banking with innovative fintech solutions.
  • The company offers a unique API-driven platform for seamless fintech integration.
  • Cross River's 'Banking as a Platform' model supports customizable and secure financial services.

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Benefits

Generous parental & leave policies

Completely subsidized health, dental, & vision insurance

Complimentary dry cleaning

On-site haircuts

Endless snacks

Company events

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Banking Gateway
May 1st, 2025
Cross River expands borderless finance with launch of international payments powered by smart-routing

Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, announced the launch of its new International Payments solution, now processing transactions with Aion, a modern business finance platform designed to simplify financial management.

The Journal
Mar 20th, 2025
United Against Antisemitism: New Online "Safe Space" Empowers College Students

In response, Aish has joined forces with Cross River Bank - through its Foundation arm - to launch United Against Antisemitism (UAA), a new online community designed to be a safe space for support, action, and community building among Jewish students and young professionals.

PYMNTS
Dec 17th, 2024
Small Business Loans Decreased In 2023 As Lending Standards Tightened

Small business and small farm loans decreased in 2023 as interest rates rose and lending standards tightened, according to three federal banking agencies with responsibilities for the Community Reinvestment Act (CRA).Compared to 2022, the number of small business loans originated decreased by 5.1% and the number of small farm loans originated decreased by 5.6%, according to a fact sheet released Monday (Dec. 16).The dollar amount of these loans decreased by 8.9% and 5.2%, respectively, in 2023 compared to the previous year, according to the fact sheet.“The decrease in lending is likely due, at least in part, to rising interest rates and tighter lending standards,” the fact sheet said.These figures are based on the agencies’ analysis of nationwide summary statistics for 2023 CRA data, according to the fact sheet.They were compiled by the three federal banking agency members of the Federal Financial Institutions Examination Council: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency.The data covers only a portion of the credit extended to small businesses and farms, as depository institutions and nonbank financial institutions that don’t report CRA data also extend loans, per the fact sheet.In terms of the number of loan originations in 2023, about 94.9% of small business loans and 80.2% of small farm loans were for amounts under $100,000, according to the fact sheet.The analysis also found that 54.8% of small business loan originations and 58.1% of small farm loan originations went to firms with revenues of $1 million or less, per the fact sheet.Only about 8.5% of small and medium-sized businesses (SMBs) have found working capital loans from banks to be readily available, according to the PYMNTS Intelligence and Cross River collaboration, “What’s Next in Credit: Why SMBs Prefer Corporate Credit Cards for Short-Term Financing.”The report found that the challenges faced by these businesses suggest it may be difficult to qualify for business financing in today’s economic environment.The FDIC said in October that a high-touch approach and in-person visits to bank branches are “key conduits” for small business lending

PYMNTS
Nov 18th, 2024
Fdic Extends Comment Period For Proposed Custodial Account Recordkeeping Rule

The Federal Deposit Insurance Corp. (FDIC) has extended the public comment period for its proposed rule on recordkeeping for banks’ custodial accounts. Previously scheduled to end Dec. 2, the comment period now runs through Jan. 16, the FDIC said in a Monday (Nov. 18) press release

PYMNTS
Oct 23rd, 2024
Cross River Ceo: Fdic Proposed Rule Would Protect Bank-Fintech Model

Cross River Founder and CEO Gilles Gade has spoken out in favor of the Federal Deposit Insurance Corp.’s (FDIC) proposed requirements for custodial deposit accounts. The proposed requirements are a proper response to the collapse of Synapse and the fallout that impacted its FDIC-insured banking partner, Evolve Bank Trust, and several FinTechs, Gade said in a Tuesday (Oct. 22) statement. “In the past, we’ve been the first to push back on regulator overreach,” Gade wrote. “But on this occasion, regulators at the FDIC are undeniably right to take responsive action.”