Description:
The Associate, Underwriting & Portfolio Management manages a portfolio of loan relationships, and routinely monitors them for risks inherent in a loan portfolio. The incumbent provides support to the manager of the department on continuous improvement initiatives and take the lead on projects that support loan growth and efficiency objectives within lines of business. The Associate, Underwriting & Portfolio Management helps deliver an industry-leading experience for both internal and external customers and acts as a subject matter expert.
Responsibilities
- Provide financial analysis on large corporate clients with a focus on credit.
- Underwrite credits, spread financials, perform projections unsupervised with deep understanding of the client
- Participates in deal diligence process including identifying all key risks.
- Reviews relevant deal documents / information provided in data room, by Company / Sponsor, and third party reports.
- Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls.
What You Bring
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- At least 3+ years of experience in credit underwriting with solid experience in spreading financials under GAAP and IFRS accounting, understanding the concepts of EBITDA add-backs and ability to perform projections unsupervised with deep understanding of the client.
- Experience with financial analysis of large corporate clients with a focus on credit.
- Bachelor's Degree or equivalent work experience: Finance, Accounting, Management, Economics or equivalent field. - Required.
- 3+ Years Financial analysis, structuring, underwriting and portfolio management. - Required.
- 3+ Years Experience with underwriting loan transactions - Required.
- Superior written and verbal communication skills.
- Strong analytical skills and proficiency navigating and understanding financial statements.
- Ability to work in a fast paced environment with little supervision.
- Ability to work well with others and on teams.
- Proficient in Microsoft Office, including Word, Excel and PowerPoint.
- Skilled in proposing and negotiating and recommending credit and covenant structures.
- Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments.
- Ability to foster strong partnerships with the related documentation and underwriting units.
- Demonstrated practical and conceptual knowledge of credit and risk analysis.
- Demonstrated knowledge in financial modeling and able to structure credit in modeling environment. Able to assist RM's on how to structure the credit relationship.
- Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organization.
- Solid understanding of industry nuances applicable to the credits contained within the group's portfolio.
- Solid knowledge of loan and related legal documents.
- Strong communication skills, and ability to influence others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
- Must demonstrate strong judgment and sound credit skills.
- Knowledge of Federal banking regulations.
Certifications
- Other: Completion of bank-certified course in Credit Training - Preferred.
It Would Be Nice For You To Have
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
- Experience in Microsoft Office products.