Please review the following job description:
The Commercial Corporate Finance Credit Delivery group (“Group”) supports and facilitates new revenue growth through integrated origination and execution of capital structure alternatives and traditional banking revenue products. The Group structures, underwrites, and closes complex and often leveraged debt transactions for new and existing clients and private equity firms in Commercial Banking, driving, and directing the process and activities necessary to obtain Truist’s balance sheet commitment as well as support syndicated risk decisions. Financing transactions include lead and non-lead opportunities that include private, family-owned transactions as well as sponsor-owned, leveraged transactions. The Group also actively manages the related loan portfolio to meet client needs while also ensuring appropriate risk/return strategies and executes amendments, refinancings and ancillary credit product approvals. Responsible for ongoing client dialogue, including product partner opportunity identification where appropriate. Actively manages portfolio risk through risk rating integrity, client reviews, watchlist management, and amendments/waivers, as well as executing compliance, audit and regulatory guidelines and reviews. The group is also responsible for early identification of emerging credit problems and industry trends to initiate risk mitigation actions and ensure appropriate capital allocation.
Group members often have significant leveraged lending experience, capital structure knowledge, and legal and documentation expertise. They are expected to demonstrate strong negotiation and persuasion skills during their interactions externally with C-level corporate management and private equity clients, and internally with partners.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Reporting to one of Group Team Leads, supports senior teammates and deal teams in developing complex financial models and providing analytical support including analyzing financial statements and projections, and developing and participating in credit underwriting, structuring and presentations. Together with senior teammates, conducts due diligence, obtains credit approval and facilitates legal review for transactions.
- Fluent in Microsoft Office (Word, Excel and Powerpoint); ability to navigate Truist's systems and applications.
- Develop a working knowledge of Truist products and demonstrates superior technical skills.
- Responsible for analysis and underwriting related to transactions, amendments, modifications and other credit products for new and existing clients as part of deal teams.
- Contributes to creating credit product approval documents and presentations.
- Creates and utilizes analytical financial models, including financial projections, discounted cash flow analysis, leveraged buyout analysis, valuation analysis, and financial analysis of historical and projected cash flows.
- Performs research and analysis on companies, industries and transactions in support of both client activities and risk mitigation strategies.
- Supports senior teammates in management of the portfolio with responsibilities including financial statement spreads, covenant compliance analysis and others as directed.
- Works closely with teammates in the preparation of on-time and high-quality annual client reviews, renewals, and amendments. Experienced teammates may be responsible for completing entire annual reviews on assigned clients.
- Maintains active ownership and timely processing of quarterly financials and risk ratings within own portfolio and as needed across the team.
Qualifications
Required Qualifications:
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.
- Bachelor’s degree
- Strong analytical skills and attention to detail
- Possess strong knowledge of advanced finance and accounting.
- Strong written and verbal communication skills
- Competitive drive and high work ethic, self-starter, team-oriented
- Solid leadership and interpersonal skills
- Ability to work well in a fast-paced, team-oriented environment
- High level of adaptability and flexibility with strong organizational and time management skills
- Some understanding of business
- Advanced proficiency in Microsoft Excel and PowerPoint
Preferred Qualifications:
- Minimum GPA: 3.0
- 1 to 3 years of demonstrated work experience in finance or related field
