Associate/Associate Director – Leveraged Finance, Portfolio Team recruitment
Essential Responsibilities
• Monitor and assess the performance and attendant risks of allocated accounts, including:
o Analyse client management accounts and annual financial statements.
o Develop, produce and prepare comparative financial models.
o Review legal documentation and anticipate deal specific events governed under the agreements
o Attend bank presentations and build relationships with company senior management and other syndicate members.
o Carry out industry and company research.
• Prepare and present monthly/quarterly account reviews, industry analyses and internal reports.
• Review waiver and amendment requests and escalate recommendations with supporting credit documentation to senior management; while managing customer expectations appropriately.
• Identify and recommend opportunities to generate additional business from within the portfolio, including: a change in investment amount through the secondary market, refinancing, and/or cross-selling opportunities with other GE businesses.
• Support the underwrite team in the refinancing credit process through the preparation of credit approval reports and financial models, and the negotiation of legal documentation.
• Actively support the special assets team in the financial restructuring of existing watch-list credits:
o Negotiate with customer, sponsor, syndicate banks and other stakeholders and participate on steering committee panels.
o Review due diligence and liaise with third party advisors
o Prepare credit approval reports..
• Liaise with finance/operations departments regarding expected repayments, restructurings, fees and other documentation changes that affect Bank income to ensure an efficient back-office function and accurate forecasting process.
• Ensure completeness of credit files and other deal documentation.
Support project team in analysing risk attributable to the wider Bank portfolio and lead specific risk based projects where required.
Requirements/Qualifications
• BS/BA degree from a Tier-1 university
• Fluency in English language
• Experience in financial industry
• Strong technical skills in accounting, financial analysis and modelling
• Demonstrated excellence in risk analysis, with ability to communicate recommendations both in written format and orally
Desired Characteristics
• Relevant business/financial qualifications (MBA / CFA)
• Fluency in another major European language (French, German, Spanish and Italian preferred).
• Sound understanding of banking industry, financial services regulation, bank capital structures and public market valuations
• Prior corporate lending deal experience and credit skills
• Restructuring or work-out experience
Please note there are openings at both Associate Director and Associate level in the Portfolio team.