AVP​/VP Senior Sponsor Finance Underwriter

Senior O2 Sponsor Finance Underwriter / PM

This Senior O2 Sponsor Finance Underwriter/PM analyzes prospect and customer financial information and underwrites sponsor finance LBO's, recapitalizations & refinance opportunities. This individual models financial data, assigns and defends risk ratings, reviews and analyzes quality of earnings reports, field exams, participates in preparation and resolution of exception reports, and complies with company and regulatory lending guidelines.

This Senior O2 Sponsor Finance Underwriter performs at the highest levels of productivity, independently and efficiently analyzing the most complex and involved credits, and resolving problems independently.

• Models and analyzes financial information in collaboration with O2 Sponsor Finance relationship managers and loan and collateral operations, working independently to complete assignments.
• Underwrites and analyzes funded private equity firms, independent sponsors, wealthy family offices, and mezzanine providers.
• Efficiently and accurately analyzes and assigns loan ratings to existing and prospective credits; prepares and presents monthly portfolio reviews and overall portfolio reporting, and analyzes base case and downside 5‑year borrower projections.
• Prepares, reviews, and works on monthly exception reports of all types.
• Serves as department resource regarding bank policies and external regulatory requirements that pertain to lending.
• Proactively partners with O2 Sponsor Finance RM's to conduct joint prospect/customer calls to develop credit and sales skills and/or serve in a leadership role to help develop and educate less experienced PM's and Associates; travels typically once every other week.
• Partner with RM's to discuss and review complex credits and make financial and covenant recommendations as appropriate.
• Collaborates with lenders as necessary on preparation of customer loan presentations.
• Prepares summary pre‑flight write‑ups, includes preparation of Quick Models and fully underwritten credit committee presentations.
• Participates in special projects as required, including monthly portfolio reporting, annual budgeting, overall summary PowerPoint on O2 Sponsor Finance, industry competitive information gathering, industry research, etc.

• AVP level:
  Bachelor's degree in Accounting, Finance, Business or related field and at least 3 years of related experience (commercial banking, finance, credit, etc.) or equivalent combination of education and experience.
• VP level:
  Bachelor's degree in Accounting, Finance, Business or related field and at least 5 years of related experience (commercial banking, finance, credit, etc.) or equivalent combination of education and experience.

• Strong understanding of cash flow lending including analysis of debt service, leverage, and balance sheet; understanding and analysis of borrower’s enterprise value.
• Proficient in Microsoft Office (Word/Excel/Outlook), PDF, various pricing models, Pitchbook and GF data; learn Solifi/Stucky loan and collateral system.
• General banking credit/debit knowledge including competency with bank treasury systems and products.
• Excellent communication skills (verbal, written).
• Demonstrated analytical and problem‑solving skills.
• Time management and ability to work within a fast‑paced environment.

• Five years or more of related experience in credit/commercial banking (strongly preferred).
• Completion of formal bank credit training program (strongly preferred).
• Experience working within a change management environment.
• Three or more years of Sponsor Finance cash flow lending experience.

This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote (Fridays) and onsite work (Monday-Thursday) to perform the regular responsibilities of the role. Actual schedule requirements may vary depending on business needs. Onsite work is performed at the Chicago‑Wacker location.

Note:

Job levels and hiring decisions are based upon both the business needs at the department and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements of a VP level role but may be hired in at a lower level based upon department needs and staffing dynamics.

Base pay

AVP Level: $87,500 – $115,000

VP Level: $95,800 – $128,000

Officer Bonus Incentives

Eligible to participate in the annual Sponsor Finance Incentive Pool Program.

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits:
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