Associate - Leveraged Finance Execution; HCA

Position: Associate - Leveraged Finance Execution (HCA)
Description

The Associate - Leveraged Finance Execution, is responsible for providing underwriting and execution support to senior deal team members on leveraged finance transactions pertaining to M&A, LBOs, recapitalization, etc. The Associate may also serve as a lead on select transactions under guidance from the Vice President, Associate Director, Director and/or Managing Director. Additionally, the Associate is responsible for training, managing, and monitoring work product of Analysts.

This position includes all aspects of the leveraged finance execution process such as performing due diligence and preparing internal credit approval documents.

Additionally, as part of the Huntington Capital Advisors (HCA) sub-team, this role will focus on executing transactions for privately held businesses, including founder-owned, family office-owned, and small-cap sponsor-backed companies. Typical client needs include strategic capital solutions such as shareholder lifecycle planning, inorganic growth initiatives, value creation strategies, monetization events, capital raises, and recapitalizations. Target companies generally have EBITDA of $10 million or greater.

Duties and Responsibilities:

+ Execute leveraged finance transactions (including senior secured debt, TLBs, high-yield bonds, mezzanine, etc.), present complex deals, companies, and related financial information.

+ Work under critical time constraints, perform highly detailed and accurate work on multiple, concurrent tasks.

+ Spearhead the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls.

+ Perform due diligence, synthesize information, and interpret for the applicable audience.

+ Prepare and/or review screening memos and credit approval documents; prepare and/or review financial models.

+ Organize and manage the closing process on new leveraged finance transactions.

+ Interact with multiple stakeholders including senior Leveraged Finance members, portfolio managers, credit officers, capital markets professionals, company management, as well as legal counsel and operations personnel.

+ Accountable for quality and timeliness of self and analyst's work       

+ Manage analysts' time and seek opportunities to contribute to senior bankers during down time.

+ Performs other duties as assigned.

Basic Qualifications:

+ Bachelor's degree

+ Minimum of 2-3 years professional experience in corporate finance, financial planning & analysis, investment banking, or other related fields.

Preferred Qualifications:

+ Bachelor's Degree in Accounting or Finance.

+ Superior written and verbal communication skills.

+ Strong analytical skills and proficiency with financial statement modeling.

+ Experience underwriting middle market cash flow transactions.

+ Ability to work in a fast-paced environment with limited supervision.

+ Desire to evolve, seek out construction criticism, and continue to develop oneself.

+ A high level of verbal and written communication skills to effectively convey credit worthiness and recommendations.

+ Thorough knowledge of various software programs including Word and Excel, and the ability to quickly learn additional systems/software.

+ Strong customer service orientation

+ Pride in work products / ownership over meeting and exceeding work quality and idea generation expectations

+ Strong business writing through concise, clear, and direct transfer of ideas and information

+ Situationally appropriate interpersonal communication and behavior (both internally and externally)

+ CFA or MBA

+ Completion of formalized credit training program

+ Knowledge of leveraged finance transactions and structures (including senior secured debt, TLBs, high-yield bonds, mezzanine

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Exempt Status: (Yes    = not eligible for overtime pay) (No   = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to  Office  Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

$63,000- $124,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.  Colleagues in this…