Associate - Leveraged Finance Execution (HCA)

Huntington National Bank•Boston, MA

1d•$63,000 - $124,000•Hybrid

About The Position

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. 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.

Requirements

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

Nice To Haves

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
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)

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.