Managing Director - Leveraged Finance Execution Team Lead

Huntington National Bank•Chicago, IL

2d•Onsite

About The Position

Description Summary: The Managing Director - Leveraged Finance Execution, in conjunction with Huntington’s Capital Markets, Investment Banking and Sponsor Coverage, evaluates credit opportunities, mitigates associated risks, structures, and underwrites financial sponsor and leveraged finance transactions for Huntington’s private equity and corporate clients across multiple specialty industry and client coverage groups, delivering the Bank’s balance sheet capital commitments in support of these transactions. Duties and Responsibilities: Help the Head of Leveraged Finance Execution to build and manage the team, assist in setting policy and strategy, oversee workflow and develop/mentor team members. Serve in player/coach role on the team, advising on and assisting in the execution of deals when appropriate. Oversee the junior team members' execution of sponsor and leveraged financing transactions, including managing time critical due diligence and underwriting activities for sophisticated clients. Activities include deal screening and structuring, credit approvals, negotiating credit agreement and other legal documentation, as well as assisting Capital Markets as needed for loan syndication and distribution. Partner with the Capital Markets, Sponsor Coverage, and Investment Banking teams as well a relevant product groups to deliver competitive financing solutions as well as assist in idea generation and other value-added services to our clients and private equity relationships. Coordinate with the Head of Leveraged Finance Execution Team, Credit Officer for Leveraged Lending, Regional Credit Officers, Capital Markets, Sponsor Coverage, and Investment Banking to ensure proper identification and mitigation of market and credit risk for those transactions, protecting the Bank from credit loss. Utilize knowledge of syndicated loan market and general capital market trends, in providing training and, on as needed basis, front end guidance to less experienced colleagues Cultivate and maintain strong working relationships with the bankers, credit team, internal credit review, and external regulatory bodies to appropriately manage risk, including internal and external reporting requirements for sponsor and leveraged lending. Stay current on market developments and sponsor financing structures and terms to ensure competitive positioning of Huntington in the market. Performs other duties as assigned.

Requirements

Bachelor’s Degree
Minimum of 15 years professional experience in Leveraged Finance, including a comprehensive understanding of leveraged finance markets and trends, financial analysis, risk evaluation, and the legal and regulatory landscape
Leveraged deal underwriting and execution experience, with an expertise in senior bank financing along with a working knowledge of other financing & capital structure alternatives such as 2nd lien, subordinated, unitranche, and high yield debt.
Solid analytical and judgment skills, along with deep experience evaluating and mitigating credit risk.
Adept at understanding and negotiating complex credit agreements and other legal documentation in coordination with internal legal team, external counsel, and financial sponsors.
Employs a highly collaborative one-team approach, with proven ability to work across lines of business and product groups to deliver competitive solutions.

Nice To Haves

CFA or MBA
Diverse industry financing experience

Responsibilities

Help the Head of Leveraged Finance Execution to build and manage the team, assist in setting policy and strategy, oversee workflow and develop/mentor team members.
Serve in player/coach role on the team, advising on and assisting in the execution of deals when appropriate.
Oversee the junior team members' execution of sponsor and leveraged financing transactions, including managing time critical due diligence and underwriting activities for sophisticated clients.
Activities include deal screening and structuring, credit approvals, negotiating credit agreement and other legal documentation, as well as assisting Capital Markets as needed for loan syndication and distribution.
Partner with the Capital Markets, Sponsor Coverage, and Investment Banking teams as well a relevant product groups to deliver competitive financing solutions as well as assist in idea generation and other value-added services to our clients and private equity relationships.
Coordinate with the Head of Leveraged Finance Execution Team, Credit Officer for Leveraged Lending, Regional Credit Officers, Capital Markets, Sponsor Coverage, and Investment Banking to ensure proper identification and mitigation of market and credit risk for those transactions, protecting the Bank from credit loss.
Utilize knowledge of syndicated loan market and general capital market trends, in providing training and, on as needed basis, front end guidance to less experienced colleagues
Cultivate and maintain strong working relationships with the bankers, credit team, internal credit review, and external regulatory bodies to appropriately manage risk, including internal and external reporting requirements for sponsor and leveraged lending.
Stay current on market developments and sponsor financing structures and terms to ensure competitive positioning of Huntington in the market.
Performs other duties as assigned.