Vice President Financial Sponsors Credit Underwriting

Texas Capital Bank

About The Position

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success — today and tomorrow. While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships. Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO). Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com. Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big banks at a scale that makes sense for our clients, with highly experienced bankers who truly invest in people's success — today and tomorrow. While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long lasting relationships. Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named the #1 most trusted bank in the country on Newsweek's inaugural list of America's Most Trusted Companies

Requirements

Bachelor's degree with coursework in Finance, Accounting, Economics, or a related field (MBA, JD or CFA a plus)
Formal credit training and 5+ years of experience in loan syndications, leveraged finance, sponsor finance, credit underwriting, or corporate banking
Strong understanding of leveraged lending, super-priority structures, credit agreements, and market terms
Proven ability to independently underwrite and execute complex financing transactions
Experience presenting to senior management or credit committees
Advanced financial modeling and analytical skills
Excellent written and verbal communication skills
Strong execution skills in time-sensitive, competitive processes
Collaborative approach across banking, risk, and capital markets teams

Nice To Haves

MBA, JD or CFA a plus

Responsibilities

Lead comprehensive credit underwriting for financing of sponsor-backed transactions, including leveraged buyouts, recapitalizations, refinancings, add-on acquisitions, and growth financings
Perform in-depth, insightful analyses of business risks, industry dynamics, financial performance, historical and projected cash flow, leverage, liquidity, and covenant capacity
Draft and present detailed credit approval memoranda to senior management and credit officers
Recommend appropriate structures, covenants, pricing, and hold levels consistent with the bank's risk appetite and applicable precedent
Partner with corporate or middle market banking, sponsor coverage, and capital markets teams to execute transactions from mandate through closing
Negotiate credit terms, documentation provisions, and structural protections with sponsors and their advisors
Coordinate internal approvals, legal documentation, and closing processes to ensure timely execution in fast-paced, competitive deal environments
Serve as a key counterpart to private equity sponsors, maintaining a consistent and thoughtful underwriting approach
Provide market insight and constructive feedback on proposed structures and terms
Collaborate with portfolio management, risk, and coverage teams to support ongoing relationship management
Participate in portfolio company and sponsor meetings and internal deal discussions as a credit and transaction subject-matter expert
Lead a team of Analysts & Associates, with responsibility for deal staffing, prioritization and performance oversight while providing ongoing training and real-time feedback