Your primary responsibilities will include underwriting and executing new transactions with a secondary focus on sponsor coverage and portfolio management. The Associate should exhibit the aptitude to eventually lead all aspects of the transaction execution process. Main duties will include * Support deal team in business/industry/financial due diligence and develop detailed financial models. * Prepare credit memoranda for credit committee. * Coordinate with capital markets partners to syndicate transactions. * Engage in deal documentation, including terms sheets and credit agreements. * Monitor financial performance and covenant compliance for portfolio companies. * Support Managing Directors in coverage of private equity clients.
Underwriting; Process Management
Debt process management - manage leveraged transactions processes from new opportunity introduction from Director/MD to closing.
Due diligence - review target company and sponsor provided materials including historical financials, management presentations, CIMs, etc. Review 3rd party materials including Quality of Earnings Reports (75-80 pages). Assist associates with generating diligence request lists to cover questions arising from review of materials while identifying gaps in provided information.
Credit Memorandums - create credit memorandums to drive credit approval for new opportunities.
Financial Modeling - review financial models from associates to ensure accuracy with financial sponsor projections.
Present new opportunities to loan committee
Prepare loan packages for approvals including utilization of existing bank systems
Utilizes analysis and independent judgment to generate recommendation to Director/MD
act as primary liaison for portfolio companies
coordinate with the appropriate internal personnel for banking product opportunities.
- work with associates to ensure timely and accurate reporting from portfolio companies.
manage any amendment/M&A processes for portfolio companies.
researches and analyzes information as directed, including updating and maintaining portfolio analytics and credit statistics.
Spencer Ogden is acting as an Employment Agency in relation to this vacancy.