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VP1 - Sponsored Finance

  • Job type: Permanent
  • Job reference: : BBBH147421
  • Location: USA, Massachusetts, Boston
  • Sector: Finance, Private Equity Investments & Asset Management, Utilities
  • Salary: Negotiable
  • Date posted: 13/05/2019
This vacancy has now expired.

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

Reporting/Portfolio Management:

  • 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.

External Responsibilities:

  • participation on calls with sponsors and portfolio companies. Takes notes on material updates and opportunities

Spencer Ogden is acting as an Employment Agency in relation to this vacancy.