Corporate Credit Structuring Associate

Dynamics Executive Search; New York (NY); On-site; USD 110,000 - 160,000; Full time

Job summary

Associates in Corporate Credit Structuring work with Coverage Bankers to originate, structure, and negotiate facilities for existing and prospective clients.

An Associate is expected to manage and monitor a sector credit portfolio, providing strategic direction in framing client opportunities and structuring transactions with a balanced focus on risk-return parameters, lead initiatives to drive client responsiveness and productivity.

Qualifications

• Undergraduate degree in Accounting, Business, Finance or Economics.
• Formalized credit training with 3–5 years credit experience and proficient modeling skills.

Responsibilities

• Identify customer opportunities and complete a business screening with Originations and Product Partners.
• Prepare capital allocation / profitability projections to assess the business case and secure internal support and approvals.
• Prepare credit applications on new transactions and renewals, outlining rationale, structure, terms, exposure management plan and related documentation.
• Coordinate/Manage compliance requirements (Conflict of Interest, Reputational Risk, KYC, etc.).
• Engage with Credit Risk counterparts to coordinate completion of credit assessment and approvals.

Skills

Strong quantitative background

Proficient modeling skills

Education

Undergraduate degree in Accounting, Business, Finance or Economics

Job description

Associates in Corporate Credit Structuring (”CCS”) work with Coverage Bankers to originate, structure, and negotiate facilities (including syndicated and bilateral loans, bridge, acquisition and structured financing across an IG, HY and Financial Sponsor client base as well as trade management solutions) for existing and prospective clients. An Associate is expected to manage and monitor a sector credit portfolio, providing strategic direction in framing client opportunities and structuring transactions with a balanced focus on risk-return parameters, lead initiatives to drive client responsiveness and productivity. Working closely with Coverage and other product and risk management partners around the globe, Banking Americas utilizes its expertise to deliver creative ideas and tailor-made solutions to clients.

PRINCIPAL DUTIES AND RESPONSIBILITIES

• Work closely with Banking Americas Originations and Product Partners to identify customer business opportunities and gather required information to complete a business screening process.
• Respond to various customer requests.
• Prepare capital allocation / profitability projection package to assess the business case and secure required internal support and approvals.
• Prepare credit applications on new transactions and renewals, outlining transaction rationale, structure, terms and conditions, exposure management plan, business strategy and relationship return analysis, and any other requested or required forms or information needed to complete a proper assessment of the transaction.

As part of credit application process, prepare:

• Front Sheets, Collateral and Guarantee Registrations, Facility Rating Simulations
• Coordinate/Manage all compliance requirements (Conflict of Interest, Reputational Risk, KYC, etc.)
• Ensure all related internal policies and procedures are followed, including sector/industry risk limits
• Work seamlessly with Credit Risk counterparts to coordinate completion of credit assessment, assisting with any required due diligence needed to finalize the credit opinion/approvals.
• Assist in financing structuring, underwriting transaction evaluation, preparation, due diligence and execution. Review and/or prepare legal documents in conjunction with in-house or outside counsel.
• Prepare, analyze and review transaction proposals, focusing on structure, terms and conditions and profitability
• Engage with Customer, Agent Bank, Bank Participants, Legal, Compliance and Operations to ensure seamless deal execution for the Client.
• Conduct in depth review of all legal documentation, in addition to commitment letters, NDAs, and LOIs, etc. (working with the Legal Department or Outside Counsel, as required)
• Engage Portfolio Management Team to optimize portfolio via risk mitigation measures (CDS, loan sales, CRI), assess appetite/returns and to monitor the portfolio

Qualifications:

• Undergraduate degree in Accounting, Business, Finance or Economics or strong quantitative background
• Formalized Credit Training from an accredited financial institution (minimum 3-5 years credit experience) and proficient modeling skills