VP of Syndications

First National Bank; Pittsburgh (Allegheny County); On-site; USD 110,000 - 170,000; Full time

Job summary

F.N.B. Corporation in Pittsburgh seeks a Vice President of Syndications to originate, structure and distribute broadly-syndicated bank transactions for the Capital Markets team.

The role interfaces with relationship managers, credit administration and clients to build offering memoranda, pitchbooks and cash flow models. The incumbent will oversee due diligence, client engagement and the preparation of term sheets, while driving deal execution and market analysis.

Qualifications

• BA or BS degree required.
• 5 years of relevant experience required.
• Experience with syndicated finance preferred.

Responsibilities

• Coordinate with the MD and RM to review new opportunities and participate in sales calls.
• Lead due diligence and evaluate risk/return of financing transactions.
• Structure transactions and prepare term sheets and proposals.
• Develop relationships with participating banks and understand credit hurdles.
• Manage and assist in credit agreement negotiations.
• Oversee marketing materials and pitchbook revisions.
• Track market trends in syndicated loans.
• Maintain knowledge of external news/resources.
• Perform other duties as assigned.

Skills

Communication

Customer service

Organization

Detail-oriented

Multi-tasking

MS Office

Education

BA or BS

Tools

Thomson Reuters

Bloomberg

CapIQ

Job description

Primary Office Location: 626 Washington Place. Pittsburgh, Pennsylvania. 15219.

Join our team. Make a difference - for us and for your future.

Position Title: Vice President of Syndications

Business Unit: Commercial Banking

Reports to: Managing Director of Capital Markets

Position Overview:

The incumbent is responsible for originating, structuring and distributing broadly-syndicated bank transactions for the Capital Markets team. The incumbent will be responsible for overseeing the creation and building of offering memoranda, pitchbook presentations, and build cash flow models.The incumbent will have direct interaction with internal teams consisting of relationship managers and credit administration, as well as external contact with clients, prospects, layers, financial institutions and other service providers.

Primary Responsibilities:

• Coordinates with the Managing Director, syndicated finance originators, relationship managers and credit administration to review new business opportunities and participates in sales calls
• Leads deal team's due diligence efforts, with a deep understanding of financial model and cash flow assumptions and evaluates risk/return parameters of financing transactions
• Coordinates with the Managing Director and relationship teams (RM's and Credit) in the structuring of transactions, including the preparation of term sheets and proposals
• Develops relationships with participating banks and understands their credit appetite and return hurdles across industries
• Coordinates execution of the syndicated loan product, including: (1) managing deal execution activity of the junior team members; (2) preparing the Confidential Information Memorandum and Lender Presentations in conjunction with junior team members; (3) engaging with potential participating financial institutions; and (4) leading and assisting in credit agreement negotiations
• Oversees the compilation of marketing and research materials including: overview of current market conditions, comparable transaction analysis and syndication strategies
• Oversees pitchbook template revisions
• Tracks and follows trends in the syndicated loan market
• Develops deep working knowledge of external news and information resources
• Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

5

Skills Required to Perform the Primary Responsibilities of this Position:

• Excellent communication skills, both written and verbal
• Excellent customer service skills
• Excellent organizational, analytical and interpersonal skills
• Detail-oriented
• Ability to work and multi-task in a fast paced environment
• Expert experience in all MS Office products.Syndicated finance, credit training, and relevant work experience required.Experience with Thompson Reuters, Bloomberg, and CapIQ preferred.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

Valid Drivers License

Physical Requirements or Work Conditions Beyond Traditional Office Work:

Frequent driving (car, van, truck)

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.