WCD Corporate and Leverage Finance Associate

Truist; Atlanta (GA); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401k plan

Paid time off

Paid holidays

Pension plan

Restricted stock units

Deferred compensation plan

Job summary

Truist is seeking a seasoned Credit Underwriter in Atlanta, GA to lead underwriting and portfolio management for mid-to-large credit opportunities. You will build financial models, perform due diligence, and monitor risk across client relationships.

Responsibilities include coordinating credit event processes, mentoring junior staff, and ensuring timely reviews. Licensed professionals with Series 79/63/SIE are preferred.

Qualifications

• Undergraduate degree required.
• 6 years of underwriting and portfolio management experience.
• Strong accounting, credit, financial modeling, structuring and underwriting knowledge.
• Excellent verbal and written communication, organizational, analytical, critical thinking and problem solving skills.
• Licenses: Series 79, Series 63, and SIE.

Responsibilities

• Manage and execute credit event processes within own portfolio and across the team, with due diligence and legal review support.
• Create and utilize analytical financial models, including projections, DCF, LBO, valuations and cash flow analysis.
• Research companies, industries and transactions to support client activities and risk mitigation strategies.
• Independently manage a smaller portfolio of participations and investment-grade clients with oversight.
• Ensure timely submission of annual reviews, underwritings and amendments for approval.
• Maintain active quarterly risk ratings within own portfolio and across the team.
• Lead projects for assigned practice groups and mentor junior staff.
• Assist Directors/VPs in underwriting and portfolio management of more complex transactions.
• Mentor Analysts and Summer Interns and participate in recruiting.

Skills

Underwriting

Portfolio management

Financial modeling

Credit analysis

Accounting

Verbal communication

Written communication

Analytical thinking

Critical thinking

Problem solving

Education

Undergraduate degree

Tools

Series 79

Series 63

SIE

Job description

The Credit Delivery teams underwrite credit products to new and existing clients and actively manage the existing portfolio in order to meet client needs while also ensuring appropriate risk/return strategies. The group underwrites lead and non-lead opportunities that span from investment grade to sponsor-owned, leveraged transactions and executes amendments, refinancings and ancillary credit product approvals. Responsible for ongoing client dialogue, including product partner opportunity identification where appropriate. Actively manages portfolio risk through risk rating integrity, annual client reviews, watchlist management, and amendments/waivers, as well as executing compliance, audit and regulatory guidelines and reviews. The group will also be responsible for early identification of emerging credit problems and industry trends in order to initiate risk mitigation actions and ensure appropriate capital allocation.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Manages, coordinates and executes credit event processes (underwritings, refinancings and/or amendments) within own portfolio and as needed across the team. Together with Director/VP level or Team Leader support, conducts due diligence, obtains credit approval and facilitates legal review for transactions.
2. Creates and utilizes analytical financial models, including financial projections, discounted cash flow analysis, leveraged buyout analysis, valuation analysis, and financial analysis of historical and projected cash flows.
3. Performs research and analysis on companies, industries and transactions in support of both client activities and risk mitigation strategies.
4. Begins to independently manage a smaller portfolio of clients with oversight from Team Leaders, primarily consisting of participations and investment-grade clients.
5. Achieves timely submission of annual reviews, underwritings and amendments to allow for sufficient review and decision by applicable approval authority.
6. Maintains active ownership and timely processing of quarterly risk ratings within own portfolio and as needed across the team.
7. Demonstrates leadership through the management of various projects and requests specific to assigned practice groups.
8. Associates will be expected to handle a smaller client load representing primarily participations and investment grade credits while supporting Director/VP level PMs in the underwriting and portfolio management of more complex transactions.
9. Consistently trains and mentors Analysts and Summer Interns, and is actively involved in recruiting.

Required Qualifications

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Undergraduate degree.
2. 6 years of experience in underwriting and portfolio management.
3. Strong understanding of accounting, credit, financial modeling, structuring and underwriting.
4. Strong verbal and written communication, organizational, analytical, critical thinking and problem solving skills.
5. Licenses: Series 79; Series 63; SIE.

Preferred Qualifications

1. Undergraduate degree with coursework in accounting or finance preferred.
2. Experience training and mentoring Analysts.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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