WCD Corporate and Leverage Finance Associate 1

Truist Financial Corporation; Atlanta (GA); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Medical benefits

401k plan

Vacation & sick days

Pension plan

Job summary

Truist Financial Corporation is seeking an experienced professional to join the Credit Delivery team. The role focuses on underwriting, portfolio management, and risk-aware decision-making across complex transactions.

You will collaborate with directors, VPs, and teams to advance client opportunities and ensure compliance with regulatory guidelines. The position requires an undergraduate degree, 3 years of underwriting experience, and professional licenses (Series 79, Series 63, SIE).

Qualifications

• Undergraduate degree required.
• 3 years of underwriting and portfolio management experience.
• Strong accounting, credit, financial modeling and underwriting knowledge.
• Strong verbal/written communication and analytical skills.
• Licenses: Series 79; Series 63; SIE.

Responsibilities

• Manage and execute credit event processes within your portfolio and across the team.
• Create and utilize analytical financial models including DCF, LBO, and valuation analyses.
• Research companies, industries, and deals to support client activity and risk mitigation.
• Independently manage a smaller client portfolio with oversight from leaders.
• Ensure timely submission of annual reviews, underwritings, and amendments for approval.

Skills

Underwriting

Portfolio management

Financial modeling

Risk analysis

Communication

Education

Undergraduate degree

Job description

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

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

• 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.
• 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.
• Performs research and analysis on companies, industries and transactions in support of both client activities and risk mitigation strategies.
• Begins to independently manage a smaller portfolio of clients with oversight from Team Leaders, primarily consisting of participations and investment-grade clients.
• Achieves timely submission of annual reviews, underwritings and amendments to allow for sufficient review and decision by applicable approval authority.
• Maintains active ownership and timely processing of quarterly risk ratings within own portfolio and as needed across the team.
• Demonstrates leadership through the management of various projects and requests specific to assigned practice groups.
• 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.
• Consistently trains and mentors Analysts and Summer Interns, and is actively involved in recruiting.

Required Qualifications

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

Preferred Qualifications

• Undergraduate degree with coursework in accounting or finance preferred.
• 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.EEO is the Law E-Verify IER Right to Work