WCD Corporate and Leverage Finance Vice President

Truist; Georgia; On-site; USD 120,000 - 230,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Job summary

Truist is seeking an experienced banking professional for a senior underwriting role in Georgia. The position focuses on managing a portfolio, performing in-depth credit analyses, and coordinating with product partners to structure financing solutions.

The role requires an undergraduate degree, 5+ years in underwriting and credit decision making for corporate and investment banking clients, and licenses including Series 79, Series 63, and SIE.

Qualifications

• Undergraduate degree required.
• 5 years of experience in underwriting, portfolio management, and credit decision making for corporate and investment banking clients.
• Strong understanding of accounting, credit, structuring, underwriting and legal documentation.

Responsibilities

• Strong partner to Coverage Bankers, Risk Managers and other Product Partners, effectively manages client interaction and maintains ongoing dialogue.
• Executes high quality underwritings, refinancings and amendments with extensive due diligence and appropriate risk acceptance criteria.
• Provides independent analysis of financial statements, valuations, projections, industry dynamics and risks.
• Manages a large portfolio and ensures timely completion of annual reviews, renewals and waivers.
• Maintains knowledge of each client, industry, and competitive environment.
• Produces recommendations for active portfolio management to minimize credit losses and manage watchlist clients.
• Negotiates and coordinates legal documentation related to credit events with internal/external counsel.
• Lead clients may be more complex; mentors Associates, Analysts and Summer Interns.
• Deliver solid credit analyses and risk ratings with clear communication.

Skills

Underwriting experience

Credit analysis

Communication

Analytical thinking

Education

Undergraduate degree

Tools

Series 79

Series 63

SIE

Job description

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Strong partner to Coverage Bankers, Risk Managers and other Product Partners, effectively manages client interaction, maintains ongoing client dialogue and introduces Product Partners where appropriate.


2. Executes high quality underwritings, refinancings and amendments, including extensive due diligence, recommendations around structure, pricing and capital allocation, and application of credit policy in order to develop solutions that meet client needs while maintaining appropriate risk acceptance criteria.


3. Provides an independent, in-depth analysis of financial statements, valuation, projections including stress tests, industry and competitive dynamics, business plans and key risks and mitigants.


4. Manages a large portfolio of clients and owns the overall quality and on-time completion of all annual reviews, renewals, amendments/waivers, ancillary credit product approvals and quarterly risk ratings.


5. Maintains knowledge mastery of each client, the industry in which it operates and the competitive environment within that industry.


6. Produces proactive recommendations around active portfolio management solutions in order to minimize credit losses, and effectively manages and presents watchlist clients.


7. Effectively negotiates and ensures that legal documentation related to credit events incorporates terms and conditions as approved in strict accordance with all elements reflected in credit package/closing memo. Effectively coordinates and communicates with internal/external counsel.


8. Vice Presidents will be assigned a large portfolio which typically includes some more complex names (lead clients, leveraged profiles, high touch or sensitive relationships, more challenging sectors).


9. Actively involved in the recruiting, training, and mentoring of Associates, Analysts and Summer Interns.


10. Must deliver solid credit analyses and risk rating recommendations, demonstrate a high level of critical thinking skills, maintain both attention to detail and an understanding of the big picture, and communicate effectively both internally and externally.

Required Qualifications

1. Undergraduate degree.


2. 5 years of experience in underwriting, portfolio management, and credit decision making for corporate and investment banking clients.


3. Strong understanding of accounting, credit, structuring, underwriting and legal documentation.


4. Excellent 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. Expertise within a specific and relevant industry or geography.

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.

About Truist Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.