WCD Corporate and Leverage Finance Vice President

Truist; Houston (TX); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid holidays

Job summary

Truist is seeking an experienced credit professional in Houston to lead underwriting, portfolio management, and credit decisions for a diverse corporate client base. You will manage risk, conduct in-depth financial analyses, and coordinate with product partners to structure solutions that meet client needs.

The role emphasizes strong analytical thinking, communication, and mentoring junior staff, with responsibility for large, high-complexity portfolios and annual client reviews.

Qualifications

• Undergraduate degree.
• 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.
• Excellent verbal and written communication, organizational, analytical, critical thinking and problem solving skills.
• Licenses: Series 79; Series 63; SIE.

Responsibilities

• 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.
• 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.
• 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.
• 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.
• Maintains knowledge mastery of each client, the industry in which it operates and the competitive environment within that industry.
• Produces proactive recommendations around active portfolio management solutions in order to minimize credit losses, and effectively manages and presents watchlist clients.
• 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.
• 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).
• Actively involved in the recruiting, training, and mentoring of Associates, Analysts and Summer Interns.
• 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.

Skills

Credit analysis

Financial analysis

Attention to detail

Communication skills

Problem solving

Education

Undergraduate degree

Tools

Series 79

Series 63

SIE

Job description

Need Help?

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)

Please review the following 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

• 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.
• 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.
• 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.
• 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.
• Maintains knowledge mastery of each client, the industry in which it operates and the competitive environment within that industry.
• Produces proactive recommendations around active portfolio management solutions in order to minimize credit losses, and effectively manages and presents watchlist clients.
• 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.
• 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).
• Actively involved in the recruiting, training, and mentoring of Associates, Analysts and Summer Interns.
• 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

• Undergraduate degree.
• 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.
• Excellent 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.
• 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