Leveraged Finance - Underwriting, Associate
Company: First Citizens Bank
Location: New York
Posted on: May 16, 2022
Job Description:
Overview:CIT is now a division of First Citizens Bank. This role
will work with the Telecom, Media & Technology team participating
in the credit underwriting of diverse debt solutions for
middle-market companies. Specifically: (i) LBO Financing, (ii)
Acquisition Financing, (iii) Debt Refinancing, and (iv)
Recapitalizations-working with potential borrowers, private equity
teams, and other Lenders.Responsibilities:
- Engage in all aspects of a prospective loan transactions,
including due diligence, financial modeling, credit approval memo
preparation and presentation, legal documentation, deal closing
procedures and post-investment portfolio management on select
transactions
- Complete in-depth analysis of potential borrowers' business
models, identify key potential investment risks and analyze
financial trends to build projection models
- Participate in calls and meetings with potential corporate
borrowers, private equity sponsors and other market
participants
- Mentor junior analysts
- Perform other duties as assigned
- Ensure compliance with all CIT policies and procedures and
build a firm understanding of CIT systems and resources
- -80% of time dedicated to new deal origination; 20% (or less)
to portfolio managementQualifications:
- Bachelor's degree and at least 2 years of related leveraged
lending experience; TMT experience a plus
- Working knowledge of syndicated and leveraged finance
markets
- Experience working on financial sponsor transactions
- The completion of a formal credit training program is desired
but not required
- Demonstrated analytical and quantitative skills
- Excellent oral and written communications skills
- Time management skills to efficiently handle multiple tasks
with changing priorities
- Detailed knowledge of Microsoft Office Applications
- Strong attention to detail
- Ability to function independently and as part of a small deal
team
Keywords: First Citizens Bank, New York , Leveraged Finance - Underwriting, Associate, Accounting, Auditing , New York, New York
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