Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.
Job ID/ Req. Number 428426
The Analyst I position in Leveraged Finance is acredit underwriting and portfolio management role focused on completing acquisition, recapitalization, restructurings, leveraged buyouts and refinancing transactions for new and existing customers of Citizens. The position requires constant interaction with internal colleagues from Commercial Banking, Credit Risk Management, and Capital Markets. The candidate will be working as part of a deal team on financing opportunities including client pitches, structuring, underwriting, internal credit approval, and the documentation and closing process. Day to day activity will involve supporting Sr. Portfolio Managers with portfolio management including, but not limited to: Quarterly Portfolio Reviews, Asset Quality Reporting, Covenant Tracking, Financial Statement Analysis and Completion of various internal modeling tools.
Daily responsibilities include:
Initial transaction due diligence, credit research, comparable debt and enterprise value analysis
Existing and new client pitches and presentation
Preparation of pre-screens and final credit approvals for new and proposed financing opportunities
Financial statement spreading
Maintaining strong portfolio management processes
Loan closing and funding, and attending customer meetings
We are looking for Analysts with leveraged finance skills and prior experience underwriting Lead Arranger, Sole Bank, Club transactions, Participant transactions. Analysts will be directly involved in establishing and performing underwriting due diligence, identifying key transaction risks and mitigating factors, and obtaining credit approval for proposed transactions. The Analyst II position in Leveraged Finance is a generalist role.
Bachelor’s Degree in Business, Finance, Accounting, Economics, or equivalent work experience.
1+ years experience in underwriting in leveraged finance at a commercial or investment bank.
Experience in Healthcare and Technology, Communications, and Media a plus.
Experience underwriting middle market sponsored and unsponsored leveraged transactions.
Experience with financial analysis, financial modeling, research, Capital IQ, public SEC filings, rating agency reports, and equity research reports for industry and comparable analysis.
Skills / Knowledge:
Existing knowledge of leveraged loan market.
Advanced analytical, loan structuring, underwriting, documentation, credit, presentation, and organization skills.
Strong PC Proficiency, Microsoft Office applications, and Credit Research Tools.
Excellent verbal and written communication skills
strong credit acumen
Excellent projection modeling skills
Experience contributing to client pitches and managing expectations
Due diligence analysis
Understanding of bank regulation and compliance
Ability to work well with internal and external clients
High level of initiative and capability to work independently on financings and other responsibilities.