Associate - Wholesale Credit Delivery - Commercial Corporate Finance

Job Title

The Commercial Corporate Finance Credit Delivery group ("Group") supports and facilitates new revenue growth through integrated origination and execution of capital structure alternatives and traditional banking revenue products. The Group structures, underwrites, and closes complex and often leveraged debt transactions for new and existing clients and private equity firms in Commercial Banking, driving, directing the process and activities necessary to obtain Truist's balance sheet commitment as well as support syndicated risk decisions. Financing transactions include lead and non-lead opportunities that include private, family-owned transactions as well as sponsor-owned, leveraged transactions. The Group also actively manages the related loan portfolio to meet client needs while also ensuring appropriate risk/return strategies 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, client reviews, watchlist management, and amendments/waivers, as well as executing compliance, audit and regulatory guidelines and reviews. The group is also responsible for early identification of emerging credit problems and industry trends to initiate risk mitigation actions and ensure appropriate capital allocation.

Group members often have significant leveraged lending experience, capital structure knowledge, and legal and documentation expertise. They are expected to demonstrate strong negotiation and persuasion skills during their interactions externally with C-level corporate management and private equity clients, and internally with partners.

Essential Duties And Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Reporting to one of the Group Team Leads, supports senior teammates and deal teams, manages, coordinates, and executes credit event processes (underwritings, refinancings and/or amendments), as part of deal teams. Together with teammates, conducts due diligence, obtains credit approval and facilitates legal review for transactions. Develops or coordinates development of complex financial models and provides analytical support including analyzing financial statements and projections
• Fluent in Microsoft Office (Word, Excel and Powerpoint); ability to navigate Truist's systems and applications.
• Develop a working knowledge of Truist products and demonstrates superior technical skills.
• Responsible for analysis and underwriting related to transactions, amendments, modifications and other credit products for new and existing clients as part of deal teams.
• Works closely with teammates in the preparation of on-time and high-quality annual client reviews, renewals, and amendments. Experienced teammates may be responsible for completing entire annual reviews on assigned clients.
• 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.
• Meaningfully contributes to the creation and writing of credit product approval documents and presentations.
• Supports senior teammates in management of the portfolio with responsibilities including financial statement spreads, covenant compliance analysis and others as directed.
• Independently manages a smaller portfolio of clients with oversight from Team Leaders.
• 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.
• Effectively works with partners and teammates with little oversight. Demonstrates leadership through the management of various projects and requests specific to assigned practice groups.
• Works closely with teammates in the preparation of on-time and high-quality annual client reviews, renewals, and amendments. Experienced teammates may be responsible for completing entire annual reviews on assigned clients.
• Maintains active ownership and timely processing of quarterly financials and risk ratings within own portfolio and as needed across the team.
• Takes ownership of basic client follow up activities, as appropriate and directed.
• Consistently trains and mentors Analysts; reviews initial work product of Analysts.

Required Qualifications

• Bachelor's degree in Finance, Accounting, Economics or Business, or an equivalent combination of education and work experience.
• 2-3 years of Commercial Banking, Commercial Real Estate, or Wealth Specialty business experience.
• Excellent verbal and written communication skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Strong analytical and problem-solving skills.
• Knowledge of commercial real estate credit delivery principles.
• Ability to handle multiple priorities under time constraints.
• Demonstrated success working in a collaborative team environment.

Preferred Qualifications

• Master's in Commercial Banking or Real Estate or combined Commercial Banking/Commercial Real Estate experience through internships or other experiences; or an equivalent combination of educational and experience or other related advanced degree.
• 2 years of experience in a Commercial Banking or Commercial Real Estate Associate Development Program and/or equivalent experience in a Credit Delivery role.