The Analyst III position in Leveraged Finance is a credit underwriting and portfolio management role focused on completing acquisition, recapitalization, and refinancing transactions for new and existing corporate and private equity owned customers of Citizens Bank. 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 underwriting new financing opportunities, which includes obtaining internal credit approval and managing the loan documentation and closing process. Analysts will be directly involved in completing underwriting due diligence, identifying key transaction risks and mitigating factors, and obtaining credit approval for proposed transactions. In addition, day-to-day activity will involve supporting senior team members with portfolio management responsibilities, including, but not limited to: Quarterly Portfolio Reviews, Asset Quality Reporting, Covenant Tracking, Financial Statement Analysis, and completion of various internal modeling tools.
The Analyst III position in Leveraged Finance is a generalist role based in Boston, MA.
Primary responsibilities include
Conducting industry research, preparing written summaries of industry issues, risks, opportunities, and the competitive environment, and communicating questions or observations
Strong knowledge and application of internal risk models and loan systems
Monitoring the receipt and accuracy of client reporting including financial statements and covenant compliance certificates and completing quarterly analysis and annual reviews
Participation in team meetings, Capital Markets calls, and broader Commercial Banking calls
Participation in deal screen presentations and credit approval meetings
Participation in client conference calls and client meetings
Networking within the team and the Commercial Bank
Completion of ad-hoc projects
Qualifications, Education, Certifications and/or Other Professional Credentials
2-3 years of Commercial Banking or Leveraged Lending experience preferred
Existing knowledge of the leveraged loan market and bank regulation and compliance
Advanced analytical, loan structuring, underwriting, documentation, credit, presentation, and organization skills
Strong credit acumen
High level of initiative and ability to work independently
Self-starter with professional maturity and natural intellectual curiosity
Strong work ethic and ability to multi-task effectively in a fast-paced environment
Excellent interpersonal and verbal/written communication skills
Solid technical skills and exceptional attention to detail
Strong project management and organizational skills
Resourceful team player who can work closely with others to complete projects under tight deadlines
Excellent modeling skills and ability to complete various enterprise valuation methodologies
Software skills: MS Office (Word, Excel, PowerPoint) proficiency and Credit Research Tools
Experience with Bloomberg, Capital IQ, public SEC filings, rating agency reports, and equity research reports for industry and comparable analysis is a plus
Bachelor’s degree in Business, Finance, Accounting, or Economics
Hours & Work Schedule
Pay Transparency
The salary range for this position is $110,000 - $115,000, per year plus an opportunity to earn additional incentive earnings. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.
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