Fifth Third Bank Associate, Leveraged Finance Group in CINCINNATI, Ohio
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.
We employ about 18,000 people, and what we offer is:
# A chance for employees to build their future, with supportive career development and financial wellness programs.
# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.
# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
Fifth Third Bank's Wholesale division offers banking, cash management, and financial services to large and middle market businesses, government, and specialized industries. In addition to traditional lending and depository offerings, our commercial products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, commercial leasing, and syndicated finance. We are a team of professionals focused on delivering innovative and client-specific solutions that leverage the Bank's expertise in treasury management, capital markets, and international products and services. Our sales process drives the delivery of financial solutions through a relationship team consisting of subject-matter experts who ensure all aspects of our client's needs are assessed and met.
The Leveraged Finance Group structures and underwrites bank debt supporting acquisition, recapitalization and refinancing transactions for public/private companies, often involving financial sponsors. The transactions include bilateral commitments,prorata bank executions and large syndicated transactions. The Leveraged Finance Group works closely with the Financial Sponsors Group, Debt Capital Markets, Leveraged Finance Credit Risk, Industry Verticals and middle market teams.
A Leveraged Finance Associate performs a wide range of responsibilities including complex financial analysis, financial modeling, transaction due diligence, and preparation of screening memos and approval documents in support of the underwritingandexecution of senior debt transactions. The Associate will support the Leveraged Finance deal team by synthesizing large amounts of information to help senior members of the deal team analyze the risk/reward of a transaction. The Associate exhibitsastrong work ethic, is capable of working under tight deadlines and is proactive in assuming additional responsibilities. Demonstrates knowledge of the leveraged finance market and is able to support multiple concurrent complex transactions.Providesoversight and training of Leveraged Finance Analysts to ensure production of a high quality work product.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating
concerns, and personally following policies and procedures as defined. Accountable for always
doing the right thing for customers and colleagues, and ensures that actions and behaviors drive
a positive customer experience. While operating within the Bank's risk appetite, achieves results
by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Essential Duties & Responsibilities
. Perform detailed due diligence on companies, industries, management teams, and other relevant information
. Build detailed financial projection models to analyze capital structures, performance trends and credit metrics
. Prepare succinct underwriting memorandums, including company and industry descriptions, key credit risks, historical analysis, base and downside case projection assumptions/rationale and terms and conditions
. Establish strong working partnerships and routines with key internal partners including the Financial Sponsors Group, Debt Capital Markets, Leveraged Finance Credit Risk, Industry Verticals and middle market teams
. Manage multiple transactions/projects and communicate effectively with deal team members, including assisting Analysts with prioritization
. Gain familiarity with legal documentation involved in underwriting leveraged loans
. Demonstrate proficiency with credit policies and procedures
. Interact with important constituencies to execute and close loan transactions
. Ability to excel in both team and self-directed settings
. Assist senior team members with ad hoc projects
Supervisory Responsibilities: None
Minimum Knowledge & Skills Required
. 3+ years Leveraged Finance, Private Equity, Investment Banking or related financial services
. Bachelor's degree required (MBA or CFA a plus), ideally with concentration in Business, Finance or Accounting
. Excellent communication skills, both oral and written
. Strong analytical, financial modeling and Microsoft Excel skills
. Exhibits attention to detail and ability to work well under pressure with tight deadlines
. Knowledge of private equity, capital markets, merger and acquisition structures
All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform thejobproficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subjecttoreasonable accommodation.
Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.