Truist Financial - Atlanta, GA

posted 5 months ago

Part-time,Full-time - Entry Level
Atlanta, GA
Credit Intermediation and Related Activities

About the position

The Commercial Corporate Finance Credit Delivery group at Truist is responsible for structuring, underwriting, and closing leveraged debt transactions for clients and private equity firms within the Commercial Banking sector. This role is pivotal in driving and directing the processes necessary to secure Truist's credit commitment approvals. The group also includes a Specialized Cash Flow team that focuses on regional credits and participations, ensuring comprehensive support for day-to-day portfolio management. This includes responsibilities such as financial statement analysis, monitoring financial trends, conducting annual client reviews, and performing covenant compliance analysis, as well as risk rating and underwriting exceptions analysis. In this position, the analyst will report to one of the Group Team Leads and will support senior teammates and deal teams in developing complex financial models and providing analytical support. This includes analyzing financial statements and projections, participating in credit underwriting, structuring, and preparing presentations. The analyst will be expected to create and utilize various analytical financial models, including financial projections, discounted cash flow analysis, leveraged buyout analysis, and valuation analysis, to assess historical and projected cash flows. Additionally, the analyst will perform research and analysis on companies, industries, and transactions to support client activities and risk mitigation strategies. The role requires close collaboration with teammates to ensure timely and high-quality annual client reviews, renewals, and amendments. Analysts may be responsible for completing entire annual reviews for assigned clients, maintaining active ownership of quarterly financials, and managing risk ratings within their portfolio and across the team as needed.

Responsibilities

  • Support senior teammates and deal teams in developing complex financial models and providing analytical support.
  • Analyze financial statements and projections, and participate in credit underwriting and structuring.
  • Create credit product approval documents and presentations.
  • Utilize analytical financial models, including financial projections and discounted cash flow analysis.
  • Perform research and analysis on companies, industries, and transactions.
  • Support day-to-day management of the portfolio, including financial statement spreads and covenant compliance analysis.
  • Prepare high-quality annual client reviews, renewals, and amendments.
  • Maintain active ownership of quarterly financials and risk ratings.

Requirements

  • Bachelor's degree
  • Two years of related financial services work experience
  • Strong analytical skills and attention to detail
  • Strong written and verbal communication skills
  • Competitive drive and high work ethic, self-starter, team-oriented
  • Solid leadership and interpersonal skills
  • High level of adaptability and flexibility with strong organizational and time management skills
  • Solid understanding of business
  • Advanced proficiency in Microsoft Excel and PowerPoint

Nice-to-haves

  • Minimum GPA: 3.0
  • Demonstrated work experience in finance or related field

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Accidental death and dismemberment insurance
  • Tax-preferred savings accounts
  • 401k plan
  • Vacation days (minimum of 10 days)
  • Sick days (minimum of 10 days)
  • Paid holidays
  • Defined benefit pension plan (depending on position)
  • Restricted stock units (depending on position)
  • Deferred compensation plan (depending on position)
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