Truist Financial - McLean, VA

posted 3 months ago

Part-time,Full-time - Mid Level
McLean, VA
Credit Intermediation and Related Activities

About the position

The position involves underwriting credit exposure specifically for Hospitals/Healthcare and Higher Education/Not for Profit relationships, while actively managing a portfolio within these sectors. The role requires day-to-day client interaction, managing portfolio risk, and adhering to all regulatory and compliance guidelines. A critical aspect of this position is the early identification of emerging credit problems and industry trends, which is essential for maintaining the health of the portfolio. The essential duties include leading the entire commercial underwriting process, which encompasses underwriting, structuring, and documenting all transactions with prospects and clients. The individual will independently handle the most complex deals and largest credit relationships, demonstrating mastery in client and industry expertise. This involves analyzing individual company performance and understanding the impact of industry dynamics and macroeconomic events on the creditworthiness of clients. The role also requires providing independent, in-depth analysis of financial statements, projections, and business plans, identifying and mitigating key risks, and recommending appropriate loan structures while ensuring compliance with regulatory requirements. In terms of portfolio management, the individual will be accountable for monitoring performance and trends, proactively defining client credit solutions, and managing all amendments and waivers in the assigned portfolio. The role demands a forward-focused, independent, and collaborative approach to risk management, ensuring risk rating integrity and conducting annual reviews. The position also emphasizes client relationship expansion through consistent direct calling efforts, applying knowledge of credit policy and pricing to develop solutions that meet both client needs and the bank's risk acceptance criteria. Additionally, the individual will partner closely with Investment Banking peers to deliver complex financing solutions and maintain extensive knowledge of corporate banking, investment banking, and commercial banking solutions, along with market trends. The role requires managing tasks with the assistance of assigned Associates and Analysts, mentoring junior team members, and participating in the annual performance review process. The individual will be expected to provide independent risk recommendations and manage a large portfolio of complex clients, demonstrating leadership and influencing skills throughout the process.

Responsibilities

  • Lead the entire commercial underwriting process with prospects and clients.
  • Underwrite, structure, and document all transactions for clients.
  • Independently manage complex deals and large credit relationships.
  • Analyze individual company performance and industry dynamics affecting creditworthiness.
  • Provide in-depth analysis of financial statements, projections, and business plans.
  • Identify and mitigate key risks associated with client transactions.
  • Recommend appropriate loan structures and ensure compliance with regulatory requirements.
  • Monitor performance and trends within the assigned portfolio.
  • Define client credit solutions and manage amendments and waivers.
  • Expand client relationships through direct calling efforts and collaboration with internal partners.
  • Maintain extensive knowledge of corporate banking and market trends.
  • Mentor and coach junior team members, including performance reviews.

Requirements

  • Bachelor's Degree in Finance or related field.
  • At least 7+ years of experience in commercial credit analysis.
  • Mastery level proficiency with MS Office applications.
  • Strong interpersonal skills and solid written/verbal communication.
  • Sound credit skills and strong attention to detail.
  • Ability to prioritize workflow and multi-task in a fast-paced environment.

Nice-to-haves

  • Experience in a similar role with a commercial financial institution.
  • Industry or sub-sector expertise.
  • Familiarity with Truist Bank operating systems such as COMPASS and other commercial applications.

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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