Senior Associate, Tech and Telecomm Portfolio Manager

Huntington Bancshares - Columbus, OH

Full-time - Mid Level

Remote - Columbus, OH

Management of Companies and Enterprises

About the position

The Senior Associate, Tech and Telm Portfolio Manager will play a crucial role in supporting the T&T Portfolio Management Team at The Huntington National Bank. This position involves providing detailed cash flow analysis and financial modeling for a diverse range of clients, including Large Cap, Mid-Corp, and Leveraged clients within the technology and telecommunications sectors. The successful candidate will assist Senior Underwriters and Relationship Managers in the origination and underwriting of new clients, utilizing various external and internal platforms such as Capital IQ, Pitchbook, Moody's, S&P, CARS, Risk Rating System, and the CLOS system. In this role, the Senior Associate will be expected to articulate and defend their views during credit committee meetings, addressing on-the-spot questions from stakeholders. A deep understanding of the underwriting package is essential, including familiarity with client financial spreads, risk ratings, leverage lending tear sheets, and financial models. The candidate will proactively identify issues that may impact lending activities, focusing on capital structure, due diligence, industry analysis, and valuation analysis. Additionally, the Senior Associate will produce comprehensive financial models for both prospective and existing clients to support the risk rating model, which determines the Bank's lending levels. They will be responsible for defending their assessments to internal stakeholders, including Senior Portfolio Managers, Relationship Managers, and Credit Review teams. Regular updates on existing clients will be required, including business overviews, management updates, financial updates, and risk rating updates. The role also involves ensuring the successful booking and closing of transactions while monitoring client accounts daily. The Senior Associate will take ownership of the transaction process through to closing and will complete leverage lending tear sheets quarterly, maintaining accurate portfolio management account spreadsheets and semi-annual portfolio review templates. Furthermore, mentoring and developing junior talent within the T&T team, including interns, will be a key responsibility.

Responsibilities

• Support the T&T Portfolio Management Team with cash flow analysis and financial modeling.
• Assist Senior Underwriters and Relationship Managers in client origination and underwriting.
• Utilize external and internal platforms for financial analysis and client assessment.
• Defend financial views during credit committee meetings and respond to stakeholder inquiries.
• Produce detailed financial models for clients to support risk rating assessments.
• Provide quarterly and annual updates on existing clients, including financial and risk rating updates.
• Ensure the booking and closing of transactions and monitor client accounts daily.
• Complete leverage lending tear sheets quarterly and maintain accurate portfolio management records.
• Mentor and develop junior team members, including interns.

Requirements

• Bachelor's degree in Business, Finance, Economics, or a related field.
• Three years of Portfolio Management experience in Large Cap, Mid-Corp, and Leveraged finance at a commercial bank.
• Experience in client-facing roles and underwriting transactions with attention to detail.
• Extensive experience in developing and utilizing cash flow models in Excel.