Senior Associate, Tech & Telecomm Portfolio Manager R0056803

Huntington Bancshares - Columbus, OH

Full-time

Remote - Columbus, OH

Management of Companies and Enterprises

About the position

The position supports the Tech & Telecom (T&T) Portfolio Management Team by providing essential 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 role involves assisting Senior Underwriters and Relationship Managers in the origination and underwriting processes for 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. A key responsibility is to proactively identify issues that may impact lending activities, which includes analyzing capital structures, conducting due diligence, performing industry analysis, and executing valuation analysis. The candidate will be responsible for producing detailed and sophisticated financial models for both prospective and existing clients. These models will support the risk rating model, which is crucial for determining the Bank's lending levels. The individual must be prepared to defend their financial assessments to internal stakeholders, including Senior Portfolio Managers, Relationship Managers, and Credit Review teams. Additionally, the role requires providing quarterly and annual updates on existing clients, which encompass business overviews, management updates, financial updates, and risk rating updates. The position also entails ensuring the successful booking and closing of transactions while assisting in the daily monitoring of client accounts. The candidate will take ownership of the transaction process through to closing, demonstrating accountability throughout. Responsibilities include completing leverage lending tear sheets quarterly, which will include updated internal credit risk ratings, and maintaining an accurate portfolio management account spreadsheet along with a semi-annual portfolio review template. Furthermore, the role includes mentoring and guiding junior talent within the T&T team, including interns, fostering their development and growth within the organization.

Responsibilities

• Support the Tech & Telecom (T&T) Portfolio Management Team by providing detailed cash flow and financial modeling.
• Assist Senior Underwriters and Relationship Managers with the origination and underwriting of new clients.
• Utilize external and internal platforms such as Capital IQ, Pitchbook, Moody's, S&P, CARS, Risk Rating System, and CLOS system.
• Proactively identify issues impacting lending activities, including capital structure, diligence, industry analysis, and valuation analysis.
• Produce detailed financial models for prospective and existing clients to support the risk rating model.
• Defend financial assessments with internal stakeholders including Senior PM's, RM's, Credit, and Credit Review.
• Provide quarterly and annual updates on existing clients, including business overviews, management updates, financial updates, and risk rating updates.
• Ensure the booking and closing of transactions and assist in monitoring client accounts daily.
• Complete leverage lending tear sheets quarterly with updated internal credit risk ratings.
• Maintain current and accurate portfolio management account spreadsheet and semi-annual portfolio review template.
• Help mentor, guide, and develop junior talent within the T&T team, including interns.

Requirements

• Bachelor's degree in Business, Finance, Economics, or a related field.
• Three (3) years of credit analysis experience in a commercial banking environment.
• Experience must include credit portfolio tasks such as preparing financial projection models, monitoring credit trends regarding risk mitigation and rating changes, and performing transactional due diligence.

Benefits

• Remote work option available.