Description
Summary:
The Associate, Portfolio Management – Lender Finance (LF) will be responsible for working with internal partners to support and provide diligence for underwriting new transactions and managing the existing portfolio of transactions. The LF team originates both recourse and non-recourse transactions for commercial and consumer specialty finance companies. This line of business is focused on driving growth in revenue and assets for the bank through leading newly structured transactions as well as participating in other banks’ transactions.
The Associate, Portfolio Management will require balancing support for the Commercial Bank’s growth while ensuring we have a scalable, well-managed business. This Associate may be asked to perform financial analysis and assist preparing underwriting documents in support of complex credit requests.
Duties and Responsibilities:
- Review financial statements, projection models, project cash flow models and all other relevant financial and non-financial data to develop a concise focused analytical foundation for a credit decision.
- Conduct ongoing portfolio maintenance, including covenant compliance monitoring, spreading financials, risk ratings and quarterly risk reviews.
- Assist in the analysis and preparation for new deals.
- Conduct research using numerous resources available, distilling key themes and conclusions into concise summary form for presentation purposes.
- Manage periodic fundings for transactions in your assigned portfolio and prepare tear sheets for risk reviews for your assigned portfolio.
- Participate in due diligence meetings.
- Perform other duties as assigned.
Basic Qualifications:
- Bachelor’s degree in Finance, Accounting or Economics or experience in a similar role within Huntington Bank or another financial institution.
- Minimum of 3 years of progressive experience in credit analyst/portfolio management.
Preferred Qualifications:
- High level of professionalism.
- Highly motivated with desire and ability to excel in a team or individual work environment.
- Proficiency using Microsoft Word and Excel.
- Strong written and verbal communication skills.
- Formal credit training program a plus.
- Experience with Financial Modeling considered a plus.
Exempt Status: Yes (not eligible for overtime pay)
Workplace Type: Hybrid
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position.
This employer will not sponsor applicants for the following work visas: F-1 student, H-1B worker, O-1 worker, TN worker, E-3 worker. Applicants must be currently authorized to work in the United States on a full-time basis.
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