Analyst, Leveraged Loans Group, Cleveland in Cleveland, OH at Key Bank- Corporate

Date Posted: 5/20/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Cleveland, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    5/20/2018
  • Job ID:
    28858BR

Job Description

Analyst, Leveraged Loans Group – Cleveland, Ohio

About the Job
In support of the primary Portfolio Managers in the Leveraged Loans Group, analysts perform financial analysis, including leveraged cash flow modeling, due diligence analysis, SWOT analysis, review financial statements and third party diligence reports and assist with preparing underwriting documents to support complex multimillion-dollar leveraged lending credit requests. Primary responsibility will be to (1) assist Portfolio Managers with the preparation of LCF modeling and credit memos for potential new LBO/MBO or Dividend Recapitalizations for Private Equity-backed transaction and (2) assist in day-to-day management of the team’s existing multi-billion portfolio of leveraged loans.

Essential Job Functions
Prepares analysis and write-ups for amendments and waivers to existing transactions
Assists PMs in the completion of monthly account performance reports and annual reviews of existing loans
Maintains extensive database of project performance, statistics and general information
Assists primary Portfolio Managers in analysis and preparation of new deal credit memos
Supports Senior PMs in the due diligence, loan documentation and closing of credit facilities
Conducts periodic site visits to assess management, business conditions and build rapport with accounts.
Attends bank meetings on a regular basis
Helps Investment Bankers/Relationship Managers in structuring transactions
Contributes to other tasks for the team as needed

Required Qualifications
BA in finance, business, economics or related field.
Competence in Financial Modeling, demonstrated by
a) Repetitive modeling
b) Good accounting knowledge
c) Unique analysis
d) View on optimal capital structure
e) Cash flow modeling
f) Analysis in support of due diligence
g) Knowledge of collateral valuation and enterprise valuation

The ideal candidate will be a team player, coachable, hard-working, solution-oriented, curious and client-focused. This person will build a strong reputation with others for honesty, critical thinking, diligence and openness to growth -- willing to be patient to learn from team members and personal experience to grow professionally.

Additional technical skills will be required including:
Financial Accounting Acumen
  • Analyzing financial statements
  • Understanding how cash flow analysis works, and how to build and manipulate LCF models
  • Recognizing trends and key metrics
Software and technical proficiency
  • Strong proficiency in working in MS Office suite of products – Word, Excel, PowerPoint
  • Acquiring knowledge in bank systems such as LCF Modeling, CWA, and ROE Models
Strong data gathering and analytical skills
  • Conducting Research -- How to use it, Where to find it and Leveraging prior deal knowledge
  • Digging deeper into the meaning of the data gathered and developing a skill set to identify key risk factors/focus issues in a leveraged transaction and the potential mitigants to those risk factors/focus issues.
Solid Loan Product Knowledge
  • Developing an understanding of the various types of debt capital markets products that can be used to finance an LBO (1st Lien, 2nd lien, Bonds, Subordinated Debt, Preferred Equity, etc.)
  • Developing an understanding of financial covenants and collateral and enterprise valuations
  • Appreciating commercial banking products -- cash management, FX, derivatives, etc.
  • Grasping Investment Banking activities
Professional and Competent Communication Skills
  • Presenting information verbally
  • Writing succinct, clear communications that use relevant data and facts to support idea
  • Organizing thoughts and ideas in easily digestible format
  • Utilizing proper grammar and spelling

PREFERRED QUALIFICATIONS
MBA


ABOUT KEY:
KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 28858BR