Credit Associate

Date
12/19/2017
Location
New York, NY
Compensation
N/A

Brief Description:

Our client;  a growing US Bank, is seeking an Associate in their Utilities Group.

Job Function:

The successful candidate will be required to:

  • be responsible for credit analysis of large corporate clients in the US. Specific sectors covered are investor owned electric and gas utilities, municipal power companies and wholesale commodity distributors.  
  • support origination by analyzing new transactions and maintaining existing portfolio
  • generate detailed cash flow and debt capacity models that help establish suitable capital structures, financial covenants, and sensitivity to key variables
  • research and analyze clients' financial situations, industry and market data
  • make recommendations related to internal borrower risk ratings and maximum exposure levels
  • participate in formal presentations to syndicate lenders
  • perform valuation analysis to assess collateral coverage
  • review deal structures and legal documentation
  • interact with clients and risk management

Requirements:

Candidate must be a highly motivated individual with proven leadership skills.  Candidate must also demonstrate excellent verbal and written communications skills, as well as strong business/analytical skills.  Successful candidate will have the ability to identify and communicate credit risk issues and concepts.

  • Working knowledge of credit products, including derivatives is preferred, not required.
  • Ability to prioritize multiple tasks and manage deadlines, as well as work well with peers and members of other product groups/business units in deal team circumstances.  

 

Specific Education Requirements:

  • MBA degree preferred, not required.
  • 3 - 5 Year's Credit analysis experience in Corporate Banking for large US corporates).
  • Sector experience (power and gas utilities) is preferable but NOT required

Contact Details:

Christopher Byrnes

cbyrnes@madisondavis.com

914-595-5745