Veritas Partners
This range is provided by Veritas Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $110,000.00/yr - $120,000.00/yr
Additional compensation types Annual Bonus
Direct message the job poster from Veritas Partners
Partner, Professional Recruiting at Veritas Partners Leveraged Finance Associate
Position Summary The Leveraged Finance Associate position is a newly opened opportunity within one of the region’s largest investment banking team based in Chevy Chase, MD which works with private equity sponsors businesses operating in the middle market throughout the US. Due to significant asset and business growth, this individual will gain experience between new transaction underwriting and ongoing monitoring portfolio management. This Leveraged Finance Associate position will offer a base salary in the $110,000 to $120,000 range, an annual bonus target between 15%-20%, excellent benefits and career mobility, as well as a hybrid flexible (2-3 days in office) work schedule. This is an unique opportunity for candidates with 2 to 4 years of public accounting financial audit or M&A transactions experience to pivot into investment banking commercial lending and gain full cycle deal experience across a variety of general industries.
Position Description
Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company.
Review materials including confidential investment memorandums, management/lender presentations and other documents.
Split time between reviewing new transactions (“Underwriting”) and ongoing monitoring and ownership of our existing portfolio (“Portfolio Management”).
Oversees a portfolio of loans that they have helped underwrite, providing an opportunity to learn from the full cycle of an investment.
Read and analyze third-party diligence reports including quality of earnings, industry/market studies, operational diligence, environmental diligence, and others.
Review financial statements, sponsor models and all other relevant financial information to understand business trends including segment performance, customer growth, etc.
Learn to identify attributes of a company which support our investment thesis as well as factors which pose a risk to the business.
Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in.
Create and write detailed investment memorandums which outline the opportunity.
Assist in reviewing legal documents to ensure the Bank’s understanding of key business terms. Work with external legal counsel to document final investment terms.
Actively manage and monitor your assigned portfolio on an ongoing basis. Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan.
Review financial statements, budgets and all other relevant financial and non-financial data to maintain and enhance the understanding of the borrower’s financial performance developed during Underwriting.
Actively participate in the process of amendments, waivers and restructurings of borrowers within your assigned portfolio, with support provided by senior team members.
Monitor assigned portfolio to ensure timely receipt of deliverables and manage the credit file for your assigned portfolio.
Position Qualifications
Bachelor’s degree and a minimum of two (2) years of experience in a public accounting, financial consulting, valuation, leveraged finance, investment banking, or another area of finance or accounting.
Outstanding quantitative and qualitative analytical skills.
Knowledge of finance and accounting, including financial statement analysis.
Excellent interpersonal skills with ability to maintain relationships at all levels in the organization.
High proficiency with Microsoft Office products, including Excel, Word, and Outlook.
Ability to work onsite in Chevy Chase, MD on hybrid basis 2 or 3 days a week.
Benefits
Medical insurance
Vision insurance
401(k)
Paid maternity leave
Paid paternity leave
Student loan assistance
Tuition assistance
Disability insurance
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Base pay range $110,000.00/yr - $120,000.00/yr
Additional compensation types Annual Bonus
Direct message the job poster from Veritas Partners
Partner, Professional Recruiting at Veritas Partners Leveraged Finance Associate
Position Summary The Leveraged Finance Associate position is a newly opened opportunity within one of the region’s largest investment banking team based in Chevy Chase, MD which works with private equity sponsors businesses operating in the middle market throughout the US. Due to significant asset and business growth, this individual will gain experience between new transaction underwriting and ongoing monitoring portfolio management. This Leveraged Finance Associate position will offer a base salary in the $110,000 to $120,000 range, an annual bonus target between 15%-20%, excellent benefits and career mobility, as well as a hybrid flexible (2-3 days in office) work schedule. This is an unique opportunity for candidates with 2 to 4 years of public accounting financial audit or M&A transactions experience to pivot into investment banking commercial lending and gain full cycle deal experience across a variety of general industries.
Position Description
Participate in meetings with private equity sponsors and borrowers to develop an understanding of a company.
Review materials including confidential investment memorandums, management/lender presentations and other documents.
Split time between reviewing new transactions (“Underwriting”) and ongoing monitoring and ownership of our existing portfolio (“Portfolio Management”).
Oversees a portfolio of loans that they have helped underwrite, providing an opportunity to learn from the full cycle of an investment.
Read and analyze third-party diligence reports including quality of earnings, industry/market studies, operational diligence, environmental diligence, and others.
Review financial statements, sponsor models and all other relevant financial information to understand business trends including segment performance, customer growth, etc.
Learn to identify attributes of a company which support our investment thesis as well as factors which pose a risk to the business.
Perform industry research to understand macro trends that impact a company and the competitive environment that it operates in.
Create and write detailed investment memorandums which outline the opportunity.
Assist in reviewing legal documents to ensure the Bank’s understanding of key business terms. Work with external legal counsel to document final investment terms.
Actively manage and monitor your assigned portfolio on an ongoing basis. Participate in real-time credit discussions as well as scheduled quarterly reviews throughout the life of the loan.
Review financial statements, budgets and all other relevant financial and non-financial data to maintain and enhance the understanding of the borrower’s financial performance developed during Underwriting.
Actively participate in the process of amendments, waivers and restructurings of borrowers within your assigned portfolio, with support provided by senior team members.
Monitor assigned portfolio to ensure timely receipt of deliverables and manage the credit file for your assigned portfolio.
Position Qualifications
Bachelor’s degree and a minimum of two (2) years of experience in a public accounting, financial consulting, valuation, leveraged finance, investment banking, or another area of finance or accounting.
Outstanding quantitative and qualitative analytical skills.
Knowledge of finance and accounting, including financial statement analysis.
Excellent interpersonal skills with ability to maintain relationships at all levels in the organization.
High proficiency with Microsoft Office products, including Excel, Word, and Outlook.
Ability to work onsite in Chevy Chase, MD on hybrid basis 2 or 3 days a week.
Benefits
Medical insurance
Vision insurance
401(k)
Paid maternity leave
Paid paternity leave
Student loan assistance
Tuition assistance
Disability insurance
#J-18808-Ljbffr