Job Description
Job Description
Position Overview :
This individual will be responsible for supporting the origination, structuring and execution of transactions, including private credit, project finance and asset-based lending. Assists in the preparation of prescreen and deal approval memos, transaction structuring, due diligence, financial modeling, documentation review, and transaction closing.
Commitment to Internal Control :
The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.
Essential Duties and Responsibilities :
(List in order of time spent)
- Have a clear understanding of MHCA’s credit policies and operational procedures.
- Evaluate new business transactions on a timely basis in collaboration with the origination teams.
- Specific underwriting focus based on prior experience, preferably in private credit, project finance and / or asset-based lending. The incumbent is expected to become familiar with all three segments over time.
- Assist in preparation and preparation of initial prescreen memo, including company overview, financial analysis, valuation work, and diligence items.
- Coordinate with sponsor contacts, borrower management team, agent banks, transaction advisors, external counsel, and other third-party resources as part of the diligence and documentation processes.
- Contribute to the preparation of a comprehensive underwriting memo, including leading the financial modeling and sensitivity analysis, as well as documentation of compliance with underwriting guidelines and preparation of the obligor rating.
- Participate in presentation of the approval memo to delegation holders, including credit committee.
- Monitor trends across targeted industry sectors to support deal origination.
- Proactively monitor obligor financial performance and identify any adverse trends to senior management.
- Work with portfolio manager to onboard new clients for funding procedures and reporting requirements.
- Assist portfolio managers in reviewing credit amendment requests for existing clients.
- Manage Salesforce records and information files for pipeline transactions.
KPI’s (Key Performance Indicators) :
Deals evaluated;Deals completed (Fundings, Assets, and Fee Income);Credit analysis quality;Portfolio performance.Management / Supervisory Responsibilities :
Not applicableResponsibility and Decision-Making Authority :
Credit assessment, structure, and transaction communication needs to be within company prepared guidelines.Act independently; Decision-making within Company policy.Qualifications :
Knowledge, Skills, and Abilities :
Extensive knowledge of credit evaluation, financial, collateral, and cash flow analysis.Advanced skills in cash flow modeling for either corporate or project finance transactions.Knowledge of structuring, underwriting, and documentation practices related to asset-based lending, private credit or project finance.Advanced technical skills (Excel, PowerPoint, Word, etc.)Excellent verbal and written communication skills.Understanding of multiple industry dynamics and how economic conditions impact credit quality and structure.Time Management : ability to organize and manage multiple priorities and complete on a timely and accurate basis.Competencies :
Thinking SkillsAnalytical ability
Ability to synthesizeProblem-solvingCommunicationsAbility to transmit information
Ability to listenInterpersonal RelationshipsAbility to work in a Team
Technical and ProfessionalDetail-oriented
Ability to work independentlyPersonal QualitiesAction-oriented
ResilientAdaptabilitySelf-starterEntrepreneurshipBusiness Acumen
Client-orientedEducation and Experience :
Bachelor's degree from a four-year college or universityCFA candidate Level II / III or charter holder preferredFormal credit training, including financial modeling training (corporate finance or project finance)3+ years of experience in commercial lending.Licensing and Certification :
Not applicableTools and Equipment Used :
Personal computer, copier, phone, and other typical office equipmentWorking Hours :
Hours may vary and will require some evening work; frequently requires working 40-45 hours / week depending on business needsTravel :
Occasional travel related to transactions and attendance at industry seminars.Physical Demands :
Digital dexterity and hand / eye coordination in operation of office equipmentLight lifting and carrying of supplies, files, etc.Ability to speak to and hear customers and / or other employees via phone or in personBody motor skills sufficient to enable incumbent to move from one office location to anotherThe job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.
The position is exempt and the salary will be between $90,000.00 and $160,000.00 with an opportunity to earn a discretionary annual bonus.
The salary range is determined and based on internal equity, market data / ranges, applicant's skills, prior relevant experience and education.
Additional benefits :
Medical, Dental, and vision plans401(k) and matchingPaid Time OffCompany Paid Life InsuranceEmployee Assistance ProgramTraining and Development OpportunitiesEmployee Discounts