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Associate - Leveraged Finance Execution - job 1 of 2

Description

Summary:

The Associate - Leveraged Finance Execution, is responsible for providing underwriting and execution support to senior deal team members on leveraged finance transactions pertaining to M&A, LBOs, recapitalization, etc. The Associate may also serve as a lead on select transactions under guidance from the Vice President, Associate Director, Director and/or Managing Director. Additionally, the Associate is responsible for training, managing, and monitoring work product of Analysts. This position includes all aspects of the leveraged finance execution process such as performing due diligence and preparing internal credit approval documents.

Duties and Responsibilities:

  • Execute leveraged finance transactions (including senior secured debt, TLBs, high-yield bonds, mezzanine, etc.), present complex deals, companies, and related financial information.
  • Work under critical time constraints, perform highly detailed and accurate work on multiple, concurrent tasks.
  • Spearhead the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls.
  • Perform due diligence, synthesize information, and interpret for the applicable audience.
  • Prepare and/or review screening memos and credit approval documents; prepare and/or review financial models.
  • Organize and manage the closing process on new leveraged finance transactions.
  • Interact with multiple stakeholders including senior Leveraged Finance members, portfolio managers, credit officers, capital markets professionals, company management, as well as legal counsel and operations personnel.
  • Accountable for quality and timeliness of self and analyst's work       
  • Manage analysts' time and seek opportunities to contribute to senior bankers during down time.
  • Performs other duties as assigned.

Basic Qualifications:

  • Bachelor’s degree
  • Minimum of 3 years’ professional experience in corporate finance, financial planning & analysis, investment banking, leveraged finance, sponsor finance, or corporate underwriting.

Preferred Qualifications:

  • Bachelor's Degree in Accounting or Finance
  • Superior written and verbal communication skills.
  • Strong analytical skills and proficiency with financial statement modeling.
  • Experience underwriting middle market cash flow transactions.
  • Ability to work in a fast-paced environment with limited supervision.
  • Desire to evolve, seek out construction criticism, and continue to develop oneself.
  • A high level of verbal and written communication skills to effectively convey credit worthiness and recommendations.
  • Thorough knowledge of various software programs including Word and Excel, and the ability to quickly learn additional systems/software.
  • Strong customer service orientation
  • Pride in work products / ownership over meeting and exceeding work quality and idea generation expectations
  • Strong business writing through concise, clear, and direct transfer of ideas and information
  • Situationally appropriate interpersonal communication and behavior (both internally and externally)
  • CFA or MBA
  • Completion of formalized credit training program
  • Knowledge of leveraged finance transactions and structures (including senior secured debt, TLBs, high-yield bonds, mezzanine


Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

$66,000 - $130,000 Annual Salary

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

Average salary estimate

$98000 / YEARLY (est.)
min
max
$66000K
$130000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Associate - Leveraged Finance Execution, Huntington

As an Associate - Leveraged Finance Execution at Huntington in Chicago, IL, you'll be stepping into a dynamic role that plays a crucial part in the fast-paced world of leveraged finance transactions. Your primary mission will be to provide essential underwriting and execution support to senior deal team members, tackling transactions related to M&A, LBOs, and recapitalizations. With the opportunity to take the lead on select transactions under the guidance of experienced professionals, you'll also play a pivotal role in training and managing Analysts, ensuring that their work meets high-quality standards. Daily tasks will involve performing thorough due diligence, preparing internal credit approval documents, and presenting complex financial data. You'll juggle multiple projects simultaneously, maintaining accuracy and attention to detail while working under tight deadlines. Collaboration is key, as you'll engage with a range of stakeholders, from senior team members to portfolio managers and legal counsel. If you're someone who thrives on challenges, desires real ownership of your projects, and has a knack for communicating effectively, we want you on our team. We pride ourselves on a work environment that blends the best of office and flexible working arrangements, fostering a sense of community while maximizing your potential. Join us at Huntington to make an impact in the world of leveraged finance!

Frequently Asked Questions (FAQs) for Associate - Leveraged Finance Execution Role at Huntington
What are the main responsibilities of an Associate - Leveraged Finance Execution at Huntington?

The Associate - Leveraged Finance Execution at Huntington is tasked with providing underwriting and execution support for leveraged finance transactions, including M&A and LBOs. Key responsibilities include performing due diligence, preparing credit approval documents, leading diligence calls, and managing analyst teams to ensure quality output. This role is multi-faceted, requiring collaboration with senior deal team members, portfolio managers, and legal counsel while maintaining a keen focus on detail and accuracy.

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What qualifications are needed for the Associate - Leveraged Finance Execution position at Huntington?

To qualify for the Associate - Leveraged Finance Execution role at Huntington, candidates must have a Bachelor’s degree and a minimum of 3 years professional experience in areas such as corporate finance, investment banking, or leveraged finance. Preferred qualifications include a degree in Accounting or Finance, superior communication skills, analytical proficiency, and experience with middle market cash flow transactions. Additional certifications, such as CFA or MBA, are a plus.

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What skills are essential for success as an Associate - Leveraged Finance Execution at Huntington?

Successful candidates for the Associate - Leveraged Finance Execution position at Huntington should possess strong analytical skills, effective communication abilities, and a good grasp of financial modeling. The capacity to manage multiple tasks under tight deadlines, coupled with a customer service orientation, also sets candidates apart. Familiarity with various software programs, especially Word and Excel, is essential for advancing in this dynamic role.

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How does the Associate - Leveraged Finance Execution role at Huntington contribute to the financial team?

The Associate - Leveraged Finance Execution at Huntington significantly contributes to the financial team by ensuring the successful underwriting and execution of leveraged finance transactions. By leading due diligence processes and interacting with multiple stakeholders, the Associate enhances the quality of deal-making within the team. This role is crucial in mentoring and managing Analysts, fostering the development of talent within the financial team.

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What opportunities for growth are available for an Associate - Leveraged Finance Execution at Huntington?

An Associate - Leveraged Finance Execution at Huntington has numerous growth opportunities, including the chance to lead transactions, mentor Analysts, and engage directly with senior management and clients. The role also encourages continuous professional development through constructive feedback and ongoing training, allowing for career advancement and skill enhancement within the leveraged finance sector.

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Common Interview Questions for Associate - Leveraged Finance Execution
How do you approach the due diligence process for leveraged finance transactions?

When approaching the due diligence process, I ensure that I have a thorough understanding of the financial metrics involved in the transaction. I analyze financial statements meticulously, cross-check figures, and synthesize information to present clear insights. It's essential to communicate findings effectively to stakeholders, which also helps in leading diligence calls.

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Can you describe your experience with financial modeling?

In my previous roles, I have developed comprehensive financial models that assist in the evaluation of cash flow transactions. I focus on creating models that are both detailed and adaptable, allowing for scenario analysis. Demonstrating my proficiency in Excel, I ensure that all assumptions and methodologies are well-documented.

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What do you think is the most challenging aspect of leading a transaction as an Associate?

One of the most challenging aspects of leading a transaction is balancing time management with the need for accuracy. Ensuring that all details are meticulously reviewed, while coordinating with multiple stakeholders under tight deadlines, requires strong organizational skills and the ability to prioritize tasks effectively.

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How do you ensure the quality of work from your analysts?

To ensure quality work from analysts, I implement regular feedback sessions and set clear expectations for outcomes. I emphasize the importance of accuracy and attention to detail while being available for questions. Providing constructive criticism, coupled with recognition of their achievements, helps foster a productive team dynamic.

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Tell me about a time you had to work under a tight deadline.

In my previous position, we faced an unexpected request for comprehensive due diligence on a cash flow transaction with a 48-hour deadline. I organized a strategy session with my team, delegated tasks effectively, and maintained open communication to ensure everyone was aligned. We successfully delivered high-quality work that met the deadline.

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How do you handle feedback and criticism in your role?

I view feedback and criticism as vital components of professional growth. I actively seek constructive criticism from peers and superiors, reflecting on it to improve my skills. I believe that being open to feedback fosters an environment of continuous learning and development.

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What steps do you take to prepare a screening memo for a transaction?

When preparing a screening memo, I start by gathering all relevant financial data and understanding the transaction’s strategic value. I condense complex information into clear and concise formats, highlighting key metrics and outcomes. Additionally, I ensure that the memo aligns with the firm's credit policies and guidelines.

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Describe your experience interacting with senior executives during transactions.

I have had multiple opportunities to interact with senior executives during transactions, often presenting findings or recommendations. In these instances, I prepare thoroughly, ensuring my communication is both professional and clear. I focus on addressing their concerns directly while being open to their insights and feedback.

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What strategies do you use when managing multiple projects simultaneously?

When managing multiple projects, I prioritize tasks based on urgency and importance. I utilize project management tools to track progress and deadlines, ensuring that I allocate my time effectively among competing priorities. Regular check-ins with team members also help to keep everyone aligned.

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Why do you want to work in leveraged finance at Huntington?

I am passionate about leveraged finance because it combines my interest in corporate strategy with my analytical skills. Huntington’s strong reputation in the market and commitment to professional development attract me to the organization. I believe that being part of such a collaborative and innovative environment will allow me to make meaningful contributions while expanding my expertise.

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Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Transparent & Candid
Growth & Learning
Fast-Paced
Collaboration over Competition
Take Risks
Friends Outside of Work
Passion for Exploration
Customer-Centric
Reward & Recognition
Feedback Forward
Rapid Growth
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Paternity Leave
Fully Distributed
Flex-Friendly
Some Meals Provided
Snacks
Social Gatherings
Pet Friendly
Company Retreats
Dental Insurance
Life insurance
Health Savings Account (HSA)
Photo of the Rise User
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Transparent & Candid
Growth & Learning
Fast-Paced
Collaboration over Competition
Take Risks
Friends Outside of Work
Passion for Exploration
Customer-Centric
Reward & Recognition
Feedback Forward
Rapid Growth
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Paternity Leave
Fully Distributed
Flex-Friendly
Some Meals Provided
Snacks
Social Gatherings
Pet Friendly
Company Retreats
Dental Insurance
Life insurance
Health Savings Account (HSA)
MATCH
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 19, 2025

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