Investment Bank Associate--Leveraged Finance

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.

Key Responsibilities:

• Work directly with the senior deal leads and be involved in all aspects of leveraged finance and capital markets transactions from pitching through execution
• Lead the preparation of marketing materials, including managing analyst support, such as pitches, lender presentations and board materials and attend pitches and present to clients whenever possible
• Review market updates to ensure quality of information, such as, trends (pricing, tenors, structure), deals and opportunities in the non-investment grade and cross-over-rated markets
• Keep close collaboration with the credit and client coverage teams during loan structuring and primary syndication processes and bond marketing and pricing
• Prepare and review covenant analyses and summaries
• Manage the process for lender and investor meetings (bank meetings, roadshows) to ensure flawless execution
• Work closely with operations to ensure all loan and bond closings are appropriately monitored and documented

Work Experience:

• 4+ years prior experience in leveraged finance, capital markets or industry coverage group at a major financial institution or private equity firm
• Experience working in highly collaborative and flexible in a team and client environment; shares information with team pro-actively and coordinates and communicates effectively with various internal departments across the bank & capital markets group

Competencies:

• Strong analytical and presentation skills and experience executing and supporting both best-efforts and committed transactions
• Excellent oral and writing skills to clearly articulate information in pitch materials, underwriting memos and client presentations
• Broad-based knowledge of the syndicated loan and high yield bond businesses, including a strong understanding of credit agreements, bond indentures, deal structures, execution processes, etc
• Self-driven and motivated; takes personal ownership of specific assignments
• Good interpersonal skills and ability to manage internal and external client relationships and work comfortably with senior members of the team
• Strong financial statement, cash flow and credit analysis, corporate finance, and financial accounting skills. Able to learn Texas Capital's Securities systems quickly and experience with industry standard banking systems
• Ability to read and understand legal documentation
• Excellent organizational, analytical, and problem-solving skills, while balancing workload and prioritizing effectively to complete work accurately and in a timely manner against strict deadlines

Training:

• Series 7, 79 and 63

Education:

• BA/BS required in accounting, finance or economics

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.