Managing Director - Leveraged Finance Execution Team Lead

Description

Summary:

The Managing Director - Leveraged Finance Execution, in conjunction with Huntington’s Capital Markets, Investment Banking and Sponsor Coverage, evaluates credit opportunities, mitigates associated risks, structures, and underwrites financial sponsor and leveraged finance transactions for Huntington’s private equity and corporate clients across multiple specialty industry and client coverage groups, delivering the Bank’s balance sheet capital commitments in support of these transactions.

Duties and Responsibilities:

• Help the Head of Leveraged Finance Execution to build and manage the team, assist in setting policy and strategy, oversee workflow and develop/mentor team members.  Serve in player/coach role on the team, advising on and assisting in the execution of deals when appropriate.
• Oversee the junior team members' execution of sponsor and leveraged financing transactions, including managing time critical due diligence and underwriting activities for sophisticated clients.  Activities include deal screening and structuring, credit approvals, negotiating credit agreement and other legal documentation, as well as assisting Capital Markets as needed for loan syndication and distribution.
• Partner with the Capital Markets, Sponsor Coverage, and Investment Banking teams as well a relevant product groups to deliver competitive financing solutions as well as assist in idea generation and other value-added services to our clients and private equity relationships.
• Coordinate with the Head of Leveraged Finance Execution Team, Credit Officer for Leveraged Lending, Regional Credit Officers, Capital Markets, Sponsor Coverage, and Investment Banking to ensure proper identification and mitigation of market and credit risk for those transactions, protecting the Bank from credit loss.
• Utilize knowledge of syndicated loan market and general capital market trends, in providing training and, on as needed basis, front end guidance to less experienced colleagues
• Cultivate and maintain strong working relationships with the bankers, credit team, internal credit review, and external regulatory bodies to appropriately manage risk, including internal and external reporting requirements for sponsor and leveraged lending.
• Stay current on market developments and sponsor financing structures and terms to ensure competitive positioning of Huntington in the market.
• Performs other duties as assigned.

Basic Qualifications:

• Bachelor’s Degree
• Minimum of 15 years professional experience in Leveraged Finance, including a comprehensive understanding of leveraged finance markets and trends, financial analysis, risk evaluation, and the legal and regulatory landscape
• Leveraged deal underwriting and execution experience, with an expertise in senior bank financing along with a working knowledge of other financing & capital structure alternatives such as 2nd lien, subordinated, unitranche, and high yield debt.
• Solid analytical and judgment skills, along with deep experience evaluating and mitigating credit risk.
• Adept at understanding and negotiating complex credit agreements and other legal documentation in coordination with internal legal team, external counsel, and financial sponsors.
• Employs a highly collaborative one-team approach, with proven ability to work across lines of business and product groups to deliver competitive solutions.

Preferred Qualifications:

• CFA or MBA
• Diverse industry financing experience

#LI-DS23

#LI-onsite

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

Workplace Type:

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.

Compensation Range:

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.