Senior Associate, Corporate Finance

Job Description

The Corporate Finance Senior Associate serves as the primary underwriter for complex relationships in the large corporate and middle market portfolio for Northwest Bank.  The ability to independently perform highly in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels is required. The Senior Associate is expected to design and recommend credit structures to senior leadership which align with the needs of the clients and the risk appetite of the Bank.  Regular client contact will occur as part of the underwriting and portfolio management duties. Where Northwest Bank is the lead agent, the Senior Associate will be involved in the preparation of loan syndication market materials and other supporting documentation and may participate in sell-side activities.

Essential Functions

• Prepare detailed credit memorandum for complex lending relationships

• Complete comprehensive analysis on client financial statements

• Recommend proper loan structure, including appropriate covenant formulas and definitions

• Identify credit strengths, weaknesses, risks and mitigating factors

• Determine the required scope for underwriting and due diligence based on client risk profile

• Participate in joint calls with Relationship Managers

• Maintain a working knowledge of macroeconomic factors affecting national and global markets

• Identify and track loan and credit policy exceptions

• Monitor ongoing risk in the assigned portfolio and recommend proactive action if necessary

• Prepare annual or quarterly reviews for relationships within the portfolio, as required

• Recommend and defend appropriate risk ratings

• Review and negotiate legal documentation with outside bank counsel

• Develop financial statement forecasts and enterprise valuations

• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

• Work as part of a team

• Work with on-site equipment

Education & Experience:

• Bachelor's degree in Finance, Accounting, or other business-related field preferred

• 5 - 6 years Credit Underwriting in the Corporate Finance sector preferred

Location:

This position may be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.

    INDEPENDENCE, OH
        • 6480 Rockside Woods Blvd S
        Suite 345
        Independence, OH 44131
    
    COLUMBUS, OH
        • HQ
        3 Easton Oval
        Columbus, OH 43219
    
    BUFFALO, NY
        • 375 Essjay Road
        Suite 100
        Buffalo, NY 14221
    
    MOUNT JOY, PA
        • 101 East Main Street
        Mount Joy, PA 17552
    
    WARREN, PA
        • 100 Liberty Street
        Warren, PA 16365
    
    ERIE, PA
        • 800 State Street
        Erie, PA 16501
    
    PITTSBURGH, PA
        • Bellevue 
        532 Lincoln Avenue
        Bellevue, PA 15202
        
        • Pittsburgh Business Office
        525 William Penn Place
        Suite 3550
        Pittsburgh, PA 15222
        
    FISHERS, IN
        • 11 Municipal Drive 
        Suite 150
        Fishers, IN 46037
 

The pay range for this position is generally $100,000 - $145,000 annually.  Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge.  Additional bonus earning opportunities and benefits are also available. 

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.