Analyst/Associate-Leveraged Finance Credit-Acquisition Finance
New York, New York;Charlotte, North Carolina
Job Description:
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Job Description:
This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for acquisition financings. Key responsibilities include analyzing qualitative and quantitative data. Job expectations include underwriting tasks, such as financial modeling, other credit analysis and supporting key internal stakeholders to achieve successful execution of new transactions.
Our Leveraged Finance Credit - Acquisition Finance business represents Enterprise Credit in the acquisition financing underwriting process. The business underwrites transactions for both non-investment grade corporate acquisitions and financial sponsor leveraged buyouts.
Responsibilities:
Evaluate and analyze financings supporting corporate M&A and leveraged buyouts
Work as a deal team member alongside investment banking and capital markets colleagues to create approval documents and analysis for the credit approval process
Analyze clients' financial performance by comparing it to past performance, projections, and industry standards
Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions, while adhering to all relevant policies and procedures
Builds projection models based on historical performance, industry forecasts, and other due diligence findings
Conducts due diligence with clients
Required Qualifications:
1 + yr of financial analysis and financial modeling experience for Analyst role 2+ years of financial analysis and financial modeling experience for Associate role
Must have corporate credit, capital markets and/or investment banking experience
Must have experience explaining various assumptions made in financial models
Must be proficient with LBO modeling
Skills:
Analytical Thinking
Financial Analysis
Financial Forecasting and Modeling
Profitability Analysis
Research Analysis
Attention to Detail
Business Acumen
Credit and Risk Assessment
Underwriting
Written Communications
Collaboration
Critical Thinking
Portfolio Analysis
Prioritization
Technical Documentation
Shift:
1st shift (United States of America)
Hours Per Week:
40
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Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
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