layiq
/la·yiq/adjective
worthy; deserving; fitting; suitable.
A role, opportunity, or path that merits attention, time, and pursuit.
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Job opportunity
Associate I - Tech Sponsor Finance (Boston)
First Citizens Bank
Boston, Massachusetts
Source: First Citizens Bank careers · View original posting
- Pay
- $90,000 — $110,000 USD per year
Employer job description
From First Citizens Bank's posting. “We” and “our” refer to the employer.
Overview
This is a hybrid role, with the expectation that time worked will regularly take place inside and outside of a company office.
Responsible for supporting the underwriting and execution of debt transactions and portfolio management for sponsor finance portfolio management companies. Assists the sponsor finance team in various aspects of the credit lifecycle, including financial analysis, documentation preparation, and portfolio monitoring. Also assists with various aspects of the deal process, working closely with senior team members to provide creative late-stage and leveraged capital solutions to clients, prospects and portfolio management companies.
Responsibilities & Qualifications
- Credit Analysis and Underwriting
- Assist in conducting financial analysis and due diligence on new opportunities and existing portfolio companies. Help prepare credit memorandums, financial models, and loan packages for approvals. Support the underwriting process for new loans, renewals, and credit actions related to modifications or changing risk. Aid in document preparation and assist in the loan closing process under senior team members' guidance. Prepare and spread financial statements. Analyze financial data and participate in the assessment of credit risk and loan structuring.