Senior Credit Analyst - ICONMA, LLC
New York, NY 10019
About the Job
Senior Credit Analyst
Location: New York, NY/Hybrid
Duration: 6-7 months
Description:
The position summary:
The portfolio of clients consists of investment grade and high yield groups, both leveraged and non-leveraged. Sound
projection modelling skills are required. In the role, the Credit Analyst will interact and develop strong relationships with Risk
partners, Delegation Holders, Bankers (i.e., Coverage) and Product Teams (among others, FX, IRD, Commodity, Equity,
Global Trade Solutions, Loan Capital Markets, and Leveraged Finance Teams) including coordinating the credit process
amongst the various Product and Risk teams to ensure an efficient and smooth turnaround of transactions.
Detailed Responsibilities:
The Credit Associate will be responsible for managing corporate and/or LBO client relationships
from a credit perspective. Specifically, the Credit Associate will be involved in:
Monitor the credit quality of a portfolio of assigned client names, including investment-grade, high yield, and sponsored clients. This includes periodic review of borrower financial statements, press releases, news articles, industry
information, rating reports, peer analysis, etc.
Prepare credit proposals for assigned portfolio to be included in new originations, annual reviews, facility renewals,
amendments, waivers, watch list reports, refinancing, and underwritings of new clients.
Coordinate the credit process with the relevant coverage, product, and risk teams to ensure an efficient turnaround of
transactions.
Create and maintain client exposure and internal risk ratings using bank rating methodologies.
Participate in client calls (including bank meetings) as needed for due diligence on assigned client names.
Maintain reporting related to portfolio including deal flow, exposure tracking, and other general reports.
Interact with internal and external auditors during loan examinations.
Interact with other bank branches to coordinate information on group or contributor strategies.
Mentor juniors and be a team player supporting and working with other team members, bringing value, and contributing to
the success of the Team.
Strengths and skills that will help you succeed:
Solid knowledge of loan structures, terms, credit agreements and projection modeling skills are required.
Knowledge of general banking products and banking practices
Understanding of the Healthcare sector is a plus but not mandatory.
Ability to multi-task and ability to work under quick turnaround times as needed in live deal transactions.
Good verbal and written communication skills; professionalism in dealing with Senior Bankers (Director and above) on a
daily basis.
Self-starter with ability to take initiative when working alone or with peers.
Proficiency in Word and Excel and knowledge of English language is required.
Preferred Qualifications:
Bachelor’s degree in Finance, Economics, Accounting or other similar areas.
4+ years prior experience in a Corporate Banking (preferably in corporate credit) environment or Rating Agencies
covering corporate clients.
Experience with M&A transactions, LBO financing a plus.
As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Location: New York, NY/Hybrid
Duration: 6-7 months
Description:
The position summary:
The portfolio of clients consists of investment grade and high yield groups, both leveraged and non-leveraged. Sound
projection modelling skills are required. In the role, the Credit Analyst will interact and develop strong relationships with Risk
partners, Delegation Holders, Bankers (i.e., Coverage) and Product Teams (among others, FX, IRD, Commodity, Equity,
Global Trade Solutions, Loan Capital Markets, and Leveraged Finance Teams) including coordinating the credit process
amongst the various Product and Risk teams to ensure an efficient and smooth turnaround of transactions.
Detailed Responsibilities:
The Credit Associate will be responsible for managing corporate and/or LBO client relationships
from a credit perspective. Specifically, the Credit Associate will be involved in:
Monitor the credit quality of a portfolio of assigned client names, including investment-grade, high yield, and sponsored clients. This includes periodic review of borrower financial statements, press releases, news articles, industry
information, rating reports, peer analysis, etc.
Prepare credit proposals for assigned portfolio to be included in new originations, annual reviews, facility renewals,
amendments, waivers, watch list reports, refinancing, and underwritings of new clients.
Coordinate the credit process with the relevant coverage, product, and risk teams to ensure an efficient turnaround of
transactions.
Create and maintain client exposure and internal risk ratings using bank rating methodologies.
Participate in client calls (including bank meetings) as needed for due diligence on assigned client names.
Maintain reporting related to portfolio including deal flow, exposure tracking, and other general reports.
Interact with internal and external auditors during loan examinations.
Interact with other bank branches to coordinate information on group or contributor strategies.
Mentor juniors and be a team player supporting and working with other team members, bringing value, and contributing to
the success of the Team.
Strengths and skills that will help you succeed:
Solid knowledge of loan structures, terms, credit agreements and projection modeling skills are required.
Knowledge of general banking products and banking practices
Understanding of the Healthcare sector is a plus but not mandatory.
Ability to multi-task and ability to work under quick turnaround times as needed in live deal transactions.
Good verbal and written communication skills; professionalism in dealing with Senior Bankers (Director and above) on a
daily basis.
Self-starter with ability to take initiative when working alone or with peers.
Proficiency in Word and Excel and knowledge of English language is required.
Preferred Qualifications:
Bachelor’s degree in Finance, Economics, Accounting or other similar areas.
4+ years prior experience in a Corporate Banking (preferably in corporate credit) environment or Rating Agencies
covering corporate clients.
Experience with M&A transactions, LBO financing a plus.
As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Source : ICONMA, LLC