Managing Director, Leveraged Finance

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

If you are interested and qualified for this role, we invite you to apply.

The Managing Director, Leveraged Finance is one of three associates who manage the group's origination efforts. The individual will develop and execute meaningful deal flow in both the sponsor coverage and asset based lending nationwide verticals. This will include, but not be limited to, representing the firm at industry conferences and working closely with internal and external referral sources such as private equity groups, family offices, investment banks, accountants, and attorneys.

Essential Functions/Responsibilities

• Selling asset based lending credit based products though active solicitation and cultivation of business relationships within an assigned market area.
• Prospecting, calling, and maintaining dialogues with businesses, financial intermediaries, accountants, attorneys, other banks, etc.
• Promotes and cross-sells other bank products and services as appropriate to new client requirements.
• Recognizes and understands risk/return and establishes and negotiates the terms under which the credit will be extended to include pricing, fees, cost repayment method and schedule, collateral requirements, etc.
• Qualifies prospects by collecting and analyzing financial and related data in order to determine the general credit worthiness of the prospect and the merits of the specific loan requests.
• Coordinates the internal team to underwrite and close new asset based loans including working with the Collateral Monitoring Group (ordering and reviewing field exams and coordinating collateral analyst posting to Stucky), Credit Analyst, and Treasury Management.
• Prepares or oversees the completion of the loan approval form including careful underwriting of the loan so that the structure meets the needs of the borrower and the bank. Obtains appropriate approval for credit under consideration.
• Coordinates the documentation of loan facilities with outside legal counsel to ensure and protect the Bank's rights and remedies to properly secure and collect the Bank's outstanding loans.
• Coordinates with the Business Credit Relationship Manager to effectively transfer management of the relationship post-closing.
• Provides best practices guidance to other Business Development Officers in terms of networking, prospecting, and structuring ABL facilities in order to achieve overall departmental goals.
• Is a leader in new business origination and actively participates and represents First Financial Bank in various community, civic, and professional organizations.
• Maintains awareness of industry trends, new developments and technologies in the field of asset based lending by participating in regular industry meetings and educational conferences.

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

• Requires 10+ years of commercial lending experience, with at least 2+ years as a Business Development Officer in an asset based lending group.
• Experience in asset based lending, credit analysis, and complex commercial credit relationships preferred.
• Bachelor's Degree required with a major in accounting/finance or related field preferred.
• Advance degree or CPA license preferred.
• Strong interpersonal skills with the ability to work effectively within the ABL unit.
• Ability to establish and maintain relationships with lending officers throughout the bank.
• Demonstrated ability to independently assess prospective and existing banking relationships and analyze complex loan proposals and financial statements.
• Ability to identify key credit risk issues, evaluate and appropriately structure ABL credit facilities.
• Excellent credit, analytical and computer skills, and a thorough knowledge of finance and accounting.
• Strong negotiating skills.

Preferred Knowledge and Skills

Level of Complexity and Scope

Degree of Independence and Decision-Making

Required Supervisory Responsibilities

Physical Requirements

• Occasionally lifts and carries up to 10 lbs.
• Occasionally drives.
• Frequently sits, stands and walks.

Compliance Statement

• The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Development and Training

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.