What are the responsibilities and job description for the Vice President of Syndications position at F.N.B. Corporation?
Primary Office Location:
One North Shore Center. Pittsburgh, Pennsylvania. 15212.
Join our team. Make a difference - for us and for your future.
Position Title: Vice President of Syndications
Business Unit: Commercial Banking
Reports to: Managing Director of Capital Markets
Position Overview
The incumbent is responsible for originating, structuring and distributing broadly-syndicated bank transactions for the Capital Markets team. The incumbent will be responsible for overseeing the creation and building of offering memoranda, pitchbook presentations, and build cash flow models. The incumbent will have direct interaction with internal teams consisting of relationship managers and credit administration, as well as external contact with clients, prospects, layers, financial institutions and other service providers.
Primary Responsibilities
Coordinates with the Managing Director, syndicated finance originators, relationship managers and credit administration to review new business opportunities and participates in sales calls
Leads deal team’s due diligence efforts, with a deep understanding of financial model and cash flow assumptions and evaluates risk/return parameters of financing transactions
Coordinates with the Managing Director and relationship teams (RM's and Credit) in the structuring of transactions, including the preparation of term sheets and proposals
Develops relationships with participating banks and understands their credit appetite and return hurdles across industries
Coordinates execution of the syndicated loan product, including: (1) managing deal execution activity of the junior team members; (2) preparing the Confidential Information Memorandum and Lender Presentations in conjunction with junior team members; (3) engaging with potential participating financial institutions; and (4) leading and assisting in credit agreement negotiations
Oversees the compilation of marketing and research materials including: overview of current market conditions, comparable transaction analysis and syndication strategies
Oversees pitchbook template revisions
Tracks and follows trends in the syndicated loan market
Develops deep working knowledge of external news and information resources
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
5
Skills Required to Perform the Primary Responsibilities of this Position:
Excellent communication skills, both written and verbal
Excellent customer service skills
Excellent organizational, analytical and interpersonal skills
Detail-oriented
Ability to work and multi-task in a fast paced environment
Expert experience in all MS Office products. Syndicated finance, credit training, and relevant work experience required. Experience with Thompson Reuters, Bloomberg, and CapIQ preferred.
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
Valid Drivers License
Physical Requirements Or Work Conditions Beyond Traditional Office Work
Frequent driving (car, van, truck)
Equal Employment Opportunity (EEO)
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
One North Shore Center. Pittsburgh, Pennsylvania. 15212.
Join our team. Make a difference - for us and for your future.
Position Title: Vice President of Syndications
Business Unit: Commercial Banking
Reports to: Managing Director of Capital Markets
Position Overview
The incumbent is responsible for originating, structuring and distributing broadly-syndicated bank transactions for the Capital Markets team. The incumbent will be responsible for overseeing the creation and building of offering memoranda, pitchbook presentations, and build cash flow models. The incumbent will have direct interaction with internal teams consisting of relationship managers and credit administration, as well as external contact with clients, prospects, layers, financial institutions and other service providers.
Primary Responsibilities
Coordinates with the Managing Director, syndicated finance originators, relationship managers and credit administration to review new business opportunities and participates in sales calls
Leads deal team’s due diligence efforts, with a deep understanding of financial model and cash flow assumptions and evaluates risk/return parameters of financing transactions
Coordinates with the Managing Director and relationship teams (RM's and Credit) in the structuring of transactions, including the preparation of term sheets and proposals
Develops relationships with participating banks and understands their credit appetite and return hurdles across industries
Coordinates execution of the syndicated loan product, including: (1) managing deal execution activity of the junior team members; (2) preparing the Confidential Information Memorandum and Lender Presentations in conjunction with junior team members; (3) engaging with potential participating financial institutions; and (4) leading and assisting in credit agreement negotiations
Oversees the compilation of marketing and research materials including: overview of current market conditions, comparable transaction analysis and syndication strategies
Oversees pitchbook template revisions
Tracks and follows trends in the syndicated loan market
Develops deep working knowledge of external news and information resources
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
5
Skills Required to Perform the Primary Responsibilities of this Position:
Excellent communication skills, both written and verbal
Excellent customer service skills
Excellent organizational, analytical and interpersonal skills
Detail-oriented
Ability to work and multi-task in a fast paced environment
Expert experience in all MS Office products. Syndicated finance, credit training, and relevant work experience required. Experience with Thompson Reuters, Bloomberg, and CapIQ preferred.
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
Valid Drivers License
Physical Requirements Or Work Conditions Beyond Traditional Office Work
Frequent driving (car, van, truck)
Equal Employment Opportunity (EEO)
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.