What are the responsibilities and job description for the Director - Leveraged Finance Execution (HCA) position at Huntington National Bank?
Description
The Director - Leveraged Finance Execution, in conjunction with Huntington’s Capital Markets, Investment Banking and Sponsor Coverage, evaluates credit opportunities, mitigates associated risks, structures, and underwrites financial sponsor and leveraged finance transactions for Huntington’s private equity and corporate clients across multiple specialty industry and client coverage groups, delivering the Bank’s balance sheet capital commitments in support of these transactions.
Additionally, as part of the Huntington Capital Advisors (HCA) sub-team, this role will focus on executing transactions for privately held businesses, including founder-owned, family office–owned, and small-cap sponsor-backed companies. Typical client needs include strategic capital solutions such as shareholder lifecycle planning, inorganic growth initiatives, value creation strategies, monetization events, capital raises, and recapitalizations. Target companies generally have EBITDA of $10 million or greater.
Duties And Responsibilities
Yes
Workplace Type
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range
$102,000- $208,000 Annual Salary
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
The Director - Leveraged Finance Execution, in conjunction with Huntington’s Capital Markets, Investment Banking and Sponsor Coverage, evaluates credit opportunities, mitigates associated risks, structures, and underwrites financial sponsor and leveraged finance transactions for Huntington’s private equity and corporate clients across multiple specialty industry and client coverage groups, delivering the Bank’s balance sheet capital commitments in support of these transactions.
Additionally, as part of the Huntington Capital Advisors (HCA) sub-team, this role will focus on executing transactions for privately held businesses, including founder-owned, family office–owned, and small-cap sponsor-backed companies. Typical client needs include strategic capital solutions such as shareholder lifecycle planning, inorganic growth initiatives, value creation strategies, monetization events, capital raises, and recapitalizations. Target companies generally have EBITDA of $10 million or greater.
Duties And Responsibilities
- Responsible for the execution of sponsor and leveraged financing transactions, including managing time critical due diligence and underwriting activities for sophisticated clients. Activities include deal screening and structuring, credit approvals, as well as negotiating credit agreement and other legal documentation.
- Coordinate with the Head of Leveraged Finance Execution Team, Credit Officer for Leveraged Lending, Regional Credit Officers, Capital Markets, Sponsor Coverage, and Investment Banking to ensure proper identification and mitigation of market and credit risk for those transactions, protecting the Bank from credit loss.
- Utilize knowledge of syndicated loan market and general capital market trends, in providing training and, on as needed basis, front end guidance to less experienced colleagues.
- Partner with the Capital Markets and relevant product groups to deliver competitive financing solutions to our clients and private equity relationships.
- Cultivate and maintain strong working relationships with internal partners.
- Stay current on market developments and sponsor financing structures and terms to ensure competitive positioning of Huntington in the market.
- Performs other duties as assigned.
- Bachelor’s Degree
- Minimum of 7-10 years professional experience in Leveraged Finance, including a comprehensive understanding of leveraged finance markets and trends, financial analysis, risk evaluation, and the legal and regulatory landscape
- Leveraged deal underwriting and execution experience, with an expertise in senior bank financing along with a working knowledge of other financing & capital structure alternatives such as 2nd lien, subordinated, unitranche, and high yield debt.
- Solid analytical and judgment skills, along with deep experience evaluating and mitigating credit risk.
- Adept at understanding and negotiating complex credit agreements and other legal documentation in coordination with internal legal team, external counsel, and financial sponsors.
- Employs a highly collaborative one-team approach, with proven ability to work across lines of business and product groups to deliver competitive solutions.
- CFA or MBA
- Diverse industry financing experience
- Completion of formalized credit training program
Yes
Workplace Type
Office
Our Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range
$102,000- $208,000 Annual Salary
The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
Salary : $102,000 - $208,000