Associate - Leveraged Finance Execution (HCA)
Huntington Bancshares, Inc., Chicago, IL, United States
Description
The Associate - Leveraged Finance Execution is responsible for providing underwriting and execution support to senior deal team members on leveraged finance transactions pertaining to M&A, LBOs, recapitalizations, etc. The Associate may also serve as a lead on select transactions under guidance from the Vice President, Associate Director, Director, and/or Managing Director. Additionally, the Associate is responsible for training, managing, and monitoring the work product of Analysts. This position includes all aspects of the leveraged finance execution process such as performing due diligence and preparing internal credit approval documents.
As part of the Huntington Capital Advisors (HCA) sub‑team, this role focuses 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
Execute leveraged finance transactions (including senior secured debt, TLBs, high‑yield bonds, mezzanine, etc.) and present complex deals, companies, and related financial information.
Work under critical time constraints, perform highly detailed and accurate work on multiple concurrent tasks.
Spearhead the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls.
Perform due diligence, synthesize information, and interpret for the applicable audience.
Prepare and/or review screening memos and credit approval documents; prepare and/or review financial models.
Organize and manage the closing process on new leveraged finance transactions.
Interact with multiple stakeholders including senior Leveraged Finance members, portfolio managers, credit officers, capital markets professionals, company management, legal counsel, and operations personnel.
Accountable for quality and timeliness of self and analyst work.
Manage analysts’ time and seek opportunities to contribute to senior bankers during down time.
Perform other duties as assigned.
Basic Qualifications
Bachelor’s degree
Minimum 2–3 years of professional experience in corporate finance, financial planning & analysis, investment banking, or related fields.
Preferred Qualifications
Bachelor’s degree in Accounting or Finance.
Superior written and verbal communication skills.
Strong analytical skills and proficiency with financial statement modeling.
Experience underwriting middle market cash flow transactions.
Ability to work in a fast‑paced environment with limited supervision.
Desire to evolve, seek constructive criticism, and continue to develop oneself.
High level of verbal and written communication skills to convey credit worthiness and recommendations.
Thorough knowledge of various software programs including Word and Excel, and ability to quickly learn additional systems/software.
Strong customer service orientation.
Pride in work products and ownership over meeting and exceeding quality expectations.
Strong business writing skills, concise, clear, and direct transfer of ideas and information.
Situationally appropriate interpersonal communication and behavior (internally and externally).
CFA or MBA.
Completion of a formalized credit training program.
Knowledge of leveraged finance transactions and structures (including senior secured debt, TLBs, high‑yield bonds, mezzanine).
Compensation Range
$63,000 - $124,000 per year (base salary). Actual compensation varies by location, experience, and education. This role is eligible for an incentive compensation plan and a comprehensive benefits package that includes health insurance, wellness program, life and disability insurance, retirement savings plan, paid leave, holidays, and PTO.
Workplace Type
Office. Certain positions outside the branch network may be eligible for a flexible work arrangement combining in office and work‑from‑home. Remote roles may have the opportunity to work in the office when needed.
Huntington’s Policies
Huntington will not sponsor applicants for immigration benefits. Applicants must be authorized to work in the United States on a full‑time basis.
Huntington is an Equal Opportunity Employer. Tobacco‑Free Hiring Practice applies.
Exempt Status
Exempt status: Yes (not eligible for overtime pay).
Note to Agency Recruiters
Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
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The Associate - Leveraged Finance Execution is responsible for providing underwriting and execution support to senior deal team members on leveraged finance transactions pertaining to M&A, LBOs, recapitalizations, etc. The Associate may also serve as a lead on select transactions under guidance from the Vice President, Associate Director, Director, and/or Managing Director. Additionally, the Associate is responsible for training, managing, and monitoring the work product of Analysts. This position includes all aspects of the leveraged finance execution process such as performing due diligence and preparing internal credit approval documents.
As part of the Huntington Capital Advisors (HCA) sub‑team, this role focuses 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
Execute leveraged finance transactions (including senior secured debt, TLBs, high‑yield bonds, mezzanine, etc.) and present complex deals, companies, and related financial information.
Work under critical time constraints, perform highly detailed and accurate work on multiple concurrent tasks.
Spearhead the due diligence process for new cash flow transactions, inclusive of financial due diligence and leading diligence calls.
Perform due diligence, synthesize information, and interpret for the applicable audience.
Prepare and/or review screening memos and credit approval documents; prepare and/or review financial models.
Organize and manage the closing process on new leveraged finance transactions.
Interact with multiple stakeholders including senior Leveraged Finance members, portfolio managers, credit officers, capital markets professionals, company management, legal counsel, and operations personnel.
Accountable for quality and timeliness of self and analyst work.
Manage analysts’ time and seek opportunities to contribute to senior bankers during down time.
Perform other duties as assigned.
Basic Qualifications
Bachelor’s degree
Minimum 2–3 years of professional experience in corporate finance, financial planning & analysis, investment banking, or related fields.
Preferred Qualifications
Bachelor’s degree in Accounting or Finance.
Superior written and verbal communication skills.
Strong analytical skills and proficiency with financial statement modeling.
Experience underwriting middle market cash flow transactions.
Ability to work in a fast‑paced environment with limited supervision.
Desire to evolve, seek constructive criticism, and continue to develop oneself.
High level of verbal and written communication skills to convey credit worthiness and recommendations.
Thorough knowledge of various software programs including Word and Excel, and ability to quickly learn additional systems/software.
Strong customer service orientation.
Pride in work products and ownership over meeting and exceeding quality expectations.
Strong business writing skills, concise, clear, and direct transfer of ideas and information.
Situationally appropriate interpersonal communication and behavior (internally and externally).
CFA or MBA.
Completion of a formalized credit training program.
Knowledge of leveraged finance transactions and structures (including senior secured debt, TLBs, high‑yield bonds, mezzanine).
Compensation Range
$63,000 - $124,000 per year (base salary). Actual compensation varies by location, experience, and education. This role is eligible for an incentive compensation plan and a comprehensive benefits package that includes health insurance, wellness program, life and disability insurance, retirement savings plan, paid leave, holidays, and PTO.
Workplace Type
Office. Certain positions outside the branch network may be eligible for a flexible work arrangement combining in office and work‑from‑home. Remote roles may have the opportunity to work in the office when needed.
Huntington’s Policies
Huntington will not sponsor applicants for immigration benefits. Applicants must be authorized to work in the United States on a full‑time basis.
Huntington is an Equal Opportunity Employer. Tobacco‑Free Hiring Practice applies.
Exempt Status
Exempt status: Yes (not eligible for overtime pay).
Note to Agency Recruiters
Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
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