Associate - Financial Sponsors Group
Huntington Bancshares, Inc., New York, NY, United States
Description
The Financial Sponsors Group (“FSG”) is part of Huntington Capital Markets and provides a centralized coverage and origination function for the bank’s priority private equity clients and prospects. FSG works closely in partnership with corporate client coverage teams (Commercial Bank, Capstone) and commercial banking and capital markets product teams across the broader Huntington organization. FSG’s mission is to deliver the complete capability set of Huntington Bank, Huntington Capital Markets and Capstone to these private equity firms and their portfolio companies in pursuit of strong and profitable client partnerships.
The Associate, Financial Sponsors Group (“FSG”), plays an instrumental role in helping drive private equity client coverage, deal origination, deal execution and FSG organizational support working with senior bankers on the FSG team. The Associate is involved in all aspects of client activity and supports senior bankers in their efforts to deepen relationships and facilitate revenue generation with private equity sponsors.
Duties and Responsibilities
Client Interaction
Attend and contribute to pitch meetings and new business development discussions
Coordinate and attend conference calls and virtual meetings with clients to introduce capabilities, discuss active transactions and facilitate due diligence activities
Idea Generation
Identify proprietary and actionable ideas to potentially develop for private equity and portfolio company clients
Anticipate needs for upcoming meetings of senior bankers’ schedule and pipelines
Working knowledge of specific industry/products and demonstrate fluency in Capital Markets activities across products.
Identify potential transaction opportunities and complete comparable transaction analysis
Transaction Management
Coordinate cross-functional deal teams in scheduling, attending, taking notes and driving follow-ups on internal calls
Organize creation of deal memos and supporting analyses, performing financial analysis and due diligence
Manage analyst workflow potential and in-market transactions
Coaching & Developing Others
Organize work of junior team as needed, train new analysts and act as a consistent resource for junior team members
Participate in analyst recruiting and collaborate with senior team members on identifying and delivering analyst feedback.
Quality Assurance
Draft accurate work deliverables (CIMs, LP, pitches, internal approval memos) that demonstrate an understanding of the broad capital markets including M&A, DCM, ECM and bank products
Basic Qualifications
Bachelor’s Degree
FINRA Series 79, 63 or other necessary combination, obtained or to be obtained within 6 months of hire date
3+ years’ experience in investment banking or corporate finance
Preferred Qualifications
High energy and high integrity attributes, with a desire to build and grow as a key member of a fast-paced and critically important team within the Capital Markets and Commercial Banking organization
Excellent written and verbal communication skills with a proven ability to interact effectively across all organizational levels
Excellent attention to detail
Self-starter / intellectual curiosity
Progressive thinker and problem solver, with a strong ability to manage ambiguity/complexity
Work effectively in teams as well as independently across multiple tasks while meeting aggressive timelines in a fast-paced environment
Ability to embrace change, constructively negotiate constraints, and effectively leverage resources to create exceptional outcomes
Consistently model and inspire high levels of professional demeanor and integrity
Workplace Type
Office. 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.
Exempt Status
Yes
= not eligible for overtime pay
No
= eligible for overtime pay.
Compensation Range
$150,000 - $165,000 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).
Equal Opportunity Employer
Huntington is an Equal Opportunity Employer.
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The Financial Sponsors Group (“FSG”) is part of Huntington Capital Markets and provides a centralized coverage and origination function for the bank’s priority private equity clients and prospects. FSG works closely in partnership with corporate client coverage teams (Commercial Bank, Capstone) and commercial banking and capital markets product teams across the broader Huntington organization. FSG’s mission is to deliver the complete capability set of Huntington Bank, Huntington Capital Markets and Capstone to these private equity firms and their portfolio companies in pursuit of strong and profitable client partnerships.
The Associate, Financial Sponsors Group (“FSG”), plays an instrumental role in helping drive private equity client coverage, deal origination, deal execution and FSG organizational support working with senior bankers on the FSG team. The Associate is involved in all aspects of client activity and supports senior bankers in their efforts to deepen relationships and facilitate revenue generation with private equity sponsors.
Duties and Responsibilities
Client Interaction
Attend and contribute to pitch meetings and new business development discussions
Coordinate and attend conference calls and virtual meetings with clients to introduce capabilities, discuss active transactions and facilitate due diligence activities
Idea Generation
Identify proprietary and actionable ideas to potentially develop for private equity and portfolio company clients
Anticipate needs for upcoming meetings of senior bankers’ schedule and pipelines
Working knowledge of specific industry/products and demonstrate fluency in Capital Markets activities across products.
Identify potential transaction opportunities and complete comparable transaction analysis
Transaction Management
Coordinate cross-functional deal teams in scheduling, attending, taking notes and driving follow-ups on internal calls
Organize creation of deal memos and supporting analyses, performing financial analysis and due diligence
Manage analyst workflow potential and in-market transactions
Coaching & Developing Others
Organize work of junior team as needed, train new analysts and act as a consistent resource for junior team members
Participate in analyst recruiting and collaborate with senior team members on identifying and delivering analyst feedback.
Quality Assurance
Draft accurate work deliverables (CIMs, LP, pitches, internal approval memos) that demonstrate an understanding of the broad capital markets including M&A, DCM, ECM and bank products
Basic Qualifications
Bachelor’s Degree
FINRA Series 79, 63 or other necessary combination, obtained or to be obtained within 6 months of hire date
3+ years’ experience in investment banking or corporate finance
Preferred Qualifications
High energy and high integrity attributes, with a desire to build and grow as a key member of a fast-paced and critically important team within the Capital Markets and Commercial Banking organization
Excellent written and verbal communication skills with a proven ability to interact effectively across all organizational levels
Excellent attention to detail
Self-starter / intellectual curiosity
Progressive thinker and problem solver, with a strong ability to manage ambiguity/complexity
Work effectively in teams as well as independently across multiple tasks while meeting aggressive timelines in a fast-paced environment
Ability to embrace change, constructively negotiate constraints, and effectively leverage resources to create exceptional outcomes
Consistently model and inspire high levels of professional demeanor and integrity
Workplace Type
Office. 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.
Exempt Status
Yes
= not eligible for overtime pay
No
= eligible for overtime pay.
Compensation Range
$150,000 - $165,000 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).
Equal Opportunity Employer
Huntington is an Equal Opportunity Employer.
#J-18808-Ljbffr