Position Overview:This individual will primarily be responsible for the day-to-day management of the Franchise Finance portfolio of Mitsubishi HC Capital America, Inc. (MHCA), but will also assist with similar portfolio management activities on the Sponsor Finance portfolio. Daily activities will be centered on the monitoring and management of the portfolio including the preparation of credit underwriting memos in support of amendments and modifications of existing credit facilities. Key areas of focus will be the management of credit risk, the monitoring of compliance, preparation of internal reporting, and the maintenance and monitoring of borrower relationships. This position will collaborate closely with the underwriting and sales teams.
Commitment to Internal Control:The incumbent must understand, abide, and uphold the system of internal controls related to the essential duties and responsibilities of the position.
Essential Duties and Responsibilities:- Compile weekly and monthly portfolio reports for the Franchise Finance portfolio and for assigned transactions on the Sponsor Portfolio.
- Prepare trend cards as needed and aid in the preparation and presentation of the quarterly portfolio reviews on a quarterly basis or more frequently as needed. This includes financial covenant trend analysis, past financial performance analysis and performance to plan (vs. base case from underwriting) analysis.
- Update of financial projections and enterprise value analysis as needed.
- Proactively identify adverse client trends and take necessary steps toward positive resolution and minimize credit loss exposure.
- Determine appropriate risk rating for each borrower while ensuring timely rating changes as needed.
- Perform the necessary due diligence in the preparation of credit underwritings in support of amendments, modifications, and extensions for existing transactions.
- Make recommendation to the VP Senior Credit Officer, SVP - Chief Credit Officer - Specialty Finance, EVP - Chief Credit Officer, and other senior management regarding transactions for approval under local delegation, or for their recommendation for approval by International Credit Division of MHC/Tokyo. Presentation to local Credit Committee as required.
- Attend bank meetings in person or via teleconference as needed.
- Coordinate with agent banks to confirm covenant and financial reporting is in accordance with loan document requirements.
- Assist with the underwriting of new business as needed.
- Manage Salesforce records and information files.
Management/Supervisory Responsibilities:Responsibility and Decision-Making Authority:- Credit assessment, structure, and transaction communication within company prepared guidelines.
- Control portfolio risk and mitigate loan loss to acceptable levels.
Qualifications:Knowledge, Skills, and Abilities:- Basic experience with cash flow finance transactions (acquisition finance, LBOs), experience with Franchise Finance a plus.
- Basic understanding of structuring, underwriting, and documentation practices elated to senior secured cash flow loans.
- Basic knowledge of corporate finance principles, including financial statement analysis, projection analysis and financial cash flow modeling (three statement models).
- Familiarity with reporting and financial covenants for senior secured cash flow loans.
- Strong computer software skills (Excel, Word, PowerPoint, Salesforce)
- Good interpersonal, organizational, verbal, and written communication skills.
- Team player with positive attitude who understands role and how it relates to overall company success factors and keeps commitment to others.
- Time Management: ability to organize and manage multiple priorities and complete on a timely and accurate basis.
- Have a clear understanding of MHCA's credit policies and operational procedures.
Competencies:- Thinking skills
- Analytical ability
- Ability to synthesize
- Problem-solving
- Communications
- Ability to transmit information
- Ability to listen
- Interpersonal Relationships
- Ability to work in a Team
- Technical and Professional
- Detail-oriented
- Ability to work independently
- Personal Qualities
- Action-oriented
- Resilient
- Adaptability
- Self-starter
- Entrepreneurship
- Business Acumen
- Client-oriented
Education and Experience:- BS in Accounting, Finance or Economics or equivalent experience.
- Formal credit training, with min. 1 year of experience in commercial lending, preferably in a portfolio management role.
- Alternatively, Masters Degree in Accounting or Finance with relevant internships in cash flow finance and portfolio management.
Licensing and Certification:Tools and Equipment Used: - Personal computer, copier, phone, and other typical office equipment
Working Hours:- Hours may vary and will require some evening work; frequently requires working 40-45 hours/week depending on business needs
Travel:- Occasional travel related to transactions and attendance at industry seminars.
Physical Demands:- Digital dexterity and hand/eye coordination in operation of office equipment
- Light lifting and carrying of supplies, files, etc.
- Ability to speak to and hear customers and/or other employees via phone or in person
- Body motor skills sufficient to enable incumbent to move from one office location to another
The job description does not constitute an employment contract, implied or otherwise, other than an "at will" relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.The position is exempt and the salary will be between $85,000 and $102,000 with an opportunity to earn a discretionary annual bonus.
The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.
Additional benefits:
- Medical, Dental, and vision plans
- 401(k) and matching
- Paid Time Off
- Company Paid Life Insurance
- Employee Assistance Program
- Training and Development Opportunities
- Employee Discounts
