Associate - Transaction Advisory Services (Lender Services)

Confidential Company  •  Atlanta, GA

5 - 7 years experience  •  Security Services

Salary depends on experience
Posted on 12/14/17
Atlanta, GA
5 - 7 years experience
Security Services
Salary depends on experience
Posted on 12/14/17

Description

Financial Advisory Services – Transaction Advisory Services (TAS) Lender Services

Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial advisory practices. Our transaction expertise and leadership in the field of due diligence inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. Our stability, integrity, technical leadership, and global capabilities make us a trusted advisor for clients worldwide, across a wide range of services, including: Transaction Advisory Services, Transaction Opinions, Forensic Services, Portfolio Valuation & Advisory Services, and Strategic Consulting. We team closely with our corporate finance and restructuring colleagues across all our industry platforms, on a variety of projects and accounts.  

Scope

Our Transaction Advisory Services (TAS) practice is looking to add talented financial professionals at the Associate level to our fast growing Lender Services team.  As a professional in the national group, you will be teamed with a highly talented and dedicated group of M&A and Credit Diligence professionals, providing you broad exposure to different transactional issues affecting businesses within the finance market today. We offer a unique opportunity to work in a variety of industries on an investment banking platform, providing exposure to the broader corporate finance industry and capital markets. You will develop and extend your financial and interpersonal skills as you perform diligence procedures related to the capital structures of private and public companies.

Responsibilities

  • Participate in lender diligence engagements including debt originations and refinancing credit diligence for both regulated and unregulated lenders
  • Must have the ability to handle multiple assignments simultaneously
  • Assist in leading discussions with senior client executives and borrower management
  • Execute and review diligence through fieldwork, management meetings and desktop review
  • Review target company financial information and other data to identify:
    • credit risks that could negatively impact the lender’s recovery of capital
    • debt service capabilities of the borrower
    • collateral coverage of first lien assets – borrowing base (as applicable)
    • quality of earnings, including distinguishing between lender allowable adjustments and non-bankable adjustments
    • historical and projected financial and operating and commercial trends, and
  • working capital and net debt considerations
  • Draft and review tailored lender diligence reports specific to key issues such as credit profile and risk, normalized earnings, achievability of management’s budget, and post-transaction working capital analysis 
  • Develop recovery waterfalls in refinance, asset liquidation, and enterprise sale scenarios
  • Develop and review financial models including database systems
  • Oversee and summarize first generation research
  • Extend industry skills and qualifications
  • Develop professional network and relationships with firm, client and target professionals
  • Oversee audit work paper review
  • Review transaction agreements, customer and supplier contracts and develop valuation considerations
  • Assist in initiating and extending group marketing and client development efforts
  • Collaborate closely with corporate finance, valuation and financial restructuring colleagues

Qualifications

  • The ideal candidate will be highly motivated with an exceptional work ethic, and have a demonstrated ability and desire to work cooperatively with team members and client professionals
  • Demonstrated professional achievement and client service excellence
  • A minimum of 5 years of advisory experience with a national advisory firm, bank, or non-regulated lender, providing diligence or underwriting services on debt originations or refinancing
  • Understanding of credit risks impacting leveraged and asset based lenders in senior and junior debt positions and appropriate mitigants to those risks
  • CPA is strongly preferred
  • Industry concentration is encouraged
  • Demonstrated understanding and application of capital markets and valuation concepts
  • Strong current knowledge of US Generally Accepted Accounting Principles
  • Working understanding of common transaction tax related matters
  • Strong analytical abilities
  • Working knowledge of financial reporting packages (Oracle, SAP, JD Edwards, etc.)
  • Exceptional verbal and written communication skills
  • Strong command of Microsoft Excel, PowerPoint and common database systems
  • Ability and desired willingness to travel

Equal Opportunity Employer M/F/D/V

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