Northwest Savings Bank

Sr. Associate, Corporate Finance Underwriting

Northwest Savings Bank • $70K — $95K *
Columbus, OH 43230In-Person
Finance & Insurance
5 - 7 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field preferred
  • 5-6 years experience in Credit Underwriting within Corporate Finance
  • Ability to conduct in-depth qualitative and quantitative analysis
  • Proficient in financial statement analysis and forecasting
  • Experience in credit structuring and risk assessment

Responsibilities

  • Prepare detailed credit memorandums for complex lending relationships
  • Conduct comprehensive financial analysis of client statements
  • Recommend loan structures and covenant definitions
  • Identify and assess credit strengths and risks
  • Monitor ongoing portfolio risk and suggest actions accordingly
  • Collaborate on client meetings with Relationship Managers
  • Ensure compliance with relevant regulations and internal policies

Benefits

  • Opportunities for professional development and growth
  • Dynamic work environment with a focus on teamwork
  • Inclusion in complex underwriting processes with direct client contact
  • Exposure to macroeconomic analysis and market conditions
  • Supportive management that values credit underwriting expertise
Full Job Description
OH0713 NW Bancshares HQ

Job Description

The Corporate Finance Senior Associate serves as the primary underwriter for complex relationships in the large corporate and middle market portfolio for Northwest Bank. The ability to independently perform highly in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels is required. The Senior Associate is expected to design and recommend credit structures to senior leadership which align with the needs of the clients and the risk appetite of the Bank. Regular client contact will occur as part of the underwriting and portfolio management duties. Where Northwest Bank is the lead agent, the Senior Associate will be involved in the preparation of loan syndication market materials and other supporting documentation and may participate in sell-side activities.

Essential Functions
  • Prepare detailed credit memorandum for complex lending relationships
  • Complete comprehensive analysis on client financial statements
  • Recommend proper loan structure, including appropriate covenant formulas and definitions
  • Identify credit strengths, weaknesses, risks and mitigating factors
  • Determine the required scope for underwriting and due diligence based on client risk profile
  • Participate in joint calls with Relationship Managers
  • Maintain a working knowledge of macroeconomic factors affecting national and global markets
  • Identify and track loan and credit policy exceptions
  • Monitor ongoing risk in the assigned portfolio and recommend proactive action if necessary
  • Prepare annual or quarterly reviews for relationships within the portfolio, as required
  • Recommend and defend appropriate risk ratings
  • Review and negotiate legal documentation with outside bank counsel
  • Develop financial statement forecasts and enterprise valuations
  • Ensure compliance with Northwest's policies and procedures, and Federal/State regulations
  • Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
  • Work as part of a team
  • Work with on-site equipment


Education:
  • Bachelor's degree in Finance, Accounting, or other business-related field preferred


Work History:
  • 5 - 6 years Credit Underwriting in the Corporate Finance sector preferred


About Northwest Savings Bank

Northwest Savings Bank is a full-service community bank offering a complete line of banking products and services. The bank has over 170 locations in Pennsylvania, New York, Ohio, and Maryland. Northwest Savings Bank was founded in 1896 and is headquartered in Warren, Pennsylvania. The bank offers personal and business banking services, including checking and savings accounts, loans, mortgages, and credit cards. Northwest Savings Bank is committed to providing excellent customer service and supporting the communities it serves.
Learn more about Northwest Savings Bank
Size
1,700 employees
Industry
Finance & Insurance
* Ladders Estimates

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