Associate II Capital Markets

Description

Citizens Capital Markets Group is seeking an experienced Associate to support the team’s senior professionals in originating, structuring, and executing debt capital markets transactions to support acquisitions, leveraged buyouts, dividend recapitalizations, restructurings, and short/long term refinancing’s. The Associates responsibilities will require significant transaction involvement, from origination through closing, and the ability to work on multiple projects and transactions concurrently. The Associate will play a critical role on deal teams and coordinating projects and will interact directly with Managing Directors, senior management, other groups within Citizens, client management teams, private equity firms, legal counsel, and professionals at other banks. 

Key Tasks and Responsibilities of the role include, but are not limited to:

• Working with Managing Directors to develop new business ideas, pitch strategies or transaction financing scenarios to help corporate clients and financial sponsors achieve their financial and strategic objectives
• Performing extensive financial statement modeling for a variety of transaction scenarios
• Conducting comprehensive company and industry research
• Analyzing financial model output and client information to prioritize data and present conclusions for discussion purposes
• Coordinating with Managing Directors to provide indicative transaction structure and pricing guidance based on financial model and comparable transaction analysis
• Preparing pitch materials for client meetings
• Supporting Portfolio / Relationship Managers in transaction screening and credit / underwriting approval meetings to provide detailed overviews on clients and transactions and offer market insights and advice
• Playing a key leadership role throughout the transaction execution process
• Participating in accounting, business, and legal due diligence (with drafting sessions for public offerings)
• Working with legal counsel and clients / financial sponsors to draft and negotiate all legal documentation
• Working with sales distribution team to develop syndication strategies with targeted investor lists and populate and manage data room information and access
• Preparing detailed transaction marketing materials including confidential information memoranda and lender presentations
• Organizing Ratings Agency Meetings, Lender Meetings, and Investor Roadshows for private and public debt offerings
• Coordinating with sales distribution team to answer lender due diligence questions
• Assisting clients, internal operations team, and investors through the closing process
  

Qualifications

General requirements include:

• Ability to function as part of a flat organization, manage several projects at once and work effectively as an individual and as part of multiple teams
• Excellent oral and written communication skills with the ability to express ideas in a persuasive, organized, and articulate manner
• Ability to follow-up independently and consistently and play the critical role as the project manager on most assignments
• Demonstrated aptitude for quantitative and qualitative analysis with a solid understanding of financial statements, financial modeling and company or industry analysis
• Self-starting team player who can think strategically and excel in a fast-paced, entrepreneurial, challenging work environment
• High degree of maturity and integrity with a positive and hardworking attitude
• Excellent attention to detail
• Ability to immediately contribute to the group based on experience and help to transfer best practices and knowledge

Background qualifications include:

• Undergraduate degree with a strong academic record from a leading university. All concentrations considered given level of industry experience
• MBA a strong plus
• Attendance in a formal investment or corporate banking training program preferred, but not required
• Minimum 5 years direct experience with proven client interaction in Debt Capital Markets, Loan Syndications, High Yield, Leveraged Finance, M&A, Mezzanine Debt, or Equity Capital Markets transaction experience
• Full command of Microsoft Word, Excel, and PowerPoint along with related financial services software including S&P Capital IQ, S&P Leveraged Commentary, Advantage Data, Bloomberg, Thomson One, Thomson Loan Pricing Connector, FactSet, etc.
• FINRA Series 79 (or 7) and Series 63 and /or willingness to obtain licenses in a short timeframe

Hours and Work Schedule
Hours per Week:  40+
Work Schedule:  Monday - Friday