What are the responsibilities and job description for the Asset-Backed Finance Associate, Lender Finance position at EverBank N.A.?
Asset-Backed Finance
Under the supervision of a senior banker, this role involves leading Asset-Backed Finance transaction deal teams in all aspects of new transactions, including pitching for new financing opportunities, leading the structuring and credit analysis of new loans, oversight of deal execution, managing credit requests, and working with senior credit officers for deal approvals.
Key Responsibilities and Duties
- Maintains and expands client relationships.
- Interacts with credit officers regarding client requests.
- Provides legal structuring and negotiation efforts for new loans.
- Participates in due diligence meetings.
- Works with team members to create pitches/term sheets.
- Supervises and mentors junior bankers.
- Provides collateral analysis and compliance tracking.
- Monitors and oversees financial performance and internal credit ratings of borrowers and limited partners.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 5 Years Required; 7 Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8IC
Preferred Qualifications
- 5-7 years direct experience at a financial institution, preferably in Specialty Finance or Lender Finance
- Experience supporting new transactions and leading due diligence on transactions through the review of financial statements, collateral analysis and valuation, and meetings with borrowers
- Ability to assist with the preparation of approval memos
- Experience assisting with on-going portfolio management activities including compliance with loan terms, updating financial information and ensuring proper risk ratings
- Experience assisting deal team activities and negotiations
- Strong understanding of credit concepts and collateral attributes including experience with financial modeling
- Strong analytical skills with the ability to assess loan risks and perform financial and cash flow modeling
- Ability to prioritize work, meet deadlines and achieve goals in a dynamic environment
- Excellent verbal, written, and interpersonal communication skills, including explanations of complex concepts
- Ability to travel up to 35% of the time
Posting End Date: 4/4/2025
Req Benefits:
EverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. Our comprehensive Total Rewards package provides choice and flexibility, respects differences, and embraces diversity.
- Medical, dental, vision & HSA/FSA
- 401(k) savings
- Paid holidays & generous PTO
- Tuition reimbursement
- Additional wellness & voluntary benefits
Compensation: $145,000 - $200,000
Additional Details :
EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.
EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.
VEVRAA Federal Contractor
Member FDIC
Salary : $145,000 - $200,000
