Principal Associate, Underwriter - Asset Backed Finance Group - Chicago

  • Company: Capital One
  • Location: Chicago, Illinois
  • Posted: October 16, 2016
  • Reference ID: R12728
77 West Wacker Dr (35012), United States of America, Chicago, Illinois

Principal Associate, Underwriter - Asset Backed Finance Group - Chicago


Assist in the origination, structuring, underwriting and closing of Asset-Backed Finance opportunities. Responsibilities include advancing potential financings through the credit approval process, cash-flow modeling of individual transactions, including sensitivity analysis and performing comparisons to other deals in the market.  Interact with management of potential borrowers as a part of the diligence and closing process for new transactions. Assist the portfolio management group in post-closing customer interaction and asset management, as necessary. Conduct company, industry, and product research.

Specific responsibilities include, but are not limited to:

  • Research ABS, industry and company information and produce market commentary;
  • Evaluate potential transactions to determine the quality of lending opportunities and appropriate transaction structure to maximize return on investment;
  • Identify specific merits, risks and mitigants for each transaction;
  • Perform due diligence including industry, company and financial analysis;
  • Perform internal deal screening, risk analysis, and pricing analysis and assist with the internal credit approval process;
  • Evaluate risk/return dynamics for proposed transactions;
  • Prepare internal memoranda for review and approval of new transactions;
  • Maintain detailed financial models; develop sensitivity analysis around key economic drivers; and
  • Maintain all operational aspects of a transaction from deal initiation to close.

Preferred Skills and Experience:

  • Experience in Finance, Banking and/or Lending.
  • Experience in both recourse and non-recourse lending preferred
  • Strong credit skills
  • Strong analytical and modeling skills
  • Progress toward CFA
  • Able to work in a team environment, while interacting with multiple teams and multiple deals concurrently
  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Strong written communication skills
  • Strong oral communication skills
  • Detail oriented
  • Familiarity with financial products available to financial institutions, including cash flow lending, bond issuance, secured recourse lending, non-recourse lending (i.e. securitization), mezzanine credit, hedging. 

Basic Requirements:

  • Bachelor's Degree or military experience

Preferred Qualifications

  • At least 3 years of capital markets experience or at least 3 years of banking experience

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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