Analyst Sr Syndications at City National Bank
New York, NY 10022, USA -
Full Time


Start Date

Immediate

Expiry Date

12 Nov, 25

Salary

60.64

Posted On

12 Aug, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Presentation Skills, Microsoft Office

Industry

Financial Services

Description

REQUIRED QUALIFICATIONS*

  • Bachelor’s Degree or equivalent
  • Minimum 2 years financial analysis experience
  • Minimum 2 years banking or financial services industry experience

ADDITIONAL QUALIFICATIONS

  • Must possess excellent verbal, written, and presentation skills
  • Proficient in Microsoft Office
  • Ability to work both independently and as part of a deal team
  • High degree of maturity and integrity with a positive and hardworking attitude
  • Attention to detail
  • Accounting or Financial classes helpful

ABOUT US

Since day one we’ve always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

Responsibilities
  • Stay apprised of market conditions and trends for various coverage units by reviewing market comps, reading industry news, researching syndicated loans on Bloomberg, speaking with other lenders, etc.
  • Current coverage units may include Specialty Banking, Entertainment, Real Estate, Commercial Banking and National Corporate.
  • Work on deal terms and help prepare syndications materials such as confidential offering memoranda, term sheets, lender presentations, financial models, and other marketing materials.
  • Assist in the preparation of internal credit memorandums and underwriting of syndicated transactions to develop credit analytic and loan structuring skills.
  • This includes conducting sensitivity/project analysis, gathering research and information on companies and industries, and developing distribution/syndication strategies.
  • Monitor CNB’s Agented loan portfolio.
  • Work with Syndications Managers and coverage units to continue ongoing portfolio management of Agented transactions post-closing, including maintaining ongoing Administrative Agency functions such as maintaining data sites, ensuring timely financial reporting, responding to lender information requests/questions, organizing annual lender meetings/calls, etc. (i.e. Agency Services).
  • Start building relationships and interacting with prospective syndicate banks, including local and regional banks, and bank loan syndications trading partners.
  • Compile, maintain, and monitor pricing and structural comps for broadly syndicated corporate transactions recently launched in the primary market.
  • Other responsibilities as required by Team Leader or Group Head.
  • Assist Syndication Managers in identifying prospective and existing customers in which a multi-bank debt financing solution is optimal.
  • Shadow Managers as they originate, structure and arrange CNB-led, multiple bank, revolving credit and term loan transactions that are consistent with the credit culture of the bank and reflective of current market conditions.
  • Focus on the development of credit analytics, loan structuring skills, sales/syndication skills.
  • Stay apprised of the current market conditions for each coverage sector by developing internal and external relationships with credit, coverage units, clients, prospects, legal counsel, and other lending institutions/trading partners.
  • Provide market feedback and advisory services on transaction structure and pricing to coverage units, credit, and other internal parties.
  • Develop relationships and support other CNB departments and colleagues to provide customers and prospects the solutions recommended.
  • Continue to assist in the ongoing portfolio management by providing post-closing agency services and acting as the primary liaison between the client and the lenders in the bank group.
Loading...