The Capital Markets Team structures, syndicates and executes transactions for middle market and upper middle market companies. Capital Markets provides a variety of customized first lien, mezzanine, second lien and / or unitranche financing solutions for private equity-backed borrowers. The team’s robust distribution capabilities expand from relationship-oriented middle market lenders consisting of banks, finance companies and broadly syndicated loan asset managers.
Position Responsibilities
This role will be responsible for working with senior staff to assist in structuring, syndicating and executing transactions in the middle market, upper middle market and broadly syndicated debt markets. Primary duties and responsibilities include, but are not limited to:
Leveraged Loan Structuring and Syndication
- Assisting in the deal structuring and syndication process by participating in management meetings, internal deal team calls, modeling cash flows and determining industry and EBITDA size appropriate comparable transactions
- Compiling and organizing debt comparables requests from the Underwriting Team
- Preparing Capital Markets’ material submitted to Screening Committee or Investment Committee with appropriate back-up material and analysis
- Assisting the Leveraged Finance Team with (i) the creation of Confidential Information Memorandums (CIM), Lender Presentations (LP) and Rating Agency Presentations (RAP) and (ii) responding (both written and verbally) to lender questions for deals in market
- Supporting the monitoring of Golub Capital’s current Administrative Agencies by posting financials and other bank group notifications along with processing amendments / waiver requests
- Participating in negotiating grids and commitment papers for middle market and broadly syndicated transactions and become proficient in key capital markets components of credit agreements and inter-creditor agreements
- Working with Originators on marketing pitches for existing and prospective sponsors
- Continuously updating comparable deal database and contribute to the team’s monthly loan market update
- Capturing and tracking key performance indicators specific to the Capital Markets Team including quarterly reporting and Limited Partner co-investments
- Performing independent research on companies and industries
Marketing / Industry Network
- Developing industry expertise by reviewing new deals, reading research reports, talking to investment bankers and attending industry conferences
- Developing and maintaining peer level relationships with other investors and industry analysts
- Ascertaining market intelligence as it relates to specific deals under evaluation or valuable trends to help us assess future business
- Participating in marketing events
Candidate Requirements
Qualifications & Experience:
- Bachelor’s degree or equivalent education required
- 1-3 years of experience in a leveraged finance, investment banking or commercial banking environment
- Strong analytical, financial modeling and research skills
- Familiarity with the merger & acquisition and syndication process (structuring and / or distribution) preferred but not required
- Strong work ethic, ambitious and dependable
- Organized and thorough with exemplary follow through
- Meticulous, detail-focused and consistently accurate
- Excellent interpersonal and communication skills (written and verbal)
- Comfort in forging new relationships with internal and external constituents
- Ability to work well within small team and meet short deadlines
- Ability to multi-task and appropriately prioritize demands in fast-paced environment
- Awareness of own limitations and knowledge of when to ask questions
- Proficient in Excel, Word, PowerPoint and other software
- Abide by our work-in-office policies then in effect
Critical Competencies for Success:
Our Gold Standards Model defines key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.
- Leadership: Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome.
- Achieving Results: Role models in this area are high achievers who develop careful plans and deliver consistently and effectively. They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow.
- Personal Effectiveness: Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances.
- Thinking Critically: Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance.
The department-specific competencies definethe knowledge, skills and abilities that are needed to successfully perform the functional or technical work of this role.
- Deal Execution: Evaluates, structures and executes investment opportunities and transactions.
- Relationship Management:Establishes, develops and manages internal and external relationships.
- Portfolio Management: Actively monitors portfolio companies to identify risks and opportunities that may impact overall performance.
- Risk Management:Demonstrates credit acumen by leveraging tools and analyses and interpreting due diligence findings to guide decisions while balancing risks and rewards.
- Financial Analysis:Uses financial analyses to generate insights and support fact-based decision making.
- Competitive Positioning:Demonstrates knowledge of the Firm's capabilities, the Firm’s position in the industry, competitors’ capabilities and end markets. Recognizes implications of knowledge on Firm’s positioning.
- Legal Documentation: Demonstrates knowledge of legal documentation, processes and procedures.
Compensation & Benefits
For New York Only: It is expected that the base salary range for this position will be $150,000 to $160,000 for an Analyst and $170,000 to $185,000 for an Associate. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.
Golub Capital is an Equal Opportunity Employer.