Job Detail

Senior Deal Manager, Asset Based Lending - Siemens
New York, NY
Posted: Jul 20, 2024 00:19

Job Description

Job Family: Finance

Req ID: 428832

Are you looking for a company that empowers talent?

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation!

From Day 1, you are empowered to create an impact with your full potential and creativity to make a difference for tomorrow.

We truly have an inclusive and diverse team culture where you can be yourself. Our extensive global presence offers a diverse range of career opportunities across various industries, nations, and job domains, empowering our workforce to continuously enhance their skills and stay competitive.

Create a better tomorrow with us!

The Corporate Lending business of Siemens Financial Services, the Finance division of Siemens AG, is a well-established provider of debt capital through private equity sponsor and corporate channels. We are actively seeking a seasoned credit professional with a track record executing acquisition, recapitalization, restructuring, leveraged buyout and refinancing transactions for Lower Middle Market businesses. The candidate will be the Risk leader of a deal team executing financing opportunities throughout the underwriting, credit approval, and documentation and closing processes. The candidate will be responsible for account management activities and will be instrumental in the development of strategy within this business segment

For further information, please visit: http://www.siemens.com/businesses/us/en/financial-services.htm

We are looking for Senior Deal Manager - Broadly Syndicated Finance with a focus on Asset Based Lending with the position located in New York City, Norwalk, CT or Iselin, NJ areas.

You will make impact with the following responsibilities:

  • Drive execution of Asset Based Lending transactions, including due diligence, borrowing base analysis identification of all relevant risks and mitigating factors, development of a coherent investment rationale, and presentation of the ultimate credit approval request.

  • Responsible for the structuring and documentation of debt transactions, including liaising with both the internal and external counsel to ensure the effectiveness and compliance of all proposed structures.

  • Maintain continued oversight of Asset-Based Lending portfolio companies, including delivery of proactive recommendations and managing amendment and/or restructuring processes. Maintain regular contact with internal teams to ensure a smooth execution process. Work with portfolio management team to assign appropriate traffic lights to each borrower.

  • For any workout accounts, the candidate will work collaboratively with the Workout Manager to formulate and execute a coherent strategy to maximize recoveries as well as develop credit hit recommendations.

  • Maintain regular contact with both internal and external teams to ensure a smooth execution to maximize recovery. Internal teams will include accounting, loan operations, risk controlling and legal. External teams will include outside counsel and financial advisors.

  • Collaborate with Originations to drive Siemens Proximity to portfolio companies

  • Supervise and develop analysts

  • Ensure compliance with Siemens internal reporting requirements

You'll win us over by having the following qualifications:

Basic Qualifications:

  • BA/BS in finance, economics or accounting

  • 12+ years of credit analysis

  • 8+ years of experience with the following:

  • Recent Asset Based Lending execution

  • Completion of credit training from a large international investment bank or a smaller institution.

  • Deep knowledge of asset-based lending structures, legal nuances, as well as financial

  • Working as a member of a fast-paced, transaction-oriented deal team.

  • Excellent communication skills and ability to work with tight deadlines.

  • Solid professional writing skills, particularly in preparation of credit memos and relevant documents and announcements.

  • Willingness to travel

  • Ability to work in the United States without sponsorship now or in the future.

You'll benefit from:

  • Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html

  • The pay range for this position is $188,400 - $323,000 along with a generous incentive bonus structure. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.

Create a better #TomorrowWithUs

About Siemens:

We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.

Our Commitment to Diversity, Equity, and Inclusion:

We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here (https://www.siemens.com/us/en/company/environmental-society-governance/diversity.html) .

Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Reasonable Accommodations

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form (https://www.siemens.com/us/en/company/jobs/search-careers/accommodation-for-disability.html) If you're unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) .

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

California Privacy Notice

California residents have the right to receive additional notices about their personal information. To learn more, click here (https://new.siemens.com/us/en/general/legal/us-internet-privacy-notice-state-rights.html) .



Job Detail

  • Location:
    New York, NY
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Company Overview

Siemens

New York, NY