Typical Day

There is no typical day, just typical responsibilities. The Associate Director's role is two-fold: (1) To support his/her Director in managing existing client relationships, take plant tours, review existing client performance on an annual/quarterly basis, keep current with client events and assist in new transactions; and (2) To take primary responsibility on smaller accounts and transactions. In addition, an Associate Director will research and market prospective clients.

Aside from the day to day responsibilities, an Associate Director will also have the opportunity to work on new deals or restructure existing deals. On average, and based on my experience, an Associate Director would see 2-3 new deals and 2-4 restructures per annum. Working on a new deal or restructuring can have tight time constraints and could lead to evening and weekend work. The type of work involved includes: building financial models, analysing financial statements, assessing company specific and industry risk, preparing written presentations that are submitted to the Bank's risk management group for adjudication, structuring loans, negotiating loan documentation and performing due diligence as required. Out of the office, we may entertain our clients by organizing various sporting activities (i.e. skiing and golfing), luncheons and dinners.