Aviation – Structured Finance
This Aviation Finance Company based in the UK provides a global finance function serving the commercial aircraft industry. With a significant customer base they are well known by many airlines and aircraft leasing companies worldwide.
The company is seeking a structured finance professional with prior experience in the structuring and negotiation of Aviation Finance transactions.
The Role:
The team members each manage the customer accounts for a specific geographical region. They will manage the relationships and transaction from cradle to grave from the finance perspective. Ultimately, the individual will be expected to be comfortable operating between asset classes and any of the major global debt markets. Average transactions are cross-border, between US$100m and US$200m in size.
Key Responsibilities:
· Structuring, pricing, negotiation and contracting of finance commitments.
· Negotiating internal approval of such financial commitments.
· Origination, negotiation and execution of required debt and equity participations in order to fulfil the contracted commitments.
· Sourcing and management of internal and external parties to ensure transactions close in a timely manner (legal, accounting, tax, technical etc).
· Management, compliance and reporting of the ongoing contingent liabilities resulting from any commitment or transaction within the portfolio.
Experience:
The candidate should be able to demonstrate or develop the following:
· A proven track record in the aviation finance or aircraft / engine leasing industry at a hands on structuring level. An understanding of the commercial and market trends that drive the industry.
· Knowledge of the financial products generally used in commercial aviation.
· Knowledge of and relationships with the main financial institutions that deal in secured asset finance, with a focus on commercial aviation.
· The ability to negotiate contracts at a board level with a detailed knowledge of asset finance transactions.
· Proactive management of the portfolio to identify exposures and reduce risk.
The position will require regular travel to meet with customers mainly within EMEA but may require other geographical coverage. It is a hands on position that will require the successful individual to handle all aspects of the deal.
The package will be negotiated and tailored to the selected individual.
All applications are treated in the strictest confidence!
Interested to apply or learn more about the position? Please send your CV or enquire to Keith Garry Tel: +353 86 8233084 Email: keith@aircraftleasing.ie
For information on other positions in the aircraft leasing and aviation finance industry please view www.aircraftleasing.ie
Monday, February 8, 2010
Thursday, February 4, 2010
Dublin AirFinance Conference – What did you think!!
Dublin AirFinance Conference – What did you think!!
This year seemed to me a marked improvement on last year’s conference in terms of the mood and the turn out.
The industry appears excited about the new lessors entering the market and the strong presence of the Chinese Financial Institutions who appear to be gaining momentum in foreign investments. It is rumoured that some of the Chinese backed lessors will establish operations in Europe over the coming year!! Some think that the lead in time for the new lessors to start making a positive effect in the market will be 6 -12 months.
From talking to a number of clients during the conference there appears to be a number of people who have secured new equity and ready to invest. Some will take the approach of 100% equity deals while others will be more reliant on debt to secure transactions.
Although debt is still not readily available I was pleased to hear of 2nd and 3rd tier lessors securing debt over the past 12 months.
One of the not so good news pointed out that the number of financial institutions in the aviation finance industry has significantly dropped (nothing we didn’t know). Players now need to work harder to secure debt and will have to pay more for it. How long will this last? Who knows?
Overall the shakeup of the industry over the last 12 months has left those still standing relieved that their business models have survived and ready to embrace the long awaited upturn. The mood from the platforms up for sale is that it will be a long process.
Please feel free to share your thoughts and findings with the rest of the group!
Keith Garry
I look forward to seeing some of you at the upcoming ISTAT Conference in Orlando
www.aircraftleasing.ie
This year seemed to me a marked improvement on last year’s conference in terms of the mood and the turn out.
The industry appears excited about the new lessors entering the market and the strong presence of the Chinese Financial Institutions who appear to be gaining momentum in foreign investments. It is rumoured that some of the Chinese backed lessors will establish operations in Europe over the coming year!! Some think that the lead in time for the new lessors to start making a positive effect in the market will be 6 -12 months.
From talking to a number of clients during the conference there appears to be a number of people who have secured new equity and ready to invest. Some will take the approach of 100% equity deals while others will be more reliant on debt to secure transactions.
Although debt is still not readily available I was pleased to hear of 2nd and 3rd tier lessors securing debt over the past 12 months.
One of the not so good news pointed out that the number of financial institutions in the aviation finance industry has significantly dropped (nothing we didn’t know). Players now need to work harder to secure debt and will have to pay more for it. How long will this last? Who knows?
Overall the shakeup of the industry over the last 12 months has left those still standing relieved that their business models have survived and ready to embrace the long awaited upturn. The mood from the platforms up for sale is that it will be a long process.
Please feel free to share your thoughts and findings with the rest of the group!
Keith Garry
I look forward to seeing some of you at the upcoming ISTAT Conference in Orlando
www.aircraftleasing.ie
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