Background: ABL at a BB.
As the title says, what type of 'Transaction Experience' should I list on my resume to best spin/highlight my experience if I want to lateral into a IB position or a MM credit fund/PE firm, if possible?
A majority of my time is spent on the portfolio side (working with existing borrowers) executing extensions to their credit facilities when maturity is coming up (are these worth mentioning at all?), simple revolver/term loan upsizes (either for growth/capex expansion reasons, small bolt-on acquisitions (like a few $MM) and sometimes larger 'transformational' deals. I've also been pulled in a few times to screen new deals which typically involves spreading/analysis of co. financials, full credit risk analysis, structuring key terms (I don't actually decide the terms, just discuss with my head underwriter and then I put it all into a memo which discussed with our risk committee) but the few that I've done didn't really go anywhere and were relatively small/simple deals (say, $<50MM revolver).
Modeling-wise, we don't build out 3-statements or do anything that complicated. Most 'complicated' modeling I do is probably debt repayment analysis (in a highly leveraged scenario, seeing how much our borrower is capable of paying back over a 7-year timeframe). Aside from that, it's just simple spreading of key income statement and cash flow line items for calculating FCCR, putting together cap tables and sources & uses tables which are fairly simple, and borrowing bases.