Junhyun Jeon

Experience

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  Citibank Seoul Branch

  Jun 2004 - Aug 2004

  Summer Internship

  Participated in Citibank Seoul Branch's post-merger integration with a Korean bank. Conducted a comparative analysis on the two banks' internal regulations in preparing for Citibank's comprehensive compliance practice

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  Deloitte Anjin LLC, Financial Advisory Services

  Mar 2008 - Jun 2011

  Consultant

  (1) Cashflow Analysis and Valuation Projects- Performed financial analysis, modeling, and industry analysis for a Korean tire manufacturer (2010). The analysis was accepted in the restructuring plan which enabled the client to secure its creditor’s financial supports including additional liquidity and adjusting terms and conditions of existing loans. - Conducted industry analysis and financial due diligence in a number of corporate restructuring projects for clients in construction (2009), paper manufacturing (2009) and shipbuilding (2009, 2010). (2) Other Projects - Conducted due diligence on a Korean bank’s 13,376 residential mortgage assets for securitization (2008 and 2009). Supported the client’s treasury managers for its securitization transaction worth $1,292 million. Show less

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  Deloitte Consulting

  Jun 2012 - Aug 2012

  Consultant (Summer Internship)

  Developed a long-term growth strategy for a Korean financial group, benchmarking 20 global and local banking groups' growth paths, identifying growth and synergy opportunities for the group's banking, securities, and consumer finance & leasing subsidiaries.

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  Deloitte Anjin LLC, Financial Advisory Services

  Jun 2013 - Jun 2016

  Manager

  (1) Cashflow Analysis and Valuation Projects- Conducted liquidation analysis and projected cash flow analysis for a number of distressed shipbuilding companies in Korea (2014 and 2015) and Vietnam (2016). Prepared the clients to settle debt obligations through formal bankruptcy process or negotiations and to secure profitable new shipbuilding contracts by reviewing their business plans. - Developed financial models for a Korean tire manufacturer’s 7 overseas subsidiaries (2014), analyzing the client’s historical performance in their regional market and assessing each subsidiary’s marketing plans. Enabled the client to exit from its creditor led corporate restructuring process. - Build a financial model for a distressed Korean construction company’s 30 domestic plant and overseas construction projects, assessing their feasibility through analyzing their contract terms, estimated construction costs and progress (2015). - Devised a financial restructuring plan for a Korean manufacturer of LCD panel parts (2015). As a project leader, performed scenario analysis on various options to improve its financial position by selling non-core assets, adjusting terms and conditions of their existing loans and secure equity investments. (2) M&A and Other Projects - Provided sell-side advisory services for a distressed Korean auto-parts company (2015). As a project leader, managed the deal process from preparing marketing materials based on due diligence to supporting the client’s negotiation with potential buyers. - Reviewed the feasibility of 3 shipping SPCs for a Korean investment company (2016, on-going). Build financial models where the client can see the SPCs’ debt servicing capabilities and risks from changes in interest rate, expected resale value, and time charter rates. Show less

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  EY

  Jun 2016 - now

  Senior Manager

  (1) M&A Advisory Projects- Performed financial due diligence on a global top-tier airline company in Korea, as the company’s sell-side advisor team. Not only reviewed the company’s historical financials, but also supported its entire M&A process by preparing materials for management presentations, break out sessions, investors’ due diligence, and other key deal events. (2019)- Conducted a preliminary commercial due diligence on a Korean shipbuilding company for a Korean PE firm. Analyzed the target’s addressable market size and competitiveness of its naval and commercial shipbuilding businesses, and suggested upside potential that can be realized by merging with other mid-sized Korean shipyards. (2019) - Performed financial due diligence on a Korean color steel plate manufacturer for a Korean PE firm during the PE’s buying process. Reviewed the company’s historical financial statements and operation data to find out potential deal issues, normalization items, and accounting adjustment items. (2018) (2) Cashflow Analysis and Other Financial Advisory Projects- Conducted valuation and feasibility studies for a number of Korean shipping companies during their capital raising process from Korean financial institutions (2018~2019)- Performed cash flow and financial viability analysis of a Korean shipbuilding company after diagnosis on its competitiveness in securing new contracts and reducing building costs. Prepared its creditor banks to devise exit plans to minimize additional losses. (2018)- Monitored a Korean shipbuilding company's financial and operational performance utilizing a number of agreed-upon KPIs, and informed its creditor banks about the company's status in a regular basis. (2016 ~ 2017) - Conducted projected cash flow analysis for shipbuilding companies in Korea and Philippines (2016 and 2017). Prepared the client and its creditor bank to develop a new guideline for shipbuilding contracts that suits the clients’ expected workload. Show less