AVP, Securitisation Ops – Mortgage & ABS Execution

Bank of America; Sydney; On-site; AUD 120,000 - 160,000; Full time

Job summary

Bank of America is seeking an Assistant Vice President to support mortgage and asset-backed securitisation execution, lifecycle events, and governance. The role focuses on reporting, reviewing, and processing securitisation transactions, ensuring quality service and efficient operations for internal partners and external clients.

Key responsibilities include managing securitisation trusts, ensuring compliance with covenants, coordinating with trustees and servicers, and meeting SLAs.

Qualifications

• Experience supporting securitisation transactions and governance.
• Strong data collection, analysis and reporting capabilities.
• Excellent attention to detail and ability to monitor compliance and SLAs.

Responsibilities

• Contributes to the Loan Operations team as an individual contributor.
• Accountable for operational activities across RMBS and ABS securitisation structures.
• Assists with daily operations of securitisation trusts in line with transaction documentation.
• Monitors compliance with triggers, covenants and regulatory obligations across RMBS and ABS structures.
• Oversees funding requirements, ensuring adherence to facility terms and liquidity obligations.
• Prepares and validates pool cut data, servicer reporting, and pool analysis.
• Reviews cash flow distribution waterfall calculations for accuracy.
• Liaises with clients, trustees, servicers and counterparties to support transaction execution.
• Adheres to internal deadlines and external SLAs.
• Identifies and escalates exceptions, breaks or risks in operational processes and reporting.

Skills

Data collection

Active listening

Adaptability

Attention to detail

Reporting

Account management

Collaboration

Customer service management

Job description

Bank of America is seeking an Assistant Vice President to support mortgage and asset-backed securitisation execution, lifecycle events, and governance. The role focuses on reporting, reviewing, and processing securitisation transactions, ensuring quality service and efficient operations for internal partners and external clients.

Key responsibilities include managing securitisation trusts, ensuring compliance with covenants, coordinating with trustees and servicers, and meeting SLAs.