Audit & Assurance | Securitization - Senior Consultant

Deloitte Development LLC; Haryana; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Deloitte is seeking a Senior Consultant in the Securitization domain in HYD/GGN. You will work on RMBS, CMBS, and ABS, performing cash flow analyses, due diligence, and model support with US/EMEA exposure. Equity with cross-functional teams and client communication are key parts of the role.

The role requires an MBA in finance with 4–6 years of experience in financial services, strong Excel/VBA skills, and familiarity with offering documents and legal instruments.

Qualifications

• MBA finance background and/or 4 to 6 years' experience in financial services with exposure to US or EMEA structured products industry.
• Proficient with Microsoft Office products (Excel, Word, Access), VBA and industry system platforms such as Bloomberg and INTEX.
• Good understanding with cashflows generated by various assets viz. Fixed Rate Mortgages, Adjustable-Rate Mortgages, Credit Card, Student Loans, Auto Loans etc.
• Well versed in interpretation of legal documents such as offering memorandums, offering circulars, indentures and private placement memorandums.

Responsibilities

• Recalculate and analyze asset cash flows, tranche payments, and investor analytics using proprietary tools and Excel.
• Analyze results, identify discrepancies, ensure compliance with transaction offering documents.
• Review and abstract information from offering and legal documents (Indentures, Offerings, Private Placement Memorandums).
• Conduct due diligence on underlying assets (CMBS, RMBS, ABS).
• Recompute statistical attributes, stratification tables, and pool percentages using asset-level data.

Skills

Excel

Word

Access

VBA

Bloomberg

INTEX

Education

MBA finance background

Tools

Bloomberg

INTEX

Job description

Senior Consultant, Secured Transactions and Support

About

At Deloitte, we do not offer you just a job, but a career in the highly sought-after Securitization field. A truly effective internal auditing capability is an essential dimension of any organization’s risk management structure. We work with a vision to make the world more prosperous, trustworthy, and safe.

Our Audit & Assurance services professionals help organizations effectively navigate business risks and opportunities—from strategic, reputation, and financial risks to operational, cyber, and regulatory risks- to gain competitive advantage. We apply our experience in ongoing business operations and corporate lifecycle events to help clients become stronger and more resilient. Our market-leading teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in their industries. Working in Audit & Assurance at Deloitte US-India offices has the power to redefine your ambitions.

Work you’ll do

As a Senior Consultant, you will be part of Deloitte's Audit and Assurance business group, specifically within the Securitization team. You will work with diverse teams of professionals to provide services in Securitization domain supporting various asset classes including Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS) and Asset Backed Securities (ABS), to perform reviews on asset due diligence, collateral analysis and cashflow analytics. You will collaborate with professionals with varied backgrounds and diverse experience in transaction modeling, pricing, valuation, and recalculations of various payments involved and relevant portfolio tests

• Recalculate expected asset and security cash flows, tranche payments, and investor analytics (e.g., declining balance tables, weighted average lives, pre-tax yield to maturity) using proprietary tools and Excel for various product types and economic scenarios.
• Analyze results, identify discrepancies, and ensure compliance with transaction offering documents.
• Perform thorough reviews and abstraction of critical information from offering and legal documents (e.g., Indentures, Offering Circulars, Private Placement Memorandum, Credit Agreements, Private Rating Letters, Rate Reset Notices etc.).
• Conduct due diligence on underlying assets involved in the transaction (CMBS, RMBS & ABS).
• Recompute and analyze statistical attributes, stratification tables, and pool percentages using asset-level portfolio data and collateral analysis systems.
• Develop, maintain, and roll forward securitization models; assist with Agreed Upon Procedures Report issuance and project deliverables.
• Perform a thorough review of the various offering documents related to a transaction
• Collaborate closely and communicate regularly with US engagement teams, including drafting review summaries and client correspondence.
• Build and maintain strong client relationships through professional interactions.
• Develop subject matter expertise in specific asset types and stay informed on current market trends.

The team

Our team culture is collaborative and encourages team members to take initiative and seek on-the-job learning opportunities. Our professionals help clients turn insight into foresight by exploiting technology- enabled methodologies and innovation to deliver results with more accuracy, efficiency, and value. Advising clients on process efficiency, fraud detection, operational quality, internal control, and regulatory compliance, we help to reveal greater insights for improved operations and decision-making today, tomorrow, and well into the future.

Location: HYD, GGN

Shift Timings: Regular

Qualifications - MBA finance background

Required

• MBA finance background and/or 4 to 6 years' experience in financial services with exposure to US or EMEA structured products industry.
• Proficient with Microsoft Office products (Excel, Word, Access), VBA and industry system platforms such as Bloomberg and INTEX.
• Good understanding with cashflows generated by various assets viz. Fixed Rate Mortgages, Adjustable-Rate Mortgages, Credit Card, Student Loans, Auto Loans etc.
• Well versed in interpretation of legal documents such as offering memorandums, offering circulars, indentures and private placement memorandums.

• Prior Big 4 Accounting Firm or relevant working experience in the following industries is an advantage:
• Mortgage and asset-backed securities
• Investment or Mortgage Banking
• Fixed income investments
• Rating Agency
• Mortgage Servicer
• Collateral Management or Administrator
• Exposure to team handling aspects like performance management, recruitment support, deliverable management and identifying improvements in proprietary tools or processes.
• Should be a go-getter and have strong organizational, communication skills, analytical skills, problem-solving skills, and high attention to detail.