ABS US Associate

Deutsche Bank; New York (NY); Hybrid; USD 140,000 - 170,000; Full time

Benefits offered by this job

Health benefits

Retirement plan

Parental leave

Family building

Educational resources

Matching gifts

Volunteer programs

Hybrid work model

Job summary

Deutsche Bank in New York is seeking a senior member of its Mortgage and Real Estate Finance team to lead origination, structuring, syndication and execution of ABS and asset finance transactions within the mortgage and real estate sectors. You will manage deal execution from client intake through documentation, risk management approvals, funding, and closing.

The role requires strong modeling, Excel/VBA skills, and solid knowledge of ABS/RMBS structures, with hybrid work in New York and

Qualifications

• Bachelor's degree in mathematics, statistics, science, engineering or computer science
• Experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS) structuring
• Extensive prior experience with collateral analysis and cashflow modeling
• Familiarity with transaction legal documents review and rating agency methodologies
• Excellent Excel skills; VBA coding a strong plus

Responsibilities

• Monitoring and reporting on warehouse risk exposure
• Obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting; portfolio analysis
• Cash flow scenario analysis; development of analytical modeling tools; determining securitization capital structure tranching and optimization
• Lead the preparation of securitization marketing materials; responding to investor due diligence requests

Skills

Excel skills

Cashflow modeling

ABS/RMBS knowledge

VBA coding

Education

Bachelor's degree in maths/stats/engineering/compsci

Tools

VBA

Job description

You will be a member of Deutsche Bank's Mortgage and Real Estate Finance team that is part of the broader Asset Backed Securities (ABS) Primary franchise. The role focuses on leading the origination, structuring, syndication and execution of ABS new issue and asset finance transactions in the mortgage and real estate sectors. In this role, you will be responsible for all aspects of deal execution from client acquisition to documenting credit facilities, approving asset fundings, risk managing the credit facilities and structuring, marketing, and closing associated securitizations.

What We Offer You

A diverse and inclusive environment that embraces change, innovation, and collaboration

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift and volunteer programs

What You'll Do

Monitoring and reporting on warehouse risk exposure

Obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting; portfolio analysis

Cash flow scenario analysis; development of analytical modeling tools; determining securitization capital structure tranching and optimization

Lead the preparation of securitization marketing materials; responding to investor due diligence requests

How You'll Lead

Interact with a broad range of internal and external transaction participants, including internal and external legal counsel, ABS investors, secondary trading, sales, research, rating agencies, internal risk management functions, trustees

Leverage personal industry relationships to drive new deals

Lead the acquisition and negotiation of credit facilities; lead transaction approvals with investment committee and credit risk management

Skills You'll Need

Bachelor's degree, preferably in mathematics, statistics, science, engineering or computer science is strongly preferred

Experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS) structuring

Extensive prior experience with collateral analysis and cashflow modeling

Familiarity with transaction legal documents review and rating agency methodologies

Excellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plus

It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $140,000 - $170,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

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