ABS US Associate

Deutsche Bank AG; Town of Columbus (NY); Hybrid; USD 140,000 - 170,000; Full time

Benefits offered by this job

Health benefits

Retirement savings plan

Parental leave

Volunteer days

Job summary

Deutsche Bank AG in New York seeks an ABS US Associate to lead origination, structuring, syndication and execution of ABS and asset finance transactions. You will manage deal execution from client acquisition to documentation, risk management, structuring and closing securitizations.

The role demands strong modeling, collateral analysis and market knowledge, with a hybrid work model in NYC. Collaboration with internal/external counsel, investors and rating agencies is essential.

Qualifications

• Bachelor’s degree in mathematics, statistics, science, engineering or computer science is strongly preferred.
• Experience in ABS/RMBS structuring.
• Extensive experience with collateral analysis and cashflow modeling.
• Familiarity with transaction documents review and rating agency methodologies.
• Excellent Excel skills; VBA coding a strong plus.

Responsibilities

• Monitor and report on warehouse risk exposure.
• Obtain internal risk management approvals (credit, legal, regulatory, accounting).
• Perform cash flow scenario analysis; develop analytical modeling tools; determine securitization capital structure and optimization.
• Lead preparation of securitization marketing materials and respond to investor DD requests.
• Interact with internal/external counsel, investors, rating agencies, risk management, and trustees.
• Lead acquisition and negotiation of credit facilities; coordinate with investment committee.

Skills

Cash flow modeling

Financial modeling

Credit risk analysis

Securitization knowledge

Market analysis

Education

STEM degree

Tools

Excel

VBA

Job description

Job Description:Job Title ABS US AssociateCorporate Title AssociateLocation New York, NYOverviewYou 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 YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You’ll DoMonitoring and reporting on warehouse risk exposureObtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting; portfolio analysisCash flow scenario analysis; development of analytical modeling tools; determining securitization capital structure tranching and optimizationLead the preparation of securitization marketing materials; responding to investor due diligence requestsHow You’ll LeadInteract 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, trusteesLeverage personal industry relationships to drive new dealsLead the acquisition and negotiation of credit facilities; lead transaction approvals with investment committee and credit risk managementSkills You’ll NeedBachelor’s degree, preferably in mathematics, statistics, science, engineering or computer science is strongly preferredExperience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS) structuringExtensive prior experience with collateral analysis and cashflow modelingFamiliarity with transaction legal documents review and rating agency methodologiesExcellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plusExpectationsIt 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.Deutsche Bank BenefitsAt Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/lifeThe California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email [e-mail] .#LI-HYBRIDWe strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; and Employee Polygraph Protection Act .