Credit Officer – Asset Backed Securities / CLO - Assistant Vice President

Deutsche Bank; New York (NY); Hybrid; USD 100,000 - 153,000; Full time

Benefits offered by this job

Hybrid working model

Competitive compensation packages

Health and wellbeing benefits

Generous vacation and personal days

Job summary

A leading global financial institution in New York is seeking a Credit Officer – Asset Backed Securities / CLO - Assistant Vice President. The successful candidate will be responsible for managing credit risk associated with securitization activities, analyzing transactions, and ensuring compliance with risk standards. The role demands strong analytical skills, experience with CLO structures, and a relevant degree. The position offers a hybrid work model and competitive compensation.

Qualifications

• Experience with CLO structures financing middle-market and / or broadly syndicated loans.
• Ability to evaluate cash flow models used to structure transactions.

Responsibilities

• Support the review and credit approval of CLO warehouse facilities.
• Analyze the quality of underlying collateral and assess market conditions.
• Prepare detailed credit memos for approval and present at credit committees.

Skills

Credit risk management

Analytical skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Finance, Accounting, Economics, or related fields

Job description

Join to apply for the Credit Officer – Asset Backed Securities / CLO - Assistant Vice President role at Deutsche Bank

Position Overview

You’ll be joining the US Credit Risk Management - Securitization team. The team is tasked with managing the credit risk associated with Deutsche Bank’s securitization financing activities in the US. Credit officers are responsible for analysis and approval of securitization transactions, setting and monitoring facility limits, negotiating credit terms with the responsible business line, ongoing risk monitoring and stress testing of exposures. This position will help oversee and credit risk manage the Lender Finance business which encompasses all securitized lending involving middle market, broadly syndicated and venture loan portfolios to well‑known private credit funds.

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

• Support the review and credit approval of Collateralized Loan Obligation (CLO) warehouse facilities secured by middle market and broadly syndicated corporate loans, ensuring exposures are consistent with bank’s risk appetite
• Work with 1 Line of Defense (LoD) to ensure transactions are appropriately structured with adequate risk mitigation to address relevant adverse scenarios
• Analyze the quality of underlying collateral, considering factors such as credit rating, strength of counterparty, industry trends and macroeconomic conditions are appropriately accounted for
• Stay informed about market trends and conditions that may impact the performance of securitized assets, helping to anticipate and mitigate potential risks
• Prepare detailed credit memos for approval with the relevant approvers and, where appropriate, present at relevant credit committees
• Participate in broader projects and initiatives, including portfolio monitoring, stress testing and regulatory / audit requests

Skills You’ll Need

• Credit risk management knowledge including experience with CLO structures financing middle‑market and / or broadly syndicated loans
• Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders
• Ability to evaluate cash flow models used to structure transactions
• Bachelor’s degree in Finance, Accounting, Economics, or related fields

Skills That Will Help You Excel

• Ability to work independently and under time pressure
• Experience with securitization structures, rating agency methodologies and corporate credit analysis particularly involving high‑yield companies
• Strong analytical skills paired with excellent communication skills, both written and verbal, with the ability to present information in a structured, clear, and concise way

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office or Jacksonville, FL 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 is $100,000 to $153,000 and for Jacksonville, FL is $78,000 to $120,500. 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 Benefits

At 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/life

We 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" .

Job Details

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Finance and Sales