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

Deutsche Bank; New York (NY); Hybrid; USD 100,000 - 143,000; Full time

Job summary

Join a leading financial institution as a Credit Officer – Asset Backed Securities / CLO. You will manage credit risk for securitization transactions, oversee portfolios, and collaborate with teams to ensure risk alignment. Enjoy a hybrid working model and competitive benefits.

Benefits

Generous vacation

Personal and volunteer days

Health and wellbeing benefits

Retirement plans

Parental leave

Educational resources

Qualifications

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

Responsibilities

• Support review and credit approval of CLO warehouse facilities.
• Prepare detailed credit memos and present at credit committees.

Skills

Credit risk management

Analytical skills

Communication skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Bachelor’s degree in Economics

Job description

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Position Overview

• Job Title: Credit Officer – Asset Backed Securities / CLO
• Corporate Title: Assistant Vice President
• Location: New York, NY

Overview

You’ll be joining the US Credit Risk Management - Securitization team. The team manages credit risk associated with Deutsche Bank’s securitization financing activities in the US. Credit officers analyze and approve securitization transactions, set and monitor facility limits, negotiate credit terms, and conduct ongoing risk monitoring and stress testing. This position will oversee and credit risk manage the Lender Finance business involving middle market, broadly syndicated, and venture loan portfolios to private credit funds.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace and promote community engagement
• Competitive compensation packages including health, wellbeing benefits, retirement plans, parental leave, and family benefits
• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Support review and credit approval of CLO warehouse facilities secured by middle market and syndicated loans, ensuring exposures align with risk appetite
• Collaborate with First Line of Defence to structure transactions with risk mitigation
• Analyze collateral quality considering credit ratings, counterparty strength, industry trends, and macroeconomic factors
• Stay informed about market trends affecting securitized assets to mitigate risks
• Prepare detailed credit memos and present at credit committees
• Participate in portfolio monitoring, stress testing, and regulatory/audit requests

How You’ll Lead

• Build relationships with 1LoD colleagues, challenge assumptions, and provide feedback
• Communicate credit views to senior management and mentor junior staff
• Lead responses to audit and regulatory inquiries

Skills You’ll Need

• Credit risk management experience with CLO structures and middle-market/broadly syndicated loans
• Strong analytical skills with attention to detail
• Ability to evaluate cash flow models
• Bachelor’s degree in Finance, Accounting, Economics, or related fields

Skills That Will Help You Excel

• Ability to work independently under time pressure
• Experience with securitization, rating agency methodologies, and corporate credit analysis
• Excellent communication skills, both written and verbal

Expectations

Employees are expected to work in the New York office under the hybrid working model. Deutsche Bank provides accommodations for qualified candidates with disabilities or religious needs.

The salary range in New York is $100,000 to $142,250, based on experience and qualifications. Salaries do not include incentives or other compensation.

Benefits

Deutsche Bank offers comprehensive benefits supporting physical, emotional, and financial wellness, including wellness benefits, retirement plans, parental leave, and more. Learn more about life at Deutsche Bank.

We promote a culture of responsibility, collaboration, and excellence. We welcome applications from all backgrounds and are an Equal Opportunity Employer.