Multi-Asset Risk Retention Associate

Nearwater Capital, LLC; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Office-based work

Job summary

Nearwater Capital, LLC in New York City is seeking a Cross Product Associate to support deal origination and portfolio management across ABS, CLO, CMBS, and RMBS. You will work directly with senior originators and the Head of Risk Retention, from initial screening through close and ongoing monitoring.

You will build cash flow models, draft structuring memos, and prepare materials for meetings with global investment and private equity firms.

Qualifications

• 2–6 years of experience in structured finance and/or securitized products.
• Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field.
• Strong financial modeling skills, including cash flow waterfalls and collateral analysis.
• Proficient with MS Office, especially Excel and PowerPoint.
• Working knowledge of securitization structures and risk retention concepts (Dodd-Frank, EU/UK Securitization Regulation).
• Excellent written communication for structuring memos and committee materials.

Responsibilities

• Support the Risk Retention team in executing financing transactions across ABS, CLO, CMBS, RMBS.
• Review deal offering documents and legal documentation, and coordinate operational settlement.
• Build cash flow models to evaluate financing terms and structural features for client review.
• Prepare marketing materials and presentation decks for meetings with global investment and PE firms, managers, and sponsors.
• Draft term sheets, structuring memos, and investment committee materials.
• Monitor the securitization market and provide timely insights to the team.
• Participate in client discussions to support origination and ongoing client coverage.
• Liaise with legal and operations teams to deliver a smooth execution experience.

Skills

Structured finance

Securitized products

Financial modeling

Excel

PowerPoint

Dodd-Frank knowledge

Education

Bachelor’s degree in Finance/Economics/Accounting

Tools

Excel

PowerPoint

Job description

Nearwater Capital, LLC in New York City is seeking a Cross Product Associate to support deal origination and portfolio management across ABS, CLO, CMBS, and RMBS. You will work directly with senior originators and the Head of Risk Retention, from initial screening through close and ongoing monitoring.

You will build cash flow models, draft structuring memos, and prepare materials for meetings with global investment and private equity firms.