Senior Vice President, ABS Due Diligence

SitusAMC Holdings Corp.; New York (NY); On-site; USD 175,000 - 210,000; Full time

Benefits offered by this job

PTO & holidays

Medical insurance

Dental insurance

Vision insurance

401K

Job summary

SitusAMC is seeking a Vice President to lead ABS Due Diligence in New York City. You will oversee collateral, operational, and regulatory reviews for financing facilities and securitizations, influencing risk decisions and project outcomes.

The role requires deep expertise in asset-based lending, AUP reviews, and collateral risk management, with the ability to communicate findings to senior stakeholders and drive cross-team collaboration.

Qualifications

• 6+ years of experience in due diligence, structured finance, ABS, asset-based financing, collateral risk management, or related fields.
• Strong experience reviewing AUP reports, operational audits, collateral examinations, and third-party diligence reviews.
• Experience evaluating borrowing bases, collateral eligibility criteria, asset verification testing, and financing covenant compliance.
• Strong understanding of consumer lending products and ABS asset classes, including personal loans, point-of-sale loans, home improvement loans, solar loans, auto finance, and specialty finance assets.
• Experience assessing underwriting, servicing, collections, compliance, and operational controls.
• Ability to analyze large datasets and identify material collateral, operational, and regulatory risks.
• Strong written and verbal communication skills, including the ability to present findings to senior management and transaction stakeholders.
• Highly organized with strong attention to detail and project management skills.

Responsibilities

• Lead due diligence reviews for asset-based financing facilities, warehouse lending transactions, portfolio acquisitions, and securitizations.
• Review and assess third-party Agreed-Upon Procedures (AUP) reports, audit reports, collateral examinations, and verification testing.
• Evaluate collateral eligibility, ownership, perfection, borrowing base methodologies, concentration limits, and advance rate assumptions.
• Perform detailed reviews of borrowing base certificates, collateral tapes, performance data, and reporting packages.
• Assess operational, servicing, underwriting, collections, and compliance controls of originators and servicers.
• Identify collateral, operational, regulatory, and reporting risks and provide recommendations to mitigate identified issues.
• Coordinate with originators, servicers, auditors, consultants, and legal counsel to resolve diligence findings and obtain required documentation.
• Prepare and present due diligence reports, key findings, and risk assessments to banking, trading, financing, and risk management teams.
• Monitor existing financing facilities for covenant compliance, collateral performance, and emerging risks.
• Maintain expertise in structured finance documentation, financing agreements, servicing agreements, securitization documents, and market practices.

Skills

Due Diligence

AUP Review

Borrowing Base

ABS Knowledge

Operational Controls

Data Analysis

Written Communication

Project Management

Job description

SitusAMC is seeking a Vice President to lead ABS Due Diligence in New York City. You will oversee collateral, operational, and regulatory reviews for financing facilities and securitizations, influencing risk decisions and project outcomes.

The role requires deep expertise in asset-based lending, AUP reviews, and collateral risk management, with the ability to communicate findings to senior stakeholders and drive cross-team collaboration.