Sr. Associate, Research & Origination

New York Life; New York (NY); Hybrid; USD 93,000 - 133,000; Full time

Job summary

New York Life Investments is seeking an Associate or Senior Associate to join the research and origination team focused on non-traditional asset-backed securitization. You will provide analytical support on collateral performance, cash flow analysis, and legal documentation review.

The role covers consumer finance, student loans, residential mortgages, solar, aviation, rail, transportation assets and other structured finance sectors, with collaboration across investment banks and rating

Qualifications

• Bachelor’s Degree required, MBA or CFA preferred.
• 2+ years of Structured Finance analysis experience, specifically with Private and 144AABS.
• Strong background in credit research.
• Excellent written and presentation skills required.
• Experience with cashflow modeling, scenario and sensitivity analysis for asset-backed transactions is a strong plus.
• Assertive self-starter with self-confidence and a positive attitude.

Responsibilities

• Provide analytical support working on collateral performance, cash flow analysis, structural evaluation, and legal documentation review.
• Work on adhoc portfolio performance, return and market reporting. In addition, support in the creation of term sheets as well as internal and external portfolio and marketing presentations.
• Sectors of coverage include Consumer Finance, Student loans, Residential Mortgages, Solar, aviation, rail, and other transportation- related assets, equipment finance, fund finance, Digital Infrastructure, whole business and other specialty finance sectors.
• Work closely with senior members of the team, Investment Banks, Private Equity funds, Issuers and rating agencies to obtain desired ratings for specified transactions as well as working closely with in-house personnel to ensure proper accounting and regulatory capital treatment.

Skills

Credit research

Written & presentation skills

Structured finance analysis

Self-starter / proactive

Education

Bachelor's Degree

MBA

CFA

Job description

Location Designation: Hybrid - 4 days per week

As a top 25 global asset management firm with more than $800 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations.

A $300bn + asset manager is looking to add an Associate or Senior Associate to its research and origination team focused on the non-traditional asset backed securitization market. The team is focused on originating and executing private placement and 144A securitized transactions.

What You’ll Do:

• Provide analytical support working on collateral performance, cash flow analysis, structural evaluation, and legal documentation review.
• Work on adhoc portfolio performance, return and market reporting. In addition, support in the creation of term sheets as well as internal and external portfolio and marketing presentations.
• Sectors of coverage include Consumer Finance, Student loans, Residential Mortgages, Solar, aviation, rail, and other transportation- related assets, equipment finance, fund finance, Digital Infrastructure, whole business and other specialty finance sectors.
• Work closely with senior members of the team, Investment Banks, Private Equity funds, Issuers and rating agencies to obtain desired ratings for specified transactions as well as working closely with in-house personnel to ensure proper accounting and regulatory capital treatment.

What You’ll Bring:

• Bachelor’s Degree required, MBA or CFA preferred.
• 2+ years of Structured Finance analysis experience, specifically with Private and 144AABS.
• Strong background in credit research.
• Excellent written and presentation skills required.
• Experience with cashflow modeling, scenario and sensitivity analysis for asset-backed transactions is a strong plus.
• Assertive self-starter with self-confidence and a positive attitude.

#LI-AM1

Pay Transparency

Salary Range: $93,000-$133,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities—inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you’ll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what’s next, and your growth powers it.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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