Job Description:Job Title ABS US Associate
Corporate Title Associate
Location New York, NY
OverviewYou will be a member of Deutsche Bank's Mortgage and Real Estate Finance team that is part of the broader Asset Backed Securities (ABS) Primary franchise. The role focuses on leading the origination, structuring, syndication and execution of ABS new issue and asset finance transactions in the mortgage and real estate sectors. In this role, you will be responsible for all aspects of deal execution from client acquisition to documenting credit facilities, approving asset fundings, risk managing the credit facilities and structuring, marketing, and closing associated securitizations.
What You'll Do - Monitoring and reporting on warehouse risk exposure
- Obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting; portfolio analysis
- Cash flow scenario analysis; development of analytical modeling tools; determining securitization capital structure tranching and optimization
- Lead the preparation of securitization marketing materials; responding to investor due diligence requests
How You'll Lead- Interact with a broad range of internal and external transaction participants, including internal and external legal counsel, ABS investors, secondary trading, sales, research, rating agencies, internal risk management functions, trustees
- Leverage personal industry relationships to drive new deals
- Lead the acquisition and negotiation of credit facilities; lead transaction approvals with investment committee and credit risk management
Skills You'll Need - Bachelor's degree, preferably in mathematics, statistics, science, engineering or computer science is strongly preferred
- Experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS) structuring
- Extensive prior experience with collateral analysis and cashflow modeling
- Familiarity with transaction legal documents review and rating agency methodologies
- Excellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plus
ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
The salary range for this position in New York City is $140,000 - $170,000. 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.
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