Santander Consumer USA

CIB Asset Backed Securities, Associate - New York

Santander Consumer USA • $175K — $225K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Business, Mathematics, or a related quantitative discipline
  • Minimum of 3 years of experience in securitized products, structured finance, or asset-backed securities
  • Strong financial modeling and analytical skills
  • Experience analyzing asset-backed collateral performance and credit fundamentals
  • Proficiency with Excel and structured finance analytical tools, including Intex and CAS

Responsibilities

  • Analyze collateral performance data and historical asset performance
  • Build and maintain financial models to project cash flows
  • Support the execution of securitization transactions from origination through closing
  • Coordinate with external stakeholders like rating agencies and legal counsel
  • Prepare internal credit memoranda and client presentations

Benefits

  • Comprehensive benefits package designed to support employee well-being
  • Recognition of employee contributions and impact
  • Support for family and personal needs
  • Opportunities for professional development and career advancement
Full Job Description
CIB Asset Backed Securities, Associate - New York

Country: United States of America

The Asset Backed Securities (ABS) Associate will be a key member of the Securitized Product Group (SPG) team, supporting the origination, structuring, and execution of asset-backed financing and capital markets transactions across a broad range of securitized product sectors, including consumer and commercial ABS, and esoteric asset classes.

The successful candidate will combine strong analytical capabilities with transaction execution experience and an understanding of structured finance markets.
  • Analyze collateral performance data, historical asset performance, collateral tapes, and comparable transactions
  • Build and maintain financial models to project cash flows, evaluate transaction structures, and perform scenario and sensitivity analyses
  • Develop and maintain knowledge of rating agency methodologies, credit considerations, and market developments across securitized products sectors
  • Support the execution of securitization and structured finance transactions from origination through closing
  • Coordinate with external stakeholders, including rating agencies, investors, accounting firms, trustees, and legal counsel
  • Partner with internal teams, including Risk, Syndicate, Legal, Compliance, and Operations
  • Review transaction documentation, including credit agreements, offering memoranda, indentures, and related legal documents
  • Prepare internal credit memoranda, client presentations, marketing materials, and pitch books
  • Assist with transaction structuring, due diligence, and investor communication efforts
  • Monitor market trends and provide analytical support for new business opportunities


What You Bring:

Education
  • Bachelor's degree in Finance, Economics, Business, Mathematics, or a related quantitative discipline
  • Advanced degree or relevant professional designation is a plus

Experience
  • Minimum of 3 years of experience in securitized products, structured finance, asset-backed securities, or related capital markets disciplines
  • Experience supporting the execution of ABS or other structured finance transactions preferred

Skills & Competencies
  • Strong financial modeling and analytical skills, with experience evaluating structured finance transactions
  • Experience analyzing asset-backed collateral performance and credit fundamentals
  • Proficiency with Excel and structured finance analytical tools, including Intex and CAS
  • Strong understanding of securitization structures, cash flow mechanics, and capital markets execution
  • Excellent written, verbal, and presentation skills
  • Ability to manage multiple priorities and deadlines in a fast-paced environment
  • Strong attention to detail and problem-solving capabilities
  • Self-motivated team player with the ability to work independently and collaboratively across functions


Work Authorization & Sponsorship:
Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum:
$175,000.00 USD

Maximum:

$225,000.00 USD

We Value Your Impact:

Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Working Conditions:

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [redacted] to discuss your needs.

About Santander Consumer USA

Santander Consumer USA Holdings Inc. is a consumer finance company that provides auto loans and leases to customers across the United States. The company was founded in 1997 and is headquartered in Dallas, Texas. Santander Consumer USA is a subsidiary of Banco Santander, a Spanish multinational commercial bank. The company offers financing for new and used vehicles through a network of dealerships and online channels. Santander Consumer USA also provides personal loans and credit cards to its customers. The company has been recognized for its customer service and has won several awards in the auto finance industry.
Learn more about Santander Consumer USA
Size
198,204 employees
Market Cap
$49.8 billion
Industry
Finance & Insurance
Net Income
$910.9 million
Founded
1997
5 Year Trend
-3.4%
Revenue
$8.1 billion
NASDAQ
SAN
* Ladders Estimates

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