Job descriptionBusiness typeTypes of Jobs - Others
Job titleSenior Portfolio Manager - Securitization
Contract typePermanent Contract
Management positionNo
Job summarySummary- Maintain and develop relationships with current clients of the securitization team, and assist where appropriate with new transactions.
- Ensure the existing portfolio is monitored and managed appropriately.
- Manage a team to assist in the various portfolio tasks.
Key Responsibilities- Manage the ongoing customer relationships as it relates to existing securitizations via ongoing dialogue with customers and relationship officers in the Credit Agricole network
- Oversee all transaction actions including periodic, surveillance, reviews, amendments, renewals, restructuring, etc.
- Negotiate documents and coordinate with other departments including credit, legal, IT, etc.
- Participate in due diligence reviews and visit clients as required
- Provide clients with pertinent market updates as deemed necessary
- Assist in the development of systems and procedures for the department
- Assist and review monthly and ad-hoc Securitization reports that include, but are not limited to the following: investor reports, amortization reports, asset scorecards, asset based (i.e. capital call, auto) performance reports
- Assist in the structuring process of new transactions which include, but are not limited to preparing for and attending internal committees (credit, pipeline, pre-clear), review legal documentation
1.
Management and Reporting• Report to, as applicable, the Head of Securitization Americas or the Head of Transaction Management Americas on the progress of the portfolio and related issues
2.
Risks• Review and propose overall monitoring parameters for the portfolio
3.
Counterparties and Clients• Develop and maintain relationships with peers in other organizations and with clients of the Bank
• Represent the firm with external organizations and professional seminars and forums
4.
CommunicationKey Internal Contacts
- Client coverage teams
- Risk department
- Legal department
- Compliance department
- IT department and SIS team
Key External Contacts
- Securitization clients in the context of the portfolio
- Law firms, coordinating all the transaction documentation and the execution process, in close coordination with in-house legal
- Rating agencies and audit firms whenever necessary
- Other banks in the context that the transaction is co-purchase by nature
5.
Systems UsedInternal
Outlook, Microsoft Office (Word, Excel, PowerPoint), Intranet, SIS, Eurecca, Phidias, Clientele, Risk Portal (Agenda, Altar, Cosmos, Comet, Legos and Credit Sensitive Database), Alfred (proprietary AI engine)
External
Bloomberg, Reuters, rating agency websites, client and various securitization related websites
Salary Range: $250k-$300k
#LI-DNI
Position locationGeographical areaAmerica, United States Of America
CityNEW YORK
Candidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalent
Academic qualification / SpecialityEducation Requirements
- Bachelor's degree
- Series 7, 79 and 63
- Post graduate education a plus
Level of minimal experience11 years and more
Experience- Important and deep experience in the execution of securitization and structured finance transactions
- Management experience
Required skillsCompetencies Required- Team spirit and ability to work in an international environment
- Good presentation skills
- Good writing skills
- Good time management skills
- Ability to analyze and summarize information
- Ability to prioritize effectively
- Ability to work autonomously
- Ability to work successfully in a team
- Adaptability to changing environments
- Effectiveness at decision making
- Ability to deal with issues
- Capacity to develop others
- Capacity to delegate
- Capacity to cooperate / work across discipline
- Capacity to take on board the strategy of Credit Agricole CIB and participate in actions to deliver
Skills & Knowledge Requirements- Securitization experience
- Analytical skills: cash flow modelling
- Marketing skills
- Fluent in English
Skills & Knowledge Desirables- Knowledge of corporate banking, credit products and other funding alternatives
- Fluent in French
LanguagesEnglish