Director, Research & Origination

Location Designation:Hybrid - 4 days per week

A $300bn + asset manager is looking to add a Director to its Structured Finance research and origination team focused on the non-traditional commercial and consumer asset backed securitizations ("ABS").The team is focused on originating and executing 4(a)2 private placement and 144A securitized transactions including private debt deals, asset spot purchases, and forward flow programs. Coverage sectors include digital infrastructure (data centers, fiber networks), transportation (aviation, rail, container),equipment finance, whole business, solar loans and leases, student Loans, home improvement, unsecured consumer, single family rental ("SFR") and residential mortgages ("RMBS").

Responsibilities:

The candidate must be able to support their origination efforts and other team members by performing and/or supervising credit, collateral, legal, cashflow and structural analysis as well as review legal documentation. The individual will be expected to work closely with commercial and investment banks, finance companies, asset originators, asset managers and private equity fund, rating agencies, internal and external legal counsels, accounting and regulatory personnel to ensure proper accounting and regulatory capital treatment.

* Underwriting new issue and secondary investment opportunities within the consumer, esoteric
and/or commercial ABS markets
* Negotiating document terms with issuers, sponsors and other transaction parties
* Analyzing collateral to develop modelling assumptions and providing credit quality assessment
* Presenting results from transaction-specific and sector-wide analyses to wider internal and
external audiences, including portfolio managers and clients
* Maintaining views on industry-wide issues that impact originators, broker/dealers & investors.
Responsibilities may include monitoring U.S. and global regulatory changes, accounting and
capital requirement changes, federal, state, and global lending laws, and any legal precedents.
* Undertaking the ongoing monitoring and analysis of portfolio positions to assess credit risk,
credit ratings stability, cash flow volatility, portfolio positioning and trading opportunities

Qualifications:

* Minimum 10 years' experience in consumer, esoteric and/or commercial ABS in a buy side or sell side research role
* Demonstrated ability to source, underwrite, document and monitor transactions
* Prior experience in credit research, risk evaluation, collateral performance assumptions with scenario and sensitivity analysis, cashflow modeling, and negotiation of deal terms
* Robust knowledge of the ABS issuers, intermediaries, and investors
* Strong understanding of U.S. securitization structures, legal foundations, and legal transaction documents
* Excellent attention to detail and the ability to work independently while contributing to the
overall team culture

* Strong verbal and written communication skills

Pay Transparency

Salary Range:$165,000-$200,000

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.

Our Benefits

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Job Requisition ID:91678