ABS US Associate

Job Description:

Job Title ABS US Associate Corporate Title Associate Location New York, NY Overview

You 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 We Offer YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift and volunteer programs

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

Expectations

It 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.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

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.

Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.  

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