CIB Asset Backed Securities, Associate - New York

The Role

The Asset Backed Securities (ABS) Associate will join the Securitized Product Group (SPG) team, focusing on origination, structuring, and execution of asset-backed financing and capital markets transactions.

Responsibilities

• 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
• 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
• Review transaction documentation, including credit agreements, offering memoranda, indentures, and related legal documents
• Prepare internal credit memoranda, client presentations, marketing materials, and pitch books
• Aid in transaction structuring, due diligence, and investor communication efforts
• Maintain awareness of market trends and provide analytical support for new business opportunities

Requirements

• 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

Qualifications

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

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 CASS
• 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

Pay

The base pay range for this position is $175,000.00 USD to $225,000.00 USD annually.

Schedule

This role offers a flexible schedule to accommodate the needs of the employee and the business.

Benefits

We offer a comprehensive benefits package that includes:

• Health insurance
• Retirement plans
• Flexible spending accounts
• Employee assistance programs
• Professional development opportunities

What Else You Need To Know

For more information about our benefits and how they apply to this role, please refer to the Santander OnGoing/NH eGuide available at santander.us.

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.

EEO Statement

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

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.