CIB Asset Backed Securities, Associate - New York
TSB Bank · Madison, WI · 1 wk ago
Finance$175k/yrFull-time
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
- 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
- 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
Base pay range: $175,000.00 USD - $225,000.00 USD
Schedule
Full-time