Senior Director, Research and Originations

About the role

A $300bn + asset manager is looking to add a Senior Director to its Structured Finance research and origination team focused on the non-traditional commercial and consumer asset backed securitizations (“ABS”) in addition to Fund Finance.

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 in addition to warehouse lending.

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”) residential mortgages (“RMBS”), Subscription Lines, NAV Loans and Rated Feeders.

Responsibilities

• Support origination efforts and other team members by performing and/or supervising credit, collateral, legal, cashflow and structural analysis as well as review legal documentation.
• Work closely with commercial and investment banks, finance companies, asset originators, asset managers and private equity funds, rating agencies, internal and external legal counsels, accounting, and regulatory personnel to ensure proper accounting and regulatory capital treatment.
• Underwrite new issue and secondary investment opportunities within the ABS and Fund Finance markets
• Negotiate document terms with issuers, sponsors and other transaction parties
• Analyze collateral to develop modelling assumptions and provide credit quality assessment
• Present results from transaction-specific and sector-wide analyses to wider internal and external audiences, including portfolio managers and clients
• Maintain views on industry-wide issues that impact originators, broker/dealers & investors.
• Monitor U.S. and global regulatory changes, accounting and capital requirement changes, federal, state, and global lending laws, and any legal precedents.
• Undertake the ongoing monitoring and analysis of portfolio positions to assess credit risk, credit ratings stability, cash flow volatility, portfolio positioning, and trading opportunities

Requirements

• Minimum 15 years’ experience in ABS and or Fund Finance markets 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

Salary Range: $184,000-$263,000

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.

Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.

Schedule

Hybrid - 4 days per week