ABS Banking and Analytics Analyst
|Reference # :||17-04976||Title :||ABS Banking and Analytics Analyst|
|Location :||New York, NY|
|Position Type :||Direct Placement|
|Experience Level :||Start Date :||05/24/2017|
|Eclaro International is currently recruiting for ABS Banking and Analytics Analyst for one of our financial services clients.|
ABS Banking & Finance, part of Global Mortgages and Securitized Products, is responsible for origination and execution of term asset-backed securities (ABS) transactions and secured lending transactions. We manage a secured loan portfolio of approximately $25B to provide clients with credit capacity for warehousing collateral for future ABS issuances. We primarily focus on issuers of ABS backed by credit card receivables, auto loans & leases, student loans, equipment loans & leases, and timeshare loans among other assets. We are consistently a top 3 underwriter in the US ABS market.
ABSF is a 30 person group comprised mostly of client coverage deal teams. Our teams focus on both "regular way? deals issued by frequent ABS issuers (e.g., credit card and auto issuers) as well as working on new products for markets that are still developing (e.g., securitization of aircraft leases). Our team is responsible for origination, execution and closing of transactions. We interact with deal counsel, outside auditors and the rating agencies as we construct transactions. We work with our ABS Syndicate Desk and Mortgage Sales Force to market the securities to investors.
The ABS Analytics team (which is part of ABSF) supports our origination and execution efforts as follows:
? Using Client's internal structuring tools, model new/proposed transactions as well as reverse engineer existing transactions and make recommendations on how to improve the efficiency of the trade.
? Using Intex DealMaker, create a model that will be distributed to Investors to assist them with their investment decisions.
? Provide a detailed comparative analysis of the recommendations for inclusion into client presentations.
? Structure, rate and price securities for our issuer clients.
? Review modeling assumptions in offering documents and tie-out with accountants.
? Interact with both our issuer and investor clients to explain modeling assumptions and results.
? Bachelors Degree required, concentration in Computer Science, Math, Engineering, or Computational Finance preferred
? Microsoft Office (Excel, PowerPoint), C++, Microsoft VBA, Access, Intex
? Previous financial modeling experience strongly preferred
? The candidate should have high technical skills and an interest in learning and working in ABS
? Strong verbal and written communication, presentation skills
? Ability to multi-task in a fast-paced environment
? Minimum of 2-5 years experience in financial services experience or related industry