Job Title Credit Officer Asset Backed Securities / CLO
Corporate Title Assistant Vice President
Location New York or Jacksonville FL
Overview
Youll be joining the US Credit Risk Management - Securitization team. The team is tasked with managing the credit risk associated with Deutsche Banks securitization financing activities in the US. Credit officers are responsible for analysis and approval of securitization transactions setting and monitoring facility limits negotiating credit terms with the responsible business line ongoing risk monitoring and stress testing of exposures. This position will help oversee and credit risk manage the Lender Finance business which encompasses all securitized lending involving middle market broadly syndicated and venture loan portfolios to well-known private credit funds.
What We Offer You
A diverse and inclusive environment that embraces change innovation and collaboration
A 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 Youll Do
Support the review and credit approval of Collateralized Loan Obligation (CLO) warehouse facilities secured by middle market and broadly syndicated corporate loans ensuring exposures are consistent with banks risk appetite
Work with 1 Line of Defense (LoD) to ensure transactions are appropriately structured with adequate risk mitigation to address relevant adverse scenarios
Analyze the quality of underlying collateral considering factors such as credit rating strength of counterparty industry trends and macroeconomic conditions are appropriately accounted for
Stay informed about market trends and conditions that may impact the performance of securitized assets helping to anticipate and mitigate potential risks
Prepare detailed credit memos for approval with the relevant approvers and where appropriate present at relevant credit committees
Participate in broader projects and initiatives including portfolio monitoring stress testing and regulatory / audit requests
Skills Youll Need
Credit risk management knowledge including experience with CLO structures financing middle-market and / or broadly syndicated loans
Good analytical skills with attention to detail ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders
Ability to evaluate cash flow models used to structure transactions
Bachelors degree in Finance Accounting Economics or related fields
Skills That Will Help You Excel
Ability to work independently and under time pressure
Experience with securitization structures rating agency methodologies and corporate credit analysis particularly involving high yield companies
Strong analytical skills paired with excellent communication skills both written and verbal with the ability to present information in a structured clear and concise way
Expectations
It is the Banks expectation that employees hired into this role will work in the New York office or Jacksonville FL office in accordance with the Banks 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 is $100000 to $153000 and for Jacksonville FL is $78000 to $ salaries may be based on a number of factors including but not limited to a candidates 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. Thats 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. Click here to learn more!
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We welcome applications from all people and promote a positive fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability protected veteran status or other characteristics protected by law. Click these links to viewDeutsche Banks Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
Required Experience:
Exec
Deutsche Securities Saudi Arabia (DSSA) is a closed joint stock company incorporated in 2007 under the commercial register number: 1010239773. DSSA is a subsidiary of Deutsche Bank AG [95% owned by Deutsche Bank AG and 5% owned by DB Capital Markets (Deutschland) GMBH] with paid capit ... View more