AddressOpportunity:
To engage with the structuring team within Structured Finance practice of US based bulge bracket investment bank
Responsibilities:
- Loan tape cracking - Prepare Stratification and replines on RMBS, ABS, CMBS and Student loans etc. using CAS (Collateral Analysis System) to help the bankers on advisory, structuring and funding
- Review collateral numbers in the new issuance deal and tie-out the term sheet with accountants and lawyers for any specified securitization deals
- Perform collateral analysis and structuring
- Coordinate with the onshore team on pricing of loan tapes for RPLs & NPLs mortgages, and Prime Jumbo loans
- Update and analyze new ABS Issuance database using tools such as Bloomberg, IFR etc.
- Update collateral performance for various ABS deals of specific issuers
- Assessing cost of funds and providing summary on the return on the capital through securitization
- Calculating risk weighted asset (RWA) for a securitization position
Required Background:
- MBA/M Tech/Masters in Statistics from a Tier I or II B-school or B Tech from a reputed university
- Candidate with 1-3 years of experience in transaction modelling using MS Excel and VBA, preferably in Structured Finance and/or other fixed income/debt products
- Industry specific experience (ABS, RMBS & CMBS), excel based cash flow modelling & CAS will be additional advantage.
