ABS Lender Finance Originator
Deutsche Bank, New York, NY, United States
Job Title : Structured Credit / Lender Finance
Corporate Title : Associate
Location : New York, NY
Overview
Deutsche Bank Securities, Inc. seeks an Associate within the Global Credit & Financing Solutions complex in New York, NY. This individual will play an integral role in the Lender Finance platform and will contribute to deal selection, execution and interaction with clients and bank syndicate members, support new origination efforts along with portfolio management and collateral monitoring of existing positions. Lender Finance encompasses all corporate credit risk within the ABS franchise, including transactions backed by middle market, broadly syndicated, and venture loan portfolios to well-known US and global asset managers.
What You’ll Do
Update marketing materials and develop presentations to assist in marketing ABL lender finance transactions for private debt (credit funds and BDC managers)
Draft term sheets and negotiate terms with prospective clients
Create Excel borrowing base models for bi-lateral credit facilities
Coordinate with external counsel to document new transactions / amendments
Liaise with various internal functions to manage deal approval workstreams
Prepare credit memorandums for Credit Risk Management in connection with mandated transactions
Present prospective transactions to management for business approval
Model financial transactions using Excel for internal risk assessment
Assist with syndicating transactions to partner institutions
Communicate with clients and syndication bank partners regarding portfolio-related matters
Assist with management of the Lender Finance portfolio; review quarterly and monthly servicer reports
Monitor portfolio revaluation events / assess risk profile of these investments and make corresponding recommendation to front office and credit risk management team
Participate in telephonic discussions with portfolio managers regarding asset approval requests
Help with preparation of internal reports for senior management
Stay informed of key trends related to high-risk industries and middle market and loan leverage market developments
Work on ad hoc projects as needed
Skills You'll Need
Bachelor's degree in Finance, Mathematics or related field
Proven experience in formal banking or transaction-related experience and/or credit underwriting with a nationally recognized financial institution
Experience with execution and/or underwriting of both cash-flow and asset-based transactions
Financial statement analysis
Exceptional analytical, quantitative and communication skills
Strong organizational skills and detail-oriented
Flexibility to handle multiple tasks and change priorities
Strong interpersonal skills
Demonstrate ability to work effectively as part of a team
Legally eligible to work in the United States
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's 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 City is $140,000 to $170,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Equal Employment Opportunity
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. We do not discriminate based on any of these characteristics.
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Corporate Title : Associate
Location : New York, NY
Overview
Deutsche Bank Securities, Inc. seeks an Associate within the Global Credit & Financing Solutions complex in New York, NY. This individual will play an integral role in the Lender Finance platform and will contribute to deal selection, execution and interaction with clients and bank syndicate members, support new origination efforts along with portfolio management and collateral monitoring of existing positions. Lender Finance encompasses all corporate credit risk within the ABS franchise, including transactions backed by middle market, broadly syndicated, and venture loan portfolios to well-known US and global asset managers.
What You’ll Do
Update marketing materials and develop presentations to assist in marketing ABL lender finance transactions for private debt (credit funds and BDC managers)
Draft term sheets and negotiate terms with prospective clients
Create Excel borrowing base models for bi-lateral credit facilities
Coordinate with external counsel to document new transactions / amendments
Liaise with various internal functions to manage deal approval workstreams
Prepare credit memorandums for Credit Risk Management in connection with mandated transactions
Present prospective transactions to management for business approval
Model financial transactions using Excel for internal risk assessment
Assist with syndicating transactions to partner institutions
Communicate with clients and syndication bank partners regarding portfolio-related matters
Assist with management of the Lender Finance portfolio; review quarterly and monthly servicer reports
Monitor portfolio revaluation events / assess risk profile of these investments and make corresponding recommendation to front office and credit risk management team
Participate in telephonic discussions with portfolio managers regarding asset approval requests
Help with preparation of internal reports for senior management
Stay informed of key trends related to high-risk industries and middle market and loan leverage market developments
Work on ad hoc projects as needed
Skills You'll Need
Bachelor's degree in Finance, Mathematics or related field
Proven experience in formal banking or transaction-related experience and/or credit underwriting with a nationally recognized financial institution
Experience with execution and/or underwriting of both cash-flow and asset-based transactions
Financial statement analysis
Exceptional analytical, quantitative and communication skills
Strong organizational skills and detail-oriented
Flexibility to handle multiple tasks and change priorities
Strong interpersonal skills
Demonstrate ability to work effectively as part of a team
Legally eligible to work in the United States
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's 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 City is $140,000 to $170,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Equal Employment Opportunity
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. We do not discriminate based on any of these characteristics.
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