Senior Associate - Collateral Analysis System

Opportunity: To engage with the structuring team within Structured Finance practice of global investment firm.

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 3-4 years of experience in transaction modeling using MS Excel and VBA, preferably in structured finance and/or other fixed income/debt products
• Proficiency with Collateral Analysis System (CAS) tool and excellent excel skills
• l Industry specific experience (ABS, RMBS & CMBS), excel based cash flow modeling
• Ability to move into leadership role and drive the projects within stipulated timelines
• The ability to function well independently and in a team environment is crucial
• Excellent communication and inter personal skills required
• Self-motivated candidate having awareness about the fixed income and structured finance market
• Working during the night shift aligned with US hours from 8:30 PM to 4:30 AM IST

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
• Prepare and run various scenarios of cash flow model in INTEX to help the bankers in analyzing the residual interest
• Prepare various scenarios in rating agency credit model
• Review findings from re-underwriting and compliance review for the funding of the loans. Work through exceptions with due diligence team and issuer
• Prepare periodic (weekly / monthly) structured product newsletters
• Prepare and track the performance of Conduits/warehouse lines of credit
• 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