ABS US Alternatives Desk - Director

Deutsche Bank • New York, NY

13d • Hybrid

About The Position

We are part of Deutsche Bank's Investment Banking division – a global leader in financing, Asset-backed Securities (ABS), and a global FX powerhouse. With operations in countries around the world, we’re just as at home in Asia and North America as we are in Europe. Working in a period of economic and regulatory flux, we place huge emphasis on innovation, collaboration, and risk management. Deutsche Bank’s Fixed Income & Currencies division sits within the Investment Banking platform and brings together a top-ranked institutional sales force, world-class research, with trading and structuring expertise across Foreign Exchange, Rates, Credit and Emerging Markets, which top industry publications consistently rank as number one in the market. Furthermore, our people around the world have a reputation for being high performers, who provide clients with unique insights, vast experience and an unparalleled level of service. Our award-winning business covers bonds, equities, FX, money market products and all forms of derivatives and structured investment, financing, and risk management products. This role requires you to be passionate to learn and succeed at Deutsche Bank. The role involves working in a successful team environment and leading the arranging of complex structured credit transactions in a fast paced and competitive environment. You should have strong communication skills, be analytical, proficient in multi-tasking, self-starters and team players with an emphasis on developing and cultivating client relationships, as well as teamwork and collaboration. You will be a member of Deutsche Bank’s Alternatives team that is part of the broader ABS Primary franchise. The role focuses on leading the origination, structuring, syndication and execution of ABS new issue and asset finance transactions in the Alternatives sector. You will be responsible for all aspects of deal execution from client acquisition to documenting credit facilities, approving asset fundings, risk managing the credit facilities and structuring, marketing, and closing associated securitizations. In such role, you will interact with a wide variety of stakeholders and transaction participants, both internally and externally, requiring strong communication skills, both written and oral.

Requirements

• High proficiency in Microsoft Excel – VBA/programming skills a plus, but not essential
• Curious attitude with desire to dig deeper to develop a detailed understanding
• Ability to project, and manage multiple transaction counterparties to meet deadlines, and the ability to multi-task while leading concurrent transactions
• Anticipate needs: demonstrate initiative & pro-activeness with a willingness to learn
• Ability to develop junior resources, and good quantitative skills

Nice To Haves

• Undergraduate degree
• Prior ABS experience
• Excellent organization / prioritization skills and Proficient communication skills, both written and oral
• A positive attitude and the ability to work as part of a team and Work well under pressure
• Strong attention to detail and a detailed understanding of clients and products

Responsibilities

• Lead the acquisition and negotiation of credit facilities
• Lead transaction approvals with investment committee and credit risk management
• Monitoring and reporting on warehouse risk exposure
• Obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting
• Portfolio analysis
• Cash flow scenario analysis
• Reviewing and negotiating legal transaction documentation
• Development of analytical modeling tools
• Determining securitization capital structure tranching and optimization
• Responding to investor due diligence requests
• Liaising with rating agencies to obtain securitization tranche ratings
• External representation of the franchise on industry panels and conferences
• Facilitating closing settlement and execution
• Performing market research and analytics
• Leading the preparation of securitization marketing materials
• Interact with a broad range of internal and external transaction participants, including internal and external legal counsel, ABS investors, secondary trading, sales, research, rating agencies, internal risk management functions, trustees, collateral administrators, corporate service providers and regulatory, tax and accounting professionals
• Develop and cultivate a broad network of direct relationships with both issuers and investors across the wide spectrum of the team’s products
• Leverage personal industry relationships to drive new deals

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees