ABS Vice President

U.S. Bank•Los Angeles, CA

About The Position

This role functions as the primary support for senior ABSG bankers at U.S. Bank, assisting throughout the entire deal execution process for both warehouse and term Asset-Backed Securities (ABS). Responsibilities span from the initial pitch and proposal stages to terms negotiation, ratings process and analysis, structuring, document review, and closing. The individual will be involved in comprehensive data analysis, financial modeling, and coordination with various internal and external deal team members to ensure successful term ABS bond offerings.

Requirements

Bachelor's degree (concentration in Finance or Accounting preferred), or equivalent work experience
Five or more years of relevant work experience
Series 79 and 63 licenses

Nice To Haves

Deep understanding of the ABS market, securitization deal documents, and deal structures
Previous experience supporting asset backed banking teams and with the ABS markets
Mastery of Excel, PowerPoint and Bloomberg
High level of personal motivation, strong interpersonal skills and a broad intellectual capacity
Demonstrated capability for analysis and strategic thinking
Teamwork skills and the ability to communicate ideas and recommendations effectively
Comfortable functioning both independently and as part of a team, meeting stringent deadlines and work quality standards

Responsibilities

ABS issuer portfolio data analysis (losses and collateral)
Perform credit, sector and relative value analysis
Monitor ABS asset class performance
New asset class research
Prepare financial models that assess the economic impact of potential ABS debt transactions and determine the qualitative merits/drawbacks
Assist in the preparation for and execution of term ABS bond offerings, including completion of internal procedures, legal documentation review, marketing materials review and coordination with the syndicate desk
Work alongside internal deal team members, including Credit Risk Management, Portfolio Management, Sales & Trading, and Legal professionals
Work with external deal team members during deal execution
Maintain term ABS bond market information for issuer analysis and presentation materials used in client meetings, updates and proposals

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
Pension