Asset Based Finance Asset Management Vice President

Sixth Street•New York, NY

2d•$200,000

About The Position

Sixth Street, a leading global investment firm dedicated to developing innovative investment strategies and fostering growth across various stages of business, is seeking a Vice President for its market-leading Asset Based Finance team. The Sixth Street Asset Based Finance group is at the forefront of asset/platform investing and origination, working across diverse financial markets, including residential and commercial mortgages, consumer assets, commercial equipment, renewables and energy finance, infrastructure debt and transportation. The Asset Based Finance team is a critical strategic capital partner and investor to companies and management teams and a solutions provider at scale. The Role This is a full-time Asset Management Vice President role based in New York, NY or Dallas, TX. This role will specialize in residential whole loan asset management for the Asset Based Finance team and report to the Head of ABF Asset Management. While primarily focused on residential whole loans, the role is expected to grow into asset management across several platform verticals, including consumer, commercial and other esoteric assets.

Requirements

Highly motivated, entrepreneurial, and team-oriented candidates
Strong finance and modeling skills, ideally within the residential whole loan space
Deep knowledge of residential whole loans and securitized debt
Commercial and results orientation
Team orientation and influencing skills
High trust and integrity
Strategic and entrepreneurial mindset
Strong combination of organizational and interpersonal/communication skills

Nice To Haves

At least 5 years of proven experience originating/investing in and/or asset managing residential whole loans
Strong knowledge of residential mortgages, securitized debt, industry and macroeconomic conditions, as well as key drivers and fundamentals in residential mortgages
Ability to perform analysis, frame-up complex scenarios and provide clear and substantive recommendations
Strong technical skills with experience in database management and big data analytics using languages such as SQL or Python
Strong proficiency in Excel, with Tableau and Intex experience as a plus
Outstanding initiative and comfort being a self-starter
Ability to multi-task and maintain composure in a high-volume environment
Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
Strong verbal and written communication abilities
Structured problem solver who is able to synthesize complex information from a variety of sources into implementable recommendations and solutions
Ability to collaborate effectively across multiple teams
Strong prioritization and project management skills
Comfort working in a high growth, iterative environment

Responsibilities

Understand and take an ownership view of the assets/positions, markets and business plans for each investment
Carefully monitor positions, reviewing borrower/partner reporting and flagging key issues
Serve as the main point of contact for operating partners/borrowers/service providers for day-to-day asset management
Actively participate in standing calls with partners/borrowers for each investment/position
Perform ad hoc analysis for key asset management decisions (loss mitigation approvals and negotiations, foreclosures, REO repair and disposition)
Drive and coordinate internal operations processes (database and infrastructure management, cash reconciliation, monthly portfolio valuations, data drift and ad-hoc analytics)
Drive quarterly firmwide processes – Valuation Committee, Portfolio Review, etc. (senior asset management and deal team members to review and approve valuations/materials)
Assist with setting up key asset management processes at the front end of new investments/originations