Asset Securitization Structuring Director or Managing Director

Truist Bank•New York, NY

1d•Onsite

About The Position

This is a Team Lead role that provides structure and underwriting expertise to securitization lending transactions in terms of execution, structuring, legal documentation, underwriting, and ongoing portfolio management. The role requires the ability to execute across a wide variety of asset classes, including new and bespoke transaction structures. The position involves ownership of processes and procedures for booking and closing loans, understanding the systems used in these processes, portfolio & management reporting, and vendor relationships. It also includes oversight and accountability of key portfolio management processes, ensuring adherence to enterprise and group policies, procedures, and controls, as well as ensuring the group has adequate procedures, controls, and overarching governance to adhere to enterprise and group credit and compliance policies.

Requirements

BA/BS degree, or equivalent education and training
10+ years of related work experience
Demonstrated ability to collaborate and influence across functional areas to resolve complex issues
Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
Ability to communicate clearly, concisely and insightfully

Nice To Haves

MBA degree, with a Finance focus
5-7 years of related capital markets experience

Responsibilities

Ensure processes are efficient and adhere to enterprise standards
Advocate for ASG needs, understand escalation channels and navigate the different internal groups that support these processes
Promote a culture of accountability around day-to-day activities to ensure integrity of reporting and implement controls as necessary
Work with group head to create / improve reporting required to run the business
Includes monthly asset quality and ad hoc portfolio reporting
Includes communication of expectations and changes as well as ongoing training for ASG teammates
Allocation of work flow and continued definition of roles within the team
Collaborate with other credit delivery teams regarding best practices, resource allocation
Ensure the team has the resources needed to execute processes in a consistent and efficient manner; Advocate for additional resources / support as needed
Ability to make decisions by evaluating expectations/requirements, downstream impact, and resources
Ability to evaluate processes, find root causes of problems, and make changes as necessary
Filter incoming requests to the group from other parts of the bank; Understand “what” as well as the “why” of requests; Allocate resources accordingly
Understand the impact of various processes and systems on each other
Ensure monthly processes are completed on time, accurately, and hold responsible parties accountable
Effectively document processes and procedures for the group
Identify and escalate issues in a timely manner
Maintain relationships with and navigate groups within the enterprise (e.g. BURM, Audit, Wholesale credit reporting, data analytics, Technology, Regulatory Reporting, Accounting and Finance)
Effectively communicate expectations within the group (pod leaders and individual deal teams)