Associate, Non-Traditional ABS Origination
About The Position
This role supports ABS bankers in creating, developing, and presenting business ideas across Non-Traditional asset classes. The Associate will take the lead in drafting initial versions of client presentations and pitch book materials, incorporating feedback from junior and senior ABS bankers. The position involves coordinating transaction execution with various third parties, reviewing offering and transaction documents, and preparing sales memos and internal approval documents. The Associate will also interact with internal and external parties to ensure seamless transaction execution and coordinate the settlement of Non-Traditional ABS transactions. Collaboration with other teams on M&A and strategic transactions where ABS plays a role, and maintenance of internal databases of market data are also key responsibilities. The role requires proactive identification of operational risks and deficiencies, compliance with Firm Policies, and timely escalation of identified issues.
Requirements
- College graduate with history of strong academic performance
- Series 7, 63 and 79 (will be required within a reasonable time after joining if not currently held)
- At least 3 years of relevant experience, ideally in the ABS space
- Strong Excel and PowerPoint skills
- Ambition, eagerness and curiosity to learn
- Solutions-oriented approach to issues and problems
- Energetic self-starter who functions well in fast-paced, team-oriented environment
- Willingness to work closely with and learn from both senior and junior team members
Nice To Haves
- Adaptability
- Critical Thinking
- Customer Service
- Detail-Oriented
- Financial Engineering
- Financial Statement Analysis
- Investments Analysis
- Personal Development
- Personal Initiative
- Teamwork
Responsibilities
- Support ABS bankers in creating, developing and presenting business ideas across Non-Traditional asset classes.
- Take lead in drafting initial versions of client presentations and pitch book materials and incorporating comments from junior and senior ABS bankers.
- Coordinate transaction execution across third parties (issuers, lawyers, rating agencies, accountants, trustees, etc.).
- Review offering and transaction documents, prepare sales memos and internal approval documents.
- Interact with internal and external parties to ensure seamless execution on mandated transactions and coordinate the settlement of Non-Traditional ABS transactions.
- Collaborate with junior and senior ABS bankers and other internal parties on M&A and other strategic transactions where ABS is expected to play a role.
- Maintain internal databases of market data, including spreads/yields, deal pricing details, trading data, league tables, etc.
- Proactively identify operational risks / control deficiencies in the business.
- Review and comply with Firm Policies applicable to your business activities.
- Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Opportunities to building close relationships with clients
- 401(k) program with company-matching contributions
- health, dental, vision, life and disability insurance
- paid time-off plan
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
