Associate, Research & Origination

New York Life • New York, NY

12d • $85,000 - $106,500 • Hybrid

About The Position

As a top 25 global asset management firm with more than $800 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations.
A $300bn + asset manager is looking to add an Associate or Senior Associate to its research and origination team focused on the non-traditional asset backed securitization market. The team is focused on originating and executing private placement and 144A securitized transactions.

Requirements

• Bachelor’s Degree required, MBA or CFA preferred.
• 2+ years of Structured Finance analysis experience, specifically with Private and 144AABS.
• Strong background in credit research.
• Excellent written and presentation skills required.
• Assertive self-starter with self-confidence and a positive attitude.

Nice To Haves

• Experience with cashflow modeling, scenario and sensitivity analysis for asset-backed transactions is a strong plus.

Responsibilities

• Provide analytical support working on collateral performance, cash flow analysis, structural evaluation, and legal documentation review.
• Work on adhoc portfolio performance, return and market reporting. In addition, support in the creation of term sheets as well as internal and external portfolio and marketing presentations.
• Work closely with senior members of the team, Investment Banks, Private Equity funds, Issuers and rating agencies to obtain desired ratings for specified transactions as well as working closely with in-house personnel to ensure proper accounting and regulatory capital treatment.

Benefits

• We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level