Credit Officer – Asset Backed Securities / CLO - Assistant Vice President

Deutsche Bank • Jacksonville, NY

14d • $78,000 - $153,000 • Hybrid

About The Position

You’ll be joining the US Credit Risk Management - Securitization team. The team is tasked with managing the credit risk associated with Deutsche Bank’s securitization financing activities in the US. Credit officers are responsible for analysis and approval of securitization transactions, setting and monitoring facility limits, negotiating credit terms with the responsible business line, ongoing risk monitoring and stress testing of exposures. This position will help oversee and credit risk manage the Lender Finance business which encompasses all securitized lending involving middle market, broadly syndicated and venture loan portfolios to well-known private credit funds.

Requirements

• Credit risk management knowledge including experience with CLO structures financing middle-market and / or broadly syndicated loans
• Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders
• Ability to evaluate cash flow models used to structure transactions
• Bachelor’s degree in Finance, Accounting, Economics, or related fields

Nice To Haves

• Ability to work independently and under time pressure
• Experience with securitization structures, rating agency methodologies and corporate credit analysis particularly involving high yield companies
• Strong analytical skills paired with excellent communication skills, both written and verbal, with the ability to present information in a structured, clear, and concise way

Responsibilities

• Support the review and credit approval of Collateralized Loan Obligation (CLO) warehouse facilities secured by middle market and broadly syndicated corporate loans, ensuring exposures are consistent with bank’s risk appetite
• Work with 1 Line of Defense (LoD) to ensure transactions are appropriately structured with adequate risk mitigation to address relevant adverse scenarios
• Analyze the quality of underlying collateral, considering factors such as credit rating, strength of counterparty, industry trends and macroeconomic conditions are appropriately accounted for
• Stay informed about market trends and conditions that may impact the performance of securitized assets, helping to anticipate and mitigate potential risks
• Prepare detailed credit memos for approval with the relevant approvers and, where appropriate, present at relevant credit committees
• Participate in broader projects and initiatives, including portfolio monitoring, stress testing and regulatory / audit requests

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees