Fixed Income ABS Director

U.S. Bank • Chicago, IL

2d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Our Business The Asset Backed Securitization Group (“ABSG”) originates loans and structures/underwrites term ABS issuance secured by financial assets originated and serviced by captive finance companies, banks and other specialty finance companies. Overview Directors are deal team leaders and work with managing directors in ABSG to originate transactions and oversee execution. Individual will manage the entire deal underwriting and execution process: pitching, structuring, rating agency engagement, investor marketing, pricing, document execution, closing and ongoing monitoring.

Requirements

• BS/BA required, concentration in Finance or Accounting preferred.
• Mastery of Excel, PowerPoint, INTEX and Bloomberg
• High level of personal motivation, strong interpersonal skills and a broad intellectual capacity
• Demonstrated existing ABS issuer/client relationships (both term ABS and ABS lending origination)
• Demonstrated capability for analysis and strategic thinking
• Teamwork and management skills and the ability to communicate ideas and recommendations effectively
• Comfortable functioning both independently and as part of a team, meeting stringent deadlines and work quality standards
• Deep understanding of ABS market, deal structures, corporate financial statements and SEC filings

Nice To Haves

• Previous experience supporting asset backed banking teams and with the ABS markets
• 7+ years’ work experience
• Series 79 and 63 licenses

Responsibilities

• Managing associates and VPs in the creation, drafting and maintenance of term ABS bond market and comparable issuer analysis and presentation materials used in issuer client meetings, updates and proposals
• Pitching clients on proposed ideas and transactions
• Managing associates and VPs with the maintenance of ABS issuer portfolio data analysis
• Presenting ABS lending transactions to credit risk management
• Manage associates and VPs in the monitoring of ABS asset class performance
• Manage new asset class approval process
• Prepare financial models that assess the economic impact of potential ABS debt transactions and determine the qualitative merits/drawbacks
• Manage investor, syndicate and issuer communication related to the execution of term ABS bond offerings, including completion of internal procedures, legal documentation review, marketing materials review
• Work alongside internal deal team members, including Credit Risk Management, Portfolio Management, Sales & Trading, and Legal professionals
• Work with external deal team members during deal execution

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

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