Securitization VP

Texas Capital•Dallas, TX

1d•Hybrid

About The Position

Vice President, Securitization & Structured Products will help build the firm’s securitization and structured finance platform across residential mortgage, consumer, commercial, and specialty asset classes. The candidate will play a central role in structuring and execution of warehouse facilities and capital markets securitization transactions. This is a high-impact, analytically rigorous role that sits at the intersection of capital markets, credit analysis and financial modeling. Will also consider candidates with fewer years of experience for an Associate title.

Requirements

4+ years of experience structuring securitizations (ABS and/or RMBS) at a bank, broker-dealer, accounting firm, or private credit firm
Demonstrated proficiency in cash flow modeling
Advanced excel and/or python skills
Strong understanding of cash flow drivers including consumer credit fundamentals, prepayment dynamics, etc
Familiarity with rating agency methodologies

Nice To Haves

Bachelors degree in finance, economics, mathematics, engineering or related quantitative field
Experience with INTEX, Bloomberg ABS/MBS analytics
CFA candidate or charterholder
Dallas location; remote will be considered

Responsibilities

Build, maintain and stress-test cash flow securitization models across ABS and RMBS asset classes
Develop and validate collateral performance assumptions, including prepayment speeds, default ratings, loss severities, and delinquency roll rates
Structure cash flow waterfalls, subordination, reserve accounts, and other credit enhancement mechanisms
Conduct scenario and sensitivity analysis to support rating agency submissions and investor materials
Support end-to-end deal execution from collateral diligence through closing, including coordinating with issuers, rating agencies, trustees and legal counsel
Prepare offering memoranda, term sheets, investor presentations and analytics
Interface with trading desks, syndicate, and structuring teams
Monitor performance of existing warehouse exposure; produce periodic surveillance reports and trigger analysis
Analyze collateral to identify credit trends and concentration risks
Assist in the preparation of internal credit committee and risk presentations