Structured Credit Group - Financial Engineering – Analyst- Associate

Deutsche Bank • New York, NY

6d • Hybrid

About The Position

Deutsche Bank’s Structured Credit group is looking for an Analyst/Associate to join the financial engineering team in New York, NY. You must possess creativity and technical expertise within quantitative methods and analytical finance. You must have expertise in utilizing quantitative techniques in collateral analysis, securitization, and structural analysis – across multiple asset classes, investor preferences and issuer requirements. The individual must be able to operate independently as well as have the ability to work effectively within a team.

Requirements

• Moderate experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS)
• Prior experience with collateral analysis and cashflow modeling
• Familiarity with transaction legal documents review and rating agency methodologies
• Excellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plus
• Knowledge of Intex, Bloomberg and other market data sources a plus
• Must have a strong interest in building a career in Securitization and/or Asset Finance
• Strong analytical and fixed income math skills required
• Strong independent problem-solving skills and excellent communication skills required

Nice To Haves

• Bachelor’s degree preferably in mathematics, statistics, science or engineering is strongly preferred
• Excellent communication skills, work ethic, and temperament, especially in time-critical and pressure situations
• Ability to work on various ad hoc projects related to the capital markets function with limited guidance
• Ability to work in a complex environment as a significant idea contributor and team player in situations involving multiple geographic and financial markets

Responsibilities

• Perform detailed collateral analysis on pools of different assets
• Use stratifications and other reporting tools to effectively convey pool characteristics, concentrations, distributions, and risks.
• Proactively determine missing, incomplete, and inaccurate information
• Serve as the primary point of contact between the team and clients, rating agencies, attorneys, accountants, and others on all matters related to collateral characteristics and analysis
• Over time learn to contribute to daily fundings, cash flow modeling and bond structuring, including default and prepayment scenario analysis, and credit analysis

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: Entry Level