What are the responsibilities and job description for the ABS Lending Finance - Associate – Vice President position at Deutsche Bank?
Position Overview
Job Title: ABS Lending Finance
Corporate Title: Associate – Vice President
Location: New York, NY
ALL ROLES TO BE CONSIDERED
Overview
Deutsche Bank Securities, Inc. is looking for either an Associate or Vice President, within the Global Credit & Financing Solutions complex, in New York, NY. The individual will play an integral role in the Lender Finance platform ($20bn business in the US) and will contribute to collateral monitoring, asset approvals, portfolio management, interaction with clients and Bank syndicate members, and support origination efforts. Lender Finance encompasses all corporate credit risk within the ABS franchise, including transactions backed by middle market, broadly syndicated and venture loan portfolios to well-known US and global asset managers.
What We Offer You
It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $140K to $170K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com .
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .
Job Title: ABS Lending Finance
Corporate Title: Associate – Vice President
Location: New York, NY
ALL ROLES TO BE CONSIDERED
Overview
Deutsche Bank Securities, Inc. is looking for either an Associate or Vice President, within the Global Credit & Financing Solutions complex, in New York, NY. The individual will play an integral role in the Lender Finance platform ($20bn business in the US) and will contribute to collateral monitoring, asset approvals, portfolio management, interaction with clients and Bank syndicate members, and support origination efforts. Lender Finance encompasses all corporate credit risk within the ABS franchise, including transactions backed by middle market, broadly syndicated and venture loan portfolios to well-known US and global asset managers.
What We Offer You
- 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
- Assist with management of the Lender Finance portfolio
- Participate in telephonic discussions with portfolio managers regarding asset approval requests
- Review investment credit memorandums and prepare summaries of the potential investment along with corresponding risks & mitigants (memo to be shared with both front office and Credit Risk Mgmt)
- Communicate with clients regarding portfolio related matters
- Review quarterly reporting reports
- Ensure portfolio compliance
- Help with preparation of internal reports for senior mgmt, including development of online monitoring through Bank’s proprietary technology
- Monitor portfolio revaluation events / assess risk profile of these investments and make corresponding recommendation to front office and credit risk mgmt team
- Stay informed of key trends related to high-risk industries and middle market and loan leverage market developments; and work on ad hoc projects as needed
- Experience with underwriting of both cash flow and asset-based transactions
- Financial statement analysis (including balance sheet, income statement and cash flow)
- Exceptional analytical, quantitative and communication skills (including polished client-facing skills)
- Strong organizational skills and detailed oriented
- Demonstrate ability to work effectively as part of a team
- Bachelor’s degree in Finance, Mathematics or related field
- Five (5) to seven (7) years of formal credit training experience / credit underwriting with a nationally recognized Banking institution
- Flexibility to handle multiple tasks and change priorities, and Strong interpersonal skills
- Qualified individual must demonstrate a strong commitment to integrity and professionalism; and Legally eligible to work in the United States
- Proficient knowledge of MS Office (including both Excel and Power Point)
It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $140K to $170K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com .
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .
Salary : $140,000 - $170,000