Vice President – ABS Credit Management
$225,000 to $235,000 annually
Apply (opens in a new tab)Vice President – ABS Credit Management
Posted 10 days ago
SENIORITY
Manager
SALARY
$225,000 to $235,000 annually
About the role
- Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and ImpactAble to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
- Manage the credit process and workflow end to end, ensuring quality of all credit proposals submitted to RiskLiaise with the Origination and Structuring team and functions including Risk, Legal, and MO through the full deal life cycle for new and existing transactions
- Work with senior originators and analytics experts on transaction modelling and stress tests
- Participate in due diligence for prospective and existing clients
- Point person for transaction level profitability analysis, including advice on funding and RWA optimization to Origination and Structuring team
- Portfolio Monitoring:
- Ensure ongoing monitoring of transaction performance by the team, including updates and review of quarterly performance and watchlist reports
- Onboard all new transactions with third party monitoring platform (Oxane), and maintain data quality
- Assist the quarterly capital process and compliance with internal credit and rating methodologies
- Track completion of annual transaction audits and work with Origination and Structuring team to remedy late or missing audits
- Transaction Execution:
- Preparation of internal documentation for deal closing and booking
- Review of operational aspects of legal documentation in conjunction with Portfolio Management team; document and advise team on operational risks
- Key coordinator for deal closings among the Origination and Structuring, Credit Management, Portfolio Management, Middle Office, and Legal teams
- Transversal Topics:
- Maintain and update internal policies and procedures
- Get acquainted with European Regulation on the capital treatment
- Improve internal loss analysis and stress methodologies
- Ongoing efficiency improvements of tools and processes to support growing activity
- Contribute to the budget and forecasting process
- Undergraduate degree minimum, preferably in Finance, Economics, or Math
- Excellent written and oral communication skills
- Strong knowledge on securitization and experience on ABS Securitization credit analysis
- Excel skills are crucial; VBA, Access/database skills are a plus
- Understanding and analysing complex products, related risks, and underlying legal documentation
- Knowledge of capital, liquidity, EU regulation, and accounting rules regarding securitization
- Ability to communicate and develop good working relationships with different departments both locally and offshore (AFS Structuring and Origination, Middle Office, Finance, Risk, Legal, IT, etc.)Strong initiative, commitment, and willingness and ability to learn
- Ability to analyse and synthesise complex information, including legal documentation and large datasets
- Flexible, good team player
- Ability to work under pressure and deliver within tight deadlines while maintaining high standards Preferred Qualifications: Management experience and working with offshore teams are a plusFINRA Registrations Required:
- SIE, Series 79, Series 63CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): Not ApplicableSEC Security-Based Swap Dealer Associated Person:
- Not Applicable
Before you apply
Applying takes about a minute. These four things decide how fast it moves after that.
Your profile is current
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Two examples you can talk through
Not a portfolio — just two pieces of work where you can explain the decisions and what you'd change.
A number in mind
What you're on now and what would make you move. We negotiate better when we know both.
Your notice period
Employers plan around it, and it's the question that stalls offers most often.
Once you apply, someone reads it and calls you before anything reaches the employer — usually within two working days.
