Job Description

Director, US Securitization Banking - New York, NY

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Director, US Securitization Banking - New York, NY Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries!

Purpose:

Contributes to the overall success of the Global Securitization team in the United States, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted follow governing regulations, internal policies, and procedures.

What You'll Do:

• Champions a customer focused culture to expand and deepen client relationships and leverage broader Bank relationships, systems, and knowledge
• Spearheads term ABS lead role engagements by working with issuers, deal counsels, rating agencies, 3rd party service providers, ABS syndicate and sales teams to execute transactions
• Manages the lifecycle of securitization financing transactions including participation in organizational meetings, drafting of credit applications, review of critical transaction documents and coordination with internal and external partners.
• Coordinates a variety of activities with the mid-office and back office including the closing of new and existing transactions, tracking of UCC expirations, and providing updates or changes to the terms or funding of deals as required.
• Assists in negotiating terms and documentation with borrowers and other banks culminating in the closing of transactions.
• Works with junior team members to prepares pitch books and marketing presentations in support of both the financing and term ABS opportunities
• Works on maintaining the existing portfolio by drafting annual reviews and handling customers' requests for waivers, amendments, and restructurings of credit facilities, as well as coordinating the requisite reviews by risk management
• Attends due diligence meetings and client market meetings
• Reviews monthly servicer reports and monitors asset performance trends
• Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
• Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk
• Be an active ally and advocate for Diversity, Equity and Inclusion. Strengthen a culture centered around inclusion and creating a sense of belonging for all employees

What You'll Bring:

Demonstrates sound knowledge of securitization fundamentals, with experience in [esoteric] ABS Degree in Business or related field. MBA/CPA/CFA or other industry designation is helpful Banking experience in a Structured Finance or related environment Requires computer (Word, Excel, PowerPoint) proficiencies as well as excellent written and oral communication skills Experience in credit analysis and familiarity with legal document review required A high level of commitment and a strong sense of teamwork are needed to succeed in the role Series 63 & 79 preferred

Location(s): United States : New York : New York City

Job Tags

Similar Jobs