VP/AVP - Structured Credit (ABS) Underwriter
Core
Strategic professional administering a portfolio of asset securitization transactions and underwriting ABS credit facilities for new and existing clients.
Role type
Senior IC structured credit underwriter (ABS)
Builds
Asset Backed Securities (ABS) credit facilities and private credit transactions
Domain
Banking / Structured Finance / Credit Risk
Required skills
ABS product knowledge, corporate credit expertise, legal document review, credit risk analysis, data analysis, cashflow modelling, automation/technical skills
Preferred skills
Cashflow modelling, automation/technical skills
Technologies
Microsoft Office
Responsibilities
Ensure strong analysis of the assigned portfolio ensuring consistencies with industry leading practices and compliance with all internal risk policies, standards and procedures; Interface with and support bankers in underwriting requests for credit extensions of ABS facilities for new and existing clients with ownership responsibilities for sound credit decisions; Participate in due diligence and prepare a detailed written credit memo for periodic monitoring including annual reviews and quarterly memos on existing transaction that includes detailed analysis of the business terms, structural elements, strengths and prevailing risk factors, asset types, and compliance with internal underwriting guidelines in rendering a final credit recommendation to Risk; Analyse the credit risk by performing tasks that includes reviewing deal documents & legal documentation; Analyse periodic data & report for any discrepancy in the data; Collect, organize and analyse data from internal and external sources; Enhance efficiency through automation & technical skills.
Seniority
Senior, hands-on IC