Structured Credit - Securitization Underwriter (Assistant Vice President)
Core
Support the underwriting of a multi-billion-dollar portfolio of asset securitization transactions financed through the asset-backed commercial paper market, working across auto, credit card, and unsecured consumer loan asset types.
Role type
Assistant Vice Principal, Securitization Credit Underwriter
Builds
Asset-Backed Securities (ABS) transactions for the asset-backed commercial paper market
Domain
Financial Services / Structured Credit / Consumer ABS
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure
Required skills
Credit experience in structured finance or securitization, Financial modeling, Collateral analysis, Risk assessment, Financial statement analysis, Regulatory compliance
Preferred skills
5-8 years in Consumer ABS, Experience with auto loans/credit cards/unsecured receivables, Credit risk management frameworks
Technologies
Microsoft Excel, PowerPoint
Responsibilities
Pre-screen new deal opportunities and conduct initial collateral analysis, Participate in due diligence sessions and document client/industry performance, Draft credit approval memoranda for senior review, Assess servicer reports for covenant compliance and Borrowing Base coverage, Validate Borrowing Base models for new transactions, Propose internal risk ratings and monitor facility limits, Prepare Quarterly Portfolio Reviews for management and Risk stakeholders
Seniority
Senior, hands-on IC