Job Description:
Job Title ABS CLO Director
Corporate Title Director
Location New York
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
What You’ll Do
- Managing all structuring and execution aspects for certain transactions within the DB US CLO Primary sphere – this includes a broad range of products, encompassing broadly syndicated CLOs, middle market CLOs, venture/recurring revenue securitizations, infrastructure CLOs, ESG CLOs and certain other corporate debt securitizations
- Develop and cultivate a broad network of direct relationships with both issuers and investors across the wide spectrum of the CLO Primary team’s products
- Interact with a broad range of internal and external transaction participants, including asset manager clients, prospective investors, secondary trading, sales and research colleagues, rating agencies, internal risk management functions, trustees, collateral administrators, corporate service providers, legal counsels and regulatory, tax and accounting experts
- Leading the establishment and negotiation of warehouse facilities
- Supervising monitoring and reporting on warehouse risk exposure
- Obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory and accounting
- Supervising portfolio analysis
- Supervising cash flow modeling and scenario analysis
- Determining capital structure tranching and optimization
- Assisting with preparation of marketing material
- Responding to investor due diligence requests
- Liaising with rating agencies to obtain the target tranche ratings
- Reviewing and negotiating legal transaction documentation
- Supervising closing settlement and execution
- Performing market research and analytics
- External representation of the DB CLO franchise on industry panels and conferences
Skills You’ll Need
- Prior CLO experience in CLO structuring
- Strong attention to detail
- Curious attitude with desire to dig deeper to develop a detailed understanding
- Ability to project manage multiple transaction counterparties to meet deadlines
- Ability to multi-task while leading concurrent transactions
- A positive attitude and the ability to work as part of a team
- Good quantitative skills
Skills That Will Help You Excel
- Excellent communication skills, both written and oral
- Anticipate needs: demonstrate initiative & pro-activeness with a willingness to learn
- Excellent organization / prioritization skills
- Ability to develop junior resources
- Work well under pressure
Expectations
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 190k-300k. 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.
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
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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.