ABS Lender Finance Originator

Job Description:

Job Title Structured Credit / Lender Finance

Corporate Title Associate

Location New York, NY

Overview

Deutsche Bank Securities, Inc. seeks an Associate within the Global Credit & Financing Solutions complex in New York, NY.  This individual will play an integral role in the Lender Finance platform and will contribute to deal selection, execution and interaction with clients and bank syndicate members, support new origination efforts along with portfolio management and collateral monitoring of existing positions. Lender Finance encompasses all corporate credit risk within the ABS franchise, including transactions backed by middle market, broadly syndicated, and venture loan portfolios to well-known US and global asset managers. 

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

• Update marketing materials and develop presentations to assist in marketing ABL lender finance transactions for private debt (credit funds and BDC managers)
• Draft term sheets and negotiate terms with prospective clients
• Create Excel borrowing base models for bi-lateral credit facilities
• Coordinate with external counsel to document new transactions / amendments
• Liaise with various internal functions to manage deal approval workstreams;
• Prepare credit memorandums for Credit Risk Management in connection with mandated transactions
• Present prospective transactions to management for business approval
• Model financial transactions using Excel for internal risk assessment
• Assist with syndicating transactions to partner institutions
• Communicate with clients and syndication bank partners regarding portfolio-related matters
• Assist with management of the Lender Finance portfolio; review quarterly and monthly servicer reports
• Monitor portfolio revaluation events / assess risk profile of these investments and make corresponding recommendation to front office and credit risk management team
• Participate in telephonic discussions with portfolio managers regarding asset approval requests
• Help with preparation of internal reports for senior management;
• Stay informed of key trends related to high-risk industries and middle market and loan leverage market developments
• Work on ad hoc projects as needed

Skills You’ll Need

• Bachelor’s degree in Finance, Mathematics or related field
• Proven experience in formal banking or transaction-related experience and/or credit underwriting with a nationally recognized financial institution;
• Experience with execution and/or underwriting of both cash-flow and asset-based transactions
• Financial statement analysis
• Exceptional analytical, quantitative and communication skills
• Strong organizational skills and detailed oriented
• Flexibility to handle multiple tasks and change priorities
• Strong interpersonal skills
• Demonstrate ability to work effectively as part of a team
• Legally eligible to work in the United States.

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 $140,000 to $170,000. 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.

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

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com.

#LI-HYBRID

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.