Vice President, Asset-Backed Securitization
Vice President, Asset-Backed Securitization
Our client, a reputable middle market bank in New York City, is seeking a highly skilled Vice President of Asset-Backed Securities (ABS) Valuations to join their dynamic ABS group. This role involves leading the valuation efforts for various asset-backed securities, ensuring precise and timely assessments, and providing strategic insights to support the bank's ABS portfolio. The ideal candidate will possess in-depth experience in ABS, strong analytical skills, and a deep understanding of valuation methodologies.
Key Responsibilities:
* Lead the valuation process for a diverse portfolio of asset-backed securities, including auto loans, credit card receivables, residential mortgages, and other asset classes.
* Develop and implement robust valuation models and methodologies to ensure accurate and consistent valuations.
* Conduct detailed analysis of underlying assets, cash flow projections, and risk factors to determine fair value.
* Collaborate with internal teams, including credit, risk, and portfolio management, to gather necessary data and insights for valuations.
* Prepare and present valuation reports and findings to senior management and external stakeholders.
* Monitor market trends, regulatory changes, and industry developments to ensure compliance and inform valuation practices.
* Provide strategic recommendations based on valuation analysis to support investment decisions and portfolio management.
* Mentor and develop junior analysts and associates within the ABS group.
* Maintain strong relationships with external parties, including rating agencies, auditors, and legal counsel.
Qualifications:
* Bachelor's degree in Finance, Economics, Accounting, or a related field; advanced degree (MBA, CFA) preferred.
* Minimum of 6 -10 years of experience in asset-backed securities, with a focus on valuations.
* Strong understanding of ABS structures, securitization processes, and valuation techniques.
* Proficiency in financial modeling and valuation software (e.g., Excel, Bloomberg, Intex).
* Excellent analytical, problem-solving, and communication skills.
* Ability to work independently and manage multiple projects simultaneously.
* Detail-oriented with strong organizational and time management skills.
* Knowledge of regulatory requirements and industry best practices related to ABS valuations.
Preferred Skills:
* Experience with non-traditional asset classes and esoteric ABS.
* Familiarity with SEC Regulation AB II and its impact on ABS valuations.
* Strong network within the ABS industry and related sectors.
Compensation:
* Competitive salary and performance-based bonus.
* Comprehensive benefits package, including health, dental, and retirement plans.
* Opportunities for professional development and career advancement.
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your resume and details on file so when we see similar roles or see skillsets that drive growth in organizations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your resume so you can be considered for roles that have yet to be created.
Yes, we help with resume and interview preparation. From customized support on how to optimize your resume to interview preparation and compensation negotiations, we advocate for you throughout your next career move.