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Deutsche Bank · 20 hours ago

Credit Officer – Asset Backed Securities / CLO - Assistant Vice President

New York, NY

Full-time

Hybrid

Mid, Senior Level

$100K/yr - $153K/yr

Deutsche Bank is a leading global investment bank providing financial services to a diverse client base. The Credit Officer for Asset Backed Securities/CLO is responsible for managing credit risk associated with securitization transactions, overseeing credit approvals, and ensuring compliance with risk appetite.

BankingFinanceFinancial Services

Responsibilities

Support the review and credit approval of Collateralized Loan Obligation (CLO) warehouse facilities secured by middle market and broadly syndicated corporate loans, ensuring exposures are consistent with bank’s risk appetite

Work with 1 Line of Defense (LoD) to ensure transactions are appropriately structured with adequate risk mitigation to address relevant adverse scenarios

Analyze the quality of underlying collateral, considering factors such as credit rating, strength of counterparty, industry trends and macroeconomic conditions are appropriately accounted for

Stay informed about market trends and conditions that may impact the performance of securitized assets, helping to anticipate and mitigate potential risks

Prepare detailed credit memos for approval with the relevant approvers and, where appropriate, present at relevant credit committees

Participate in broader projects and initiatives, including portfolio monitoring, stress testing and regulatory / audit requests

Qualification

Credit risk managementCLO structuresAnalytical skillsCash flow modelsSecuritization structuresCommunication skillsAttention to detailWork independently

Required

Credit risk management knowledge including experience with CLO structures financing middle-market and / or broadly syndicated loans

Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders

Ability to evaluate cash flow models used to structure transactions

Bachelor's degree in Finance, Accounting, Economics, or related fields

Preferred

Ability to work independently and under time pressure

Experience with securitization structures, rating agency methodologies and corporate credit analysis particularly involving high yield companies

Strong analytical skills paired with excellent communication skills, both written and verbal, with the ability to present information in a structured, clear, and concise way