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Deutsche Bank · 1 month ago

ABS Due Diligence Associate

New York, 1 Columbus Circle

Full-time

Hybrid

New Grad, Entry Level

$135K/yr - $175K/yr

Deutsche Bank is a leading global investment bank and financial services company, and they are seeking an ABS Due Diligence Associate to join their team. In this role, you will participate in due diligence sessions and support the review and Operational Risk Assessment of warehouse lending facilities secured by various ABS asset classes.

BankingFinanceFinancial Services

Responsibilities

Participate in due diligence sessions with potential and current clients

Support the review and Operational Risk Assessment of warehouse lending facilities secured by various ABS asset classes, including but not limited to residential mortgages, consumer loans, commercial leases, middle market loans, digital infrastructure assets, ensuring exposures are consistent with Bank’s risk appetite and best practices

Work with deal closing teams and Credit Risk Management to ensure transactions are appropriately structured with adequate operation risk mitigation to address relevant adverse scenarios at the time of closing or amendment

Facilitate with third party audit firm to perform reviews on finance facilities. See the audit through from finalizing the scope, ensuring audit is moving along in a timely basis, and following up on any findings

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

Participate in broader projects and initiatives, including portfolio monitoring, ad hoc reporting, and audit requests

Qualification

Analytical skillsFinance degreeUnderstanding loan agreementsSecuritization structuresCommunication skills

Required

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

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

Ability to read and understand complex loan agreements

Preferred

Experience with securitization structures, involving non-traditional asset classes and related rating agency methodologies

Field auditing experience not required but a plus

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