ABS Primary Desk Mortgage and Real Estate Finance

Corporate Title VP/Director

Location New York, NY

Overview

Deutsche Bank’s Structured Credit group is looking for a VP/Director to join the financial engineering team in New York, NY.  The candidate must possess creativity and technical expertise within quantitative methods and analytical finance with a specific focus on residential mortgage and real estate modeling.  The candidate must have expertise in utilizing quantitative techniques in collateral analysis, securitization, and structural analysis – across multiple asset classes, investor preferences and issuer requirements.  The individual must be able to operate independently as well as have the ability to work effectively within a team.

What You'll Do

• Perform detailed collateral analysis on all residential mortgage and real estate asset types
• Use stratifications and other reporting tools to effectively convey pool characteristics, concentrations, distributions, and risks. Proactively determine missing, incomplete, and inaccurate information
• Serve as the primary point of contact between the team and clients, rating agencies, attorneys, accountants, and others on all matters related to collateral characteristics and analysis
• Provide valuations and marks across a wide range of mortgage and real estate assets as well as cash flow modeling and bond structuring in both Excel and Intex for securitizations as well as internal credit analysis

Skills You’ll Need

• Bachelor’s degree, preferably in mathematics, statistics, science, engineering or computer science is strongly preferred, proven experience in Asset Backed Securities/Residential Mortgage-Backed Securities (ABS/RMBS) structuring
• Extensive prior experience with collateral analysis and cashflow modeling, familiarity with transaction legal documents review and rating agency methodologies.
• Excellent Excel skills required, ability to develop customized spreadsheet applications and VBA coding experience a strong plus, strong proficiency with Intex Calc as well as Dealmaker, knowledge Bloomberg, Corelogic, Trepp and other market data sources a plus
• Strong analytical and fixed income math skills required.
• Strong independent problem-solving skills and, excellent communication skills, work ethic, and temperament, especially in time-critical and pressure situations
• Ability to work on various ad hoc projects related to the capital markets function with limited guidance, ability to work in a complex environment as a significant idea contributor and team player in situations involving multiple geographic and financial markets