Principal, Asset-Backed Securities (ABS) Deal Captain

THE TEAM

RRAM’s Structuring & Advisory team oversees Redding’s debt structuring (~27bn of BSL CLOs and Corporate Bonds)  and aids in Apollo’s Private Rated Credit initiatives.  Apollo’s Private Rated Credit initiatives include support for Apollo’s 16 Origination Platforms and other issuers utilizing ABS, Corporate and Fund rating methodologies to find the most efficient solution to creating rated debt.  Having helped issue and rate over $48bn of debt in 2024, Redding’s success is driven by its ability to take a long-term view with our partners to achieve an optimal outcome. Redding’s concierge approach starts with understanding the goal and treating each situation as if it could be ABS, Fund or Corporate Debt and not as a one off transaction.  This synergistic approach to rating and managing debt has lead to, what we believe to be, innovations in structuring.

In partnership with Apollo Global Management and driven by RRAM's long-term strategic vision, the Structuring & Advisory team has successfully harnessed best in class financing structures to revolutionize and expand the scope of Private Credit & Asset Backed Finance, offering the right candidate an unparalleled opportunity to directly contribute to these innovative efforts. 

THE ROLE

We’re always looking to add talented professionals to our Structuring & Advisory team — individuals who are motivated to grow in a meritocratic and entrepreneurial environment. For those eager to make an impact in a fast-evolving space, we offer a unique opportunity to contribute meaningfully to these innovative efforts. If you're ready to take the next step in your career, we encourage you to explore our open roles or connect with a member of the team.

The Structuring and Advisory team at Redding Ridge Asset Management ("RRAM") seek a talented Asset-Backed Securities ("ABS") Principal with strong attention to detail and excel skills to join its growing Asset Backed & Fund Finance structuring function in New York. 

RESPONSIBILITIES

The Principal will support global Senior Structurers across lower flow and novel securitizations as well as long-term issuers. The ideal candidate will have a strong background in asset-backed finance with specific expertise in rated lower flow ABS (Equipment Lease, Containers, Data Centers, Fleet Lease, Digital Infrastructure..).

Specific Responsibilities Include:

• Work closely with senior structures and other stake holders, including Apollo, Athene and Apollo platform companies, to assist in all stages of deal structuring and execution.


• Build and run cashflow models using Excel and Intex for various ABS asset classes, including replicating rating agency stress scenarios.


• Analyze historical portfolio and performance data to derive base case and rating agency stressed case assumptions.


• Create portfolio stratification tables in Excel by manipulating large data tapes.


• Communicate with legal counsel and rating agencies to ensure timely ratings.


• Draft and maintain deal trackers, issues list.


• Assist with investor and rating agency presentations.


• Maintain rating agency criteria grid and transaction comp sheets across ABS asset classes.

QUALIFICATIONS

Current successful team members have work experience at sell side banks, accounting firms, rating agencies & law firms and educational experiences in Engineering, Computer Science, Mathematics, Accounting & Business.

• Bachelor's degree in finance, accounting, mathematics or a related field


• 7+ years of experience in ABS structuring and modeling


• Proficiency in Intex (dealmaker and calc) and Excel, VBA a plus


• Proactive, ability to think outside the box, and strong problem-solving skills


• Knowledge of rating agency ABS methodologies and rating agency modeling stresses, with desire to learn more asset classes


• Strong written and verbal communication skills


• Proven ability to multi-task and prioritize in a fast-paced environment to meet tight deadlines

BASE PAY

$300,000

The base salary range for this position is listed above and is dependent on individual candidate experience and skills. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including experience and expertise, and may vary from the amounts listed here.

Redding Ridge Asset Management and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.