Senior Director, Research and Originations

Location Designation: Hybrid - 4 days per week 

As a top 25 global asset management firm with more than $800 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations.

A $300bn + asset manager is looking to add a Senior Director to its Structured Finance research and origination team focused on the non-traditional commercial and consumer asset backed securitizations (“ABS”) in addition to Fund Finance. The team is focused on originating and executing 4(a)2 private placement and 144A securitized transactions including private debt deals, asset spot purchases, and forward flow programs in addition to warehouse lending. Coverage sectors include digital infrastructure (data centers, fiber networks), transportation (aviation, rail, container), equipment finance, whole business, solar loans and leases, student Loans, home improvement, unsecured consumer, single family rental (“SFR”) residential mortgages (“RMBS”), Subscription Lines, NAV Loans and Rated Feeders.

What You’ll Do:

• The candidate must be able to support their origination efforts and other team members by performing and/or supervising credit, collateral, legal, cashflow and structural analysis as well as review legal documentation.


• The individual will be expected to work closely with commercial and investment banks, finance companies, asset originators, asset managers and private equity funds, rating agencies, internal and external legal counsels, accounting, and regulatory personnel to ensure proper accounting and regulatory capital treatment.


• Underwriting new issue and secondary investment opportunities within the ABS and Fund Finance markets


• Negotiating document terms with issuers, sponsors and other transaction parties


• Analyzing collateral to develop modelling assumptions and providing credit quality assessment


• Presenting results from transaction-specific and sector-wide analyses to wider internal and external audiences, including portfolio managers and clients


• Maintaining views on industry-wide issues that impact originators, broker/dealers & investors.


• Responsibilities may include monitoring U.S. and global regulatory changes, accounting and capital requirement changes, federal, state, and global lending laws, and any legal precedents.


• Undertaking the ongoing monitoring and analysis of portfolio positions to assess credit risk, credit ratings stability, cash flow volatility, portfolio positioning, and trading opportunities

What You’ll Bring: 

• Minimum 15 years’ experience in ABS and or Fund Finance markets in a buy side or sell side research role


• Demonstrated ability to source, underwrite, document, and monitor transactions


• Prior experience in credit research, risk evaluation, collateral performance assumptions with scenario and sensitivity analysis, cashflow modeling, and negotiation of deal terms


• Robust knowledge of the ABS issuers, intermediaries, and investors


• Strong understanding of U.S. securitization structures, legal foundations, and legal transaction documents


• Excellent attention to detail and the ability to work independently while contributing to the overall team culture


• Strong verbal and written communication skills

#LI-AM1

Pay Transparency

Salary Range: $184,000-$263,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 93609