Job Title Credit Officer - Asset Backed Securities / Securitization
Corporate Title Associate
Location Jacksonville, FL
Overview
You'll be joining the US Credit Risk Management - Asset-Backed Securities / Securitization team. The team is tasked with managing the credit risk associated with Deutsche Bank's securitization financing activities in the US. Credit officers are responsible for analysis and approval of securitization transactions, setting and monitoring facility limits, negotiating credit terms with the responsible business line, ongoing risk monitoring and stress testing of exposures. Credit officers will manage a portfolio of lending commitments spanning a variety of financing structures across the securitized products sector including Asset Backed Securities, Residential Mortgage- Backed Securities and Collateralized Loan Obligation.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You'll Do
Support the credit approval of securitized transactions, ensuring exposures are consistent with bank's risk appetite
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, 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 reporting
Skills You'll Need
Bachelor's degree in Finance, Accounting, Economics, or related fields
Ability to evaluate cash flow models used to project transaction performance, ensuring all relevant and appropriate scenarios and assumptions are adequately incorporated
Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders
Skills That Will Help You Excel
Prior experience in credit risk management or related experience involving securitized products
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
Expectations
It is the Bank's expectation that employees hired into this role will work in the Jacksonville Florida office in accordance with the Bank's hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability, pregnancy, and/or religion.
The salary range for this position in Jacksonville, FL is $60,000 to $86,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
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https://careers.db.com/life
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We welcome applications from all people and promote a positive, fair and inclusive work environment.
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