Education/ Experience and Skill Requirement
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MBA/M Tech/Masters in Statistics from a Tier I or II B-school or B Tech from a reputed university
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Candidate with 6-8 years of experience in transaction modeling using MS Excel and VBA, preferably in structured finance and/or other fixed income/debt products
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Proficiency with Collateral Analysis System (CAS) tool and excellent excel skills
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Industry specific experience (ABS, RMBS & CMBS), excel based cash flow modeling
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Ability to move into leadership role and drive the projects within stipulated timelines
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The ability to function well independently and in a team environment is crucial
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Excellent communication and inter personal skills required
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Self-motivated candidate having awareness about the fixed income and structured finance market
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Demonstrated creative and critical thinking skills. Also, exhibits firefighting skills
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Ability for establishing new processes/protocols, knowledge transfer, upskilling resources
Responsibilities
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Loan tape cracking – Prepare Stratification and replines on RMBS, ABS, CMBS and Student loans etc. using CAS (Collateral Analysis System) to help the bankers on advisory, structuring and funding
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Review collateral numbers in the new issuance deal and tie-out the term sheet with accountants and lawyers for any specified securitization deals
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Perform collateral analysis and structuring
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Coordinate with the onshore team on pricing of loan tapes for RPLs & NPLs mortgages, and Prime Jumbo loans
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Prepare and run various scenarios of cash flow model in INTEX to help the bankers in analyzing the residual interest
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Prepare various scenario’s in rating agency credit model
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Review findings from re-underwriting and compliance review for the funding of the loans. Work through exceptions with due diligence team and issuer
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Prepare periodic (weekly / monthly) structured product newsletters
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Prepare and track the performance of Conduits/warehouse lines of credit
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Update and analyze new ABS Issuance database using tools such as Bloomberg, IFR etc.
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Update collateral performance for various ABS deals of specific issuers
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Assessing cost of funds and providing summary on the return on the capital through securitization
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Calculating risk weighted asset (RWA) for a securitization position