NYC Staffing
Vice President, Structured Finance Group
NYC Staffing, New York, New York, United States, 10001
Financial Analyst
Perform financial and investment analyses to structure Collateral Loan Obligation (CLO) transactions backed by Broadly Syndicated, Middle Market loans and Private Credit. Interface with CLO managers and investors to provide structuring advice and collateral analysis with respect to new issue, refinancing and reset deals on specific deal terms including advance rates on bonds, performance triggers, asset level concentration and equity Internal Rate of Returns (IRRs). Performs legal documentation review on CLO offering memorandum and Indentures on the terms for assets acquisition including concentration limitations for the portfolio, transaction waterfalls, permissible trading formulations and investor consent clauses for document amendments. Perform cash flow modelling by applying various statistical techniques including probability distributions and Monte Carlo simulation to arrive at probability of default (PD), loss given default (LGD), and expected loss (EL). Use credit rating agency models and statistical packages in securitization transactions including Moody's Binomial Expansion Technique (BET), Moody's CDOROM, S&P Cashflow Evaluator, Fitch Cashflow model, Intex DealMaker, Intexcalc and various other Excel models. Domestic travel 10%-20% of time. Requirements: Master's of Business Administration, Advanced Management, or a related field plus 3 years of experience. SIE, Series 7, Series 79, Series 63 and FINRA investment professional licenses. Required skill set: securitization equity Internal Rate of Return (IRR) modelling; structured bond yields and breakeven analysis; binomial expansion technique modelling; Monte Carlo simulation modeling; legal credit documents review and synthesis; CLO securitization cashflow modelling. Salary range: $250,000/year to $258,000/year. Minimum Salary: 250,000 Maximum Salary: 258,000 Salary Unit: Yearly
Perform financial and investment analyses to structure Collateral Loan Obligation (CLO) transactions backed by Broadly Syndicated, Middle Market loans and Private Credit. Interface with CLO managers and investors to provide structuring advice and collateral analysis with respect to new issue, refinancing and reset deals on specific deal terms including advance rates on bonds, performance triggers, asset level concentration and equity Internal Rate of Returns (IRRs). Performs legal documentation review on CLO offering memorandum and Indentures on the terms for assets acquisition including concentration limitations for the portfolio, transaction waterfalls, permissible trading formulations and investor consent clauses for document amendments. Perform cash flow modelling by applying various statistical techniques including probability distributions and Monte Carlo simulation to arrive at probability of default (PD), loss given default (LGD), and expected loss (EL). Use credit rating agency models and statistical packages in securitization transactions including Moody's Binomial Expansion Technique (BET), Moody's CDOROM, S&P Cashflow Evaluator, Fitch Cashflow model, Intex DealMaker, Intexcalc and various other Excel models. Domestic travel 10%-20% of time. Requirements: Master's of Business Administration, Advanced Management, or a related field plus 3 years of experience. SIE, Series 7, Series 79, Series 63 and FINRA investment professional licenses. Required skill set: securitization equity Internal Rate of Return (IRR) modelling; structured bond yields and breakeven analysis; binomial expansion technique modelling; Monte Carlo simulation modeling; legal credit documents review and synthesis; CLO securitization cashflow modelling. Salary range: $250,000/year to $258,000/year. Minimum Salary: 250,000 Maximum Salary: 258,000 Salary Unit: Yearly