ABS Due Diligence Associate

Deutsche Bank is a global investment bank and financial services company, and they are seeking an ABS Due Diligence Associate to join their team. The role involves participating in due diligence sessions, supporting operational risk assessments, and facilitating audits for warehouse lending facilities secured by various ABS asset classes.

Responsibilities

• Participate in due diligence sessions with potential and current clients
• Support the review and Operational Risk Assessment of warehouse lending facilities secured by various ABS asset classes, including but not limited to residential mortgages, consumer loans, commercial leases, middle market loans, digital infrastructure assets, ensuring exposures are consistent with Bank’s risk appetite and best practices
• Work with deal closing teams and Credit Risk Management to ensure transactions are appropriately structured with adequate operation risk mitigation to address relevant adverse scenarios at the time of closing or amendment
• Facilitate with third party audit firm to perform reviews on finance facilities. See the audit through from finalizing the scope, ensuring audit is moving along in a timely basis, and following up on any findings
• Stay informed about market trends and conditions that may impact the performance of securitized assets, helping to anticipate and mitigate potential risks
• Participate in broader projects and initiatives, including portfolio monitoring, ad hoc reporting, and audit requests

Skills

• Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders
• Bachelor's degree in finance, Accounting, Economics, or related fields
• Ability to read and understand complex loan agreements
• Experience with securitization structures, involving non-traditional asset classes and related rating agency methodologies
• Field auditing experience not required but a plus
• 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

Benefits

• Health and wellbeing benefits
• Retirement savings plans
• Parental leave
• Family building benefits
• Educational resources
• Matching gift
• Volunteer programs

Company Overview