Advanced Structured Finance Specialist
2 days ago
In this role, you will work with the Trust & Agency Services (TAS) Corporate Trust Structured Finance Services business to provide trust administration for Structured Finance transactions. This includes deal calculations for bond payment and best-in-class reporting for clients and investors.
You will be responsible for developing cash flow models and processing them to support bond payments to investors of mortgage-backed and asset-backed securities and collateralized debt obligations. This requires a strong understanding of securities industry principles and experience in using SQL.
The ideal candidate will have a Bachelor of Science/Engineering or qualified CA/CFA with a high GPA and at least 2 years of professional experience. Previous experience in developing cash flow models and exposure to the securities industry is also necessary.
Key Responsibilities- Read and interpret governing legal and issuer documents, including Prospectuses/Offering Circulars, Bond Indentures, and Pooling and Servicing Agreements.
- Develop and test cash flow models, validating their accuracy against prospectus supplement tables for decrement and confirming bond yields produced from cash flow models against yields provided by authorized third parties.
- Process and review Bond Payments for MBS, ABS, CDO, and similar structured product deals in an In-House platform (iMAKE) based on Offering Circulars/Indenture/Pooling & Servicing Agreement and using best practices followed in the Group.
- Offer the highest level of customer service by understanding overall deal structure and bond payments to provide internal and external clients with explanations to support cash flow model output.
- Bachelor of Science/Engineering or qualified CA/CFA with a high GPA and at least 2 years of professional experience.
- Previous experience in developing cash flow models and exposure to the securities industry.
- Must have proven skills in MS Excel and/or MS Access with good scripting skills in VBA.
- Experience in using SQL.
- Demonstrated ability to handle multiple and often competing projects under tight deadlines and pressure.
This estimate is based on industry standards for the location and job requirements. The actual salary may vary depending on individual qualifications and performance.
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