In this role, you will be a member of Deutsche Bank's Collateralized Loan Obligation (CLO) Primary franchise within the Asset-Backed Securities team, reporting to the Head of US CLO Primary. The remit of the US CLO Primary team encompasses a broad range of sectors, including broadly syndicated CLOs, middle market CLOs, venture/recurring revenue securitizations, infrastructure CLOs and certain other collateralized corporate debt securitizations. This role will have responsibility for managing all aspects of the structuring and execution of new issue CLO transactions, from initial pitch stage through to closing settlement and execution, including establishing warehouses, supervising portfolio analysis, cash flow modeling, capital structure tranching and optimization, preparing marketing material, responding to investor diligence requests, obtaining the target tranche ratings, negotiating legal documentation and facilitating settlement and execution. In such role, you will interact with a wide variety of stakeholders, both internally and externally, requiring strong communication skills, both written and oral.
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
Develop and cultivate a broad network of direct relationships with both issuers and investors across the wide spectrum of the CLO Primary team's products
Interact with a broad range of internal and external transaction participants, including asset manager clients, prospective investors, secondary trading, sales and research colleagues, rating agencies, internal risk management functions, trustees, collateral administrators, corporate service providers, legal counsels and regulatory, tax and accounting experts
Leading the establishment and negotiation of warehouse facilities; obtaining internal transaction approvals from risk management functions, including credit, legal, regulatory, and accounting; determining capital structure tranching and optimization; assisting with preparation of marketing material
Responding to investor due diligence requests; liaising with rating agencies to obtain the target tranche ratings
Reviewing and negotiating legal transaction documentation; performing market research and analytics
External representation of the Deutsche Bank CLO franchise on industry panels and conferences
How You'll Lead
Managing all structuring and execution aspects for certain transactions within the Deutsche Bank's US CLO Primary sphere - this includes a broad range of products, encompassing broadly syndicated CLOs, middle market CLOs, venture/recurring revenue securitizations, infrastructure CLOs, environmental, social, governance CLOs and certain other corporate debt securitizations
Supervising monitoring and reporting on warehouse risk exposure; supervising portfolio analysis
Supervising cash flow modeling and scenario analysis; supervising closing settlement and execution
Skills You'll Need
Prior CLO experience in CLO structuring
Ability to project manage multiple transaction counterparties to meet deadlines
Ability to multi-task while leading concurrent transactions
Good quantitative skills
Anticipate needs: demonstrate initiative & pro-activeness with a willingness to learn
Ability to develop junior resources
Skills That Will Help You Excel
Curious attitude with desire to dig deeper to develop a detailed understanding
A positive attitude and the ability to work as part of a team
Excellent communication skills, both written and oral
Strong attention to detail; excellent organization / prioritization skills
Work well under pressure
It is the Bank's expectation that employees hired into this role will work in the New York, NY 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 and/or religion.
The salary range for this position in New York City is $190K to $300K. 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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
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Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .