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About the Role

The Credit Officer - Asset Backed Securities role is within the US Credit Risk Management - Securitization team, responsible for managing credit risk associated with Deutsche Bank’s securitization financing activities in the US. This position will help oversee and credit risk manage the Asset Backed Securities (ABS) / Asset Finance Business.

Responsibilities

• Support the review and credit approval of securitized warehouse lending facilities secured by various ABS asset classes, including residential mortgages, consumer loans, commercial leases and digital infrastructure assets, ensuring exposures are consistent with Bank’s risk appetite.
• Work with the First Line of Defense (1LoD) to ensure transactions are appropriately structured with adequate risk mitigation to address relevant adverse scenarios.
• Analyze the quality of underlying collateral, considering factors such as credit rating, strength of counterparty, industry trends and macroeconomic conditions.
• Stay informed about market trends and conditions that may impact the performance of securitized assets, helping to anticipate and mitigate potential risks.
• Prepare detailed credit memos for approval with the relevant approvers and present at relevant credit committees.
• Participate in broader projects and initiatives, including portfolio monitoring, stress testing and regulatory / audit requests.
• Build relationships with 1LoD colleagues, challenging assumptions while providing constructive feedback.
• Communicate credit views to senior management and help mentor and manage junior staff.
• Lead responses and discussions related to audit and regulatory inquiries.

Requirements

• Credit risk management knowledge including experience with ABS structures.
• Good analytical skills with attention to detail, ability to explain potentially complex and nuanced transaction structures to the relevant stakeholders.
• Ability to evaluate cash flow models used to structure transactions.

Skills

• ABS structures
• Analytical skills
• Attention to detail
• Ability to explain complex transaction structures
• Ability to evaluate cash flow models
• Ability to work independently
• Ability to work under time pressure
• Securitization structures
• Non-traditional asset classes
• Rating agency methodologies
• Strong analytical skills
• Excellent communication skills (written and verbal)
• Ability to present information in a structured, clear, and concise way

Location

• New York, NY

Work Type

• Hybrid
• Onsite

Experience Level

• Vice President

Education Level

• Bachelor’s degree in finance, Accounting, Economics, or related fields

Salary/Compensations

• $125,000 to $222,500

Benefits

• Access to physical, emotional, and financial wellness benefits
• Financial security
• Balance between work and home

About the Company

• We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
• Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

Equal Opportunity

• Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.