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GENERAL FUNCTION:
Leadership role, directing deal teams working on asset securitization transactions.
Develop relationships with senior executives both inside the bank and at our clients and prospects.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and leading securitization transactions.
Responsible for working with Relationship Managers to originate securitization opportunities, structuring, and execution of asset financings including lending, securitization, private placement, portfolio purchase, and advisory.
Work with Portfolio Managers to support existing management of the current portfolio and clients.
Perform all underwriting and work with Credit on all execution opportunities.
Key role in origination of ABS and private placement including pitching, creating analysis and pitch content, all elements of deal execution, idea generation, rating agency dialogue along with modeler/structurer.
Will also be involved in establishing key policies and procedures related to lead left and right roles on ABS and private placement transactions.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.
Accountable for always doing the right thing for customers and colleagues and ensure that actions and behaviors drive a positive customer experience.
While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Develop and maintain relationships with internal and external clients focused on the delivery of advice and analysis to prospects and clients considering alternative debt financing solutions including asset securitizations.
Work as a part of a team with the Relationship Managers and DCM Originators to deliver solutions that generate capital markets revenue from a targeted list of clients and prospects.
Manage and prioritize a pipeline of securitization opportunities.
Identify, research and analyze potential new asset classes.
Provide leadership in the evaluation and execution of securitization transactions.
Provide leadership in the monitoring and reporting of the securitization portfolio.
Create and deliver high value-added financial analysis and market advice to current and prospective securitization clients.
Provide leadership around the creation and delivery of capital markets (asset securitization) presentation materials.
Lead and participate in pitching, managing and closing asset securitization transactions.
Provide support to the Capital Markets businesses by assessing whether securities products and capital markets services would be appropriate for a particular client, and working with the Capital Markets teams to provide those products and services to clients.
Pitch, structure, negotiate, market, and execute/close all client transactions
Management of ABS/private placement transaction processes from origination to closing including any rating agency agreement/analysis/dialogue for these transactions
Work with Sales and Syndicate to identify investor relationships and drive active engagement with client and investors
Support other areas of Asset Backed Finance team, when applicable, in Consumer or other sectors, to drive and share ABS execution experience and guidance
SUPERVISORY RESPONSIBILITIES:
Direct day to day management and supervision of an Asset Securitization Team.
Provide employees timely, candid, and constructive performance feedback; develop employees to their fullest potential by providing challenging opportunities, management and distribution of tasks to ensure successful deal execution and ongoing deal management, and processes for waivers/amendments.
MINIMUM KNOWLEDGE & SKILLS REQUIRED:
10+ years of experience in Banking, Investment Banking or Capital Markets.
Strong ABS execution and credit underwriting skills
Developed client relationships and management skills within specific ABS sector
Proven track record of success in originating, structuring, and closing asset securitization transactions- lending, ABS, private placement
Excellent presentation skills, both oral and written
Strong working experience with credit rating agencies and legal teams used in ABS sector financings
Experience in working with rating agencies and modeling scenarios/stress-case
Strong understanding of transaction models and understanding structural mechanics for esoteric assets
Solid experience of financing facilities (Warehouse, term loan, portfolio)
Team player with the ability to be a leader and manager for the sector and team on multiple transactions at any one time
Securities Industry Essentials (SIE), Series 7/79/63 license required.
Director-Asset Backed Finance & Securitization-Origination & Execution-Transportation & Large Ticket Equipment
Compensation for this position is largely incentive-based.
Incentives are combined with either a base salary or a draw, resulting in total cash compensation.
More information can be obtained upon request.
LOCATION -- New York, New York 10019
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.