Financial Services Risk Management, Structured Finance - Transactions, Manager
Job description
This position could be located in NY, TX.
EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management and Insurance. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team!
The opportunity
The Structured Finance group, is a group within FSO that specializes in addressing varying needs of market participants in the securitization marketplace across asset classes, including asset- backed securities (ABS), commercial mortgage- backed securities (CMBS), residential mortgage- backed securities (RMBS) and collateralized loan obligations (CLO). The securitization market is a dynamic marketplace, continuously evolving with new regulations and technological advances every day. This a great opportunity to work in this fast-paced environment, lead diverse engagement teams, work with a wide variety of clients and lead business development activities on strategic and global priority accounts.
Your Key Responsibilities
The Structured Finance Valuation Analysis and Pricing (VAP) Team provides an array of services to the firm's audit clients in the analysis of their portfolios of fixed income investments, including ABS, CMBS, RMBS and CLOs. Our team leverages our market knowledge and third party technology platforms in order to provide in depth analysis on structured product securities.
- Managing and motivating teams with diverse skills and backgrounds in an inclusive team-oriented work environment
- Playing an active role in counseling and mentoring junior consultants
- Reviewing stratifications of client portfolios and leading discussions with audit teams
- Leading discussions with audit clients on methodologies and assumptions on the valuation of fixed income securities
- Leading teams in obtaining and evaluating cash flow modeling assumptions from third party market providers
- Liaising with third party pricing providers to stay abreast on market events and sentiment
Skills and attributes for success
Strong leadership skills, technical skills, relationship- building skills and integrity. These skills along with having a consistent commitment to delivering only the highest quality of work products to your clients, will allow you to easily integrate into a leadership role within the Structured Finance VAP team and reach your professional development goals.
To qualify for the role you must have
- Bachelor's degree and approximately 5 years structured finance experience or Master's degree and approximately 3 years structured finance experience. Degree in finance, economics, mathematics, accounting, engineering or a related discipline; MBA or MS preferred
- Modeling and valuation experience with fixed income securities
- Working knowledge of the Securities and Exchange Commission's Regulation AB 1122 compliance reporting
- Demonstrated project management, teaming, analytical and problem-solving skills
- Flexibility and willingness to travel and work in excess of standard hours when necessary to meet client deadlines; valid driver's license and passport to meet travel requirements
- Proficient in Microsoft Excel, Bloomberg, Intex, Moody's Wall Street Analytics, Citigroup Yieldbook and transparency tools of pricing vendors
- Strong communication skills
Ideally, you'll also have
Experience leading structured finance consulting projects within a large financial institution or consulting firm.
What we look for
Individuals who demonstrate in-depth technical capabilities, professional knowledge, the ability to quickly assimilate new knowledge and possess good business acumen. Integrity within a professional environment
- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.