Job Description:
Job Title: Origination and Execution Banker
Corporate Title: Director
Location: New York, NY
Overview
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 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 Expectations
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
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct@DB.com .
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authenti-cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
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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 .
