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GENERAL FUNCTION:
Client-facing deal execution role (Senior Associate / VP), part of deal team working on asset securitization transactions focusing on both Consumer (auto, card, unsecured, and home improvement) and Commercial (aviation, rail, container, and equipment, esoteric, and digital infrastructure, amongst other) asset classes. Responsible for execution of securitization asset financings including structuring, lending, securitization and private placement (144a or 4a2), portfolio purchase, and advisory. Work with ABF Credit Solutions to support existing management of the current portfolio and clients. Perform all underwriting and work with Credit Risk on opportunities, either loan or other format. Key support role in origination of ABS and private placement and 144a and 4a2; active in all components of execution: including pitching, creating analysis and pitch content, all elements of deal execution, idea generation, rating agency dialogue along with modeler/structurer.
A Senior Associate will begin to play a leadership role in the evolution and development of the groups pitch materials and modeling and analytical work as well as running the transaction execution process including the creation of financial models and other materials. A Senior Associate may also provide management and oversight of Analyst pool to ensure the production of a high quality work product.Please see below for specific responsibilities and requirements for this role.
YOUR RESPONSIBILITIES:
The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.
Work as a part of a team to deliver and execute solutions that generate capital markets revenue from a targeted list of clients and prospects.
Support Relationship Managers and prioritize a pipeline of securitization opportunities.
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.
Participate and provide key support in pitching, driving, leading, managing and closing all aspects of ABS and loan/note asset securitization transactions in public or private markets.
Management of ABS/private placement transaction processes from origination to closing including any rating agency agreement/analysis/dialogue/3rd party coordination and organization/coordination with Syndicate/discussion with investors and operational aspects for these transactions
MINIMUM REQUIREMENTS:
Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or relevant advanced degree/certification (e.g., CFA) preferred but not required.
5-7 years of total relevant investment banking, capital markets or corporate finance experience, including prior Associate-level responsibilities; internal promotion candidates typically have 5-7 total years' experience.
Proven project leadership across multiple concurrent transactions with tight deadlines; ability to manage across senior bankers and external advisors.
Securities Industry Essentials (SIE), Series 79, and Series 63 licenses (or ability to maintain/obtain within company policy).
Advanced proficiency in Microsoft Excel and PowerPoint.
REQUIRED SKILLS:
ABS 144a, 4a2, and loan-format deal execution performance history and credit underwriting skills
Working experience with credit rating agencies and legal teams used in ABS sector financings
Strong understanding of structural mechanics for ABS transactions
Solid experience of financing securitization facilities (Warehouse, term loan, portfolio)
Team player with the ability to collaborate with sector leads and teams on multiple transactions at any one time
SKILLS FOR SUCCESS:
Successful candidates will demonstrate a higher degree of proficiency (typically from 5-7 years of practical experience or advanced academic exposure) across the following areas:
Execution Leadership: Anticipate roadblocks, manage critical paths, and ensure on-time, on-quality delivery across complex engagements.
Client Impact: Elevate client dialogue with insights on valuation, credit, process strategy, and market dynamics.
Commercial Acumen: Support origination with idea generation and by identifying cross-sell opportunities across the platform.
Team Building: Develop junior talent through structured feedback, training moments, and role-modeling of best practices.
Risk Management: Proactively identify and mitigate operational, reputational, and compliance risks.
DOING THE RIGHT THING: Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets -including you?.
Senior Associate or Vice President - Asset Backed Finance
Total Base Pay Range 82,100.00 - 172,500.00 USD Annual
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- New York, New York 10020
Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
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.
