AVP, Residential Warehouse Junior Trader

SitusAMC; Salem (OR); On-site; USD 155,000 - 165,000; Full time

Job summary

A financial services company in Salem, Oregon is seeking an AVP to perform data analysis, prepare credit memorandums, and support securitization transactions. Ideal candidates have 1-3 years of experience and a degree in finance or a related field, along with strong quantitative and analytical skills. The role offers a competitive salary and benefits in a collaborative environment.

Benefits

Paid time off

Medical and dental insurance

401K

Qualifications

• 1 to 3 years of relevant experience preferred.
• Solid understanding of credit markets and financial accounting.
• Ability to multi-task in a fast-paced environment.

Responsibilities

• Perform data analysis of collateral portfolios.
• Prepare detailed credit memorandums and coordinate reviews.
• Assist with structuring warehouse securitization transactions.

Skills

Interpersonal skills

Quantitative skills

Analytical skills

Communication skills

Education

Degree in finance, economics, or quantitative background

Tools

Microsoft Excel

PowerPoint

Microsoft Word

Job description

Overview

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!

The AVP will primarily initially support our consumer ABS (autos/credit cards/specialty finance/equipment finance/BNPL) and non-traditional ABS (whole business securitization/digital infrastructure/royalty streams/IP monetization) asset classes.

Responsibilities

• Perform data analysis of collateral portfolios, historical performance statistics, transaction and collateral cash flow projections, and expected case losses for consumer and non-traditional ABS asset classes
• Prepare comprehensive detailed credit memorandums containing transaction and structural analysis, credit analysis, cash flow model results, and a review of risks and mitigants. Coordinate review and approval of new transactions, as well as amendments/waivers for existing transactions with members of Group Risk
• Assist with conducting client, seller, and servicer due diligence in coordination with new and existing transactions
• Assist with structuring warehouse securitization transactions (initially in a primarily analytical capacity with a longer-term goal of developing legal and structural expertise in ABS asset classes)
• Assist senior members of the team with negotiating transaction legal documentation with clients, external counsel, and internal legal team members
• Run transaction returns using companies-internal capital models and help prepare capital committee approval documents
• Conduct active portfolio and transaction monitoring tasks using companies internally developed portfolio monitoring systems and reviewing servicer/settlement/manager reports on an ongoing basis
• Coordinate transaction closing mechanics with middle office, conduit funding desk, operations, legal, compliance and other internal stakeholders to close and fund new transactions, as well as support ongoing operational needs for clients (act as the primary client interface for post-close deal support)

Essential Skills / Basic Qualifications

• 1 to 3 years of relevant experience preferred (securitization/ABS exposure preferred but not required)
• Degree in finance, economics, or a quantitative / STEM background preferred but not required (also open to structured finance legal backgrounds)
• Solid understanding and interest in credit markets, financial accounting, statistics, and corporate and investment banking products
• Strong interpersonal and communication skills, both oral and written
• High proficiency in Word, PowerPoint, Excel
• Strong quantitative and analytical skills
• Ability to multi-task across time sensitive deal-flow in a fast-paced environment

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

Regulated Role

This role is regulated by FINRA

Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

$155,000.00 - $165,000.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

Pay Transparency Nondiscrimination Provision (https://go.situsamc.com/rs/962-QMP-613/images/pay-transp_%20English_formattedESQA508c.pdf?version=0)

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf)