Our client, a top global Financial Services firm, is seeking a VP to join their Asset-Backed Commercial Paper group to serve in a conduit management capacity.
Position Duties:
Assist with the management of conduit matters for Asset-Backed Commercial Paper (“ABCP”) program
Oversee the documentation process ensuring accuracy of documents to reflect credit approval and compliance with the program
Ensure that documentation is legally acceptable for execution
Facilitate closings and amendments
Communication structural concepts and operational details to third parties
Coordinate implementation along functional lines
Coordinate administrative and reporting activities
Manage internal and external relationships
Periodically support preparation of term sheets, prospectus’, and documentation of corporate bond transactions
Periodically support ABS transactions where the group acts as the arranger on behalf of the bank or other third party investors
Position Requirements:
Bachelors Degree
MBA preferred
5+ years related experience in ABS/ABCP conduit management
Strong fundamental understanding of ABS structures and ABCP conduits
Proven experience reviewing documentation and closing transactions
Strong analytical skills and the ability to multitask in a deadline driven environment
