ABS Associate

Job description

Company Description

Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d'Epargne.

With more than 21,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.

A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE's banking networks.

Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of €12 billion, a Basel 3 CET1 Ratio (1) of 10.9 % and quality long-term ratings (Standard & Poor's: A+ / Moody's: A1 / Fitch Ratings: A+).

(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in .
Figures as at September 30, 2018

Job Description

Natixis is looking for an Associate - level transactor to join our U.S. ABS Banking Team in New York. ABS Banking, part of the Global Structured Credit and Solution group (GSCS), falls within the Fixed Income/Global Markets division of Wholesale Banking.

·  Support the origination, structuring and execution of Asset Backed Securities (“ABS”) as part of GSCS. Specific focus on “off-the-run” ABS.
·  Transaction execution functions will include warehouse financing and capital markets deal processing, with specific responsibility for structural and collateral diligence and analysis, credit analysis, and interaction with internal credit department, capital markets syndicate team, clients, attorneys, rating agencies and other internal and external parties involved in ABS transactions.
·  Support primary quantitative analyst to build cash flow models for transaction analysis.
·  Develop ABS offering materials including stratifications, arrange for third party service providers.
·  Review and negotiation of transaction legal documents.
·  Develop marketing materials and presentations for clients.
·  Prepare written credit summaries and present to credit committee.
·  Due diligence of existing and potential clients that include reviews of the operations, strategy, and asset and financial performance.
·  Manage annual credit reviews of facility warehouses
·  Manage regulatory/compliance review, client onboarding.
·  Work on special projects as directed.

Required Skills/Qualifications/Experience

·  Bachelor's degree or MBA from an accredited college/ university.
·  2-4 years of relevant experience
·  The ability to manage multiple priorities, working under pressure to meet deadlines, and the ability to respond creatively and quickly in a fast-paced and changing environment.
·  Self-motivated with the ability to work independently, but ability to work well within a small team environment.
·  Strong analytical and quantitative.
·  Technical proficiency with MS Excel modeling (VBA programing preferred), PowerPoint and Bloomberg.
·  Strong written, verbal, and interpersonal skills.
·  Experience with Intex Calc, a plus.
·  Series 79, preferred
Date de publication:12/10/2018