Asset Based Finance Analyst, New York

About Sixth Street Asset Based Finance

Sixth Street Asset Based Finance focuses on asset/platform investing and origination across finance markets, including commercial and residential mortgages, renewables and energy finance, consumer asset classes, infrastructure debt, transportation, and commercial equipment. Our Asset Based Finance business works closely with the firm’s Insurance platform, including Talcott Financial Group. Asset Based Finance is a key driver of our capabilities as a strategic capital partner to companies and management teams and a solutions provider at scale.

The Role

This is a full-time Investing Analyst role based in New York. As an Analyst on the Asset Based Finance team, you will be responsible for analyzing, underwriting, and executing structured finance transactions across asset classes. 

Core Responsibilities

• Conducting in-depth analysis on investment opportunities, primarily portfolios of residential and consumer whole loan assets (detailed valuation of the assets, modeling of securitization and leverage, sensitivity analysis, historical performance analysis, comparables analysis, etc.)
• Managing acquisition process, including negotiation of trade terms with external counterparties, due diligence, and underwriting
• Preparing and presenting investment committee memorandums
• Ongoing monitoring of portfolio performance and valuation
• Partnering with specialty finance team to analyze and acquire asset originators, servicers, and other platform investments.

What We Value

• Highly motivated, entrepreneurial, and team-oriented candidates
• Commercial and results orientation
• Team orientation and influencing skills
• High trust and integrity
• Strategic and entrepreneurial mindset
• Strong combination of organizational, interpersonal, and communication skills

Preferred

• 1-3 years of trading or whole loan analytics experience within a residential and/or consumer loan business
• Experience analyzing pools of whole loan assets and reviewing asset backed securitizations
• Superior valuation, modeling, and Excel skills evaluating financial assets (particularly whole loans and securitizations)
• Strong accounting, finance, modeling, and problem solving skills
• Keen interest in the financial markets and good commercial instincts
• Intex, Tableau, Collateral Analysis System (CAS), and Snowflake/Sequel proficiency is preferred but not mandatory

Compensation

The base salary for this position is expected to be between $110,000 and $125,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.

In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.

If a job offer is extended for a location other than New York City, the salary range may differ based on the location.

About Sixth Street

Founded in 2009, Sixth Street is a global investment firm with over $75 billion in assets under management and committed capital. Sixth Street uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth.

Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.

We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.

We believe our commitment to diversity, equity, and inclusion is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.

From how we conduct business to how we engage in our communities, everything we do at Sixth Street is rooted in our commitment to our core value: 

• Cross-Platform: We think across the business and avoid silos at all costs.
• Responsibility