Location Designation: Hybrid - 4 days per week 

 

When you join New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, you are joining a global investment company with a long history and passion for career development, innovation, collaboration, and diversity, equity and inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

As a top 25 global asset management firm with more than $600 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations.

 

A $300bn + asset manager is looking to add a Senior Associate to its research and origination team focused on the non-traditional asset backed securitization market. The team is focused on originating and executing private placement and 144A securitized transactions.

Responsibilities:

 

 Provide analytical support working on collateral performance, cash flow analysis, structural evaluation, and legal documentation review.

 Sectors of coverage include consumer finance, Student loans, Residential Mortgages, Solar, aviation, rail, and other transportation- related assets, equipment finance, whole business, timeshare and other specialty finance sectors.

 Work closely with senior members of the team, Investment Banks, Private Equity funds, Issuers and rating agencies to obtain desired ratings for specified transactions as well as work closely with in-house personnel

to ensure proper accounting and regulatory capital treatment.

Qualifications:

 

 2+ years of Structured Finance analysis experience, specifically with Private and 144A ABS.  Bachelor’s Degree required, MBA or CFA preferred.

 Strong background in credit research.

 Excellent written and presentation skills required.

 Experience with cashflow modeling, scenario and sensitivity analysis for asset-backed transactions is a strong plus.

   Assertive self-starter with self-confidence and a positive attitude.

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Pay Transparency

Salary Range:  $95,000-$135,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

 

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.