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Deloitte Advisory | Financial Transactions Securitization | Manager in Jersey City, New Jersey

Our securitization transaction professionals are engaged on performing agreed-upon procedures on new issuance securitization transactions related to Agency Mortgaged-Backed Assets (MBS), Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS) and Residential Mortgage-Backed Securities (RMBS). Our services include asset level file review, capital structure cash flow modeling, recomputing advanced asset and bond analytics and review of relevant offering document. We have experience with a diverse list of asset classes including: commercial real estate, multifamily, single-family residential, auto, equipment, REO-to-rental, marketplace lending, timeshare, student loans, credit cards and various esoteric assets. Overall, the securitization transactions team offers a unique opportunity to gain invaluable technical skills in a dynamic and continuously evolving industry.

We are looking for managers to join our Securitization Transactions Team in our Jersey City, New Jersey office. Our team's main focus is to issue agreed upon procedure reports related to new issuance and re-securitizations of certain Mortgaged-Backed Assets (MBS), Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS) and Residential Mortgage-Backed Securities (RMBS). A candidate for this manager role would be responsible for directly interfacing with clients, attorneys and other professionals within the organization and the industry. In addition, for each proposed securitization transaction you will play a substantive/lead role on each engagement s execution, planning, economics, and billing. In addition, demonstrate a general knowledge of market trends, competitor activities and Deloitte s products and service lines to identify opportunities to cross-sell other services. Our clients include Wall Street investment banks and originators/broker dealers in the fixed income industry. Overall, the Securitization Transactions Team offers a unique opportunity to gain invaluable technical skills in an evolving industry.

Essential functions of a Manager include:

Overseeing team of consultants and senior consultants related to performing agreed upon procedures on each securitization transaction engagement using various software applications (proprietary loan file review system, VBA-based cash flow modeling tool, Collateral Analysis System (CAS ) and industry system platforms - Bloomberg, Intex and TREPP)

Help develop and maintain proprietary securitization collateral and cash flow models, analyze results and provide explanations for discrepancies to ensure compliance with each transaction s offering documents.

Thoroughly read through offering documents and provide comments on the collateral analytics, waterfall and various conceptual descriptions

Manage expectations of deliverables and timing with Underwriters, Issuers, Attorneys and engagement team.

Responsible for preparing and issuing Agreed-Upon Procedure reports and invoices

Provide and monitor constructive on-the-job feedback and conduct performance reviews, train first year and junior analysts on common loan file review, collateral analytic, modeling structures and troubleshooting techniques

Develop, build and maintain strong client relationships.

Contribute to a positive team environment by taking an active role in counseling and mentoring consultants and senior consultants.

Minimal to zero travel required (less than 10%)

Managers are required to have:

Four year college/university program required, with BS/BA in accounting, finance or economics

MS/MBA helpful, but not required

CPA, CFA, CAIA or FRM Certification Required

Proficient with Microsoft Office products (Excel, Word, Access)

Exposure to computer programming languages such as VBA, industry system platforms such as Bloomberg, Intex or TREPP are helpful but not required

3 years of experience in financial cash flow modeling securitization transactions in Excel/ VBA

3 years of experience in coordinating and communicating with working party such as investment bankers, attorneys, originators/sellers

2 years supervising and training staff

Proficient with Microsoft Office products (Excel, Word, Access)

Well versed in interpretation of legal documents such as offering memorandums, offering circulars, indentures and private placement memorandums, etc.

Ability to working independently and multitask in fast paced environment to meet client deadlines

Strong organizational, analytical skills, problem-solving skills and high attention to detail

Highly developed written and strong oral communication skills

Prior Big 4 Accounting Firm or relevant working experience in the following industries desired (minimum of 4 to 5 yrs experience):

Mortgage, Commercial and Asset-Backed securities

Real estate finance professional

Accounting Firms

Corporate Trust

Mortgage Banking

Loan Servicing

Fixed income investments

Rating Agency

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Category: Finance

About Deloitte

As used in this document, Deloitte means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

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