Structured Credit Service Oversight - Assistant Vice President

Job Description:

Job Title Structured Credit Service Oversight

Corporate Title Assistant Vice President

Location New York, NY

Overview

The Structured Credit Service (SCS) team requires an oversight function for a certain population of deals. This position will provide the oversight function for the SCS product, and back up oversight to another product team; The position will be based in New York and have a reporting line to a Santa Ana, CA manager. The oversight role requires reviewing and approving ad hoc requests throughout the life cycle of a securitization. In the oversight role you will interact with Santa Ana and Jacksonville client services who run a population of deals and will ensure that the oversight responsibilities are completed timely. In addition, to enhance your knowledge base of the products to which oversight is given, they will be exposed to product level work.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Oversight functions include the review of: deal set-up (includes reviewing various aspects of set-up, investment instructions, checklist review and approval); review and sign-off on the annual review process for each applicable transaction; knowledge and awareness of deal terminations which will include executing any deal documents, checklist review and system approvals; review and Execution of contracts for new deals, amendments, terminations etc.; Holder or other escalated inquiries including incoming/outgoing notices; involvement in escalated inquiries which will include interacting with outside counsel, transaction management and product heads; changes in bondholder statement approvals (restatements/reporting changes); potential default review including interacting with outside counsel, transaction management, default team, product leads and client services

• The Oversight position will also require: participation in oversight management meetings, governance committees; working with other teams such as Transaction Management, Default and Distressed Transaction Team

• The SCS team provide trustee, collateral administrator, and custodian services for Collateralized Debt Obligations and other private structures. As part of enhancing your product knowledge, the exposure may include: deal knowledge of SCS transactions; review of compliance documents to ensure conformity to the transaction documents; perform ongoing maintenance of deal/account information across several bank applications; collaborate with other team members to address department projects; ensure compliance with Know-Your-Client and new account opening processes

Skills You’ll Need

• Ability to read and interpret legal transactional documents, bank procedures

• Proficient/advanced in both Word and Excel

• Product knowledge would be preferred, but not required

Skills That Will Help You Excel

• Excellent written, verbal, and interpersonal skills

• Able to balance day-to-day activities with big-picture concerns

• Ability to involve other teams proactively in decisions

• Ability to prioritize multiple responsibilities in a fast paced, deadline driven environment

• Organized, detail oriented; Ability to think outside the box

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $80K to $130K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

#LI-HYBRID

#LI-REMOTE 

#LI-ONSITE

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.