Job Description:
Job Title: Structured Credit Services Closing Team Specialist
Corporate Title: Director
Location: Santa Ana, CA
Overview
Structured Credit Services (SCS) was started back in 2000 to provide trustee, calculation agent, collateral administration, custodial, loan administration and paying/transfer agent services on over 400 SPVs both domestically and throughout Europe/Asia. As the Closing Team Specialist is the primary point of contact for existing and new clients as new structures are being developed. You will coordinate with various internal and external parties to ensure the successful closure of transactions. In addition, as the Closing Team Specialist you will participate in RFPs and prospective client pitches. You must have a deep understanding of bank loans, CLOs, ABLs, private credit, middle market and other complex fixed income structures. Support of business’ revenue, cost and strategic goals.
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
- First point of contact for prospective and new client relationships
- Review and provide comments on drafts of legal transactional documents for new structures
- Communicate with counsel, underwriters, investment managers, rating agencies, and bondholders
- Ensure responsibilities and deliverables are managed pursuant to the CLO Indenture
- Follow all Internal Key Operating Procedures
- Oversee the accuracy of initial monthly compliance reports and quarterly investor distribution reporting packages. Must have intimate knowledge of all calculations for compliance tests, concentration limitations and waterfall distributions
- Approval of financial transactions
- Develop and roll out solutions for clients
- Close interaction with DB Senior Management, Operations, Group Audit, Analytics, Legal and other internal stakeholders
How You’ll Lead
- Senior Management – Must be able to succinctly communicate with high level leaders within the organization
- Clients – Must understand the CLO transaction and be able to interact with Investment Managers and Investors on the internal mechanics of a deal
- Analytics/IT – Must be able to identify operational bottleneck and work together with IT/Analytics to develop and implement a solution.
Skills You’ll Need
- BA/BS, preferably in Accounting, Finance, Business or Economics, MBA a plus
- Minimum 5 years of CLO bank loan experience
- Understanding of general accounting and financial reporting principles
- Strong understanding of structured credit products
- Competent in all MS Office products
Skills That Will Help You Excel
- Advanced MS Excel abilities - Comfortable with complex formulas and modelling techniques
- Strong written/verbal communication skills
- Strong organizational skills
Expectations
It is the Bank’s expectation that employees hired into this role will work in the Santa Ana 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 California is $190,000 to $275,000. 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 remuneration.
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!
Learn more about your life at Deutsche Bank 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.
#LI-HYBRID
#LI-REMOTE
#LI-ONSITE
a substantiated need based on disability and/or religion.
The salary range for this position in California is $190,000 to $275,000. 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 remuneration.
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!
Learn more about your life at Deutsche Bank 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.
#LI-HYBRID
#LI-REMOTE
#LI-ONSITE
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
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.