Barclays Credit Risk VP - RMBS in New York, New York
Credit Risk VP - RMBS 745 Seventh Ave, New York, NY
The RMBS VP will act as a credit officer for securitization exposures across various residential and small balance commercial asset classes, and demonstrate detailed understanding of residential-focused securitization approaches and analysis techniques across the RMBS assets class complex, including related documentation. The role comprises initial transaction analysis, review and sanction, in addition to post-sanction monitoring, annual review and excess/exceptions management.
What will you be doing? •Preparing and analyzing credit proposals for new and existing transactions •Applying delegated discretion to provide credit sanction and commercially mindful challenge to new business proposals and transaction amendments •Interfacing with the Business / Deal Teams and providing structuring advice on transactions •Conducting on-site operational and financial due diligence of clients, and participating in management and bank meetings •Providing support on portfolio analysis and initial and ongoing due diligence reviews of assigned transactions •Preparing and presenting sector/asset class reviews, and contributing towards policy and process improvement initiatives •Staying current on market developments, including origination and pricing levels, and in turn alerting senior management
What we’re looking for: •5 years of experience in securitization credit risk analysis and approval at a major investment bank/similar institution or external credit rating agency •Bachelor’s degree in Business Administration, Finance, or Economics
Skills that will help you in the role: •Detailed knowledge of securitized products (including derivatives) and related documentation •Demonstrate sound knowledge of securitization fundamentals, with experience in whole loan financing, aggregation or rating residential-backed securitizations •Experience in fundamental credit analysis and familiarity with financial statement analysis and modeling techniques •Experience in negotiating legal documents (Loan Agreements, ISDA, GMRA, etc.)
Where will you be working? Barclays’ U.S. headquarters is located at 745 Seventh Avenue in New York, NY. At Barclays, we offer you an engaging and challenging environment, giving you the opportunity to make the most of your unique set of skills. We also have an extensive range of learning and development initiatives designed to support you both personally and professionally.
Interested and want to know more about Barclays? Visithome.barclays/who-we-are/for more details.
Our Values Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
Our Diversity We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law. Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Our Benefits Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.
Title: Credit Risk VP - RMBS
Location: NY-New York
Requisition ID: *90226942
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