Securitization – Associate Solution Advisor/Solution Advisor
The Securitization Offering is a part of the Deloitte Risk and Financial Advisory (RFA). Our Securitization professionals are engaged on performing agreed-upon procedures on new issuance securitization transactions backed by pool of Corporate Loans, Mortgaged-Backed Assets (MBS), Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS) and Residential Mortgage-Backed Securities (RMBS) structured products. Our services include payment date verification, due diligence of U.S. Corporate Loans, effective date modeling, payment date modeling, asset level file review, capital structure cash flow modeling, recomputing advanced asset and bond analytics and review of relevant offering documents. We have experience with a diverse list of asset classes including: single-family residential, multifamily, commercial, auto, equipment, REO-to-rental, peer-to-peer, timeshare, student loans, credit cards and various esoteric assets, such as cell towers, containers, railcars, solar, tax liens, tobacco settlements, whole business and others. Our clients include primary broker dealers, investment banks and mortgage loan originators/issuers in the fixed income industry.
We are looking for Associate Solution Advisors and Solution Advisors to join our Securitization Offering in our Hyderabad office. A candidate for this role would be responsible for directly interfacing with clients, attorneys and other professionals within the organization and the industry.
Work you will do
· Work closely with US engagement teams with services in support of security payment activity, including asset and portfolio criteria compliance, Cash flow distributions.
· Due diligence review of Corporate Loans, CLO, CMBS, RMBS & ABS transactions.
· Perform a thorough review of the various offering documents related to a transaction.
· Analyze results and provide explanations for discrepancies to ensure compliance with each transaction’s offering documents.
· Recalculate expected asset cash flows for various product types and debt waterfall using certain software applications (including our proprietary VBA-based cash flow modeling tool) or Excel.
· Recompute various statistical attributes, stratification tables and statistical pool percentages using the asset-level portfolio data expected to be included in a transaction.
· Help develop and maintain securitization collateral models, analyze results and provide explanations for discrepancies to ensure compliance with each transaction’s offering documents.
· Recompute various collateral stratification tables and analytics through excel or Collateral Analysis System (“CAS”).
· Develops deep understanding as a subject matter expert of specific Asset types and current market trends.
· Contribute towards building strong client relationship through interactions with client personnel.
Qualifications and Experience
· MBA Finance background and/or 1 to 2 years of relevant work experience in US Financial Services Industry (Banking and Capital markets).
- Good understanding of Financial Instruments and experience on Financial Reporting, Interpretation of Financial documents, Valuation and Cash flow modeling will be an advantage.
· Proficient with any of the Microsoft Office products (Excel, Word, Access), VBA, PYTHON, C# and industry system platforms such as Bloomberg, INTEX, Solvas and Capital IQ.
- Should be proactive and have strong organizational, communication skills, analytical skills, problem-solving skills and high attention to detail.
- Ability to “think out of box” and exercise professional skepticism to detect any potential issues throughout the transaction review.
- Prior Big 4 Accounting Firm or relevant working experience in the following industries is an advantage:
- Mortgage and asset-backed securities
- Accounting Firms
- Mortgage Banking
- Asset Management/servicer Firms.
- Fixed income investments
- Rating Agency
- US Banking Firms
Securitization Offering
At Deloitte Risk and Financial Advisory (RFA), our Securitization Offering provides transactional services supporting companies accessing the capital markets through securitization. Our specialists deliver products and services to assist with financial instruments valuation. Learn more about Deloitte Advisory.
How you will grow
At Deloitte, we have invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources, including live classrooms, team‑based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people, and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.
Securitization – Associate Solution Advisor/Solution Advisor
The Securitization Offering is a part of the Deloitte Risk and Financial Advisory (RFA). Our Securitization professionals are engaged on performing agreed-upon procedures on new issuance securitization transactions backed by pool of Corporate Loans, Mortgaged-Backed Assets (MBS), Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS) and Residential Mortgage-Backed Securities (RMBS) structured products. Our services include payment date verification, due diligence of U.S. Corporate Loans, effective date modeling, payment date modeling, asset level file review, capital structure cash flow modeling, recomputing advanced asset and bond analytics and review of relevant offering documents. We have experience with a diverse list of asset classes including: single-family residential, multifamily, commercial, auto, equipment, REO-to-rental, peer-to-peer, timeshare, student loans, credit cards and various esoteric assets, such as cell towers, containers, railcars, solar, tax liens, tobacco settlements, whole business and others. Our clients include primary broker dealers, investment banks and mortgage loan originators/issuers in the fixed income industry.
We are looking for Associate Solution Advisors and Solution Advisors to join our Securitization Offering in our Hyderabad office. A candidate for this role would be responsible for directly interfacing with clients, attorneys and other professionals within the organization and the industry.
Work you will do
· Work closely with US engagement teams with services in support of security payment activity, including asset and portfolio criteria compliance, Cash flow distributions.
· Due diligence review of Corporate Loans, CLO, CMBS, RMBS & ABS transactions.
· Perform a thorough review of the various offering documents related to a transaction.
· Analyze results and provide explanations for discrepancies to ensure compliance with each transaction’s offering documents.
· Recalculate expected asset cash flows for various product types and debt waterfall using certain software applications (including our proprietary VBA-based cash flow modeling tool) or Excel.
· Recompute various statistical attributes, stratification tables and statistical pool percentages using the asset-level portfolio data expected to be included in a transaction.
· Help develop and maintain securitization collateral models, analyze results and provide explanations for discrepancies to ensure compliance with each transaction’s offering documents.
· Recompute various collateral stratification tables and analytics through excel or Collateral Analysis System (“CAS”).
· Develops deep understanding as a subject matter expert of specific Asset types and current market trends.
· Contribute towards building strong client relationship through interactions with client personnel.
Qualifications and Experience
· MBA Finance background and/or 1 to 2 years of relevant work experience in US Financial Services Industry (Banking and Capital markets).
- Good understanding of Financial Instruments and experience on Financial Reporting, Interpretation of Financial documents, Valuation and Cash flow modeling will be an advantage.
· Proficient with any of the Microsoft Office products (Excel, Word, Access), VBA, PYTHON, C# and industry system platforms such as Bloomberg, INTEX, Solvas and Capital IQ.
- Should be proactive and have strong organizational, communication skills, analytical skills, problem-solving skills and high attention to detail.
- Ability to “think out of box” and exercise professional skepticism to detect any potential issues throughout the transaction review.
- Prior Big 4 Accounting Firm or relevant working experience in the following industries is an advantage:
- Mortgage and asset-backed securities
- Accounting Firms
- Mortgage Banking
- Asset Management/servicer Firms.
- Fixed income investments
- Rating Agency
- US Banking Firms
Securitization Offering
At Deloitte Risk and Financial Advisory (RFA), our Securitization Offering provides transactional services supporting companies accessing the capital markets through securitization. Our specialists deliver products and services to assist with financial instruments valuation. Learn more about Deloitte Advisory.
How you will grow
At Deloitte, we have invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities—including exposure to leaders, sponsors, coaches, and challenging assignments—to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources, including live classrooms, team‑based learning, and eLearning. Deloitte University (DU): The Leadership Center in India, our state-of-the-art, world-class learning center in the Hyderabad office, is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people’s growth and development. Explore DU: The Leadership Center in India.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte’s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people, and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte’s impact on the world.