Bank of Montreal
Senior Structurer – Structured Credit Origination
Bank of Montreal, New York, New York, us, 10261
Senior Structurer – Structured Credit Origination
Location: New York, NY, USATime Type: Full timePosted on: Posted TodayJob Requisition ID: R240024369Application Deadline: 12/24/2024Address: 151 W 42nd StreetJob Family Group: Capital Markets Sales & ServiceBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world.We are seeking a highly skilled and experienced Structurer to join our Structured Credit Origination team.The ideal candidate will have extensive experience in structuring collateralized loan obligations (CLOs) backed by broadly syndicated loans, private credit, and middle market loans, related financing facilities (both rated and unrated), along with adjacent product types (recurring revenue ABS and rated feeder funds). The candidate should have deep experience in portfolio and cash flow modelling, including proficiency in IntexCalc and Intex Dealmaker, and in transaction document negotiation. The role will require a comprehensive understanding of rating agency methodologies and models (Moody's, S&P, Fitch, DBRS, KBRA), across all relevant product types.Key Responsibilities:CLO Structuring and Execution:Lead and manage the structuring of new CLO transactions, including initial modeling, optimization of structure, and execution.Utilize Intex Calc and Intex Dealmaker to model complex CLO structures, including waterfall analysis, collateral selection, and cash flow projections.Provide detailed analysis and optimization of deal structures to maximize return while adhering to investor guidelines and rating agency criteria.Transaction Management:Collaborate with legal, compliance, and trading teams throughout the transaction lifecycle to ensure smooth execution and compliance with regulatory requirements.Lead negotiations with stakeholders including asset managers, rating agencies, and investors to optimize deal terms and conditions.Collaborate with structured product sales teams to facilitate best execution.Modeling and Analytics:Develop and maintain advanced CLO models to support deal structuring and performance analysis.Monitor and analyze CLO performance, making recommendations for adjustments or optimization as necessary.Rating Agency Interaction:Work closely with rating agencies (Moody's, S&P, Fitch, DBRS) to ensure compliance with rating methodology.Prepare and submit transaction data for rating agency models, and engage in ongoing discussions to address agency feedback and ensure optimal ratings for the structured products.Adjacent Product Expertise:Apply knowledge of adjacent structured products, such as recurring revenue ABS and rated feeder funds, to expand product offerings and tailor solutions to client needs.Stay informed of trends in the structured finance market, particularly those impacting CLOs, ABS, and feeder funds, and provide insights into potential new business opportunities.Other Key Attributes:Leadership: Take initiative in identifying process improvements, fostering a culture of innovation and continuous development within the team.Mentorship: Mentor and train junior team members, fostering their growth and enhancing team capabilities through knowledge sharing and support.Innovation: Identify and evaluate new market and origination opportunities, driving innovation and enhancing the bank’s competitive positioning.Collaboration: Support a culture of open communication and collaboration within the team and across departments, ensuring a unified approach to achieving business goals.Qualifications:Bachelor’s degree in Finance, Economics, Mathematics, or related field (MBA/CFA preferred).Minimum of 5-7 years of experience in Structured Credit / CLO Structuring, including deep experience with CLO modeling and transaction execution.Proficiency with a broad suite of industry standard tools, including IntexCalc, Intex Dealmaker, etc.Strong working knowledge of rating agency models (Moody’s, S&P, Fitch, DBRS, KBRA).Familiarity with adjacent products, such as recurring revenue ABS and rated feeder funds.Strong analytical and quantitative skills, with the ability to model complex financial structures and interpret results.Exceptional communication skills, with the ability to work collaboratively across teams and with external stakeholders.High attention to detail and the ability to manage multiple projects in a fast-paced environment.Series 7, 63, and 55 licenses required.Salary:
$250,000 USDPay Type:
SalariedThe above represents BMO Financial Group’s pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.We’re here to helpAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities, and our people.BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
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Location: New York, NY, USATime Type: Full timePosted on: Posted TodayJob Requisition ID: R240024369Application Deadline: 12/24/2024Address: 151 W 42nd StreetJob Family Group: Capital Markets Sales & ServiceBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world.We are seeking a highly skilled and experienced Structurer to join our Structured Credit Origination team.The ideal candidate will have extensive experience in structuring collateralized loan obligations (CLOs) backed by broadly syndicated loans, private credit, and middle market loans, related financing facilities (both rated and unrated), along with adjacent product types (recurring revenue ABS and rated feeder funds). The candidate should have deep experience in portfolio and cash flow modelling, including proficiency in IntexCalc and Intex Dealmaker, and in transaction document negotiation. The role will require a comprehensive understanding of rating agency methodologies and models (Moody's, S&P, Fitch, DBRS, KBRA), across all relevant product types.Key Responsibilities:CLO Structuring and Execution:Lead and manage the structuring of new CLO transactions, including initial modeling, optimization of structure, and execution.Utilize Intex Calc and Intex Dealmaker to model complex CLO structures, including waterfall analysis, collateral selection, and cash flow projections.Provide detailed analysis and optimization of deal structures to maximize return while adhering to investor guidelines and rating agency criteria.Transaction Management:Collaborate with legal, compliance, and trading teams throughout the transaction lifecycle to ensure smooth execution and compliance with regulatory requirements.Lead negotiations with stakeholders including asset managers, rating agencies, and investors to optimize deal terms and conditions.Collaborate with structured product sales teams to facilitate best execution.Modeling and Analytics:Develop and maintain advanced CLO models to support deal structuring and performance analysis.Monitor and analyze CLO performance, making recommendations for adjustments or optimization as necessary.Rating Agency Interaction:Work closely with rating agencies (Moody's, S&P, Fitch, DBRS) to ensure compliance with rating methodology.Prepare and submit transaction data for rating agency models, and engage in ongoing discussions to address agency feedback and ensure optimal ratings for the structured products.Adjacent Product Expertise:Apply knowledge of adjacent structured products, such as recurring revenue ABS and rated feeder funds, to expand product offerings and tailor solutions to client needs.Stay informed of trends in the structured finance market, particularly those impacting CLOs, ABS, and feeder funds, and provide insights into potential new business opportunities.Other Key Attributes:Leadership: Take initiative in identifying process improvements, fostering a culture of innovation and continuous development within the team.Mentorship: Mentor and train junior team members, fostering their growth and enhancing team capabilities through knowledge sharing and support.Innovation: Identify and evaluate new market and origination opportunities, driving innovation and enhancing the bank’s competitive positioning.Collaboration: Support a culture of open communication and collaboration within the team and across departments, ensuring a unified approach to achieving business goals.Qualifications:Bachelor’s degree in Finance, Economics, Mathematics, or related field (MBA/CFA preferred).Minimum of 5-7 years of experience in Structured Credit / CLO Structuring, including deep experience with CLO modeling and transaction execution.Proficiency with a broad suite of industry standard tools, including IntexCalc, Intex Dealmaker, etc.Strong working knowledge of rating agency models (Moody’s, S&P, Fitch, DBRS, KBRA).Familiarity with adjacent products, such as recurring revenue ABS and rated feeder funds.Strong analytical and quantitative skills, with the ability to model complex financial structures and interpret results.Exceptional communication skills, with the ability to work collaboratively across teams and with external stakeholders.High attention to detail and the ability to manage multiple projects in a fast-paced environment.Series 7, 63, and 55 licenses required.Salary:
$250,000 USDPay Type:
SalariedThe above represents BMO Financial Group’s pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.We’re here to helpAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities, and our people.BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
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