Genworth
Director, Asset Backed Securities, Structured Research
Genworth, Stamford, Connecticut, United States, 06925
At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are.
We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates.
POSITION TITLE
Director, Asset Backed Securities, Structured Research
POSITION LOCATION
Stamford, CT
This position must be based in Stamford, CT with a hybrid work schedule.
YOUR ROLEYou will be a member of the Structured team with responsibility for covering Asset-Backed Securities. This role requires utilization of structured research to evaluate investment opportunities and monitor existing investment positions in the ABS portfolio.
What you will be doing
Collaborate with traders and research staff in developing and implementing a strategy for existing holdings as well as new investments.
Review holdings' performance information from Intex, Bloomberg and Servicer reports and compare to original expectations. Revise our internal ratings as necessary.
Follow up with trustees, servicers, special servicers, rating agencies and bankers to determine causes of performance weakness.
Recommend buy/hold/sell designation on our holdings. Make supported recommendations and develop relative value view across other structured products and asset classes.
Perform impairment and other cash flow testing on the portfolio.
Provide qualitative and quantitative analysis of securities identified for impairments and work with auditors to defend the outcome.
Aid in updates on individual credit limits.
Participate and speak in morning market meetings on meaningful events or trends in asset class.
Participate in monthly credit reviews for structured finance asset classes and watch list discussions.
Provide credit view to support new business initiatives.
What you bring
Bachelor's degree in Finance or related area(s) of study.
7+ years of experience in fixed income capital markets.
Experience analyzing ABS risks with a focus on esoteric ABS.
Experience automating surveillance tools and tracking reports.
Self-starter who has passion for fixed income markets, is an independent thinker, and strong minded with focus on credit.
Very strong verbal and written communication skills.
Ability to prioritize multiple tasks in a fast-paced, changing environment.
Strong Excel and Power Point Skills.
Nice to have
MBA or CFA.
Experience working with analytical tools such as Trepp, Intex or BlackRock Solutions.
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
Competitive Compensation & Total Rewards Incentives.
Comprehensive Healthcare Coverage.
Multiple 401(k) Savings Plan Options.
Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!).
Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave.
Disability, Life, and Long Term Care Insurance.
Tuition Reimbursement, Student Loan Repayment and Training & Certification Support.
Wellness support including gym membership reimbursement and Employee Assistance Program resources.
Caregiver and Mental Health Support Services.
ADDITIONAL
At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
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We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates.
POSITION TITLE
Director, Asset Backed Securities, Structured Research
POSITION LOCATION
Stamford, CT
This position must be based in Stamford, CT with a hybrid work schedule.
YOUR ROLEYou will be a member of the Structured team with responsibility for covering Asset-Backed Securities. This role requires utilization of structured research to evaluate investment opportunities and monitor existing investment positions in the ABS portfolio.
What you will be doing
Collaborate with traders and research staff in developing and implementing a strategy for existing holdings as well as new investments.
Review holdings' performance information from Intex, Bloomberg and Servicer reports and compare to original expectations. Revise our internal ratings as necessary.
Follow up with trustees, servicers, special servicers, rating agencies and bankers to determine causes of performance weakness.
Recommend buy/hold/sell designation on our holdings. Make supported recommendations and develop relative value view across other structured products and asset classes.
Perform impairment and other cash flow testing on the portfolio.
Provide qualitative and quantitative analysis of securities identified for impairments and work with auditors to defend the outcome.
Aid in updates on individual credit limits.
Participate and speak in morning market meetings on meaningful events or trends in asset class.
Participate in monthly credit reviews for structured finance asset classes and watch list discussions.
Provide credit view to support new business initiatives.
What you bring
Bachelor's degree in Finance or related area(s) of study.
7+ years of experience in fixed income capital markets.
Experience analyzing ABS risks with a focus on esoteric ABS.
Experience automating surveillance tools and tracking reports.
Self-starter who has passion for fixed income markets, is an independent thinker, and strong minded with focus on credit.
Very strong verbal and written communication skills.
Ability to prioritize multiple tasks in a fast-paced, changing environment.
Strong Excel and Power Point Skills.
Nice to have
MBA or CFA.
Experience working with analytical tools such as Trepp, Intex or BlackRock Solutions.
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
Competitive Compensation & Total Rewards Incentives.
Comprehensive Healthcare Coverage.
Multiple 401(k) Savings Plan Options.
Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!).
Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave.
Disability, Life, and Long Term Care Insurance.
Tuition Reimbursement, Student Loan Repayment and Training & Certification Support.
Wellness support including gym membership reimbursement and Employee Assistance Program resources.
Caregiver and Mental Health Support Services.
ADDITIONAL
At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
#J-18808-Ljbffr