FID Secured Lending
Cross-Asset Portfolio Management Associate - Job Description
Description: Our FID Secured Lending group (“FSL”) is seeking an associate to be part of its lending portfolio management platform based in New York.
FSL provides financing to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including private credit corporate loans, leveraged loans, residential and commercial mortgages, consumer loans, and others in the US, EMEA and APAC.
The FSL portfolio management team provides ongoing portfolio management, risk oversight and monitoring, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.). The cross-asset associate holds primary responsibility for analytics and reporting that spans all asset classes globally and leads coordination efforts among senior asset managers in each product vertical.
Daily responsibilities would include:
- Lead quarterly review of CCAR (Comprehensive Capital Analysis and Review) data for FSL in close coordination with Finance, Credit Risk Department and Operations
- Aggregate and review assumptions for quarterly stress tests in coordination with senior FSL asset management heads; review and summarize results for FSL senior management
- Lead coordination of ad hoc requests across FSL, including but not limited to, requests from senior management, Credit, Finance, and regulators
- Aggregate and review data for monthly/quarterly reporting to key constituents
- Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability
Candidates must have the following background & skills:
- Excellent data management skills (MS Excel, modeling, database management, etc.)
- Excellent attention to detail
- Strong sense of organization and ability to influence and coordinate across multiple teams and regions
- Strong written and oral communication skills
- Presentation-creation skills with PowerPoint
- 2 to 5+ years experience at Accounting firms, Finance, or Banking. Some experience with structured products recommended (i.e. ABS, CMBS, RMBS, CLOs, etc.)
- Business/Accounting/Finance Degree from competitive undergraduate/graduate program
Candidates will also demonstrate the following personal attributes:
- Proactive and self-directed
- Attention to detail
- Ownership mindset
- Analytical
- Clear communicator
- Strong work ethic
- Team player