DoubleLine Group LP is looking to hire an ABS Trader to generate new trading ideas, make investment recommendations, and support the Structured Credit Portfolio Manager/ABS Team with primary and secondary ABS trading.
Requirements
- Building Excel cashflow models for ABS transactions collateralized by consumer and commercial assets;
- Reviewing, comparing and contrasting transaction documentation including offering memorandums, hedging agreements, trustee reports and financial statements directly related to consumer and commercial ABS investments;
- Running scenarios and isolating key variables to run Intex models to determine risk/return outcomes of ABS investments;
- Engaging in data analytics, including working with large data sets and distilling down into consumable reports for investment teams, to identify trends and spot anomalies;
- Populating and manipulating SQL systems, and using VBA and Excel, in support of securitized investments.
Responsibilities
- Generating new trading ideas and/or buying and selling recommendations to the team.
- Make investment recommendations by underwriting ABS securities through credit analysis, asset evaluation, structuring, and scenario analysis for various company investment mandates.
- Support Structured Credit Portfolio Manager/ABS Team with primary and secondary ABS trading
- build relationships with Investment Banks and trading teams to foster idea generation and deal flow, and develop and share ideas with fixed income trading teams.
- Build cash flow models for various ABS transactions ranging from aircraft, student loans, consumer and whole business transactions
- assist in risk and cash management of ABS investment portfolios.
Other
- Requires a Bachelor’s or foreign equivalent degree in Finance, Economics, Business Administration, or a related field
- 5 years of experience working in an investment management environment focused on ABS analytics.
