Our Team:
The Global Securitized Products Data Team is responsible for researching and supporting a $12 trillion global securitized product market. The securitized product market uses financial engineering to transform a variety of assets (residential and commercial mortgages, auto and equipment leases, managed corporate loan portfolios, credit card debt, and even music royalties) into securities that are structured to meet nearly any investor appetite. Our team supports the full data lifecycle and analytical capabilities, through reverse financial engineering, of all securitized products globally for Bloomberg.
The Securitized Products EMEA CLO & ABS team is responsible for creating and maintaining a large library of cash flow models and data for Public and Private Asset Backed Securities (ABS) including esoteric (Credit Card, Auto, SLABS, Solar) and Collateralized Loan Obligations (CLOs). The team is responsible for the full stack of work involved in handling these asset sectors, including new issuance and bond data, collateral performance data, cashflow modeling, periodic cashflow and collateral reconciliation, customer support, and client engagement. Our cash flow models are required, along with prepayment and credit assumptions, in order to price these securities accurately and support the rapidly growing markets.
What’s the Role?
You will be creating cash flow models primarily for various private Asset Backed Finance deals (ABF), Asset Backed Securities (ABS) and Collateralized Loan Obligations (CLOs), with the potential to cover other asset sectors including Residential Mortgage Backed Securities (RMBS) and Commercial Mortgage Backed Securities (CMBS). As a Senior Data Management Professional Modeler, you will develop custom schemas to automate periodic factor, coupon, and collateral performance data extraction using innovative technology such as python, regex and SQLite. Proficiently maintaining, debugging and ensuring timely monthly cashflow projections is a key responsibility of all Modelers within the team. You will also work closely with our engineering teams and product teams to expand cashflow and data coverage. As part of our team, your input on technology will be critical to the development and growth of our product.
We’ll trust you to:
- Reverse engineer and manage a large library of ABF, ABS & CLO cashflow models in a python-based platform.
- Connect with lead managers and other clients to properly create, update, and validate cash flow models based on offering documents and preliminary information.
- Ensure consistency, quality and timely product delivery while providing excellent service to internal and external customers.
- Liaise with Business Managers, Engineering, Trustees, and Lead Managers regularly to further develop the cashflow model engine, expand ABS coverage, and enhance modeling and testing capabilities
- Build and maintain custom data extractors to automate periodic bond and collateral data collection using innovative technology such as python, regex and SQLite.
- Understand customer needs and Securitized Products markets to ensure our dataset and processes are fit-for-purpose to provide ready to use information
- Assist with the training and mentoring of junior team members.
You’ll need to have:
*Please note we use years of experience as a guide, but we certainly will consider applications from all candidates who are able to demonstrate the skills necessary for the role.
- *4+ years professional experience in cash flow modeling, preferable in the ABS market
- Familiarity with basic computer programming and data management concepts, including command line interfaces, data modeling and algorithms
- Excellent communication, analytical, and problem-solving skills
- Strong time management skills and the ability to multi-task in a fast-paced environment
- Ability to work independently as well as in a team environment
We’d love to see:
- Strong understanding of the Securitized Products market and Bloomberg terminal functions
- Strong knowledge of Python, Unix, JIRA.
- Established relationships with key customers within the European ABS & CLO markets
- Knowledge of statistics and advanced data management practices
- Knowledge of the private ABF market and experience modeling private ABF deals
Does this sound like you?
Apply if you think we're a good match. We'll get in touch to let you know what the next steps are!
