Associate, Structured Products

About the Role

Capital Markets Associates are an integral part of the Capital Markets team and will be responsible for assisting in the most critical aspects of Pagaya's funding capabilities. This role represents an opportunity to grow alongside a burgeoning global financial technology company.

Responsibilities

• Involved in all aspects of the securitization and investment deal flow process, and in all aspects of the transaction life cycle, such as rating agency discussions, investor marketing material preparation, structural analysis and ABS cash flow modeling, and returns analysis

• Assist in the preparation and evaluation of securitization documents including all legal and structural matters in conjunction with internal and external legal and the trading desk

• Support all aspects of investor relationship management including communicating the collateral profile of Pagaya ABS transactions and drivers of asset performance, developing marketing materials, due diligence, and supporting analytics

• Operational management of securitization transactions across consumer ABS

• Perform ad-hoc collateral analysis of whole loan pools, net loss projections and IRR/risk-return analysis

• Securitization vendor and partner management (review reports and data, document issues, due diligence)

Requirements

• 2+ years of experience within the fixed income structured products space at an accounting firm, rating agency, bank, or buy side firm

• Experience evaluating ABS structures and associated cash flow modeling

• Knowledge of Intex, Intex DealMaker and/or Bloomberg preferred

• Excellent written and verbal communication skills

• Advanced knowledge of Excel and Powerpoint

• A strong will to learn and desire to be challenged

• Bachelor's degree required

• Experience analyzing large data sets preferred

• Knowledge in SQL and a coding language such as VBA, Python, or Java is a plus

• Progress towards a CFA or CPA is helpful but not required