Associate / Director - ABS Securitization Credit Risk Officer

ABS Securitization Credit Risk Officer

Atlas SP is searching for an ABS Securitization Credit Risk Officer with responsibility for assisting in building out and improving the credit risk capability for the organization as Atlas continues to grow. They will work closely with Origination teams, other risk leaders, and with clients on the evaluation of credit risk in new transactions as well as in existing portfolios. This analyst will develop a strong partnership with deal teams to ensure alignment between the business and the firm's acknowledged risk appetite. They will also be responsible for enhancing the stature of the credit risk team through a stronger culture of review and challenge. This individual will have responsibility for conducting quantitative and qualitative deal and portfolio-level analysis on prospective transactions and modifications to existing positions.

The ideal candidate will have a team-oriented attitude with a genuine interest in securitized products and warehouse lending across a variety of areas, including consumer and commercial asset types, with strong writing and effective presentation skills. The candidate will manage multiple projects simultaneously with appropriate analytical support. Further, this individual will :

• The underwriting process entails fundamental credit work on securitized asset pools (WH and term), complemented by corporate credit knowledge that can be utilized to evaluate the risk profile of originators and servicers. Asset types include a variety of consumer and commercial collateral, such as unsecured consumer, auto, aircraft, railcar, and other esoteric assets.
• The role requires someone who can act like an investor (ideally, the candidate will have experience as an approver of credit in prior roles where they felt accountable for making risk decisions).
• The individual will be asked to perform at an extremely high level within the Risk organization. He / she will need to demonstrate an ability to challenge 1LOD (sales / portfolio / structuring teams), substantiate support or dissent for a deal, and, where there is dissent, work with the deal team on structural improvements which might move a transaction from "no" to "maybe / yes".
• The individual would participate in the deal structuring process from inception and be involved over the lifecycle of a transaction, with greater involvement should asset classes be underperforming, higher risk, less liquid, more esoteric, etc.
• Present diligence findings to the firm's investment committee, make a recommendation, and answer questions from the committee.
• Complete and document thorough market, borrower, and collateral level analysis to support assumptions.

Qualifications & Experience :