Securitized Lending (Mortgages & Asset-Based Finance)
Location: New York, NY
Overview
A leading global bank is building out its U.S. securitized lending platform in New York and is seeking to hire a Director (potentially Executive Director) to join its established securitized lending franchise.
Historically managed out of London, the team is expanding due to a rapidly growing U.S. pipeline - particularly across non‑agency mortgages and consumer credit. This hire will be the first New York-based lending professional on the team and will play a critical role in executing and managing U.S. transactions end‑to‑end, while helping to establish the capability locally.
Key Focus Areas
• Non‑agency mortgage financing
• Mortgage warehouse and repo facilities
• Scope to expand into consumer ABS, esoteric ABS, SME lending, and other asset‑based finance structures over time
Responsibilities
• Lead deal execution from origination through close, including underwriting, structuring, documentation, and closing
• Analyze and underwrite collateral pools across residential mortgages and other consumer assets
• Structure term lending and warehouse facilities, including borrowing bases, advance rates, triggers, and covenants
• Build and review cashflow models, stress tests, and downside scenarios
• Drive documentation processes in partnership with internal legal teams and external counsel
• Coordinate with risk, credit, finance, and operations stakeholders to secure approvals and execute transactions
• Support the growth of the U.S. platform, with the opportunity to broaden coverage into additional ABS asset classes
Candidate Profile
• 5-10 years of relevant experience within securitized lending, mortgage finance, or asset‑based finance at a bank
• Strong understanding of structured lending mechanics, including collateral analysis, facility structuring, and borrowing bases
• Hands‑on experience with non‑agency mortgages and/or mortgage warehouse facilities highly preferred
• Proven ability to manage complex legal documentation and closings
• Execution‑oriented profile - this is a lending / structuring role, not a trading role
• Comfortable operating with a high degree of ownership and autonomy, particularly as an early New York hire
• Bachelor's degree required; advanced degree a plus
