What are the responsibilities and job description for the Experienced Associate – Investment Banking, Structured Products Origination position at Guggenheim Partners?
Job Description:
Position Summary
Guggenheim Securities (“Guggenheim”), the Investment Banking division of Guggenheim Partners, is seeking an Associate to join its Structured Products Origination (“SPO”) team. Structured Products is a core focus area at Guggenheim, and the firm is a market leader in providing its clients with a broad range of financing solutions using securitization technology applied to a variety of traditional and non-traditional asset classes, including franchise royalties, IP rights, digital infrastructure, oil & gas assets, PACE assessments, venture debt, tax liens and others.
Guggenheim ranks as the #1 underwriter of non-traditional asset-backed securities and has raised over $145 billion across 335 transactions executed since 2014. Guggenheim and transactions we have led have routinely been selected for industry awards, including 2022 “Financial Deal of the Year” and 2020 “Financial Deal of the Year” by S&P Global Platts Global Energy Awards, 2022 “Esoteric ABS Deal of the Year” (Greenworks C-PACE 2021-1), 2021 “Esoteric ABS Bank of the Year”, 2020 “Best Securitization Bank of the Year”, 2019 “Most Innovative Securitization Bank of the Year”, and 2018 “Esoteric ABS Bank of the Year”, each by GlobalCapital.
Our Associates play an integral role in evolving and enhancing our client relationships and are active participants in client management and throughout the life of each transaction. Our Associates benefit tremendously from the experience and partnership they have with our senior bankers and we pride ourselves on the dedication we give to cultivating and developing our junior and mid-level bankers. We have a long-term view and support our bankers as they develop their managerial, marketing, sales, analytical, presentation, and communication skills throughout their careers.
Essential Job Functions
- Work directly with the group’s senior professionals in all aspects of SPO transactions across a variety of asset classes, with a particular focus on non-traditional, new and emerging asset classes and issuers
- Perform portfolio and historical data analysis for various types of assets
- Prepare marketing presentations, term sheets and rating agency materials
- Develop securitization cash flow models for various types of assets and historical data analysis for various types of assets
- Tie out cash flow models and collateral characteristics with accountants and other parties
- Review and comment on transaction documentation
- Conduct market research and industry review projects for new asset classes
Preferred Qualifications
- Current position as an Associate or completion of an Analyst program in a securitization or related group at a major financial institution
- Experience with cash flow modeling of ABS, CLO or other types of securitized products required
- Strong quantitative skills; Microsoft Excel modeling experience required, familiarity with VBA preferred
- Familiarity with legal documents a plus
- Detail-oriented, organized, with initiative and ability to multitask and work as part of a team
- Excellent written and verbal communication skills
- Resourcefulness, intellectual curiosity and enthusiasm
Basic Qualifications
- Requires a minimum of a Bachelor’s degree
- IB Analyst promotes to Associate or MBA hires with 1-2 years of relevant experience
- Core modeling and valuation experience in professional setting
- SIE Exam, Series 79 and Series 63 must be acquired within 150 days of employment
Work Location
- Currently, this role is expected to be in the New York office at least 4 days per week.
Salary
- Annual base salary between $175,000 and $225,000.
- The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us:
Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.
Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.
Salary : $175,000 - $225,000
