VP/Director, Asset Backed Finance - Consumer

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GENERAL FUNCTION:

Leadership, client-facing role, directing deal teams working on asset securitization transactions focusing on consumer ABS including auto loan and lease, credit card receivables, prime consumer loans and timeshare with a specific focus on subprime auto loans. Develop relationships with senior executives at our clients and prospects and inside the bank. Responsible for originating and execution of securitization opportunities, both loan and ABS, including public and private (144a or 4a2) securitizations, portfolio purchases, and advisory services. Perform all underwriting and work with Credit on all execution opportunities. Responsible for all components of loan, 144a, and 4a2 execution: including pitching, creating analysis and pitch content, all elements of deal execution, idea generation and rating agency dialogue. Work with Portfolio Managers to support existing management of the current portfolio and clients. Will also drive and follow all FTS/FTB key policies and procedures.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensure that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Develop and maintain relationships with external clients and internal partners.
• Deliver high value-add ABS and asset backed finance advice (including appropriateness) and analysis to prospects and clients.
• Work as a part of a team to deliver solutions that generate capital markets revenue from a targeted list of clients and prospects.
• Create and deliver ABS capital markets presentation materials.
• Lead and participate in pitching, evaluating, structuring, executing, managing and closing all aspects of ABS and loan asset securitization transactions in public or private markets.
• Provide ABS execution expertise/guidance to other junior members on the ABF team.
• Work with Sales, Trading, and Syndicate to identify investor relationships and drive active engagement with clients and investors
• Manage and prioritize a pipeline of securitization opportunities.
• Identify, research and analyze potential new asset classes.
• Drive effective monitoring and reporting of the securitization portfolio.

SUPERVISORY RESPONSIBILITIES:

Responsible for driving deal team coordination on each loan or ABS opportunity and daily roles and responsibilities. Provide distribution of tasks to ensure successful deal execution and ongoing deal management, and processes for waivers/amendments.

MINIMUM KNOWLEDGE & SKILLS REQUIRED:

• 10+ years of experience in Banking, Investment Banking or Capital Markets and specifically in a consumer ABS execution role. Strong public, 144a, 4a2, and loan ABS deal execution performance history and credit underwriting skills
• Developed client relationships and management skills within Consumer ABS sector
• Excellent presentation skills, both oral and written
• Strong working experience with credit rating agencies and legal teams used in ABS financings
• Strong understanding of transaction models and structural mechanics for consumer assets
• Solid experience of financing facilities (warehouse, term loan, portfolio)
• Team player with the ability to be a leader and manager for the sector and team on multiple transactions at any one time
• Securities Industry Essentials (SIE), Series 7/79/63 license required.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.