Bank of the West Treasury Analyst - Asset Sales & Securitization in San Francisco, California
Treasury Analyst - Asset Sales & Securitization
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Responsible for providing broad-based analysis for the securitization and loan sales platform of the Bank, with particular emphasis on data, credit and fixed income financial analysis. Assists with new issuance securitization activities, ongoing transaction monitoring and reporting, transaction clean-up and termination and adherence to regulatory and legal requirements. For securitization and loan sales activities, performs a variety of complex and diverse analytical duties including the collection, manipulation and analysis of large datasets from various sources in a variety of programs, and performs statistical analyses, cash flow modeling and cost-benefit analyses. Assists with on-going monitoring and reporting of the Bank’s collateral management activities. May perform small, short-term projects and support the lines of businesses of the Bank from time to time.
Essential Job Functions
Develop data extraction and analytical tools, and provide solutions to support the securitization, loan sales and collateral management platform
Generate loan assumptions based on historical performance, develop models and support external rating analysis to meet Bank securitization objectives
Perform complex analyses and structuring work for new securitization and loan sales transactions, including but not limited to identifying optimal transaction structure considering profitability, liquidity and capital management objectives, determining the loan pool, preparing and reviewing legal documentation with internal/external counsel, marketing and closing activities
Perform ongoing investor and management reporting of executed securitization transactions, including requirements development and troubleshooting investor reporting and accounting systems, as may be necessary
Perform monitoring and high-level reporting of the Bank’s collateral management activities, including securitization funding as well as pledged assets with the FHLB and the Fed
Execute clean-up call activities, including calculation of repurchase amount and termination of securitization transactions
Develop and maintain policies/procedures applicable to Bank’s securitization and related activities
Ensure compliance with Bank audit, regulatory, security and risk standards, policies and procedures
May assist in researching relevant business and regulatory developments in the securitization and/or banking industries
May support other business objectives and projects when not actively working on a securitization transaction
Interacts with treasury, risk management, underwriting, operations, servicing, collections, accounting, legal, compliance and other related Bank teams regarding business operations and their relationship with securitization
Performs other duties as assigned
Other Job Duties
Uses statistical concepts to review large volume of data for anomalies, and recommends remedial actions.
Works with LOB partners and modelers on modeling approach, assumption; becomes SME on data and business characteristics for subject portfolios and develops statistical and qualitative predictive models to be used for CCAR Stress Testing.
Performs other duties as assigned.
Requires advanced knowledge of job area typically obtained through advanced education combined with experience.
May have practical knowledge of project management.
Requires 5 years minimum prior relevant experience.
Five or more years in banking or financial services preferred, securitization experience a plus
Four or more years of data and/or financial analysis required
Bachelor's Degree Finance or Economics required
Master's Degree Finance, Economics, Mathematics, Physics or Engineering
Demonstrated ability to apply quantitative methods and tools supporting credit and/or fixed income analysis, preferably with a focus on securitization
Technical skills to manipulate and analyze large datasets in a variety of formats (e.g. SAS, SQL, Access, etc.); demonstrated scripting/programming skills in at least one language is required
Strong analytical and problem solving skills coupled with thoroughness and attention to detail is required
Experience assessing historical data to support assumption generation and model development preferred
Experience developing cash flow analyses and cash flow modeling preferred
Proficiency in Excel mandatory, programming skills in VBA preferred
Knowledge of basic accounting principles preferred
Strong written, presentation and verbal communication skills
Demonstrated ability to work in a team environment, while capable of working independently with moderate direction
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Working Location Statement
This position has the option to work in one of our key hubs (San Francisco)
Job: Accounting Finance
Location: United States-California-San Francisco
Requisition ID: 055455