Bond Analytics Professional - Investment Bank

JOB DETAILS :

Job title : Bond Analytics

Location : Mumbai

Job Context

Develop cash flow models and process them which support bond payments to investors of mortgage-backed and asset-backed securities and collateralized debt obligations.

Summary of Role

The Trust & Agency Services (TAS) Corporate Trust Structured Finance Services business provides Trustee, Calculation Agent, Paying Agent, Custodian, and Tax Agent Services globally for all Structured Finance transactions (RMBS, ABS, CMBS, and CDO/CLO- s). The Group is responsible for providing trust administration for Structured Finance transactions which include deal calculations for bond payment and best-in-class reporting for its clients and investors. The functions include utilization of leading edge technological platforms for calculation model development, validation of cash flow model output through analysis and quality reviews, and ensuring data and model quality using database applications.

Duties will include :

- Read and interpret governing legal and issuer documents namely Prospectuses/Offering Circulars, Bond Indentures and Pooling and Servicing Agreements, Hedging Agreements, etc. In addition, work closely with the structuring attorneys, rating agencies, bond insurers and underwriters to ensure compliance and structural integrity of governing legal documents.

- Develop and test cash flow models, including validating the accuracy of current and future bond payments against prospectus supplement tables for decrement, confirming bond yields produced from cash flow models against yields provided by authorized third parties.

- Convert existing implementation and production multi-platform cash flow models to a leading edge technological platform.

- Offer the highest level of customer service by understanding overall deal structure and bond payments in order to provide internal and external clients with explanations to support cash flow model output.

- Establish the guidelines for receipt and appropriate format of underlying asset-level collateral that supports bond payments, as well as research and resolve any data accuracy issues.

- Provide training to more junior analysts on database, report creation, structure, systems, collateral and validation processes.

- Involvement in ad hoc/special projects which support process improvement and the implementation of technology initiatives.

- Understand and analyse issues and offer practical solutions. Working independently with a minimal degree of supervision is required to exercise independent judgment.

Skills

- Bachelor of Science/Engineering or qualified CA/CFA with a high GPA and a minimum of 3-5 years of professional experience.

- Previous experience in developing cash flow models, and exposure to securities industry. Experience in structured finance products like MBS/ABS/CDO/CLOs will be preferred.

- Must have proven skills in MS Excel and/or MS Access with good scripting skills in VBA.

- Experience in using SQL.

Other attributes :

- Demonstrated ability to handle multiple and often competing projects under tight deadlines and pressure.

- Must project a Customer/Client service focus.

- Responsible for supporting efforts to mitigate and control operational risk.

- Must be organized, focused and possess strong communication and analytical skills.

- Demonstrated ability to work and think independently, while supporting team goals/objectives.