Asset Backed Finance - Associate

About the Job

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

• Analyze and synthesize private investment/portfolio performance trends and related market research (collateral /operational/ industry /regulatory). Appropriately escalate any performance deterioration

• Onboard new private investments for monitoring by reviewing deal documentation and collaborating with originations team to develop/implement appropriate risk monitoring and reporting metrics

• Coordinate with risk team in maintaining accurate watch rating for each investment at all times

• Ensure timely receipt and completeness of various reporting requirements from the borrowers

• Maintain continuous dialogue with third parties trustees to ensure accuracy of deal reporting and run payment waterfalls

• Collaborate with internal constituents including operations, accounting, risk, and analytics on deal specific inquiries and to ensure internal systems accurately reflect the key attributes of each investment

• Coordinate with origination platform partners and third-party valuation providers in running the valuation process across the entire asset-based finance portfolio

• Work with operations and treasury teams to ensure timely execution of ongoing funding requests

Candidate Profile/Qualifications:

• Bachelor’s degree with an excellent academic record

• 2-4 years of experience in reading/analyzing documentation of CLO or ABS securitizations, warehouse, and asset-backed financings; experience in multiple asset classes a plus

• Ability to review and analyze monthly servicing reports/ performance reports

• Knowledge or familiarity with insurance investment management a plus

• Strong capabilities in MS Excel and PowerPoint, VBA; Intex and Bloomberg experience a plus

• Proactive self-starter with high attention to detail, intellectual curiosity, and motivation

• Excellent organizational and communication (verbal and written) skills

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.