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Assurance - Financial Markets - Structured Finance - Associate

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PwC

2mo ago

  • Job
    Full-time
    Junior Level
  • Accounting & Tax
    Banking & Finance
  • Quick Apply

AI generated summary

  • You must have a CPA, CFA, or Master's in Finance; 0-2 years in structured finance; strong Excel skills; knowledge of securitization; and be a proactive team player with strong communication skills.
  • You will assist in securitization transactions, prepare reports, create financial models, manage investor relations, perform valuations, and build client relationships through exceptional service.

Requirements

  • Qualified CPA, CFA or a Masters degree in Finance;
  • Minimum of 0-2 years of structured finance-related work experience including but not limited to Transaction & Financial modelling, cash flow modelling & bond data, investor reporting and ongoing deal management and Regulation AB;
  • Understanding of securitisation products such as ABS, RMBS, CMBS, Agency or CLO/CDOs;
  • Ability to comprehend the various rules and terms in the governing documents and being able to model cash flows per the priority of payments clauses and other sections enlisted in the Offering memorandum;
  • Proficient in MS Excel;
  • Knowledge of VBA and Python will be an advantage;
  • Playing a role in discussions, proactively asking questions and share an informed point of view;
  • Strong transaction, financial modelling, and analytical skills;
  • Strong communication skills along with fluency in English;
  • Strong intellectual curiosity and a fast learner;
  • Demonstrated capability of working effectively with 3rd parties, including managing the process/ timetable of deliverables and providing feedback etc.;
  • Strong team player, demonstrated capability of working closely with team members and delivering quality work under tight schedule;
  • Flexible and able to adapt to changing situations;
  • Bachelor’s in finance/Accounting/Economics with focus on valuation methods (B. Com, B.Sc. with Economics Hons) along with following certifications: CFA (US) - Mandatory;
  • Work Experience ranges as below:
  • 0 to 2 years for CFA (US);
  • Work Experience from following organisations:
  • Big 4s – similar experience;
  • Financial Services Companies / Investment Banks/Credit Rating Agencies – Morningstar, Moody’s, BNY Mellon, Barclays, JP Morgan, Morgan Stanley, Goldman Sachs, Credit Suisse, Wells Fargo, Macquarie, Standard Chartered, Nomura, Citigroup, HSBC, Karvy Financial Services Company, Merrill Lynch, UBS, Bank of America, Fidelity Investments, Blackrock, TIAA;
  • Consulting Firms: Accenture, McKinsey & Co., Acuity Knowledge Partners;
  • Advanced knowledge on Microsoft Office especially Excel;
  • Experience in transaction & financial modelling;
  • Good understanding of corporate financial statements and various types of securities;
  • Proficient written and verbal English communication skills;
  • Commitment to continuous training and to proactively learn new processes;
  • Demonstrated self-motivation and a desire to take responsibility for personal growth and development.

Responsibilities

  • Assisting during each phase of a securitization transaction, from loan file due diligence, collateral and modelling services to post-closing, comfort services and periodic reporting;
  • Assisting in preparation of agreed-upon procedures and compiling our findings in a report ready for closing;
  • Creating independent financial models to project collateral and bond cash-flows for various debt types and related securitizations, including asset backed securities, mortgage backed securities, and collateralized loan obligations;
  • Investor reporting and ongoing deal management to provide comfort to Trustees / Bankers on the accuracy of ongoing reports provided to investors or sponsors;
  • Performing valuation analysis of financial instruments and structured products;
  • Building long-term client relationships through exceptional client service including a deep understanding of the client and their needs, exceptional responsiveness, and the delivery of the highest quality service and work product.

FAQs

What is the primary role of an Associate in Assurance - Financial Markets - Structured Finance?

The primary role of an Associate includes providing audit, regulatory, valuation, and financial analysis services related to structured finance and securitization transactions, assisting clients with their complex accounting and financial reporting challenges.

What qualifications are required for this position?

A qualified CPA, CFA, or a Master's degree in Finance is required. Additionally, candidates should have 0-2 years of structured finance-related work experience.

What types of structured finance products should a candidate be familiar with?

Candidates should have an understanding of securitization products such as Asset-Backed Securities (ABS), Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS), and Collateralized Loan Obligations (CLOs/CDOs).

What technical skills are necessary for this role?

Proficiency in MS Excel is essential, with knowledge of VBA and Python being an advantage. Experience in transaction and financial modeling, as well as cash flow modeling, is also required.

Is fluency in English necessary for the Associate position?

Yes, strong communication skills and fluency in English are required for effective collaboration and client interaction.

What personal competencies are sought in candidates for this role?

Candidates should demonstrate strong analytical skills, intellectual curiosity, flexibility, and an ability to work effectively with team members under tight deadlines.

Are there opportunities for continuous learning and development in this role?

Yes, the position emphasizes personal growth and development, with a commitment to continuous training and proactively learning new processes.

Is prior consulting experience valued for this position?

Yes, prior consulting experience, especially with firms such as Accenture or McKinsey & Co., is valued as it relates to the skills needed for the role.

What are the travel requirements for this position?

There are no specified travel requirements for the Associate role in Assurance - Financial Markets - Structured Finance.

Will the company sponsor work visas for this position?

No, this position does not offer sponsorship for work visas.

Accounting
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

PricewaterhouseCoopers (PwC) is one of the Big 4 accounting firms and a leading professional services organisation. PwC offers a broad range of services, including audit and assurance, tax consulting, advisory, and legal services. They work with clients across various industries, from multinational corporations to startups, providing insights, expertise, and solutions to help them address complex challenges and achieve their goals. PwC's ultimate mission is to build trust in society and solve important problems. They strive to enhance transparency, integrity, and accountability in financial reporting, while also supporting sustainable business practices and societal advancement. PwC's purpose is to contribute to creating trust and value for their clients, people, and wider stakeholders, driving confidence and fostering innovation in a rapidly changing world.

Culture & Values

  • Act with integrity

    Speak up for what is right, especially when it feels difficult. Expect and deliver the highest quality outcomes. Make decisions and act as if our personal reputations were at stake.

  • Make a difference

    Stay informed and ask questions about the future of the world we live in. Create impact with our colleagues, our clients and society through our actions. Respond with agility to the ever changing environment in which we operate.

  • Care

    Make the effort to understand every individual and what matters to them. Recognise the value that each person contributes. Support others to grow and work in the ways that bring out their best.

  • Work together

    Collaborate and share relationships, ideas and knowledge beyond boundaries. Seek and integrate a diverse range of perspectives, people and ideas. Give and ask for feedback to improve ourselves and others.

  • Reimagine the possible

    Dare to challenge the status quo and try new things. Innovate, test and learn from failure. Have an open mind to the possibilities in every idea.