At a Glance
- Tasks: Manage a diverse loan book of Asset-Backed Securities and monitor portfolio performance.
- Company: Leading asset management and investment advisory firm with a dynamic culture.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Ideal for motivated individuals eager to learn and excel in finance.
- Why this job: Join a fast-paced environment and make impactful decisions in structured finance.
- Qualifications: Bachelor's degree in Finance or related field; 3-7 years of relevant experience required.
The predicted salary is between 60000 - 80000 £ per year.
About the Company - Leading asset management and investment advisory firm.
About the Role - Managing a loan book of Asset-Backed Security (ABS) loans backed by various types of underlying assets across different sectors. Sectors could include equipment loans and consumer loans including car loans, credit cards etc. Monitor portfolio performance and key metrics, identifying trends, risks, and areas of concern. Conduct regular credit reviews and assessments to evaluate the quality and performance of underlying assets. Develop and implement risk management strategies to mitigate potential losses and ensure the stability of the ABS loan portfolio. Lead the development and refinement of financial models, analytics, and data reports for loan performance tracking and forecasting. Provide insights into portfolio trends and deliver actionable data-driven recommendations to senior management.
Responsibilities- Managing a loan book of Asset-Backed Security (ABS) loans backed by various types of underlying assets across different sectors.
- Monitor portfolio performance and key metrics, identifying trends, risks, and areas of concern.
- Conduct regular credit reviews and assessments to evaluate the quality and performance of underlying assets.
- Develop and implement risk management strategies to mitigate potential losses and ensure the stability of the ABS loan portfolio.
- Lead the development and refinement of financial models, analytics, and data reports for loan performance tracking and forecasting.
- Provide insights into portfolio trends and deliver actionable data-driven recommendations to senior management.
Bachelor's degree in Finance, Economics, Business, or a related field (MBA, CFA, or related certifications preferred).
Required Skills- Candidates would ideally have between at least 3-7 years' relevant experience in ABS loan management, structured finance, or a related role within a financial institution, loan servicer, or asset manager.
- This position requires in-depth knowledge of ABS products, structured finance, risk management, and client relationship management.
- Demonstrated experience working with a variety of ABS asset classes (e.g., equipment loans, consumer loans including car loans, credit card loans etc).
- Proficiency in financial analysis, loan performance modelling, and data management, with advanced skills in Excel.
- This is a client/counterparty facing role so we would expect candidates to show an excellent level of written and spoken English.
- Strong client management and communication skills.
- Ability to roll up their sleeves and cover full risk management spectrum.
- Ability to think analytically and present solutions in a clear way.
- Will suit candidates who can work independently and are motivated to learn in a fast-paced environment.
- Advanced competence with PowerPoint, Excel, and Word.
StudySmarter Expert Advice🤫
We think this is how you could land Associate - Structured Finance / ABS in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Macdonald & Company. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate - Structured Finance / ABS in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Macdonald & Company.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Macdonald & Company's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Macdonald & Company
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Macdonald & Company.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Macdonald & Company will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Macdonald & Company employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
