Job title:

- Manager / Senior Manager – Securitisation & Direct Assignment 

Key responsibilities:

1. Transaction sourcing and planning

- Identify eligible loan pools for securitization or direct assignment in line with business, ALM and capital objectives.

- Coordinate with business, finance, treasury, legal and risk to create a pipeline of transactions.

- Analyse portfolio performance metrics (vintage, delinquencies, prepayments, yield) to decide pool composition and pricing strategy

2. Structuring and execution of securitisation/DA deals

- Work with arrangers, trustees and counterparty financial institutions to structure securitisation transactions and bilateral loan assignments.

- Support preparation of transaction documents: term sheets, pool cut sheets, cash-flow waterfalls, servicing agreements, assignment agreements, and representations/warranties

- Participate in credit, legal and tax due diligence; coordinate data rooms, queries and site / portfolio reviews by investors and rating agencies.

- Run or review pool cash-flow models and stress scenarios to assess tranche structures, credit enhancements and expected investor payouts

3. Investor, bank and rating agency interface

- Act as primary point of contact for banks, mutual funds, other investors, arrangers and trustees for all securitization/DA transactions

- Prepare and present pool performance, credit analytics, and structural features to investor and rating agency teams

- Negotiate commercial terms (pricing, haircuts, first-loss and second-loss facilities, covenants) within approved internal limits

4. Post-transaction monitoring and reporting

- Ensure accurate and timely monthly payout calculations, reconciliation and remittance to investors as per transaction mechanism

- Prepare and submit periodic investor, trustee, arranger, originator and rating agency reports, including pool performance, triggers and covenant compliance

- Monitor pool-level delinquencies, prepayments and trigger events, and escalate breaches and required corrective actions.

- Coordinate with operations, finance and IT for smooth servicing, data quality and systems support for securitized/assigned portfolios

5. Regulatory and internal compliance

- Ensure all securitisation and direct assignment transactions comply with applicable RBI guidelines and internal credit/risk policies.

- Support internal and external audits, regulatory inspections and rating reviews relating to securitisation and loan sale transactions.

- Maintain documentation and process notes covering transaction approvals, eligibility checks, true sale criteria and accounting / IND AS treatment, in coordination with finance.

6. Process improvement and product development

- Track market trends, new structures and regulatory developments in securitization and structured finance.

- Recommend enhancements to policies, SOPs, MIS and system capabilities for pool selection, monitoring and reporting

- Support development of new securitised products or platforms in collaboration with treasury and business teams.

Required qualifications and experience

- MBA (Finance), CA, CFA or equivalent preferred

- 10 years’ experience in securitisation, structured finance, treasury, capital markets, or wholesale funding in a bank or NBFC

- Strong understanding of loan products, credit risk, pool performance metrics and basic cash-flow modelling.

- Familiarity with RBI securitisation and direct assignment guidelines and relevant accounting standards (IND AS/IFRS) is desirable.

Key skills and competencies

-Analytical skills in portfolio analytics, credit risk and cash-flow analysis

-Strong negotiation and stakeholder management with banks, investors, rating agencies and internal teams

- Attention to detail and high standards of compliance and documentation

- Proficiency in MS Excel and financial models; exposure to loan management / treasury systems is an advantage

- Ability to handle multiple transactions and deadlines, with ownership and accountability.

Reporting and location

-Reports to CFO.

-Mumbai