As a Consultant in our Deloitte Advisory Securitization practice, you will perform agreed upon procedures for our investment manager clients related to the full life cycle of a structured product transaction of certain Collateralized Loan Obligations (CLO).

Our team is responsible for using proprietary financial models to recalculate bond waterfalls, principal and interest coverage ratios, and other portfolio criteria. This position involves directly interfacing with clients and other professionals within the organization and throughout the industry on a daily basis.

Responsibilities include:

• Working with and creating financial models to calculate both the distribution of cash flows to all related parties of a transaction as well as various collateral criteria set forth in the transaction's governing documents.
• Responsible for preparing and issuing Agreed-Upon Procedure reports and invoices.
• Help develop and maintain proprietary securitization collateral and cash flow models, analyze results and provide explanations for discrepancies to ensure compliance with each transaction's offering documents.
• Perform and manage due diligence tie out procedures on bank loan attributes such as ratings, coupons, spreads and maturity dates.
• Manage expectations of deliverables and timing with Underwriters, Investment Managers, Trustees and engagement team.

Qualifications:

Required:

• Bachelor's degree in preferred majors including: Accounting, Business Administration, Finance, Economics, Statistics, Financial Engineering, Quantitative Finance, or Math
• Minimum of 2 years of related industry experience
• Previous Collateralized Loan Obligation (CLO) experience
• Experience in financial cash flow modeling securitization transactions in Excel/VBA
• Strong spreadsheet skills
• Experience in coordinating and communicating with working parties such as bankers, attorneys, and collateral managers
• Proficiency with Microsoft Excel, Word, and PowerPoint
• Well-versed in the interpretation of legal documents such as offering memorandums, offering circulars, indentures, and private placement memorandums, etc.
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
• Ability to travel less than 10%, on average, based on the work you do and the clients and industries/sectors you serve

Preferred:

• MS/MBA/CPA.
• Prior Big 4 Accounting Firm or relevant working experience in the following industries:
  • Mortgage and asset-backed securities.
  • Accounting Firms.
  • Corporate Trust.
• Demonstrated leadership and strong verbal and written communication skills
• Demonstrated problem-solving and critical thinking skills
• Ability to prioritize tasks, work on multiple assignments, and manage ambiguity
• Ability to work independently and as part of a team with professionals under significant time pressure/deadlines

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $66,120 to $127,600.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

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As used in this posting, "Deloitte Advisory" means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. These entities are separate subsidiaries of Deloitte LLP.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

Deloitte will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance. See notices of various ban-the-box laws where available.

Requisition code: 195626