Capital Markets Lead
SoFi
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Who we are:
Shape a brighter financial future with us.
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We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The role:
SoFi is seeking a Group Manager to join our Capital Markets team. In this role, you will oversee the transaction Capital Markets - Structuring and Execution team, working with a cross-functional internal team of capital markets, treasury, investor relations, legal and IT team members together with external constituencies including broker-dealers, investors, and rating agencies to execute Capital Markets’ transactions.
What you’ll do:
- Lead the asset-backed securitization and whole loan sale programs across SoFi products, including (but not limited to)
- Liaison with all internal and external parties involved in the transaction including, internal and external legal counsel, trustees, accounting firms, underwriters/brokers.
- Modeling / reverse engineering structures and tying out with banks and investors
- Negotiating/coordinating required disclosure as well as securitization-related documents (pooling and servicing agreements, prospectus supplements etc.)
- Lead structure development across the full transactional spectrum ranging from plain vanilla direct loan sales to broadly syndicated ABS transactions.
- In partnership with internal and external counsel, lead review and negotiation of transactional terms through to execution.
- Maintenance of deal structures on Bloomberg, Intex, and Yield Book and data on DV01 website.
- Collaborate and provide strategic support to internal stakeholders such as credit, legal, engineering, product, treasury, accounting, servicing and finance.
- Support IR team with the content preparation, communication, correspondence, and due diligence processes for external stakeholders including investors, lenders, rating agencies, data systems providers, law firms, trustees, custodians, and accounting firms.
- Other ad hoc support as needed requested relating to whole loan sales, asset-backed securitizations, new products, securities financing, unsecured lines of credit, and any other future financing initiatives of the company.
What you’ll need:
- 10+ years of relevant experience desired, primarily in capital markets and ABS execution
- BS/BA in business, finance, accounting, economics or a similar technical field
- Excellent work ethic and willingness to contribute broadly to achieve team and company objectives
- Strong verbal and written communication as well as technical and organizational skills
- Strong analytical skills with attention to detail
- Strong ability to read and interpret financial contracts and knowledge of core documents and industry standard/best practices in transactional terms
- High level of proficiency with Microsoft Office suite (particularly in Excel, and PowerPoint)
- Previous experience with lending or consumer credit products a plus: mortgages, student loans, credit cards, personal loans, etc.
- Previous experience with asset-backed securitization data sets a plus: Bloomberg, Intex, DV01, etc.
