Director, Asset Backed Securities, Structured Research - Military Veterans
at Genworth
At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care withguidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need careand we bring those experiences with us to work in serving our millions of policyholders each day.We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.Our four values guide our strategy, our decisions, and our interactions:Make it human. We care about the people that make up our customers, colleagues, and communities.Make it about others. We do what's best for our customers and collaborate to drive progress.Make it happen. We work with intention toward a common purpose and forge ways forward together.Make it better.We create fulfilling purpose-driven careers by learning from the world and each other.POSITION TITLEDirector, Asset Backed Securities, Structured ResearchPOSITION LOCATIONStamford, CTThis position must be based in Stamford, CT with a hybrid work schedule.YOUR ROLEYou will be a member of the Structured team with responsibility for covering Asset-Backed Securities. This role requires utilization of structured research to evaluate investment opportunities and monitor existing investment positions in the ABS portfolio. You will work closely with other members of the team and will report to the Corporate/Structured Research Team Leader.What you will be doingCollaborate with traders and research staff in developing and implementing a strategy for existing holdings as well as new investmentsReview holdings' performance information from Intex, Bloomberg and Servicer reports and compare to original expectations. Revise our internal ratings as necessary.Follow up with trustees, servicers, special servicers, rating agencies and bankers to determine causes of performance weaknessRecommend buy/hold/sell designation on our holdings. Make supported recommendations and develop relative value view across other structured products and asset classes.Perform impairment and other cash flow testing on the portfolioProvide qualitative and quantitative analysis of securities identified for impairments and work with auditors to defend the outcomeAid in updates on individual credit limitsParticipate and speak in morning market meetings on meaningful events or trends in asset classParticipate in monthly credit reviews for structured finance asset classes and watch list discussionsProvide credit view to support new business initiativesWhat you bringBachelor's degree in Finance or related area(s) of study7+ years of experience in fixed income capital marketsExperience analyzing ABS risks with a focus on esoteric ABSExperience automating surveillance tools and tracking reportsSelf-starter who has passion for fixed income markets, is an independent thinker, and strong minded with focus on creditVery strong verbal and written communication skillsAbility to prioritize multiple tasks in a fast-paced, changing environmentStrong Excel and Power Point SkillsNice to haveMBA or CFAExperience working with analytical tools such as Trepp, Intex or BlackRock SolutionsEmployee Benefits & Well-BeingGenworth employees make a difference in peoples lives every day. Were committed to making a difference in our employees lives.Competitive Compensation & Total Rewards IncentivesComprehensive Healthcare CoverageMultiple 401(k) Savings Plan OptionsAuto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)Generous Paid Time Off Including 12 Paid Holidays, Volunteer Time Off and Paid Family LeaveDisability, Life, and Long Term Care InsuranceTuition Reimbursement, Student Loan Repayment and Training & Certification SupportWellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)Caregiver and Mental Health Support ServicesADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
Stamford, CT
Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871. Our products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists.