Company: Credit Spectrum Corp (New York, NY)

Position: Financial (ABS) Intern

Duration: 4 weeks and more

Format: Onsite/ Remote

Job Description:

Projects:

Credit Spectrum’s ABS Research and Structuring

Duties:

Interpret, model, monitor and analyze ABS credit performance

Qualifications:

1. Proficiency in Advanced Excel, VBA, and numerical methods

2. Willingness to achieve intermediate‐level proficiency in ABS during the internship

Requirements:

 Research on the collateral, covering any ABS or MBS asset classes other than auto loans, home equity loans, credit card receivables, and student loans.

 Collect and review the prospectuses; pull, clean and analyze data and produce input sheets from Bloomberg or other vendors.

 Build cash flow models and calculate actual yields based on different payment types under various default risk scenarios.

 Build the deal structure in Waterfall Editor© (WFE) – CSC’s proprietary primary market valuation engine.

 Run the transaction in ABSTRAK ® (which may require more terminals and technical skills).

 Report to the senior members of the ABS team with a research paper and presentation of the deal

Opportunity:

This is a great opportunity for a candidate to learn in detail the mechanics associated with a demanding and intricate asset class in a field with the ever-growing demand for experienced analysts, to work with first‐class ABS analysts and to become highly employable on Wall Street as a result.

职位描述：

研究抵押品，涵盖除了汽车贷款、住房抵押贷款、应收信用卡和学生贷款以外的任何ABS或MBS资产类别。

收集和审查招股说明书，从彭博社或其他供应商处提取、清理和分析数据并生成输入表。

建立现金流模型，并在各种违约风险情况下根据不同的付款类型计算实际收益。

Waterfall Editor是CSC专有的主要市场估值引擎，在这里建立交易结构。

在ABSTRAK中进行操作。

向ABS团队的高级成员汇报你的研究论文并介绍交易

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