Sixth Street is seeking an Asset Based Finance Vice President to join our team in New York. This full-time role involves analyzing, underwriting, executing, and managing structured finance transactions across a diverse range of asset classes.
What You'll Do
- Manage the deal process from sourcing to post-close, including originating transactions, constructing economic terms, and negotiating with counterparties
- Evaluate investment opportunities across asset classes including Non-QM / DSCR, 2nd Liens / HELOCs, Investor, MSR, Bridge, and Manufactured Housing
- Model cash flows and structures for whole loans, securitizations, equity in warehouses, senior / mezzanine warehouse lending, and other private residential investment forms
- Prepare and present due diligence materials, screenings, and investment committee memos
- Conduct ongoing monitoring of portfolio performance and quarterly valuation of investments
What We're Looking For
- Highly motivated, entrepreneurial, and team-oriented mindset
- Commercial and results orientation
- High trust and integrity
- Strategic and entrepreneurial approach
- Strong combination of organizational and interpersonal communication skills
Nice to Have
- 5+ years of proven relevant investing experience within an Asset Backed Finance group at an asset manager, insurance company, hedge fund, or other investment office
- Familiarity with residential asset classes
- Experience underwriting, structuring, and reviewing mortgage-backed securitizations, credit facilities, loan purchases, and other relevant transactions
- Experience and comfort negotiating legal documents for various mortgage-backed transaction structures
- Superior valuation, modeling, and Excel skills evaluating financial assets
- Strong accounting, finance, modeling, and problem-solving skills
- Well versed utilizing systems such as Excel, PowerPoint, CAS, Intex, and others
- Self-starter who requires little direction
- Ability to multi-task and maintain composure in a high-volume environment
- Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
- Strong verbal and written communication skills and ability to interact with internal and external stakeholders at various levels
- Structured problem solver who is able to synthesize sophisticated information from a variety of sources into implementable recommendations and solutions
- Ability to collaborate effectively across multiple teams
- Strong prioritization and project management skills
- Comfort working in a high growth, iterative environment
Technical Stack
- Excel
- PowerPoint
- CAS
- Intex
Team & Environment
You will be part of the Asset Based Finance team.
Benefits & Compensation
- Base salary range: $200,000-$225,000
- Health insurance
- Life insurance
- Long-term and short-term disability insurance
- 401(k) plan
- Paid public holidays (NYSE calendar)
- Paid sick days pursuant to local laws
- Additional reasonable time off subject to manager approval
Work Mode
This is an onsite position based in New York.
Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.
