New

Counterparty Diligence - Associate

Deutsche Bank
parental leave, remote work
United States, New York, New York
60 Wall Street (Show on map)
Jun 06, 2025
Job Description: Job Title: Counterparty Diligence Corporate Title: Associate Location: New York, NY Overview As an associate in the ABS Covenant Monitoring team, you will partner with front office to identify Affirmative and Financial covenants in legal documents. You will play a pivotal role in capturing and monitoring counterparties' compliance with deal covenants. You will create customized reports by ABS asset class. You will work closely with deal teams, Credit officers, external clients and support functions. This position was created to enhance the Firm's management of Counterparty risks. What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift, and volunteer programs What You'll Do In conjunction with the Deal Captains, review the Governing Documents of Warehouse Lending Agreements, and extract the Financial and Affirmative Covenants and document them in the Covenant Management Tool Work with the Covenant Processing team to ensure that the Financial and Affirmative Covenants are accurately booked and being processed in a timely manner Work with Deutsche Bank Tech team to help develop any improvements that can be made to the Covenant Management Tool Create reporting to Management on aging items that may exist and help to resolve them Coordinate with Credit Risk Management to ensure any waivers or breaches are processed and approved in a timely manner Participate in regular meetings regarding covenants and be able to provide data points to Management and Credit Risk Management Skills You'll Need Proven experience in Finance or Accounting Ability to read and understand complex legal agreements Strong knowledge of Microsoft office (Excel, Word and PowerPoint) Bachelor's degree in business administration Skills That Will Help You Excel Excellent spoken and written communication skills Ability to work in a high-pressure environment with deadlines Ability to work independently and manage several tasks concurrently Knowledge of different kinds of Asset Based financing transactions and performance triggers Expectations It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $90K to $139K. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration. Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more! Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please emailHR.Direct@DB.com. #LI-HYBRID We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.