Manager, Securitization and Structured Products Services
Work with a Top 20 CPA and advisory firm that Accounts for Anything. Aprio has 40 U.S. office locations, as well as international office locations and more than 3,200 team members that speak 60+ languages across the globe. By bringing together proven expertise, deep understanding, and strategic foresight for fast-growing industries, Aprio ensures clients are prepared for wherever life or business may take them. Discover a top-rated culture, vast growth opportunities and your next big career move with Aprio.
Join Aprio's Audit team and you will help clients maximize their opportunities. Aprio is a progressive, fast-growing firm looking for a Manager, Securitization and Structured Products Services to join their dynamic team.
Aprio’s Structured Products Group is a specialized team of capital markets and accounting professionals that provide assurance and advisory services for a critical element of structured finance bond issuance. The team delivers Agreed Upon Procedures (AUP) and other reports, principally for new-issue asset backed securities and securitizations. The team works with a national network of lenders, investment banks, and asset managers.
The Structured Products ABS modeler is responsible for the independent modeling of each AUP engagement: recreating asset and bond (liability) cash flows using modeling assumptions and the payment waterfall from the offering documents and legal agreements and helping to identify and explain any discrepancies.
You will work closely with Aprio’s principals, partners, managing directors, and the broader Structured Products team to network, educate, and collaborate on deal execution. The ideal candidate has deep experience in ABS modeling within a structured products team at a nationally recognized accounting firm.
Position Responsibilities:
- Model and recalculate cash flows — independently rebuild asset and liability (bond) cash flows for ABS transactions, reverse-engineering the payment waterfall from offering documents and legal agreements. Recreate and analyze customized investor scenarios and interface with the investment bank to discuss the results.
- Analyze the collateral — perform loan pool analysis, collateral stratification, and legal document review to support each AUP report.
- Tie out the results — review model output, identify discrepancies, and help explain them so the report ties out accurately before closing.
- Deliver as a team — work with teammates on all aspects of the AUP report creation and delivery process, coordinating with internal and external parties.
- Run the modeling workstream — manage the modeling on a live deal, including client communication and the timing of deliverables.
- Improve how the work gets done — help develop and refine workflow processes, including documenting procedures to support efficient, accurate deliverables.
- Communicate clearly — verbally and in writing, with clients and with all levels of the organization.
Qualifications:
- Bachelor’s degree required; CPA, MBA, or master’s degree preferred.
- 3+ years of experience in securitization, structured products, or asset management
- Hands-on cash flow modeling experience, ideally including AUP or payment-date verification work; strong Excel skills, with VBA, python, or another programming language a plus.
- Strong technical background, including an in-depth understanding of one or more of the following asset classes: asset-backed securities (ABS), residential mortgage-backed securities (RMBS), and esoteric or similar securitized and structured products.
- Excellent analytical skills and strong attention to detail.
- Ability to interact with people at all levels of an organization and to present complex information clearly to a diverse audience.
- Ability to manage multiple priorities and simultaneous projects, and to meet tight and changing deadlines, in a rapidly growing practice.
- Excellent verbal and written communication skills.
- Limited travel, including attending industry conferences as needed.
Why work for Aprio:
Whether you are just starting out, looking to advance into management or searching for your next leadership role, Aprio offers an opportunity to grow with a future-focused, innovative firm.
Perks/Benefits we offer for full-time team members:
- Medical, Dental, and Vision Insurance on the first day of employment
- Flexible Spending Account and Dependent Care Account
- 401k with Profit Sharing
- 9+ holidays and discretionary time off structure
- Parental Leave – coverage for both primary and secondary caregivers
- Tuition Assistance Program and CPA support program with cash incentive upon completion
- Discretionary incentive compensation based on firm, group and individual performance
- Incentive compensation related to origination of new client sales
- Top rated wellness program
- Flexible working environment including remote and hybrid options
What’s in it for you:
- Working with an industry leader: Be part of a high-growth firm that is passionate for what’s next.
- An awesome culture: Thirty-one fundamental behaviors guide our culture every day ensuring we always deliver an exceptional team-member and client experience. We call it the Aprio Way. This shared mindset creates lasting relationships between team members and with clients.
- A great team: Work with a high-energy, passionate, caring and ambitious team of professionals in a collaborative culture.
- Entrepreneurship: Have the freedom to innovate and bring your ideas to help us grow to become the CPA firm of choice nationally.
- Growth opportunities: Grow professionally in an environment that fosters continuous learning and advancement.
- Competitive compensation: You will be rewarded with competitive compensation, industry-leading benefits and a flexible work environment to enjoy work/life balance.
EQUAL OPPORTUNITY EMPLOYER
Aprio is an Equal Opportunity Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race; color; religion; national origin; sex; pregnancy; sexual orientation; gender identity and/or expression; age; disability; genetic information, citizenship status; military service obligations or any other category protected by applicable federal, state, or local law.
Aprio, LLP and Aprio Advisory Group, LLC, operate in an alternative business structure, with Aprio Advisory Group, LLC providing non-attest tax and consulting services, and Aprio, LLP providing CPA firm services.