Avatar for Ascend
Finance Automation Platform for the $7T+ Insurance Industry
  • Responds within three weeks
    Based on past data, Ascend usually responds to incoming applications within three weeks
  • B2B
  • Growth Stage
    Expanding market presence
  • +1

Capital Markets Manager

  • $100k – $150k
  • |Remote (
    Everywhere
    )
  • |Full Time
Posted: 1 month ago
Hires remotely in
Everywhere
Visa Sponsorship

Not Available

RelocationNot Allowed
Hiring contact
Randy Stralen
Employee
image

About the job

Your Role

We are looking for a detail-oriented, analytically driven Capital Markets Manager to support the execution, planning, and economics of Ascend's transactions. Ascend is also the fourth largest premium finance organization in the country, originating over $3 billion in premium finance loans annually, maintaining over $1.2 billion in committed credit facilities, and having recently completed our inaugural S&P and Moody's rated ABS transaction. This role will play a central part in managing the day-to-day operations of Ascend's securitizations and other funding facilities, combining strong modeling skills with hands-on data management to keep the portfolio running smoothly. You'll balance rigorous quantitative work with cross-functional collaboration by controlling portfolio reporting, running diagnostics, and supporting the design and execution of new funding facilities.

Responsibilities will include

Objective #1: In your first 30 days, you will:

  • Dive deep into Ascend's securitizations and other funding facilities, transaction structures, and current reporting processes and tools
  • Build foundational relationships with internal partners across Finance, Legal, and Capital Markets
  • Begin developing fluency in our waterfall models, data sets, and funding protocols

Objective #2: In your first 60 days, you will:

  • Own key aspects of portfolio management including reporting, running diagnostics, and data cleansing across Ascend's securitizations and other funding facilities
  • Develop a strong understanding of the firm's funding protocols and procedures, executing them accurately and on schedule
  • Support the design, development, and execution of securitization, warehouse, and corporate funding facilities alongside senior team members

Objective #3: In your first 90 days, and beyond, you will:

  • Fully own day-to-day management of Ascend's securitizations and other funding facilities, controlling all aspects of reporting, diagnostics, and data cleansing
  • Actively participate in special projects including interest rate risk management initiatives and portfolio analysis and forecasting
  • Play a key role in driving proactive portfolio insights that leadership can act on across underwriting, operations, and collections
  • Help refine scalable portfolio management practices and modeling approaches that enable Ascend to operate a best-in-class funding platform

You might be a good fit if you are / have

  • A four-year college degree, with majors in engineering, math, finance, physics, or economics preferred
  • Proficiency with structured finance/credit analytics platforms and programming/scripting languages (e.g. Python, SQL) preferred
  • Experience in financial cash flow modeling for securitization transactions in Excel
  • Proficiency with Microsoft Office products (Excel, Word, Access)
  • Exposure to legal documents such as offering memorandums, offering circulars, indentures, and private placement memorandums is a plus
  • Ability to work independently and multitask in a fast-paced environment to meet client deadlines
  • Strong organizational, analytical, and problem-solving skills, with high attention to detail
  • Strong written and oral communication skills
  • Some relevant working experience in the following areas is a plus: mortgage and asset-backed securities, accounting firms, corporate trust, mortgage banking, loan servicing, fixed income investments, or rating agencies

Compensation: $100,000-$150,000

Location: This is a remote position!

About the company

Ascend company logo
Finance Automation Platform for the $7T+ Insurance Industry11-50 Employees
  • Responds within three weeks
    Based on past data, Ascend usually responds to incoming applications within three weeks
  • B2B
  • Growth Stage
    Expanding market presence
  • Top Investors
    This company has received a significant amount of investment from top investors
Learn more about Ascend image

Funding

AMOUNT RAISED
$35.5M
FUNDED OVER
2 rounds
Rounds
A
$30000000
Series A - Jan 2022+1

Founders

Praveen Chekuri
Co-CEO • 6 years
San Francisco
image
Andrew Wynn
Founder
San Francisco
image
View the team image

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