Job Description: Guggenheim Securities, the Investment Banking division of Guggenheim Partners, is seeking a Summer Analyst to join its Structured Products Origination team. Structured Products is a core focus area at Guggenheim, and the firm is a market leader in providing its clients with a broad range of financing solutions using securitization technology applied to a variety of traditional and non-traditional asset classes, including franchise royalties, IP rights, data centers, oil & gas assets, PACE assessments, tax liens and others.
Securitization is a technology that, by combining and isolating assets with stable, predictable cash flows, enables an issuer to access attractive sources of financing when compared to traditional forms of debt. Securitization results in the tranching of cash flows generated by a pool of assets into one or more instruments which carry varying risk/reward profiles, called Asset-Backed Securities, and the subsequent sale of the resulting instruments to investors. Asset-Backed Securities are frequently categorized based on the underlying assets which back them, which range from the traditional (auto loans, student loans, credit card receivables, etc.) to the non-traditional (franchise royalties, tax liens, venture debt, etc.).
Guggenheim ranks as the #1 underwriter of non-traditional asset-backed securities and has raised over $150 billion across 335+ transactions executed since 2014. Guggenheim and transactions we have led have won numerous awards in the last several years, including the S&P Platts Global Energy 2022 Financial Deal of the Year (oil and gas securitization for PureWest Energy) and 2020 Financial Deal of the Year (oil and gas securitization for Diversified Gas & Oil), the GlobalCapital 2022 Esoteric ABS Deal of the Year (C-PACE securitization for Greenworks Lending), 2021 "Esoteric ABS Bank of the Year", 2020 "Best Securitization Bank of the Year", 2019 "Most Innovative Securitization Bank of the Year", and 2018 "Esoteric ABS Bank of the Year".
The role will be located in the firm's New York office.
Essential Job Functions
- Support deal team in all aspects of securitization transactions across a variety of asset classes
- Help prepare marketing presentations, term sheets and rating agency materials
- Develop securitization cash flow models and perform portfolio and historical data analysis for various types of assets
- Conduct market research and industry review projects for new asset classes
- Develop and maintain databases and automated tools used by the team to track information such as transaction pricings, investor participation, etc.
Preferred Qualifications
- Strong quantitative skills required
- Familiarity with MS Excel and MS PowerPoint required; previous experience with VBA within MS Excel or other coding/scripting experience a plus
- Detail-oriented, organized, with initiative and ability to multitask and work as part of a team
- Excellent written and verbal communication skills
- Resourcefulness, intellectual curiosity and enthusiasm
Basic Qualifications
- Must be on track to receive a Bachelors, Masters or equivalent degree in December 2027 or Spring 2028
Salary Details
- A salary based on an annual rate of $110,000 per year
- The base salary amount represents the anticipated salary for this position. Actual base salaries may vary depending on factors such as location and experience. The salary listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us: Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.
For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at or .
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