Your Team Deserves Properly Trained
Securitization Analysts

For investment banks, investors, & issuers, we develop training programs that meet their needs.

Training Gives Your Entire Team An 'Edge'

The truth is – securitization is not difficult to learn. It’s just rarely properly taught.

"On-the-job" training can be a resource drag & vary in results. Teams are often stretched thin and unable to provide consistent & structured training.

Textbook learning is too academic and doesn't provide practical skills.

This leads to a lack of uniformity, potential for frustration, and an increased risk of mistakes.

Our Solution

Our "hands-on" courses bridge the gap between theoretical understanding and practical application.

Our participants gain confidence, foundational knowledge, and skills to take the burden off senior deal team members - freeing up time for them to focus on more strategic work.

Senior members are relieved to have well-trained analysts they trust.

Our Approach

We work with investment banks, investors, & issuers to provide custom courses. Although solutions vary, we take a systematic approach.

1. Learn through simulated deals.

2. Master the numbers - from all vantage points (debt, equity, issuer, etc.).

3. Develop "mission critical" skills to add value (walk the walk) & become fluent in industry terminology (talk the talk).

4. Build "from scratch" models in excel.

5. Present findings - "Learn by Teaching".

BOOK A FREE CONSULTATION

Popular Choice: Securitization Bootcamp

Great for training incoming interns, analysts, and associates.

Format: 5 hours of instructional video + 2-day boot camp (onsite or virtual).

Simulated Deal Premise:

Our class plays the role of an Investor buying auto loans from a FinTech Lender.
We need a +10% return - but quickly learn buying unlevered auto loans doesn't get us there!
Using securitization, we negotiate to structure a deal that works for us (+10% IRR as Securitization Equity Investors), Banks (Securitization Debt Providers), & the FinTech Lender (selling us the auto loans).

Key Concepts

Anatomy of a deal: structure, process, parties, incentives
Mitigating Risk: O/C, Turbo, Subordination & Waterfall structuring, BK-remote SPVs
Assessing Risk/Return profile

Key Skills

Build a 'from-scratch' excel securitization model
Static pool analysis; custom loss/prepay assumptions
Projecting asset cash flows, calculating unlevered & levered IRRs
Break-Even Analysis, Return Sensitivity
Term Sheet Review
"Telling the story" with visualizations

Key Perspectives

Experience a lender-investor term sheet negotiation process
Explore the vantage points of the Investor (ABS equity), the Banker (ABS Debt Provider), and the asset originator (FinTech Lender)

I'm Zach Bolster, Lead Instructor

I've worked in securitization since 2004 as a banker, investor, & capital markets consultant to FinTech Lenders. Over the years, I've trained interns, analysts, and "first-time securitizers". I'm thrilled to be teaching securitization.

Investor Experience:

Apollo (MD- Alternatives)
Waterfall (FinTech Warehouse Lending).

Banking Experience:

Wells Fargo RMBS
Wachovia Consumer ABS

About Me:

I live in Santa Monica with my two young kids and wife.
I'm co-founder and president of ChemoCars - a nonprofit that's provided over 25,000 free rides to cancer treatment.