Capital Market Function
Product and Placement Division
Bangkok Thailand
สำหรับสมาชิกเท่านั้น
-Reintroduced Securitization business into Thai market from tax, accounting and regulatory research, rating, and market survey in order to maximize product benefits and ensure smooth operation
-Developed (1) pitchbooks of securitization products including Auto ABS, Car Rental, Trade Receivable, Future Flow, Solar Financing, CMBS, and CLO products and (2) Social and Green bond pitchbooks
-Established relationships with institutional clients and debt funds to gain insights into their needs and offer suitable fixed income products
มิถุนายน 2557 ถึง กันยายน 2561
VP
JPMorgan Chase
Valuation Control Group
New York New York
สำหรับสมาชิกเท่านั้น
-Valued seven billion-dollar portfolios of origination, secondary trading, special opportunities desks, based on securitization mock, vendor prices, credit based DCF and comps on a monthly basis.
-Outlined and executed the robust valuation framework and method on CRE loans worth $4BN (syndicated, bridge, land development, construction, senior participation, and mezzanine loans).
Interacted with five pricing vendors constantly to challenge and discuss their pricing approaches and to improve hard to value pricing coverage. Successfully challenged vendors on highly leveraged bonds with heavy exposure to financially troubled retailers and malls, reducing variance by over ~$10MM.
-Led the fair value treatment projects in response to CMBS Risk Retention effective in late 2017.
-Identified and explained significant P&L drivers of all CMBS desks including cost analysis, market context, hedging strategy, deal structure summary, underlying collateral quality, and margin trend.
กรกฎาคม 2550 ถึง มิถุนายน 2557
Associate Director
UBS Investment Bank
Valuation Control
New York New York
สำหรับสมาชิกเท่านั้น
-Valued CRE loans, legacy CMBS Non Agency, and CRE CDOs worth $1BN portfolios. Successfully persuaded portfolio managers to revise their marks with total gross P&L over $0.2BN.
-Used generic credit-based pricing methodology and sensitivity analysis to identify valuation drivers and uncertainty for CMBS bonds based on loss severity by property type, CDR, recovery lag, and etc.
-Developed bottom up valuation approach by using individual loan override method to improve valuation accuracy based on historical financial performance and special servicers commentary in order to assess default probability and recovery rate.
-Reviewed loan documentations and validate loan inputs, including debt yield, CAP rates, haircut, spreads, and rating agency standards, which fed into in-house loan pricing model for UBS deals.