Associate Analyst

Paul R. Sloand

Home: **** ********* ***, *********, ** 21230

610-***-**** • *******@*****.***

Work Experience

T. Rowe Price (Baltimore, MD) – Associate Analyst March 2019 – Present

● Investment professional in the Securitized Credit group focused on CLO, High-Yield, and ABCP research

● Analyze new issue/secondary CLO opportunities and communicate conviction to portfolio managers with emphasis on deal documentation review, collateral analysis, structure, and collateral manager due diligence

● Conduct research on specialty topics in high-yield for communication to multiple groups across the firm, in addition to implementing into the collateral analysis of holdings and investment opportunities

● Model BWIC market color under multiple assumption sets, coupled with new issuance activity, contributing to an overall framework of technical/relative value analysis of market colorDeveloped a surveillance database with SQL for $2.5 billion of CLO holdings that connected loan collateral to Intex, Bloomberg, loan indices, and internal stress testing models

● Reviewed the indentures of the CLO portfolio and credit agreements of new issue leveraged loan transactions to inventory LIBOR replacement language in preparation of the benchmark’s cessation in 2021

● Launched an ESG initiative and platform across securitized products in collaboration with technology teams

● Developed an overcollateralization test model to forecast CCC downgrades/defaults that will cause cash flow diversion and interest deferral on subordinate secured notes IHS Markit (New York, NY) – Structured Finance Associate September 2016 – March 2019

● Evaluator in the Structured Products group focused on US/ European CLO third-party valuations/pricing

● Conduct valuations on the U.S./European/Middle-Market CLO universe of debt/equity tranches via secondary/primary market color to derive daily published prices to clients from various funds

● Utilize relative valuation on groups of comparable bonds based on key deal characteristics based on current market standards (i.e. vintage, MVOC, WAL, manager tier, collateral industry exposure, asset quality, callability, subordination, etc.) for senior/mezzanine/unrated securities

● Utilize NAV/IRR hybrid methodology on equity tranches with asset-level assumptions for various scenarios across prepayment, default, recovery, refinancing/reset upside, reinvestment language, and fee structuring Macquarie (New York, NY) – Securitized Credit Trading Summer Analyst June 2015 – August 2015

● Summer Analyst in the Alternative Credit Trading group focused on US CLOs, Non-Agency RMBS, and ABS

● Created a zip code-level database of government data, loan tapes, deal documentation, and third-party data to create granular geographic credit profiles in the US

● Analyzed collateral of securitization opportunities in student loans, marketplace lending, and bridge loans

● Assisted the BWIC process by sharing deal documentation with clients and collecting bids

● Completed the Training the Street investment banking program Continental AG (Allentown, PA) – North America Market Research Intern May 2013 – August 2013 United States Wrestling (Colorado Springs, CO) – Greco-Roman/Freestyle Mat Official March 2013 – March 2015 Saucon Valley Country Club (Bethlehem, PA) – Caddie April 2007 – Present Education

Lehigh University (Bethlehem, PA) – B.S. Accounting & Finance May 2016 Activities: Rauch Center for Business Communications Advisory Council, Investment Management Group, Club Baseball, Club Wrestling

CFA Program - 2020 Level II Candidate

Passed Level I exam December 2019

Skills & Interests

Skills: Intex, Bloomberg, SQL, VBA, Databasing, Spanish (Intermediate) Interests: Amateur Wrestling, Mixed Martial Arts, Golf, Caddying, Baseball, Sabremetrics

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