Securitization & Structured Finance Certification Training

Securitization is the process conversion of receivables and cash flow generated from a collection or pool of financial assets like mortgage loans, auto loans, credit card receivables etc into the marketable securities. These securities are backed by respective assets. This masterclass describes securitization and the analysis of transactions, based on three pillars: the underlying pool of assets, the transaction structure, and the legal aspects. It looks at the major product groups including credit derivatives. We will also cover how securitization issues can be analyzed by looking at cash flows including prepayments, price yield behavior and valuation issues relating to MBS and ABS instruments. It covers the principles found throughout the securitization market, as well as specific characteristics of the main asset classes, including residential mortgages, consumer loans, and corporate debt. The course also gives an overview of the publicly available credit rating methodologies. Enroll now and enhance your competence and knowledge.

Module 1 - Foundations of Securitization

• Purpose, uses and benefits of securitization
• Key market participants and transaction flow
• Types of securitization: ABS, RMBS, CMBS, CLOs and NPL securitizations



Module 2 - Securitization Process & SPV Architecture

• End-to-end steps in the securitization process
• SPV structures including trusts, conduits and orphan SPVs
• Asset selection criteria and portfolio construction
• Legal true-sale requirements and considerations



Module 3 - Asset Due Diligence & Data Quality

• Loan-level analytics and data review
• Operational due diligence on originators and servicers
• Data integrity, transparency and regulatory compliance issues



Module 4 - Credit Enhancement & Structural Features

• Internal and external credit enhancement mechanisms
• Credit enhancement sizing and rating-agency methodologies
• Excess spread, subordination, overcollateralisation and guarantees
• Tranching structures and payment waterfalls



Module 5 - Cash-Flow, Loss Allocation & Modelling

• Priority of payments and cash-flow allocation
• Trigger mechanisms and performance tests
• Prepayment, default, recovery and stress scenarios
• Overview of waterfall modelling approaches



Module 6 - Investor Perspective & Risk Analysis

• Key risk types: credit, liquidity, structural, counterparty and legal
• Ongoing performance surveillance and investor reporting
• ESG risks and disclosure requirements in securitization (2025 standards)



Module 7 - Regulatory & Legal Considerations

• Basel capital treatment for securitization exposures
• Simple, Transparent and Standardised (STS) frameworks
• Jurisdiction-specific regulatory requirements
• Legal issues commonly arising in securitization transactions

• Basic understanding of banking, finance or capital markets
• General familiarity with fixed income products or credit risk concepts
• Exposure to structured finance, risk or treasury topics (helpful but not required)
• No prior hands-on securitization structuring or modelling experience required

• Structured finance and securitization professionals
• Risk management, credit and capital management teams
• Investment, treasury and funding professionals
• Legal, compliance and regulatory specialists
• Investors, analysts and rating agency-facing teams
• Anyone seeking a practical understanding of securitization structures and risks

• 20 multiple-choice questions covering all course modules
• Passing requirement: at least 15 correct answers
• Two attempts allowed to achieve a passing score
• Certificate issued upon successful completion of the exam

He is a seasoned finance and structured products specialist with deep expertise in securitization, asset‑backed and mortgage‑backed securities and the architecture of structured finance transactions. He brings practical insights into analyzing underlying asset pools, SPV structures, cash‑flow modelling, credit enhancement techniques and regulatory considerations that drive effective securitization and structured finance strategies. With real‑world examples and market context, he helps participants deepen their understanding of both the theory and application of structured finance across asset classes. Passionate about enhancing technical competence, he equips learners with the tools and confidence to evaluate, structure and analyze complex securitization deals effectively.

The benefits of structured finance training and securitization are many.

For one, it helps to spread the risk associated with specific assets. Additionally, it also allows for a more efficient allocation of capital.

By pooling together assets and selling them off as securities, investors can get exposure to a broader range of investments than possible otherwise. This, in turn, leads to higher returns for investors.

Finally, structured finance training and securitization also help create a more liquid market for certain assets. This is because securities can be traded on secondary markets, which allows for a greater degree of price discovery.