ABS Financing & Securitisation, VP

Citigroup Inc.; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Citigroup Inc. in London is seeking a securitisation/structured finance professional to originate and execute public and private securitisations across multiple asset classes. You will work with internal teams to ensure governance and facilitate deal execution from sourcing to closing.

The role involves building complex models, preparing client presentations, and negotiating with rating agencies while collaborating with lawyers to document transactions and drive new client origination.

Qualifications

• Bachelor's degree or higher required.
• Not an entry level role; structured finance experience needed.
• Knowledge of rating agency processes desired.
• Strong interpersonal skills and ability to build relationships.
• Analytical skills; VBA and/or Python a plus.

Responsibilities

• Originate and execute securitisation and advisory roles across multiple asset classes.
• Work with and manage large databases.
• Model expected loss and asset values.
• Prepare presentations and coordinate with Legal, Compliance and Risk for governance.
• Negotiate tranching levels with rating agencies and work with lawyers in documenting transactions.
• Collaborate with Citi partners to develop new clients and new asset classes.
• Assist in development of securitisation in new asset classes and jurisdictions.

Skills

Interpersonal skills

Analytical skills

VBA

Python

Education

Bachelor's degree

Tools

VBA

Python

Job description

Job purpose

Work across EMEA with financial institutions, fintechs, PE firms, hedge funds, governments. and corporates to originate, execute and close public and private securitisations of financial assets and provide asset advisory services.

Job background/context:

Within the International Residential Finance ABS Financing & Securitisation Team in Spread Products.

Key Responsibilities:

• Originate and execute securitisation and advisory roles across multiple asset classes (e.g. SME Loans, Consumer Loans, Auto Loans and Leases, Credit Cards, Residential Mortgages)
• Working with and organising large databases
• Modelling expected loss and asset values
• Putting together presentations
• Work in close partnership with internal control functions such as Legal, Compliance, and Risk to ensure appropriate governance and controls
• Negotiating tranching levels with rating agencies
• Working with lawyers in documenting a transaction
• Working with partners across Citi to develop new clients
• Assist in development of securitisation in new asset classes and new jurisdictions

Development Value:

• Ability to develop credit knowledge and execute transactions around multiple asset classes, including Auto Loans, Consumer Unsecured Loans, SME Loans, Residential Mortgages
• Ability to develop broad based internal relationships due to multi-disciplinary approach
• Opportunity to develop specific client origination relationship responsibilities

Required Skills and Experience:

• Bachelors University degree or higher
• This is not an entry level role, structured finance experience is needed
• Knowledge of Rating Agency processes
• Strong interpersonal skills and ability to build relationships both internally and externally
• Strong analytical skills, knowledge of VBA and/or python is a plus
• Ability to work with and manage different stakeholdersWhile speaking an additional European language is not mandatory, it is helpful

Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain Citi entities must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

Honesty, integrity and reputation

Financial soundness

Competence and capability

In order to comply with the requirements of the Certification Regime, certain Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.

By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.

Citi is an Equal Opportunities Employer

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.

Job Family Group:

Institutional Banking

Job Family:

Investment Banking

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above.