Asset-Backed Securitization & Financing (“ABS&F”) - Vice President

Citigroup Inc.; New York (NY); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Paid time off packages

Job summary

Citigroup Inc. is seeking a Vice President focused on asset-backed securitizations and lending facilities. The position involves developing rating agency materials, reviewing transaction analytics, and managing investor relations. Ideal candidates should have over 7 years of relevant experience, a bachelor's degree in finance, and strong quantitative skills. The salary range is between $175,000 and $250,000, along with competitive employee benefits including medical and retirement plans.

Qualifications

• Detail-oriented and organized, able to work as part of a team.
• Excellent communication skills required.
• Strong quantitative skills and familiarity with Microsoft Excel.

Responsibilities

• Develop rating agency materials and presentations.
• Review structuring models and prepare transaction analytics.
• Manage investor inquiries and aggregate feedback.
• Analyze market trends and relative value of ABS products.

Skills

Detail-oriented

Excellent written and verbal communication skills

Strong quantitative skills

Deep understanding of market dynamics

7+ years of relevant experience

Ability to work with teams and track business development

Series 79, 7 and 63 licenses

Education

Bachelor’s degree in finance or closely related areas

Master's degree in Business Administration preferred

Tools

Microsoft Excel

Job description

Asset-Backed Securitization & Financing (“ABS&F”) structures and executes Asset-Backed Securitizations (ABS) and lending facilities across a wide range of consumer and commercial asset classes. This role would be focused on industrial transportation assets (aviation, rail, shipping, and containers), digital infrastructure and other esoteric asset classes.

ABS&F offers our clients the ability to monetize stable, recurring asset cash flows through bankruptcy-remote vehicles. Transactions are executed both in the capital markets (where Citi places the financings with institutional investors) and lending facilities funded through Citi’s commercial paper conduits and balance sheet.

ABS&F offers a unique perspective as an underwriter of capital markets transactions, as well as credit analyst for lending transactions. ABS&F also advises clients on balance sheet management, transaction execution and often provides secured financing and advice in conjunction with event driven transactions including M&A and restructurings.

Our clients include leading captive and independent financial companies, banks, and corporates – both in the US and abroad. Our group regularly collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking and investment banking professionals across the organization. Members of our securitization team are located in various cities around the world including New York, Hong Kong, London and Sydney.

Citi is a market leader in both traditional and non-traditional ABS asset classes and is consistently a top ranked practitioner in the market.

Vice President Role:

Vice President Responsibilities and Opportunities:

• Develop rating agency materials and presentations to support the transaction’s ratings
• Review structuring models and prepare transaction analytics
• Work with transaction parties (issuer, lawyers and accountants) to develop offering documents
• Develop materials for the sales and syndication process
• Respond to investor inquiries and aggregate investor feedback
• Coordinate meetings and execute administrative requirements

In a lending capacity, will be responsible to:

• Review performance and risk of assets
• Assess pricing and benchmark to comparable transactions
• Analyze risk-weighted returns and regulatory capital
• Work with colleagues to develop credit materials and facilitate the approval process
• Facilitate transaction execution with our operations team
• Monitor transactions on an ongoing basis
• Work to prepare ABS market update materials and pitch books for current and prospective clients
• Participate in client discussions
• Collaborate with senior ABS bankers and other internal parties on regular way and strategic transactions
• Analyze market trends and relative value of ABS products
• Develop advanced Excel, PowerPoint and ABS modelling skills

Key Skills & Experience:

• Detail-oriented, organized and able to work as part of a team
• Excellent written and verbal communication skills
• Strong quantitative skills; familiarity with Microsoft Excel required
• Deep understanding of market dynamics, including the drivers of spread movements and investor sentiment, as well as invaluable technical skills
• 7+ years of relevant experience
• Bachelor’s degree in finance or closely related areas of Business Administration Master's degree in Business Administration preferred
• Experience in evaluating financing transactions and structures
• Experience creating financial analyses
• Ability to work with teams and track business development (collect research, analyze industry trends)
• Series 79, 7 and 63 licenses (can be obtained upon hire)

Education:

• Bachelor’s degree/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Primary Salary Range: $175,000.00 - $250,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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.