Asset-Backed Securitization & Financing - VP/ Director

Citigroup Inc.; New York (NY); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k) retirement plan

Paid time off

Job summary

Citigroup Inc. is seeking a highly motivated professional for a senior coverage role in Asset-Backed Securitization & Financing in New York. The candidate will manage a portfolio of institutional clients and lead the execution of complex financing transactions. This role requires a deep understanding of asset-backed securitization, superb client relationships, and a proven track record from inception to closing. Competitive benefits include medical coverage, retirement plans, and paid time off.

Qualifications

• 6-10+ years of relevant experience in structured finance, with a primary focus on ABS.
• Experience in both capital markets execution and structured lending is essential.
• Demonstrated ability to communicate clearly and concisely in writing and speech.

Responsibilities

• Manage and deepen relationships with a dedicated portfolio of clients.
• Proactively identify and originate new business opportunities.
• Lead the end-to-end execution of financing transactions.

Skills

Structured finance expertise

Client relationship management

Asset-backed securitization

Credit analysis

Cash flow modeling

Negotiation skills

Education

Bachelor’s degree in Finance

Job description

Team 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 including automobile and equipment loans, leases, floorplan, consumer and commercial credit cards, industrial transportation assets (aviation, rail and containers), student loans, personal loans, SME loans, solar loan and leases, home improvement loans, handset receivables, 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&As 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.

Job Summary

We are seeking a highly motivated and experienced professional to join our team in a senior coverage role for the ABS&F Flow business. The successful candidate will be responsible for managing and growing a portfolio of key clients across a broad range of Citi’s institutional clients and asset classes, including but not limited to automobile and equipment loans, leases floorplan, credit cards, consumer loans, home improvement loans, handset receivables and stranded assets. The candidate would lead the origination and execution of complex financing transactions across both capital markets and lending products. This role requires a deep understanding of asset-backed securitization, strong client relationships, and a proven track record of executing deals from inception to closing.

Responsibilities

• Manage and deepen relationships with a dedicated portfolio of clients, including the most active participants in the ABS market - acting as their primary point of contact for all asset-backed financing needs.
• Proactively identify and originate new business opportunities by marketing a broad range of financing solutions, including public and private securitizations, warehouse facilities, and other structured credit products.
• Develop a deep understanding of clients' strategic objectives, financing requirements, and underlying asset portfolios to provide tailored and value-added solutions.
• Lead the end-to-end execution of financing transactions, from initial pitch and mandate through to structuring, documentation, and closing.
• Oversee the preparation of detailed financial models, credit analysis, and due diligence on underlying asset pools.
• Structure transactions to meet client objectives while optimizing for credit, legal, regulatory, and rating agency considerations.
• Lead the negotiation of term sheets, credit agreements, and other legal documentation in partnership with internal and external counsel.
• Seamlessly integrate capital markets and balance sheet lending solutions to provide clients with a holistic financing offering.
• Collaborate closely with internal partners, including sales, trading, syndicate, and credit risk management, to ensure successful transaction execution and distribution.
• Stay current with market trends, competitive landscape, and regulatory changes to inform strategy and identify new product opportunities.
• Contribute to the strategic direction and growth of the Asset-Backed Securitization and Financing business.
• Mentor, train, and guide junior members of the team, fostering a collaborative and high-performance culture.
• Represent the firm at industry conferences and client events to enhance our market presence and brand.

Qualifications

• 6-10+ years of relevant experience in structured finance, with a primary focus on ABS.
• Proven track record of originating and leading the execution of ABS transactions across various asset classes.
• Experience in both capital markets execution and structured lending is essential.
• Deep and technical understanding of securitization structuring, credit analysis, and cash flow modeling.
• Established network of relationships with ABS clients in the captive / specialty finance, corporate, and financial institutions sectors.
• Experience in people management.
• Consistently demonstrates clear and concise written and verbal communication.
• Demonstrated ability to remain unbiased in a diverse working environment.
• Series 79, 7 and 63 licenses.

Education

• Bachelor’s degree in Finance, or closely related areas of Business Administration preferred.

Benefits

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.

Equal Opportunity

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.