CMBS and Real Estate Finance - Spread Products Banking Analyst

Citi; New York (NY); On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Medical, dental & vision

401(k)

Paid time off

Job summary

Citi in New York is seeking a Spread Products Banking Analyst to join the CMBS Securitization team within the CMBS and Real Estate Finance group. You will assist in securitizing Citi’s commercial mortgage loans and support on behalf of other CMBS issuers on various structures.

The role provides on-the-job training and exposure to primary issuance of conduit, SASB, Agency CMBS, and CRE CLOs, with duties spanning document prep, data aggregation, and investor inquiries.

Qualifications

• Bachelor's degree in Finance, Real Estate, or closely related areas preferred.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Ability to work under pressure in a rapidly changing environment to meet deadlines.
• Series 79, 7 and 63 licenses (to be obtained upon hire).
• 0-2 years of relevant experience.

Responsibilities

• Assist with all real estate capital markets activities, securitizing Citigroup’s commercial mortgage loans.
• Help prepare structural and collateral term sheets, prospectus supplements, and CMBS documents.
• Coordinate securitization documentation with accountants and legal counsel.
• Provide analytical support and ensure data accuracy for securitization of loans.
• Prepare data tapes and mortgage loan schedules used by CMBS investors and NRSROs.
• Respond to CMBS investor and NRSRO queries.
• Manage and maintain data rooms with due diligence files for investors and teams.
• Aggregate and report information on CMBS market trends and NRSRO data.

Skills

Written communication

Verbal communication

Under pressure

Deadline driven

Education

Bachelor's degree in Finance/Real Estate

Job description

The Spread Products Banking Analyst would be joining the Commercial Mortgage Backed Securities（“CMBS”）Securitization team within the CMBS and Real Estate Finance group at Citi. The candidate will be involved in all aspects of real estate capital markets transactions, including but not limited to the primary issuance of both private label conduit and single-asset, single-borrower（“SASB”）transactions, Agency CMBS, and CRE CLOs. Through on-the-job training, their role will evolve as they learn the various products and are ready to take on additional responsibility.

Responsibilities

• Assist with all real estate capital markets activities, primarily the securitization of Citigroup’s commercial mortgage loans, and on transactions where Citi serves as a placement agent on behalf of other CMBS issuers
• Help prepare structural and collateral term sheets, prospectus supplements, and other CMBS offering documents
• Coordinate the tracking of securitization documentation while working with accountants and legal counsel to ensure compliance with company lending practices, the accuracy and completeness of information, and the finalization of CMBS offering materials
• Provide analytical support to the securitization team and be accountable for the aggregation, accuracy, and reporting of data used for the securitization of commercial mortgage loans
• Prepare data tapes and various mortgage loan schedules used by CMBS investors and nationally recognized statistical rating organizations（“NRSROs”）
• Respond to CMBS investor and NRSRO queries
• Manage and maintain transaction data rooms containing due diligence files used by CMBS investors, NRSROs, accountants, legal counsel, and investment banking teams
• Responsible for the aggregation and reporting of information relating to the CMBS market, commercial real estate trends, and published NRSRO data

Qualifications

• 0-2 years of relevant experience
• Bachelor's degree in Finance, Real Estate, or closely related areas preferred
• Consistently demonstrates clear and concise written and verbal communication skills
• Ability to work under pressure in a rapidly changing environment in order to meet deadlines
• Series 79, 7 and 63 licenses (to be obtained upon hire)

Education

• Bachelor's degree/University degree or equivalent experience

Job Family Group

Institutional Banking

Job Family

Investment Banking

Time Type

Full time

Primary Location

New York New York United States

Primary Location Full Time Salary Range

$110,000.00 - $125,000.00

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.

Most Relevant Skills

Please see the requirements listed above.

Anticipated Posting Close Date

Nov 06, 2026

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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