Managing Director Asset-Backed Securitization

Citizens; Stamford (CT); On-site; USD 300,000 - 400,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

Retirement benefits

Paid time off policy

Education reimbursement

Wellness programs

Flexible work arrangements

Job summary

Citizens is seeking a Managing Director to lead the Asset-Backed Securitization (ABS) group within the Capital Markets division in Stamford, CT. The MD will originate and manage Term ABS transactions, structure deals, and coordinate with the distribution desk to win mandates.

The role requires extensive experience in non-mortgage ABS, strong leadership, and the ability to mentor junior staff while interfacing with credit, portfolio management, and external parties such as lawyers and rating

Qualifications

• 10+ years of securitization lending and Term ABS experience at a commercial or investment bank.
• Advanced analytical, securitization structuring, underwriting, credit, ABS distribution, and presentation skills.
• Demonstrated success in originating and leading Term ABS transactions backed by traditional and esoteric assets.
• Experience reviewing, negotiating, and summarizing deal documentation.
• Detail-oriented with excellent verbal and written communication skills.
• Ability to coordinate multiple projects and satisfy deadlines.

Responsibilities

• Originate new client relationships and help enhance coverage of select existing relationships.
• Develop and deliver client pitch materials, provide structuring and execution advice for Term ABS and ABSL transactions, and collaborate with Citizens' Structured Products distribution desk with the objective of originating and winning lead managed business.
• Manage the execution of non-mortgage asset-backed securitization loan ('ABSL') transactions across a variety of consumer and commercial asset classes.
• Oversee the process related to execution of material ABSL transaction amendments and participate in ABSL due diligence, portfolio reviews and credit meetings.
• Build and maintain strong working relationships with credit and portfolio management partners as well as related sector focused investment banking colleagues.
• Establish relationships and work with external parties including clients, lawyers, and rating agencies.
• Mentor and develop associates

Skills

Securitization

Term ABS

Credit analysis

Underwriting

ABS distribution

Deal origination

Presentation skills

Project coordination

MS Office

Bloomberg

Education

Bachelor's Degree in Business, Finance, Accounting, or Economics

FINRA Licensing (Series 79 and/or 7 and 63) preferred

Tools

Excel

Word

PowerPoint

Bloomberg

Credit research tools

Job description

Description

Citizens is seeking an experienced Managing Director (MD) level candidate to join the Asset-Backed Securitization (ABS) group which is part of the Structured Products department in the Capital Markets division. The MD will work with the Stamford, CT- based ABS team members on non-mortgage securitization transactions, including originating securitization loan facilities and winning Term ABS mandates. The MD will report to the Head of ABS.

Responsibilities

• Originate new client relationships and help enhance coverage of select existing relationships
• Develop and deliver client pitch materials, provide structuring and execution advice for Term ABS and ABSL transactions, and collaborate with Citizens' Structured Products distribution desk with the objective of originating and winning lead managed business
• Manage the execution of non-mortgage asset-backed securitization loan ('ABSL') transactions across a variety of consumer and commercial asset classes.
• Oversee the process related to execution of material ABSL transaction amendments and participate in ABSL due diligence, portfolio reviews and credit meetings
• Build and maintain strong working relationships with credit and portfolio management partners as well as related sector focused investment banking colleagues.
• Establish relationships and work with external parties including clients, lawyers, and rating agencies
• Mentor and develop associates

Experience

• 10+ years of securitization lending and Term ABS experience at a commercial or investment bank
• Advanced analytical, securitization structuring, underwriting, credit, ABS distribution, and presentation skills
• Demonstrated success in originating and leading Term ABS transactions backed by traditional and esoteric assets
• Experience reviewing, negotiating, and summarizing deal documentation
• Detail-oriented with excellent verbal and written communication skills
• Ability to coordinate multiple projects and satisfy deadlines
• Strong PC Proficiency, Microsoft Office applications (Excel, Word and PowerPoint), Bloomberg and Credit Research Tools

Education / Licenses

• Bachelor's Degree in Business, Finance, Accounting, or Economics
• FINRA Licensing (Series 79 and/or 7 and 63) preferred

Hours and Work Schedule

Hours per Week: 40+
Work Schedule: Monday - Friday

Pay Transparency

The salary range for this position is $300,000 to $400,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Posting End Date: 11/28/2026