Managing Director Asset-Backed Securitization

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

Benefits offered by this job

Medical, dental and vision benefits

Retirement benefits

Maternity/Paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Financial seeks an experienced Managing Director to join its Stamford, CT-based ABS team within Structured Products in Capital Markets. The MD will originate securitization loan facilities and lead Term ABS mandates, reporting to the Head of ABS.

The role requires 10+ years in securitization lending with strong structuring, underwriting, and distribution capabilities, plus the ability to mentor associates and interact with rating agencies and legal partners.

Qualifications

• 10+ years of securitization lending and Term ABS experience.
• 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.

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 to originate and win lead managed business.
• Manage the execution of non-mortgage ABSL transactions across a variety of consumer and commercial asset classes.
• Oversee the process related to execution of ABSL amendments and participate in ABSL due diligence, portfolio reviews and credit meetings.
• Build and maintain strong relationships with credit and portfolio management partners and related colleagues.
• Establish relationships with external parties including clients, lawyers, and rating agencies.
• Mentor and develop associates and analysts.

Skills

Term ABS experience

Securitization structuring

Origination & deal execution

Financial analysis

Presentation skills

Education

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

FINRA Licensing (Series 79/7/63) preferred

Tools

Bloomberg

Excel

PowerPoint

Credit Research Tools

Job 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 and analysts

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 .