Residential Financing & Securitization Group – AVP New York

Citi; New York (NY); On-site; USD 130,000 - 170,000; Full time

Job summary

An established industry player is seeking an Assistant Vice President for their Residential Financing & Securitization Group in New York. This exciting role involves engaging in various aspects of the U.S. residential mortgage sector, focusing on the non-agency market. You will assist in banking and syndication of mortgage-backed securitizations, manage client transactions, and provide advisory services to institutional clients. The position offers a competitive salary and a comprehensive benefits package, making it a fantastic opportunity for those looking to advance their career in a dynamic and collaborative environment.

Benefits

Health coverage

401(k)

Insurance

Wellness programs

Paid time off

Qualifications

• 3-4 years of relevant experience in mortgage finance.
• Strong problem-solving and organizational skills are essential.

Responsibilities

• Assist in banking and syndication of mortgage-backed securitizations.
• Manage transactions from client engagement through syndication and settlement.

Skills

Problem-solving

Organizational skills

Excellent communication

Client development

Research and analysis

Multitasking

Collaboration

Education

Bachelor's degree or equivalent experience

Tools

Series 7 license

Series 63 license

Series 79 license

Job description

Join to apply for the Residential Financing & Securitization Group – AVP New York role at Citi

Citigroup’s Residential Financing & Securitization group, currently employing 15 mortgage finance professionals, is seeking to add an Assistant Vice President to its securitization and advisory team.

The group engages in various aspects of the U.S. residential mortgage sector, focusing on the non-agency market, including credit risk transfer deals, seasoned, re-performing, and non-performing collateral, as well as new origination prime and near prime collateral, HELOCs, closed-end second mortgages, small balance commercial (SBC), residential transition loans (RTL), and single-family rental (SFR) markets. It provides credit facilities for residential mortgage-backed assets, issues, underwrites, and syndicates securitizations (as principal and agent), and offers whole loan advisory and brokerage services to large institutional clients, including GSEs. The team collaborates closely with mortgage trading & sales, legal, the investment bank, and external deal parties.

Responsibilities include:

• Assist in the banking and syndication of mortgage-backed securitizations, either as an issuer or underwriter.
• Advise third-party clients on the offering and sale of their whole loan portfolios.
• Manage transactions from client engagement through syndication and settlement, including:
• Working with issuers and trading desks to identify securitization pools and evaluate deal options.
• Managing rating agency processes to optimize structures.
• Liaising with servicers, trustees, due diligence providers, and counsel.
• Reviewing disclosure documents.
• Preparing marketing materials and syndication messages.
• Coordinating deal syndication with Citi’s teams and investors.
• Ensuring settlement and compliance.

Qualifications:

• 3-4 years of relevant experience.
• Experience evaluating corporate transactions and structures.
• Strong problem-solving and organizational skills.
• Excellent written and verbal communication skills.
• Experience in client development.
• Ability to research and analyze industry trends.
• Multitasking, collaboration, and service orientation.
• Series 7, 63, and 79 licenses.

Education:

Bachelor’s degree or equivalent experience.

Additional Information:

Full-time role based in New York, NY. Salary range: $130,000 - $170,000. Citi offers comprehensive benefits, including health coverage, 401(k), insurance, wellness programs, and paid time off. The application deadline is April 23, 2025. Citi is an equal opportunity employer.