VP Asset Backed Securitization Portfolio Management

Citizens Bank; Stamford (CT); On-site; USD 175,000 - 200,000; Full time

Benefits offered by this job

Medical, Dental and Vision coverage

Retirement benefits

Education reimbursement

Wellness programs

Job summary

Citizens Bank is seeking a highly motivated VP to join the Portfolio Management team within the ABSL group of the Structured Products department in Capital Markets. The role supports sourcing, underwriting, and managing loan commitments backed by portfolios of consumer and commercial non-mortgage assets.

You will lead on transaction management, deal execution, and ongoing compliance and performance tracking.

Qualifications

• 5+ years of experience with structured products or banking environment.
• Ability to synthesize large data sets into actionable insights.
• Strong verbal and written communication; collaborative mindset.
• High attention to detail and strong organizational/time management skills; Ability to coordinate multiple projects and meet deadlines.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint); familiarity with Salesforce, Precision Lender, and CRM/Dashboard is a plus.
• Bachelor's Degree in Business, Finance, Accounting, or Economics.

Responsibilities

• Manage and track a portfolio of 15-25 existing ABSL transactions.
• Participate in client diligence sessions and ad-hoc client meetings.
• Establish relationships and work with external parties including clients and lawyers.
• Timely communication of transaction activity and performance to key internal partners.
• Track, review and analyze monthly servicer reports; assist in monthly performance summaries.
• Prepare concise credit approval memos for ABSL transactions and defend credit arguments.
• Review and summarize legal documents for ABSL transactions.
• Maintain strong relationships with credit and origination partners and investment banking colleagues.
• Assist in semi-annual business reviews highlighting trends, outlooks and risks across industries and transactions.
• Monitor facility utilization, draws and paydowns.
• Ensure ABSLs are captured properly in Citizens' systems and downstream reporting.
• Act as a liaison between the business and operations teams.
• Research and organize client and industry information.
• Support internal and external audits.

Skills

Structured products experience

Analytical skills

Excellent communication

Attention to detail

Project coordination

Microsoft Office proficiency

Salesforce familiarity

Precision Lender familiarity

Education

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

Tools

Salesforce

Precision Lender

CRM/Dashboard

Job description

Description

Citizens Bank is seeking a highly motivated VP to join the Portfolio Management team within the ABS group which is part of the Structured Products department in the Capital Markets division. This role supports Asset Backed Securitization Lending (ABSL), which is responsible for sourcing, underwriting, and managing loan commitments backed by portfolios of consumer and commercial non-mortgage assets. The VP will play a key role in managing existing transactions, supporting deal execution, and ensuring ongoing compliance and performance tracking.

Primary responsibilities include

• Responsible for management and tracking for a portfolio of 15-25 existing ABSL transactions
• Participating in client diligence sessions and ad-hoc client meetings, as appropriate
• Establishing relationships and working with external parties including clients and lawyers
• Timely communication of transaction activity and performance to key internal partners
• Tracking, reviewing and analyzing monthly servicer reports; following up on any late reports, errors, or other administrative issues; assisting in creation and preparation of monthly performance summaries for each transaction
• Preparing concise credit approval memos for ABSL transactions in connection with annual reviews, renewals, amendments and waivers, including presenting and defending credit arguments
• Reviewing and summarizing legal documents for ABSL transactions
• Building and maintaining strong working relationships with credit and origination partners as well as related sector focused investment banking colleagues
• Assisting in the preparation and presentation of the semi-annual business review, highlighting key trends, outlooks and risks across various industries and transactions
• Monitoring facility utilization, draws and paydowns
• Ensuring ABSLs are captured properly in Citizens' systems and downstream reporting
• Acting as a liaison between the business team and operations team, as needed
• Researching and organizing client and industry information
• Support internal and external audits (gathering loan-level information, answering follow-up questions, etc.)

Qualifications, Education, Certifications and/or Other Professional Credentials

• 5+ years withexposure to structured products and/or banking environment; non-mortgage asset-back securitization experience is preferred.
• Strong analytical skills with the ability to synthesize large data sets into actionable insights
• Excellent verbal and written communication skills; collaborative mindset
• High attention to detail and strong organizational/time management skills; Ability to coordinate multiple projects and satisfy deadlines
• Proficiency in Microsoft Office (Excel, Word, PowerPoint); familiarity with SalesForce, Precision Lender, and CRM/Dashboard is a plus
• Bachelor's Degree in Business, Finance, Accounting, or Economics

Hours & Work Schedule

• Hours per Week: 40 +
• Work Schedule: Monday to Friday

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Pay Transparency

The salary range for this position is $175,000 to $200,000 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.