Associate

About the Role

Asset-Backed Securitization & Financing (“ABS&F”) structures and executes Asset-Backed Securitizations (ABS) and lending facilities across a wide range of consumer and commercial asset classes. ABS&F offers clients the ability to monetize stable, recurring asset cash flows through bankruptcy-remote vehicles. Transactions are executed in the capital markets and lending facilities funded through Citi’s commercial paper conduits and balance sheet. The role will be focused within the fintech, subprime auto, and private credit-focused vertical.

Key Responsibilities

• Expand knowledge about fixed income markets, corporate capital structures, and securitization markets.
• Work in deal teams to structure and originate transactions for clients.
• Develop rating agency materials and presentations to support transaction ratings.
• Review structuring models and prepare transaction analytics.
• Work with transaction parties (issuer, lawyers, and accountants) to develop offering documents.
• Develop materials for the sales and syndication process.
• Respond to investor inquiries and aggregate investor feedback.

In a lending capacity:

• Review performance and risk of assets.
• Conduct diligence on new platforms.
• Assess pricing and benchmark to comparable transactions.
• Assist officers and lawyers with transaction documents.
• Work with colleagues to develop credit materials and facilitate the approval process.
• Facilitate transaction execution with the operations team.
• Monitor transactions on an ongoing basis.

Associates are encouraged to take a leadership role on projects:

• Lead or participate in client discussions.
• Analyze market trends and relative value of ABS products.
• Develop advanced Excel, PowerPoint, and ABS modelling skills.

Requirements & Tech Stack

• Excel
• PowerPoint
• ABS modelling skills
• Experience working with large data sets
• Series 79, 7 and 63 licenses (preferred, or ability to obtain)

Qualifications

• At least 2 years of experience working with ABS transactions.
• Ability to lead lending and ABS structuring transactions.
• Capacity to coordinate and develop junior professionals.
• Detail-oriented, organized and able to work as part of a team.
• Excellent written and verbal communication skills.
• Strong quantitative skills.
• Experience with accounting and financial statement analysis.
• Experience creating financial analyses.
• Ability to manage multiple transactions simultaneously.
• Bachelor’s degree in finance or closely related areas of Business Administration preferred, or equivalent experience.