Managing Director Asset-Backed Securitization

Citizens Financial Group • Stamford, CT

6d

About The Position

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

Requirements

• 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 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 meet deadlines.
• Strong PC proficiency, including Microsoft Office applications (Excel, Word, and PowerPoint), Bloomberg, and credit research tools.
• Bachelor’s degree in Business, Finance, Accounting, or Economics.

Nice To Haves

• FINRA licensing (Series 79 and/or 7 and 63) preferred.

Responsibilities

• Originate new client relationships and 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 execution of non-mortgage asset-backed securitization loan (ABSL) transactions across a variety of consumer and commercial asset classes.
• Oversee 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 and sector-focused investment banking colleagues.
• Establish relationships and work with external parties, including clients, lawyers, and rating agencies.
• Mentor and develop associates and analysts.

Benefits

• Competitive pay
• Comprehensive medical coverage
• Dental coverage
• Vision coverage
• Retirement benefits
• Maternity and paternity leave
• Flexible work arrangements
• Education reimbursement
• Wellness programs
• Paid time off policy exceeding applicable mandatory paid sick or paid time-away policies

What This Job Offers

• Job Type: Full-time
• Career Level: Executive