Risk and Portfolio Management Associate - Asset Backed Securitization

Citi • New York, NY

3d • Onsite

About The Position

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 including automobile and equipment loans, leases, and floorplan, consumer and commercial credit cards, industrial transportation assets (aviation, rail and containers), student loans, personal loans, SME loans, solar loan and leases, home improvement loans, handset receivables, digital infrastructure and other esoteric asset classes. ABS&F offers our clients the ability to monetize stable, recurring asset cash flows through bankruptcy-remote vehicles. Transactions are executed both in the capital markets (where Citi places the financings with institutional investors) and lending facilities funded through Citi’s commercial paper conduits and balance sheet. ABS&F offers a unique perspective as an underwriter of capital markets transactions, as well as credit analyst for lending transactions. ABS&F also advises clients on balance sheet management, transaction execution and often provides secured financing and advice in conjunction with event driven transactions including M&As and restructurings. Our clients include leading captive and independent financial companies, banks, and corporates – both in the US and abroad. Our group regularly collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking, and investment banking professionals across the organization. Members of our securitization team are located in various cities around the world including New York, Hong Kong, London and Sydney. Citi is a market leader in both traditional and non-traditional ABS asset classes and is consistently a top ranked practitioner in the market. As an Assistant Vice President within our team, you will play a pivotal role in the execution and oversight of Asset-Backed Commercial Paper (ABCP) conduit funding facilities. This dynamic position offers exposure to critical business workstreams, including financial performance analysis, risk management, and strategic pipeline reporting, directly contributing to the stability and growth of our ABCP business.

Requirements

• Minimum of 5-8 years of progressive experience within the Financial Services industry, with a strong preference for backgrounds in Investment Banking, Corporate Banking, Capital Markets, or Structured Finance.
• Proven experience in Structured Finance lending, specifically with direct involvement in Asset-Backed Commercial Paper (ABCP) conduit lending and engagement with Rating Agencies.
• Demonstrated ability to document intricate lending provisions that comply with Rating Agency methodologies and requirements.
• Exceptional communication skills, both written and verbal, with the ability to articulate complex financial concepts clearly and concisely to diverse audiences.
• Advanced proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) for financial modeling, presentation development, and document creation.
• Strong analytical and quantitative abilities, with meticulous attention to detail.
• Proactive self-starter with excellent organizational skills and the ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

• Familiarity with relevant regulatory frameworks pertaining to ABCP or structured finance.
• Experience with financial modeling or data visualization tools.

Responsibilities

• Lead the end-to-end execution of Asset-Backed Commercial Paper (ABCP) conduit funding lending facilities, ensuring adherence to all internal policies and external regulatory requirements.
• Act as a primary liaison and foster strong relationships with key internal and external stakeholders, including ABS Bankers, Rating Agencies, and Conduit Management Teams, to facilitate seamless deal execution and ongoing facility management.
• Drive the oversight and delivery of critical business workstreams, such as comprehensive P&L calculations and reporting, as well as detailed limits and pipeline forecasting and reporting.
• Collaborate closely with senior management, global business partners, and cross-functional teams (e.g., Risk, Finance, Legal) to ensure accurate financial analysis, reporting, and strategic decision-making.
• Take significant ownership of various project phases, from initiation through execution and closure, demonstrating strong problem-solving skills to navigate complex issues and implement effective solutions.
• Prepare and present insightful reports and analyses to management, highlighting key performance indicators, risks, and opportunities within the ABCP conduit funding space.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

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