CMBS and Real Estate Finance - Spread Products Banking Analyst

Citi • New York, NY

14d • $110,000 - $125,000

About The Position

The Spread Products Banking Analyst joins Citi’s Commercial Mortgage Backed Securities (CMBS) Securitization team within the CMBS and Real Estate Finance group. The role supports real estate capital markets transactions, including primary issuance of private-label conduit and single-asset, single-borrower (SASB) transactions, Agency CMBS, and CRE CLOs. Through on-the-job training, the analyst learns the products and takes on additional responsibility over time.

Requirements

• 0–2 years of relevant experience.
• Bachelor’s degree in Finance, Real Estate, or a closely related area preferred; a bachelor’s degree, university degree, or equivalent experience is listed under Education.
• Clear and concise written and verbal communication skills.
• Ability to work under pressure in a rapidly changing environment and meet deadlines.
• Series 79, 7, and 63 licenses to be obtained upon hire.

Nice To Haves

• Bachelor’s degree in Finance, Real Estate, or a closely related area.

Responsibilities

• Assist with real estate capital markets activities, primarily securitizing Citigroup commercial mortgage loans and supporting transactions where Citi acts as placement agent for other CMBS issuers.
• Help prepare structural and collateral term sheets, prospectus supplements, and other CMBS offering documents.
• Coordinate tracking of securitization documentation with accountants and legal counsel to support compliance with company lending practices, ensure information is accurate and complete, and finalize CMBS offering materials.
• Provide analytical support to the securitization team and aggregate, verify, and report data used for securitizing commercial mortgage loans.
• Prepare data tapes and mortgage loan schedules for CMBS investors and nationally recognized statistical rating organizations (NRSROs).
• Respond to inquiries from CMBS investors and NRSROs.
• Manage and maintain transaction data rooms containing due diligence files for investors, NRSROs, accountants, legal counsel, and investment banking teams.
• Aggregate and report information about the CMBS market, commercial real estate trends, and published NRSRO data.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including planned vacation, unplanned sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

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