Asset-Backed Securitization & Financing (“ABS&F”) - Associate
Citi, New York, New York, us, 10261
Citi Asset-Backed Securitization & Financing (ABS&F) Overview
Asset-Backed Securitization & Financing (“ABS&F”) structures and executes ABS and lending facilities across a wide range of consumer and commercial asset classes. This role focuses on industrial transportation assets (aviation, rail, shipping, containers), digital infrastructure and other esoteric 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 through lending facilities funded via Citi’s commercial paper conduits and balance sheet.
ABS&F is an underwriter of capital markets transactions and a credit analyst for lending transactions. It advises clients on balance sheet management, transaction execution and provides secured financing and advice in conjunction with event-driven transactions including M&A and restructurings. The team collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking and investment banking professionals. Team members are located in several cities worldwide.
Associate Role Our group works in small transaction teams (2–4 members) and seeks high participation and collaboration from all members.
Associate Responsibilities and Opportunities
Learn 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 the transaction’s 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
Coordinate meetings and execute administrative requirements
In a lending capacity:
Review performance and risk of assets
Assess pricing and benchmark to comparable transactions
Analyze risk-weighted returns and regulatory capital
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
Prepare ABS market update materials and pitch books for current and prospective clients
Participate in client discussions
Collaborate with senior ABS bankers and other internal parties on regular way and strategic transactions
Analyze market trends and relative value of ABS products
Develop advanced Excel, PowerPoint and ABS modelling skills
Key Skills & Experience
Detail-oriented, organized and able to work as part of a team
Excellent written and verbal communication skills
Strong quantitative skills; familiarity with Microsoft Excel required
Deep understanding of market dynamics, drivers of spread movements and investor sentiment
3–4 years of experience for Associate level
Bachelor’s degree in finance or closely related areas of Business Administration; Master’s degree in Business Administration preferred
Experience evaluating financing transactions and structures
Experience creating financial analyses
Ability to work with teams and track business development (collect research, analyze industry trends)
Series 79, 7 and 63 licenses (can be obtained upon hire)
Education
Bachelor’s degree/University degree or equivalent experience
Job Family Group Institutional Banking
Job Family Investment Banking
Time Type Full time
Primary Location New York, New York, United States
Salary Range $130,000.00 - $170,000.00
Benefits Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. It also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
Equal Opportunity Employment Citi is an equal‑opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, please visit Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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ABS&F is an underwriter of capital markets transactions and a credit analyst for lending transactions. It advises clients on balance sheet management, transaction execution and provides secured financing and advice in conjunction with event-driven transactions including M&A and restructurings. The team collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking and investment banking professionals. Team members are located in several cities worldwide.
Associate Role Our group works in small transaction teams (2–4 members) and seeks high participation and collaboration from all members.
Associate Responsibilities and Opportunities
Learn 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 the transaction’s 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
Coordinate meetings and execute administrative requirements
In a lending capacity:
Review performance and risk of assets
Assess pricing and benchmark to comparable transactions
Analyze risk-weighted returns and regulatory capital
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
Prepare ABS market update materials and pitch books for current and prospective clients
Participate in client discussions
Collaborate with senior ABS bankers and other internal parties on regular way and strategic transactions
Analyze market trends and relative value of ABS products
Develop advanced Excel, PowerPoint and ABS modelling skills
Key Skills & Experience
Detail-oriented, organized and able to work as part of a team
Excellent written and verbal communication skills
Strong quantitative skills; familiarity with Microsoft Excel required
Deep understanding of market dynamics, drivers of spread movements and investor sentiment
3–4 years of experience for Associate level
Bachelor’s degree in finance or closely related areas of Business Administration; Master’s degree in Business Administration preferred
Experience evaluating financing transactions and structures
Experience creating financial analyses
Ability to work with teams and track business development (collect research, analyze industry trends)
Series 79, 7 and 63 licenses (can be obtained upon hire)
Education
Bachelor’s degree/University degree or equivalent experience
Job Family Group Institutional Banking
Job Family Investment Banking
Time Type Full time
Primary Location New York, New York, United States
Salary Range $130,000.00 - $170,000.00
Benefits Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. It also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
Equal Opportunity Employment Citi is an equal‑opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, please visit Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
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