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Managing Director Asset-Backed Securitization
$300k to $400k
Job description
Citizens is seeking an experienced Managing Director (MD) level candidate to join the Asset-Backed Securitization (ABS) group which is part of the Structured Products department in the Capital Markets division. The MD will work with the Stamford, CT- based ABS team members on non-mortgage securitization transactions, including originating securitization loan facilities and winning Term ABS mandates.
The MD will report to the Head of ABS .
Responsibilities include
Originate new client relationships and help 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 with the objective of originating and winning lead managed business Manage the execution of non-mortgage asset-backed securitization loan (“ABSL”) transactions across a variety of consumer and commercial asset classes.
Oversee the process related to 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 as well as related sector focused investment banking colleagues. Establish relationships and work with external parties including clients, lawyers, and rating agencies Mentor and develop associates and analysts Experience 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 in 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 satisfy deadlines Strong PC Proficiency, Microsoft Office applications (Excel, Word and PowerPoint), Bloomberg and Credit Research Tools Education/ Licenses Bachelor’s Degree in Business, Finance, Accounting, or Economics FINRA Licensing (Series 79 and/or 7 and 63) preferred Hours and Work Schedule Hours per Week: 40+ Work Schedule: Monday
- Friday Pay Transparency The salary range for this position is $300,000 to $400,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .
Description copied from Citizens Financial Group's careers page. Read the full posting before you apply.
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