Associate, Asset-Backed Securitization

Description

Citizens Bank is seeking an Associate candidate to join the Asset-Backed Securitization (ABS) business line within the Asset Backed Finance (ABF) group. The ABF group is part of Citizens’ Capital Markets division. The Associate will work with ABS team members in support of non-mortgage securitization origination, with a focus on execution of asset-backed securitization loan facilities. The Associate will report to the Head of ABS and the role could be based in Stamford, CT; New York, NY; or Charlotte, NC.

Responsibilities include:

• Work with the ABS group’s senior professionals to assist in originating and leading the execution of non-mortgage asset-backed securitization loan (“ABSL”) transactions across a variety of consumer and commercial asset classes. Digital infrastructure asset class experience a plus.

• Prepare and present concise credit underwriting memos for ABSL transactions, including organizing client and asset class diligence, coordinate legal doc review with counsel, organize cash flow modelling and rating analysis, and organize communication with internal approval constituents.

• Review and comment on legal documents for ABSL transactions backed by various traditional and new asset classes

• Perform research and analysis on Term ABS transactions and assist with execution of underwriting roles on Term ABS deals. Digital infrastructure asset class experience a plus.

• Contribute to the development of pitch materials and structuring / execution advice to clients for Term ABS and ABSL transactions

• Manage process required for execution of material ABSL transaction amendments and participate in ABSL portfolio reviews and credit meetings.

• Present internal business and credit partners a summary of client’s business, the transaction structure, key risks and cash flow stress scenarios

• Build and maintain strong working relationships with credit and portfolio management partners as well as related sector focused investment banking colleagues.

• Establish relationship and work with external parties including clients, lawyers, and rating agencies

Experience

• 3-5 years of asset-backed securitization lending and Term ABS experience at a commercial or investment bank

• Advanced analytical, securitization loan structuring, underwriting, credit, and presentation skills

• Experience reviewing and summarizing deal documentation

• Experience coordinating communication with lawyers, clients and other external parties to structure and execute transactions

• Familiarity with securitization legal documents for revolving ABSL facilities backed by traditional and esoteric assets classes

• Knowledge of the Term ABS market and transactions backed by traditional and esoteric assets. Familiarity with Digital Infrastructure Term ABS a plus

• Strong PC Proficiency, Microsoft Office applications (Excel, Word and PowerPoint), Bloomberg and Credit Research Tools

• Excellent verbal and written communication skills

• Ability to coordinate multiple projects and satisfy deadlines

• Detail-oriented with strong organizational and time management skills required

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 $125,000 to $175,000 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.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

11/14/2026