Analyst Asset-Backed Securitization (ABS)

Description

Citizens Bank is seeking an Analyst level candidate to join the Asset-Backed Securitization (ABS) Portfolio Management team to support the Asset Backed Finance (ABF) group. The ABF group is part of Citizens’ Capital Markets division. The role will be based in Stamford, CT.

Primary responsibilities include

• Assisting with the management and tracking of existing asset backed securitization loan (“ABSL”) transactions, including working with the ABS origination team, credit and operations
• Timely communication of transaction activity and performance to key internal partners
• Tracking, reviewing and analyzing monthly servicer reports; follow up on any late reports, errors, or other administrative issues; create and prepare monthly performance summaries for each transaction
• Assisting in the preparation and presentation of the semi-annual business review, highlighting key trends, outlooks and risks across various industries and transactions
• Monitoring facility utilization, draws and paydowns
• Ensuring ABSLs are captured properly in Citizens’ systems and downstream reporting
• Preparing and presenting concise credit approval memos for ABSL transactions in connection with annual reviews, renewals, amendments and waivers
• Researching and organizing client and industry information
• Participating in client diligence sessions, as appropriate
• Reviewing and summarizing legal documents for ABSL transactions
• Building and maintaining strong working relationships with credit and origination partners as well as related sector focused investment banking colleagues
• Establishing relationships and working with external parties including clients, lawyers, and rating agencies

Qualifications, Education, Certifications and/or Other Professional Credentials

• 0-2 years; non-mortgage asset-back securitization experience is preferred
• Excellent verbal and written communication skills; role requires collaborative approach among various internal teams
• Ability to synthesize large amounts of data and information into a cohesive explanation to all internal constituents
• Strong PC Proficiency, Microsoft Office applications (Excel, Word and PowerPoint)
• Strong organizational and time management skills required
• Ability to coordinate multiple projects and satisfy deadlines

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: Monday to Friday

Pay Transparency

The salary range for this position is $85,000 to $95,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the 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), provides 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, transgendered and transitioning individuals, 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 colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.

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.