Associate, Asset-Backed Finance

The Asset-Backed Finance (ABF) Associate role will support senior team members in all aspects of Corporate Credit Securitization (“CCS”) advisory, credit analysis, credit underwriting, client marketing, and deal execution. The role will report to the Head of CCS and be based in Charlotte, NC. The CCS business provides debt and debt advisory services to US based middle market credit managers, including Direct Lenders and Private Capital managers.
 
Responsibilities

• Support all aspects of CCS lending transaction origination, execution, and ongoing maintenance, including marketing, structuring and closing Lead Arranged transactions
• Prepare underwriting memos, conduct transaction analysis and summaries, and organize the underwriting process for the lead deal team member
• Respond to client, internal partners, and syndicate partners on transaction inquiries  
• Prepare and organize transaction due diligence calls and meetings
• Write, organize and distribute syndication materials to potential syndicate partners in Lead transactions
• Organize, lead, and resolve open legal matters on legal document creation and execution
• Perform market analysis and research
• Work collaboratively with key internal constituents (credit/risk management and PM), external constituents (counsel, trustees and clients), and syndicate partners in support of Lead Arranged transactions
• Monitor and research capital markets trends with focus on securitization markets
• Maintain internal deal and market databases
• Execute ratings based modelling to determine risk ratings and breakeven loss tolerance.

Contribute to business and client data management processes
 

Qualifications 

• At least 3+ years of relevant work experience
• Experience reading and analyzing CLO bond indentures
• Strong Excel skills manipulating large data sets
• Experience preparing leveraged loan and/or securitization loan credit analysis, including identifying and prioritizing transaction risks and mitigants in concise written format
• Familiarity with rating agency securitization methodologies
• Proactive, detailed-oriented, and proven ability to work independently on multiple projects
• Strong oral and written communicator
• Proficient in Microsoft Office software (Excel, PowerPoint, Word)

Education

• Bachelor’s degree required

Hours and Work Schedule

Hours per Week:  40

Work Schedule:  Monday - Friday

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.

Equal Employment and Opportunity Employer

Job Applicant Data Privacy Policy

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 a