DescriptionThe 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
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 OpportunityCitizens, 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 UsAt 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 growthBackground CheckAny 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.03/23/2025