Job Description

As a Credit Structurer, you'll be a vital part of the Spread Products team within Markets, specializing in the structuring and execution of a wide range of credit-focused transactions. This includes asset-backed securities (ABS), principal investments, and securitizations, primarily within the European market. This role involves close collaboration with sales, trading, and structuring teams, along with legal, operations, and other control functions. You will report to the Head of Spread Products Solutions for Fixed Income. This is a Vice President-level position.

What you will do will be varied day to day, but the key drivers for the role are

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Oversee portfolio performance monitoring, hedging strategies, risk analysis, booking, asset reconciliation, reporting, pipeline management, and arrears analysis. Manage relationships with originators, servicers, clients, rating agencies, and investors, engaging in ongoing communication and ad-hoc discussions, conducting on-site vendor due diligence and asset level reviews, and performing reverse due diligence on underwriting, servicing, collections, and recoveries processes, ensuring adherence to industry best practices and compliance standards. Lead the structuring and execution of asset-backed senior financing facilities, securitization transactions, and principal investment deals, optimizing capital structures, developing hedging strategies using derivatives, and negotiating with rating agencies on complex ABS and principal transactions. Develop sophisticated pricing and cash flow models for structured finance transactions, build pricing engines, design hedging strategies, and perform valuation and execution analysis, conducting quantitative structuring for deal optimization. Manage the transaction execution process from deal screening and due diligence to developing pricing models and financial analysis, securing credit committee approvals by preparing comprehensive credit memos and stress tests, and overseeing closing activities, including cash flows and legal/operational tasks. Collaborate with legal teams and other transaction parties, working on legal documentation and operational structuring.

What we will need from you:

Proven experience structuring and executing asset-backed securities (ABS), securitizations, and principal investments. Strong understanding of structured credit, derivatives pricing, and structured finance. Demonstrated ability to manage complex transactions, including legal, regulatory, and accounting aspects. Expertise in financial modelling, including pricing and cash flow models, pricing engines, and hedging strategies. Excellent analytical, quantitative, communication, negotiation, and interpersonal skills. Experience in due diligence, asset level reviews, and a quantitative degree (mathematics, physics, computer science, economics, or related field) is preferred.

What we will provide you:

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model but also receive a competitive base salary, and enjoy a whole host of additional benefits such as:

27 days annual leave (plus bank holidays) A discretional annual performance related bonus Private Medical Care & Life Insurance Employee Assistance Program Pension Plan Paid Parental Leave Special discounts for employees, family, and friends Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.


Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.


The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.


Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.


Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

Honesty, integrity and reputation Financial soundness Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.


This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.


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Job Family Group:


Institutional Trading
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Job Family:

Structuring
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Time Type:


Full time
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Most Relevant Skills


Please see the requirements listed above.
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Other Relevant Skills


For complementary skills, please see above and/or contact the recruiter.
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.


If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.



View Citi's EEO Policy Statement and the Know Your Rights poster.