Structured Credit - Securitization Underwriter; Assistant Vice President

Position: Structured Credit - Securitization Underwriter (Assistant Vice President)
Location: New York

## Structured Credit - Securitization Underwriter (Assistant Vice President)
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New York New York United Statestime type:
Full time posted on:
Posted Todayjob requisition :
Citi is looking for a Securitization Credit Underwriter at the Assistant Vice President level to join the Institutional Credit Management (ICM) Asset-Backed Securities (ABS) Credit Underwriting team. In this role, you will support the underwriting of a multi-billion-dollar portfolio of asset securitization transactions financed primarily through the asset-backed commercial paper market, working across auto, credit card, and unsecured consumer loan asset types.

You will play a meaningful role in the full credit lifecycle, from initial deal screening through to post-closing portfolio management, partnering closely with senior Underwriters and the Origination team to assess risk and deliver sound credit decisions.## Responsibilities
* Partner with the Origination team to pre-screen new deal opportunities, conduct initial collateral analysis, and prepare preliminary financial assessments to support deal approval decisions.
* Participate in due diligence sessions, documenting client and industry performance, financial trends, and collateral characteristics to inform credit recommendations.
* Draft credit approval memoranda for senior Underwriter review and manage submission through internal approval workflows and risk governance processes.
* Assess servicer reports for collateral eligibility, covenant compliance, and Borrowing Base coverage, identifying and escalating signs of deteriorating asset performance.
* Validate Borrowing Base models for new transactions and subsequent amendments, ensuring accuracy and consistency across internal systems and databases.
* Propose internal risk ratings, maintain scorecard updates, and monitor facility limits to ensure ongoing compliance with credit and institutional guidelines.
* Prepare and present Quarterly Portfolio Reviews to business management and Risk stakeholders, synthesizing portfolio trends and key credit findings.
* Coordinate with senior Underwriters and Audit management on audit scope, review timelines, and the resolution of exceptions identified through servicer audits.##

Required Qualifications & Skills
* Credit experience within a financial institution, rating agency, financial guarantor, or asset management firm, with direct exposure to structured finance or securitization.
* Ability to work independently within a collaborative team environment, manage competing priorities, and proactively escalate credit or operational risks as needed.
* Advanced proficiency in Microsoft Excel and PowerPoint, with the ability to build, validate, and interpret financial models and structured data outputs.
* Strong written and verbal communication skills, with the ability to clearly convey credit analysis and risk findings to stakeholders at all levels.
* High attention to detail combined with a strong sense of ownership, enabling accurate and timely delivery across multiple work streams.
* Bachelor's degree or equivalent experience in a quantitative discipline such as Economics, Finance, Engineering, Mathematics, or Operations Research.## Beneficial

Skills & Qualifications
* Five to eight years of direct experience in Consumer ABS or securitization, with familiarity across asset types such as auto loans, credit cards, or unsecured consumer receivables.
* Prior involvement in credit risk management within the financial services industry, including experience applying risk frameworks to structured lending or capital markets transactions.
* Demonstrated ability to synthesize complex financial data, prioritize effectively under time pressure, and deliver results in a fast-paced, deal-driven environment.##

What We Offer Joining Citi's ICM ABS Credit Underwriting team means working at the center of one of the world's leading financial institutions, with direct exposure to complex, high-value securitization transactions and a team of experienced professionals who are invested in your development. We offer a hybrid working model and a range of benefits designed to support your professional growth and personal wellbeing.
* Hybrid working arrangement with 3 days in the office and 2 days working remotely, supporting both team collaboration and individual flexibility.
* Direct exposure to a multi-billion-dollar securitization portfolio, offering meaningful deal experience and accelerated professional development at the AVP level.
* Access to structured learning and development programmes to build technical expertise and advance your career within structured credit and risk.
* A performance-driven team environment where your analytical contributions directly influence credit decisions and portfolio outcomes.
* Competitive compensation and financial wellbeing benefits, including access to Citi's broader employee benefits suite.
* Wellbeing and work-life balance support through Citi's global employee wellbeing…