Assistant Vice President, Structuring – Non-Agency Residential Mortgages

Citigroup’s Non‑Agency Residential Financing & Securitization Group ("Resi F&S"), a unit within Global Spread Products, is seeking to add a highly skilled and experienced Assistant Vice President of Structuring to its existing team. The Resi F&S group provides debt facilities, securitization and advisory services to institutional clients and touches non‑agency assets including seasoned performing, re‑performing and non‑performing loans, new origination prime and near‑prime loans, HELOC and closed end second mortgages, mortgage servicing rights, credit risk transfer pools, small balance commercial (SBC) loans and single family rental (SFR) and residential transition loan assets.

Existing clients are well capitalized non‑bank originators, hedge funds, private equity funds, the GSEs, servicers, single family operators and REITs with expertise in originating, aggregating, and/or managing residential mortgage assets.

• Deal Structuring & Execution:
  Assist in the end‑to‑end structuring process, from the initial pitch through closing, for Non‑Agency RMBS transactions.
• Cash Flow Modeling:
  Create, modify and reverse engineer complex cash flow waterfalls, ensuring accurate structural mechanics (e.g., sequential/pro rata pay, shifting interest, deal triggers, and various credit enhancement mechanics).
• Intex Mastery:
  Use Intex Deal Maker to construct deal models from scratch and run various stress testing and scenario analysis (CPR/CDR/severity grids).
• Rating Agency Process:
  Work in conjunction with the structuring and banking team to manage the rating agency process, providing and defending structural assumptions and cash flows.
• Offering Document Coordination:
  Confirm all legal documentation correctly represents and aligns with the structural outputs.
• Risk Assessment:
  Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citi’s, its clients', and its assets' interests by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

• Minimum of 2 years of relevant experience in structured finance.
• Bachelor’s degree in a quantitative or financial discipline (Finance, Economics, Engineering, or Mathematics). An advanced degree (MBA or MS) or CFA charter is a plus.
• Advanced proficiency in Intex Deal Maker is required.
• Deep understanding of Rating Agency methodologies.
• Demonstrated problem‑solving and organizational skills.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Ability to work with teams and track business development (collect research, analyze industry and pricing trends).
• Series 7, 79 and 63 licenses.

This job description provides a high‑level review of the types of work performed. Other job‑related duties may be assigned as required.

Primary

Location:

New York, New York, United States.

Salary Range: $ - $. In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

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 w Citi’s EEO Policy Statement and the Know Your Rights poster.