Municipal Prepay Structuring – Spread Products - Vice President​/Director

Location: New York

Job d:

Location:

New York, New York, United States Salary: $ - $Category:
Institutional Trading Company:
Citi Citi’s Spread Products is seeking an experienced Vice President or Director to join its Structuring business, with focus on municipal natural gas and power prepayment transactions (“Municipal Prepays”) in addition to other structured credit initiatives.

The Muni Prepay Structurer is a strategic professional who has experience originating, structuring and executing Muni Prepay transactions. The role will require both direct client origination and coordination across major stakeholders, Sales/Banking, Legal, Tax, Credit Risk, Treasury and Trading.

Responsibilities:

The Muni Prepay Structurer will hold a key role in originating, structuring and executing Municipal Prepay transactions, with Citi acting as prepaid supplier, commodity upstream supplier and/or funding recipient

Lead origination efforts with municipal and industrial commodity participants and external funding recipients

Develop structural enhancements to adapt to changing market dynamics, will involve working with all internal control functions (Including Legal, Compliance, Market and Credit Risk, Treasury, Tax, etc.) to obtain necessary approvals

Work in close partnership with control functions and external counter parties to ensure appropriate governance, compliance and control infrastructure with each execution (includes entity creation and compliance, licensing, reporting, etc.

Work on other new product initiatives within Spread Products Structuring, including bespoke client financings, secured funding and risk defeasance transactions

Build a culture of responsible finance, good governance and supervision, expense discipline and ethics

Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s  familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same Adhere to all policies and procedures as defined by your role which will be communicated to you Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, 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.

Recommended

Qualifications:

6-12 years structuring experience from a financial institution, particularly in the municipal prepay sector

Demonstrated quantitative and analytical skills

Consistently demonstrates clear and concise written and verbal communication skills

Understanding of municipal prepay landscape, including interested funding recipients, industrial participants

Ability to travel up to 25% of the time to attend client meetings and industry conferences

Education:

Bachelor’s/University degree, Master’s degree preferred

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

------------------------------------------------------Job Family Group:
Institutional Trading------------------------------------------------------Job Family:

Structuring------------------------------------------------------Time Type:

Full time------------------------------------------------------Primary

Location:

New York New York…