Citizens Bank - Charlotte, NC
posted 4 months ago
The Asset-Backed Finance (ABF) Associate will play a crucial role in supporting senior team members across various functions related to Corporate Credit Securitization (CCS) advisory. This position is based in Charlotte, North Carolina, and reports directly to the Head of Asset-Backed Finance. The CCS business focuses on providing debt and advisory services to middle-market credit managers in the U.S., including Direct Lenders and Private Capital managers. The Associate will be involved in all aspects of CCS lending transaction origination, execution, and ongoing maintenance, which includes marketing, structuring, and closing Lead Arranged transactions. In this role, the Associate will prepare underwriting memos, conduct transaction analysis, and organize the underwriting process for the lead deal team member. They will also respond to inquiries from clients, internal partners, and syndicate partners regarding transactions. The Associate will be responsible for organizing and leading transaction due diligence calls and meetings, as well as writing and distributing syndication materials to potential syndicate partners in Lead transactions. Additionally, they will manage open legal matters related to document creation and execution, perform market analysis and research, and collaborate with key internal and external constituents to support Lead Arranged transactions. The Associate will monitor and research capital market trends, particularly in the securitization markets, maintain internal deal and market databases, and execute ratings-based modeling to determine risk ratings and breakeven loss tolerance. This position also involves contributing to business and client data management processes, making it essential for the Associate to be proactive, detail-oriented, and capable of managing multiple projects independently.