Citi

CMBS and Real Estate Finance - Spread Products Banking Analyst

New York, NY
  • On-site
  • Full-time

Listing details

  • Posted Oct 26
  • Last verified Nov 4

About the job

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The Spread Products Banking Analyst would be joining the Commercial Mortgage Backed Securities (“CMBS”) Securitization team within the CMBS and Real Estate Finance group at Citi. The candidate will be involved in all aspects of real estate capital markets transactions, including but not limited to the primary issuance of both private label conduit and single-asset, single-borrower (“SASB”) transactions, Agency CMBS, and CRE CLOs. Through on-the-job training, their role will evolve as they learn the various products and are ready to take on additional responsibility.

Responsibilities:

  • Assist with all real estate capital markets activities, primarily the securitization of Citigroup’s commercial mortgage loans, and on transactions where Citi serves as a placement agent on behalf of other CMBS issuers
  • Help prepare structural and collateral term sheets, prospectus supplements, and other CMBS offering documents
  • Coordinate the tracking of securitization documentation while working with accountants and legal counsel to ensure compliance with company lending practices, the accuracy and completeness of information, and the finalization of CMBS offering materials
  • Provide analytical support to the securitization team and be accountable for the aggregation, accuracy, and reporting of data used for the securitization of commercial mortgage loans
  • Prepare data tapes and various mortgage loan schedules used by CMBS investors and nationally recognized statistical rating organizations (“NRSROs”)
  • Respond to CMBS investor and NRSRO queries
  • Manage and maintain transaction data rooms containing due diligence files used by CMBS investors, NRSROs, accountants, legal counsel, and investment banking teams
  • Responsible for the aggregation and reporting of information relating to the CMBS market, commercial real estate trends, and published NRSRO data

Qualifications:

  • 0-2 years of relevant experience
  • Bachelor's degree in Finance, Real Estate, or closely related areas preferred
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Ability to work under pressure in a rapidly changing environment in order to meet deadlines
  • Series 79, 7 and 63 licenses (to be obtained upon hire)

Education:

  • Bachelor's degree/University degree or equivalent experience