
Citigroup
Job title:
CLO Structurer
Company
Citigroup
Job description
Legal structuring, negotiation of legal contracts, transaction execution and management, and other aspects in relation to the structuring of securitization and warehouse transactions across EMEA, with a particular focus on European CLOsJob Background/context:This role sits within the CLO Primary Business with strong linkages into Credit Financing, ABS and Residential Securitisation within the wider Primary Spread Products business team in EMEAKey Responsibilities:
- In-Business seat and role, within the Business team (with direct reporting into the Business team and a senior Transaction Execution specialist) not Internal Legal.
- Assist senior and junior transactors in document/opinion negotiation
- Assist in the review of legal and structuring advice and due diligence
- Assist with preparation of credit memos and presentation of legal and structural aspects to credit committee.
- Assist in discussions with client counterparts and advisers
- Assisting with the drafting of short and long form term sheets
- Interface with internal Legal team and other internal stakeholders regarding business related legal risks
- Involvement in other ad hoc workstreams
Development Value:The role will provide a wide range of deal-making experiences related to European CLOs, RMBS, Credit Financing and ABS securitization and warehouse transactions. The role will also provide a high level of exposure to strategic global players in the industry and leading European and American law firms and will involve direct negotiation with Citi’s clients and counterparties.Knowledge/Experience:Associate-level experience (PQE) in a banking team of an international law firm, with a particular specialization and proven track record in structuring and negotiating CLO transactions.Skills:
- Strong experience in the structuring and negotiating of CLO transactions
- Wider experience in European structured credit transactions
- Strong computing and numeracy skills required
- Strong interpersonal and communication (written and spoken) skills
- Self-motivated and a strong work ethic
- Ability to multi-task and meet short deadlines
- Ability to manage stressful situations and heated discussions in a calm, professional, diplomatic and focused manner
Qualifications:University degree or similar, and above including requisite legal specific qualifications (i.e. LPC)Competencies:
- Planning and Organisation
- Adaptability
- Building Relationships (internal and external)
- Commercial Awareness
- Communication (written and oral)
- Excellent Decision Making and Judgement
- Integrity and Professionalism
- Time Management
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
- Honesty, integrity and reputation
- Financial soundness
- Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.Job Family Group: Institutional TradingJob Family: StructuringTime Type: Full timeCiti is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. 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 .View the ” ” poster. View the .View the .View the
Expected salary
Location
London
Job date
Sat, 22 Mar 2025 08:25:14 GMT
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