Municipal Prepay Structuring – Spread Products - Vice President/Director

Job title: Municipal Prepay Structuring – Spread Products - Vice President/Director

About the Role Citi’s Spread Products is seeking an experienced Vice President or Director to join its Structuring business, focusing on municipal natural gas and power prepayment transactions in addition to other structured credit initiatives. The Muni Prepay Structurer will originate, structure and execute Muni Prepay transactions, coordinating across Sales/Banking, Legal, Tax, Credit Risk, Treasury and Trading.

What You'll Do

• Lead origination efforts with municipal and industrial commodity participants and external funding recipients to originate and structure Municipal Prepay transactions.
• Structure and execute Municipal Prepay transactions with Citi acting as prepaid supplier, upstream supplier and/or funding recipient.
• Develop structural enhancements to adapt to changing market dynamics, coordinating with Legal, Compliance, Market and Credit Risk, Treasury and Tax to obtain necessary approvals.
• Work with internal control functions and external counterparties to ensure governance, compliance, licensing and reporting; assist with entity creation as needed.
• Collaborate with Sales/Banking, Legal, Tax, Credit Risk, Treasury and Trading throughout deal life cycles.
• 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, governance and ethics; adhere to Citi Code of Conduct and Plan of Supervision; maintain policies.
• Appropriately assess risk/reward of transactions and ensure team awareness of the firm’s reputation.
• Obtain and maintain registrations/licenses required for the role.
• Maintain ongoing compliance with applicable laws, rules and regulations; escalate control issues with transparency.

What We're Looking For

• 6–12 years of structuring experience from a financial institution, with emphasis in municipal prepay preferred.
• Demonstrated quantitative and analytical skills; strong written and verbal communication.
• Understanding of the municipal prepay landscape, including funding recipients and participants; ability to travel up to 25%.
• Bachelor’s degree; Master’s degree preferred.
• Ability to originate and coordinate with cross-functional teams (Sales/Banking/Legal/Tax/Credit Risk/Treasury/Trading).

Nice to Have

• Master’s degree preferred.

Compensation & Benefits

• Salary range: $200,000.00 - $300,000.00 per year (USD);
• Citi offers discretionary and formulaic incentive and retention awards where eligible, plus medical, dental & vision, 401(k), life, accident, disability insurance, wellness programs; PTO, sick leave and holidays.