Nissan Auto Receivables 2014-A Owner Trust - FORM 10-K - EX-33.2 - MANAGEMENT?S ASSERTION ON COMPLIANCE WITH REGULATION AB (CITI) - June 28, 2017

Attached files

file filename
EX-99.1 - ANNUAL SERVICER?S CERTIFICATE PROVIDED BY NMAC TO HOLDERS OF NOTES AND CERTIFICA - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex99_1.htm
EX-35.1 - SERVICER COMPLIANCE STATEMENT OF NMAC - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex35_1.htm
EX-34.2 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (KPMG) - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex34_2.htm
EX-34.1 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (E&Y) - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex34_1.htm
EX-33.1 - REPORT ON ASSESSMENT OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA FOR ASSET- - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex33_1.htm
EX-31.1 - CERTIFICATION OF SENIOR OFFICER IN CHARGE OF THE SERVICING FUNCTION OF THE SERVI - Nissan Auto Receivables 2014-A Owner Trustnar14a10k033117ex31_1.htm
10-K - NAR 2014-A 10-K FOR FYE 03/31/17 - Nissan Auto Receivables 2014-A Owner Trustbodynar14a10k033117.htm
Exhibit 33.2
Management’s Assertion on Compliance with Regulation AB
(Citibank, N.A.)


MANAGEMENT'S ASSESSMENT OF COMPLIANCE
Management of the Agency and Trust division of Citibank, N.A. (or “Company”) is responsible for assessing compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB promulgated by the Securities and Exchange Commission.

Management has determined that the servicing criteria in Item 1122(d) of Regulation AB are applicable in regard to the servicing platform as of and for the period as follows:

Platform:  Publicly-issued (i.e., transaction-level reporting initially required under the Securities Exchange Act of 1934, as amended) automobile loan or lease-backed securities serviced by Nissan Motor Acceptance Corporation issued on or after January 1, 2006 for which the Company provides trustee and paying agent services (the “Platform”).

Applicable Servicing Criteria:  All servicing criteria set forth in Item 1122(d), to the extent required by Item 1122(d) servicing criteria in regards to the activities performed by the Company with respect to the Platform as to any transaction, except for the following criteria: 1122(d)(1)(i)-1122(d)(1)(v), 1122(d)(2)(i), 1122(d)(2)(iii), 1122(d)(2)(v)-1122(d)(2)(vii), 1122(d)(3)(i) and 1122(d)(4)(i)-1122(d)(4)(xv), which management has determined are not applicable to the activities the Company performs with respect to the Platform (the “Applicable Servicing Criteria”).  With respect to the Platform, servicing criterion 1122(d)(3)(ii) is applicable only as it relates to remittances.

Period:  Twelve months ended March 31, 2017 (the “Period”).

With respect to the Platform as of and for the Period, the Company’s management provides the following assessment of compliance with respect to the Applicable Servicing Criteria:
·
The Company’s management is responsible for assessing the Company’s compliance with the Applicable Servicing Criteria.
·
The Company’s management has assessed the Company’s compliance with the Applicable Servicing Criteria.  In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.
·
Based on such assessment, the Company has complied, in all material respects, with the Applicable Servicing Criteria.
KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to management’s assessment of compliance with the Applicable Servicing Criteria as of and for the Period.
                                                                                                CITIBANK, N.A.

                                                                                                By: /s/ Karen Montbach                                                                                    
                                                                                                Its: Managing Director
Dated: April 27, 2017
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