Corporate Banking Associate

Citi • New York, NY

3d • $165,000 - $165,000 • Hybrid

About The Position

Citibank, N.A. seeks a Corporate Banking Associate for its New York, NY location.
DUTIES: Produce written summary reports of financial research results. Partner with Senior Bankers to provide overall relationship management support. Participate in client transactions, projects, or assignments. Research and develop analytical tools to address issues such as portfolio construction and optimization, performance measurement, attribution, profit and loss measurement, and pricing models. Assist with day-to-day cash management activities, trading initiatives, vendor finance, foreign exchange, loan activity, debt capital markets efforts, share repurchase, and interest rate/equity derivatives. Support Bankers in cross selling the full spectrum of products and services by identifying customer needs to generate revenue. Responsible for evaluating public filings, research reports, operations, business plans, and financial forecasts to produce strategic and financial analyses. Stay abreast of market and industry trends, best practices, and the competitive landscape. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations. This includes adhering to policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.

Requirements

• Bachelor’s degree, or foreign equivalent, in Finance, Business, Accounting or a related field, and five (5) years of experience in the job offered or in a related finance occupation monitoring credit quality across the portfolio and preparing reports to inform risk decisions.
• Five (5) years of experience must include: Experience running large Leveraged Buy Out transactions outlining financial and business risk profile, impact on the company’s credit profile, cross sell across bank’s financial product suite, and profitability; Supporting Bankers in cross-selling full spectrum of products and services by identifying client needs to generate revenue; Assisting with day to day cash management activities, trading initiatives, vendor finance, foreign exchange, loan activity, debt capital markets efforts, share repurchase and interest rate/equity derivatives; Performing industry and economic research and financial modeling to evaluate credit profiles and appropriately assess risk when making business decisions; Utilizing investment systems including Factset, S&P Capital IQ, S&P Ratings Direct, SEC Filings, and Bloomberg to assess the financial and business risk profile of companies; Working with large financial data sets to create actionable insights and regular business reviews for senior bankers and management.
• In the alternative, the employer will accept a Master’s degree, or foreign equivalent, and three (3) years of experience.
• Employer will accept pre- or post- Master’s degree experience.
• 40 hrs./wk.
• Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #26945244.
• EO Employer.

Responsibilities

• Produce written summary reports of financial research results.
• Partner with Senior Bankers to provide overall relationship management support.
• Participate in client transactions, projects, or assignments.
• Research and develop analytical tools to address issues such as portfolio construction and optimization, performance measurement, attribution, profit and loss measurement, and pricing models.
• Assist with day-to-day cash management activities, trading initiatives, vendor finance, foreign exchange, loan activity, debt capital markets efforts, share repurchase, and interest rate/equity derivatives.
• Support Bankers in cross selling the full spectrum of products and services by identifying customer needs to generate revenue.
• Responsible for evaluating public filings, research reports, operations, business plans, and financial forecasts to produce strategic and financial analyses.
• Stay abreast of market and industry trends, best practices, and the competitive landscape.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations. This includes adhering to policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level