Investment Banking Associate, Financial & Strategic Investors (FSI)

Citi • San Francisco, CA

3d • $175,000 - $225,000 • Onsite

About The Position

The Investment Banking Associate, Financial & Strategic Investors (FSI) role focuses on developing and managing relationships with financial sponsor clients, including private equity firms. The position involves originating new business mandates, liaising with product and industry coverage partners to deliver advice and drive transaction execution, and performing complex financial analyses. Key responsibilities include idea generation for new investment opportunities, assisting clients with portfolio monetization, leading internal credit approval processes, and serving as a technical subject matter expert in accounting, corporate finance, and capital markets.

Requirements

• 5-8 years of relevant experience
• Bachelor’s degree in Finance or closely related areas of Business Administration
• Experience in evaluating corporate transactions and structures
• Experience creating financial analyses
• Demonstrated problem solving and organizational skills
• Consistently demonstrates clear and concise written and verbal communication skills
• Experience assisting with client development
• Ability to work with teams and track business development (collect research, analyze industry trends)
• Series 79 and 63 licenses
• Bachelor’s degree/University degree or equivalent experience

Nice To Haves

• Master's degree in Business Administration

Responsibilities

• Develop and manage relationships with financial sponsor clients, including private equity firms.
• Originate new business mandates from financial sponsors related to financial advisory, capital raising, and risk management.
• Liaise with product and industry coverage partners to deliver advice and drive transaction execution for financial sponsor clients and sponsor-backed portfolio companies.
• Perform complex financial analyses related to valuation, credit underwriting, mergers and acquisitions (M&A) and capital markets transactions.
• Drive idea generation related to new investment opportunities, including leveraged buyouts, minority stake investments and structured capital investments.
• Assist financial sponsor clients with portfolio monetization, including M&A processes, initial public offerings (IPOs), private placements and dividend recapitalizations.
• Lead internal credit approval process related to acquisition financings, dividend recapitalizations, re-financings and other credit transactions for private equity clients.
• Ensure risk and controls processes related to internal and external policies are adhered to by cross functional deal teams.
• Serve as technical subject matter expert in relevant accounting, corporate finance and capital markets concepts.
• Utilize knowledge of corporate finance, accounting, M&A, credit underwriting, business valuation and capital markets concepts in order to develop, review and present financial models related to valuation, M&A, and credit underwriting.
• Provide advisory services to private equity clients on capital raising, risk management, M&A, valuation and capital deployment.
• Analyze and interpret financial statements, equity research, economic data, credit rating reports, and accounting and business diligence in support of client transactions and advisory assignments, either in the form of modeling or credit analysis.
• Prepare and present credit analyses materials to senior stakeholders and decision-makers in support of credit underwriting and capital markets transactions.
• Conduct detailed credit analyses including modelling, credit worthiness assessment, and potential risks and mitigants identification.
• Utilize financial data platforms including MergerMarket, LCD, FactSet and Capital IQ to help build out financial analyses and usable data.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

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