Citi Commercial Bank - Loan Syndications Associate

Citi • New York, NY

13d

About The Position

The Loan Syndications Associate will be responsible for providing analytical and execution support to deliver customized debt solutions to Citi’s Commercial Bank clients. The Loan Syndications Associate is a critical member of a deal team, working directly with Vice Presidents and Senior Transactors as well as with colleagues across multiple groups in the bank to originate and execute transactions. Responsibilities: Support deal origination by drafting pitch materials incorporating an analysis of capital structure, credit profile, publicly available data on companies and transactions, and industry research. Prepare market comparables, initial due diligence lists, deal pre-screen presentations, and draft indicative term sheets. Tracking and summarizing loan market conditions in client materials, with a focus on the Middle Market segment of the US Loan Market. Execute lead-arranged transactions by preparing organization books, drafting marketing materials (Confidential Information Memorandums, lender presentations, and pre-screening memorandums), organizing and managing bank meetings, participating in and tracking lender interaction and diligence, and managing the deal closing process. Support the review of financing documents, including commitment letters, fee letters, engagement letters, and credit agreements. Coordinate with other groups within Citi, including Coverage, Underwriting, Risk, and Operations as well as other product groups to meet pitch and deal-related deliverables and deadlines. Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers). Developing and maintaining effective industry relationships with clients, lenders, legal counsel, and external parties (in collaboration with VPs and Senior Transactors). Develop business and credit judgment as well as to provide balanced assessments in working with internal team members and partners. Maintain a strong attention to detail, deliver high quality work product, and complete work in assigned timeframes. Qualifications: 2-3 years of banking experience, preferably with loan syndication, asset-based finance, or capital markets experience Completion of formal credit training program preferred Fundamental credit skills, including demonstrated ability to evaluate business, industry, financial performance, and structure/terms Strong financial and analytic skills, including proficiency with financial modeling and ability to rapidly assimilate complex information Excellent command of Microsoft Suite, with an emphasis on PowerPoint and Excel High level of energy, enthusiasm, and motivation Team player, able to facilitate strong partnerships Detail-oriented individual with strong organization ability and excellent communication, writing, and presentation skills Obtain and maintain required FINRA registration and licensing Education: Bachelors/University degree or equivalent experience This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Requirements

• 2-3 years of banking experience, preferably with loan syndication, asset-based finance, or capital markets experience
• Fundamental credit skills, including demonstrated ability to evaluate business, industry, financial performance, and structure/terms
• Strong financial and analytic skills, including proficiency with financial modeling and ability to rapidly assimilate complex information
• Excellent command of Microsoft Suite, with an emphasis on PowerPoint and Excel
• High level of energy, enthusiasm, and motivation
• Team player, able to facilitate strong partnerships
• Detail-oriented individual with strong organization ability and excellent communication, writing, and presentation skills
• Obtain and maintain required FINRA registration and licensing
• Bachelors/University degree or equivalent experience

Nice To Haves

• Completion of formal credit training program preferred

Responsibilities

• Support deal origination by drafting pitch materials incorporating an analysis of capital structure, credit profile, publicly available data on companies and transactions, and industry research.
• Prepare market comparables, initial due diligence lists, deal pre-screen presentations, and draft indicative term sheets.
• Tracking and summarizing loan market conditions in client materials, with a focus on the Middle Market segment of the US Loan Market.
• Execute lead-arranged transactions by preparing organization books, drafting marketing materials (Confidential Information Memorandums, lender presentations, and pre-screening memorandums), organizing and managing bank meetings, participating in and tracking lender interaction and diligence, and managing the deal closing process.
• Support the review of financing documents, including commitment letters, fee letters, engagement letters, and credit agreements.
• Coordinate with other groups within Citi, including Coverage, Underwriting, Risk, and Operations as well as other product groups to meet pitch and deal-related deliverables and deadlines.
• Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers).
• Developing and maintaining effective industry relationships with clients, lenders, legal counsel, and external parties (in collaboration with VPs and Senior Transactors).
• Develop business and credit judgment as well as to provide balanced assessments in working with internal team members and partners.
• Maintain a strong attention to detail, deliver high quality work product, and complete work in assigned timeframes.

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: Entry Level