Spread Products Banking Associate

Citi • New York, NY

4d • $160,000 - $175,000 • Hybrid

About The Position

Citibank, N.A. is hiring a Spread Products Banking Associate in New York, NY. The role conducts credit monitoring and portfolio analysis across commercial real estate balance sheet positions, including financial analysis, credit metric calculations, updated underwriting, market research, assessment of financial conditions, ongoing performance evaluations, and proactive portfolio surveillance.

The Associate maintains and enhances internal databases and uses analytical outputs, models, and visualizations to support deal management, financial performance, business reporting, planning, and analysis. The role also prepares quarterly and annual portfolio and loan review materials for senior management and works with business, ICM, and risk teams. Responsibilities include monitoring global CRE business limits and P&L, and conducting ad hoc analyses for senior management, auditors, and regulators.

A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, subject to Citi policies and protocols. The position is full-time, 40 hours per week.

Requirements

• Bachelor’s degree or foreign equivalent in Finance, Computing and Data Science, Business Administration, or a related field.
• Two years of experience in the job offered or a related finance occupation evaluating P&L, financial analysis, financial performance, and assessing credit risk and debt structures.
• Two years of experience applying financial analysis techniques to evaluate performance, assess credit risk, and analyze debt structures, including credit monitoring, credit metric calculations, updated underwriting models, market research, and evaluation of ongoing performance.
• Two years of experience handling and calculating P&L at a financial institution.
• Two years of experience interpreting legal and regulatory documentation, with exposure to legal language and regulations.
• Two years of experience analyzing and supporting financial data using database management, and performing programming in SQL and data structures.
• Two years of experience preparing comprehensive written and analytical materials, including presentations, informational tables, and custom charting and visualizations, to support deliverables for clients and stakeholders.

Responsibilities

• Conduct credit monitoring of commercial real estate balance sheet positions through financial analysis, credit metric calculations, updated underwriting, market research, and evaluation of financial conditions.
• Perform ongoing performance evaluations and proactive portfolio surveillance.
• Maintain and continuously enhance internal databases to generate models, charts, and analytical outputs that support deal management, financial performance, reporting, planning, and analysis.
• Use database management, programming, SQL, and data structures to improve data organization and streamline workflows.
• Prepare comprehensive quarterly and annual portfolio and loan review materials and presentations for senior management across the business, ICM, and risk teams.
• Integrate quantitative and qualitative analysis, deal-level credit performance indicators, and portfolio-level summaries.
• Monitor key global CRE business limits and profit and loss (P&L).
• Conduct ad hoc analyses for senior management, auditors, and regulators, including exposure analysis, custom charting and visualizations, and specialized portfolio analytics.

Benefits

• Medical, dental, and vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off, including vacation, sick leave, and paid holidays
• Eligible employees may receive discretionary and formulaic incentive and retention awards

What This Job Offers

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