Banking, Capital Markets and Advisory (BCMA) - Investment Banking Financial Institutions Group, Summer Analyst - New York (North America - 2023)
Description
You're ready to bring your knowledge from the classroom to the boardroom and Citi wants to help you get there. Whether it's honing your skills or building your network, we know that success can't come without growth. Our programs equip you with the knowledge and training you need to play a valuable role on your team and establish a long-term career here. At Citi, we value internal mobility, and career growth is not a question of if, but when. Citi's Institutional Clients Group (ICG) is looking for Summer Analysts to join the Investment Banking Financial Institutions team in NAM. The Investment Banking group provides sector expertise and strategy advisory solutions, including mergers & acquisitions, capital raising and other strategic financings to corporate, financial service and public sector clients. Initiatives you may be working on with clients include mergers, acquisitions, divestitures, financial restructurings, underwriting, and distributing equity, debt, and derivative securities. Citi’s Financial Institutions Group (FIG) has consistently been ranked in the Top 5 globally in total deal volume with the #1 FinTech and #2 ECM franchises. It covers multiple verticals including Asset Management (e.g.; Blackrock; T.Rowe Price), Banks / Depositories (e.g.; PNC; U.S. Bank), Diversified Financials (e.g.; Discover; Ally Financial), Financial technology (e.g.; Mastercard), Insurance (e.g.; Aetna; Prudential). As an Analyst, you will assist in executing M&A, capital raising, and financial restructuring transactions as well as guide clients on strategic alternatives.
We're committed to teaching you the ropes. The 10 week Summer Analyst Program starts in June and begins with a 1 week in-depth training program. After a placement process, based on your interests and our needs, you will be matched with an Investment Banking team to work with for the duration of the Program. While you're in the Summer Analyst role, you're eligible to participate in Citi's mentorship program, which will provide further training and guidance during and after the Program. Top performing Summer Analysts often return to Citi after graduation to work as Full Time Analysts.
Responsibilities
- Work with senior coverage officers to develop innovative solutions for clients * Build intuitive and detailed models that will be used to evaluate strategic alternatives * Draft client presentation materials and working with clients to execute financing or merger transactions * Conduct deep industry analysis that will aid senior bankers in offering guidance to clients
Requirements
We want to hear from you if...
- You are graduating between December 2023 and June 2024 and have a preferred GPA of 3.5 or above
Who We Think Will Be a Great Fit...
A dedication to learning and a true passion for the business are vital. As industries all over the globe continue to restructure and grow. We are hiring professionals who have a global perspective on the future of banking and want to make an impact on the corporate level. We value diversity and so do you. We'll also be looking for the following: * Commitment to personal growth and career development * A strong desire to learn and succeed in team environments * Knowledge of the global or domestic business landscape is a plus, but not required * Strong communication, planning, and organizational skills * Passion for client service and a dedication to deliver the best results on every project * Desire to develop a deep understanding of the financial industry * Unquestioned commitment to integrity and ethical decision-making Effective November 1, 2021, Citi requires that all successful applicants must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
