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Citi Community Capital

Citigroup

Citi Community Capital

New York, NY
Full Time
Paid
  • Responsibilities

    Citi Community Capital (CCC) is the community lending and investing arm of Citi. It is housed in the Municipal Securities Division of Citis Institutional Clients Group. Unique among its peers, CCC provides a comprehensive array of financial products, from investment banking to lending and equity investment, designed to create strong communities and contribute toward Citis Community Reinvestment Act performance.

    Committed to the communities we serve, CCC finances both straightforward and highly structured transactions for non-profit and for-profit developers, Community Development Financial Institutions, and state and local government agencies.

    Our financings may employ a combination of taxable and tax-exempt loans or bonds; Low Income, Historic or New Markets Tax Credits; and government and private subsidies. CCC can provide capital directly or as an intermediary. We are a construction lender and a permanent lender, a Fannie Mae and Freddie Mac mortgage banker, and principal in unique equity investments all designed to improve neighborhoods, create jobs, or improve the health care services or educational opportunities available to the communities we serve.

    The projects we finance serve special needs populations including our nations homeless population, seniors and those with disabilities, as well as low income families and individuals. We are the leading investment banker, lender or equity provider in many of the areas in which we participate, and are generally acknowledged to be among the most creative and innovative firms in the industry.

    We work throughout the country from 13 offices and have been the #1 affordable housing lender in the United States in each of the past ten years as reported by Affordable Housing Finance magazine. That success is due in large part to having the strongest, most innovative team of professionals in the country. Our work doesnt just stop when we originate, structure and close a transaction; we have full underwriting, asset management and support groups that analyze and manage our transactions from closing through construction and during the life of the asset or program weve financed. Portfolio, risk management and finance professionals ensure that our activities remain within our economic and risk thresholds. With Citis capital committing capability and team of experienced professionals, we are able to provide financing solutions that are specifically designed to meet each clients needs.

    CCC is looking to add an Analyst in our Structured Lending and Investing (SLI) Group, focused on product/business development and transaction execution across all CCCs products.

    Job Responsibilities:

    • Support CCC teams in the structuring, closing, and on-going monitoring of CRA qualifying loans, investments, structured products and other solutions

    • Support CCCs affordable housing securitization team in the structuring of securitization transactions including underlying loan due diligence, rating agency coordination, document preparation and review, coordination of investor and rating agency site visits, and data tape analysis and diligence

    • Develop and maintain models to calculate cash flows, profitability and returns associated with potential new transactions

    • Develop and maintain models for valuation of existing portfolio investments

    • Prepare term sheets, deal summaries, marketing materials and presentations on CRA qualifying products for CCC teams and clients

    • Draft materials and coordinate Investment Committee Approvals from Business, Risk, Asset Management, Transaction Management, Pricing and others

    • Draft materials and coordinate internal approvals with control functions in Citi, including Risk, Treasury, Accounting Policy, Financial Control, Tax, Legal, Compliance, and others for new product initiatives

    • Manage databases and work with Technology development team on strategic projects to support CCC

    • Proactively and independently work with senior managers to create reporting and presentations on CCC portfolio and origination activities

    • Review daily and monthly profit and loss from Product Control for various business strategies

    Qualifications:

    • BA/BS with 1-2 years experience in banking, consulting or finance

    • Excellent oral and written communication, organizational and interpersonal skills, as well as the ability to multi-task under tight deadlines

    • Excellent MS Excel and quantitative skills are required

    • Experience with financial modeling and database programs (SQL, Qlikview) preferred

    • Ability to create high-quality PowerPoint presentations

    • SIE, Series 7, 52, 63 and 79 preferred and/or will be required to obtain necessary registrations


    JOB FAMILY GROUP:

    Institutional Banking


    JOB FAMILY:

    Investment Banking


    TIME TYPE:


    Citi is an equal opportunity and affirmative action employer.

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