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NAM Institutional Credit Management, Leveraged Portfolio Group Summer Analyst

Citi

Citi

NAM Institutional Credit Management, Leveraged Portfolio Group Summer Analyst

New York, NY
Internship
Paid
  • Responsibilities

    YOU'RE THE BRAINS BEHIND OUR WORK.

    You're ready to apply your knowledge from the classroom to top-tier Leveraged Buyout transactions; and Leveraged Portfolio Group ("LPG") gives you an opportunity to do exactly that. Citi's Institutional Credit Management division (ICM) is looking for Summer Analysts to join the Leveraged Portfolio Group in NAM. Whether it's honing your skills or building your network, LPG experience equips you with the knowledge and training you need to play a valuable role in Citi and to lead a successful career ahead. LPG plays an integral role in Citi's credit approval and origination process for Leveraged Finance transactions and spearheads the ongoing credit monitoring process for Citi's Leveraged Finance Portfolio of client relationships, both Sponsor-backed and Corporates. Through in-depth due diligence, fundamental analysis, and sound execution, LPG manages the end-to-end leveraged lending transaction process in close partnership with Leveraged Finance and Corporate & Investment Banking (in particular Financial Sponsors Group). Furthermore, LPG play a critical role in the ongoing evaluation of the clients' financial health and credit profile, allowing Citi to effectively manage its exposure against clients with highly leveraged credit structure. As a Summer Analyst, you will develop first-hand experience in both transaction execution and credit monitoring process, working closely with LPG members at all levels (including Senior Bankers) who will provide you the opportunity to develop a solid foundation of credit skills.

    YOUR TIME HERE WILL LOOK SOMETHING LIKE THIS...

    Actively participate in credit approval process for leveraged Sponsor-backed and Corporate deals, working alongside experienced members of the LPG team Complete fundamental risk and credit analysis as part of Credit Approval Memos Support the ongoing credit monitoring process by providing key inputs and analysis on the clients' latest financial performance Complete an Annual Review for a complex leveraged credit and present to Seniors in both Business and Risk

    WE PROVIDE YOU WITH THE KNOWLEDGE AND SKILLS YOU NEED TO SUCCEED.

    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. 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 will be offered a Full Time Analyst position to join LPG in Summer 2023, where you will continue to enhance your technical skills, acquire hands on experience and build a strong network throughout Citi.

    WE WANT TO HEAR FROM YOU IF...

    You are graduating from a U.S. school between December 2023 and June 2024 and have a preferred GPA of 3.5 or above

    WHO WE THINK WILL BE A GREAT FIT...

    In light of heighted activity level in the Leveraged Finance space, as well as continued focus on sound credit decisions from Citi perspective, LPG plays an instrumental role in Citi's credit origination and approval process for Leveraged Finance transactions. As such, a genuine interest in credit analysis and transaction execution is critical to a fruitful experience in LPG. We value diversity and so do you.

    We'll also be looking for the following...

    • Team player with strong work ethic who demonstrates a high degree of emotional intelligence in daily interactions

    • Strong writing, analytical, quantitative, communication, and presentation skills

    • Working knowledge of Microsoft Word, Excel, and PowerPoint

    • Ability to break down large amounts of data into concise, easy to understand formats

    • Ability to quickly and accurately find information upon a Banker / Manager's request

    • Ability to take on demanding responsibilities and work independently, effectively manage deadlines and juggle multiple tasks at once.

    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.

  • Industry
    Financial Services
  • About Us

    Citi enables growth and progress for individuals, communities, institutions and governments around the world and has been doing so for more than 200 years. They recognize that their ability to best serve their clients and customers comes from the diverse and engaged employee base and they work tirelessly to deliver opportunities for growth and development to the most talented people. This is a place where the best come to get better.