Investment Banking Summer Analyst (Jun 2024)

About Citibank

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998. Travelers were subsequently spun off from the company in 2002. Citigroup is the third largest banking institution in the United States.

Your Role

The BCMA IB Intern Analyst NE is an intermediate level position responsible for assisting clients in raising funds in the capital markets, as well as in providing strategic advisory services for mergers, acquisitions and other types of financial transactions in coordination with the Institutional Banking team. The BCMA Intern Analyst also serves as an intermediary in trading for clients. The overall objective of this role is to act as a strategic advisor to their clients by formulating investment strategies and raising capital for clients.

• Collect and analyze company information to assist transactions; including conducting industry research, revising, and organizing financial data
• Analyze financial data and develop financial models including company valuations, discounted cash flow analysis, financing, and comparative analyses
• Create and finalize new business development presentations
• Coordinate tasks with internal and external working teams
• Prepare required internal documentation e.g. control and compliance regulations.

Training, Development & Rotations 

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 company 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.

Salary & Benefits

The estimated salary range is between 40,560 to $111,020 per year. Citi put its employees first and provides the best-in-class benefits they need to be well, live well and save well.

• Health Insurance
• Team Outings
• Education Assistance
• Job Training

Career Progression

Top-performing Summer Analysts often return to Citi after graduation to work as Full Time Analysts.

Work-Life Balance

At Citi, flexible work plans offer employees and managers the chance to meet personal and business needs with schedules that allow alternatives to customary business hours or locations. As well as maternity leave and workshops for mothers.

Culture & Vibe

Citi is committed to a diverse and inclusive workforce that represents the places where it operates and the clients it serves. It believes in a workplace where everyone feels comfortable coming to work as their whole self every day.

About You

• ou are graduating between December 2024 and June 2025 and have a preferred GPA of 3.5 or above.
• 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 delivering the best results on every project
• Desire to develop a deep understanding of the financial industry

How to Apply

• To start your application click the "APPLY" button on this page.
• Citi recruiters will contact selected applicants as the first step in the hiring process. 
• If you qualify for the role, the recruiter will set up one or more interviews for you with your potential future manager and teammates.
• If you passed all the interviews, the recruiter will share the next steps of their onboarding process.

Source

The following sources were used in researching this page:

• youtube.com
• careers.citigroup.com