Associate, Commercial Banking - Healthcare, Higher Ed & Nonprofit - AVP

We are seeking a highly motivated Associate for a front-office coverage role on the Healthcare, Higher Ed & Nonprofit team. This position is an excellent opportunity for individuals looking to build a career in the nonprofit industry. The Commercial Associate role is an entry-level position at Citi, offering a strong foundation of knowledge and training, real-world experience, and the chance to add immediate value to the team. This role focuses on developing core competencies in financial analysis, credit risk assessment, and client management within the nonprofit sector.

Responsibilities

• Portfolio Management: Cover a portfolio of 40-50 clients in conjunction with deal teams comprised of Analysts, Associates, Vice Presidents, and senior Credit Officers.
• Transaction Execution: Act as a primary contributor and reviewer in all facets of deal execution, including in-depth financial analysis, complex financial modeling, risk analysis, and due diligence for credit extensions to new and existing clients.
• Client & Partner Interaction: Support senior bankers in managing client relationships and interact with various internal partners, including Loan Structuring & Syndications, Commodities, Treasury & Trade Services, and various operations functions to deliver integrated financial solutions.
• Team Development: Assist with the training and professional development of junior Analysts on the team.
• Industry Analysis: Conduct detailed company research and industry analysis to identify key trends, risks, and opportunities within the nonprofit sector.
• Risk Management: Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the bank, its clients, and assets. This includes driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment, and escalating, managing, and reporting control issues with transparency.

Requirements

• 1-2 years of associate work experience.
• Proficiency in financial modeling and financial data analysis is required.
• Strong presentation skills.
• Strong analytical and problem-solving skills.
• Advanced proficiency in MS Word, Access, Excel, and PowerPoint.
• Obtain Series 63 and 79 licenses, and pass SIE, within 150 days of joining.

Qualifications

• Bachelor’s/University degree is required.

Benefits

• Competitive employee benefits, including medical, dental, and vision coverage.
• 401(k) retirement plan.
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For eligible employees, discretionary and formulaic incentive and retention awards.

Available offerings may vary by jurisdiction, job level, and date of hire.

Pay

Full-time salary range: $130,000 – $145,000.

Schedule

Full time.

Primary location: New York, New York, United States.