Citi Commercial Bank - Sponsor Coverage Associate, Assistant Vice President
Citi · New York, NY · Yesterday
HybridBusiness Development$137k–$205k/yrFull-time
Responsibilities
- Work with Sponsor Coverage bankers to lead the credit underwriting and approval process for capital commitments to sponsor-owned portfolio companies and select fund-level financing opportunities
- Build, maintain, and sensitize detailed financial models assessing cash flow, leverage, liquidity, and enterprise value
- Work with senior bankers and internal partners to prepare transaction-related materials and credit approval memos to support client pitches and internal approvals
- Conduct in-depth financial, industry, and economic analysis to evaluate transaction risk and support credit conclusions
- Work with industry coverage teams and Risk partners to originate and screen new opportunities for strategic fit, credit quality, and target market alignment
- Support transaction structuring and diligence execution to ensure timely responses on financing opportunities and other client inquiries
- Affiliate with ongoing portfolio monitoring and credit-related responsibilities post-closing
Requirements
- 3+ years of experience in banking or finance
- Strong financial statement analysis, credit assessment, and financial modeling skills
- Working knowledge of leveraged finance, sponsor-backed transactions, and corporate banking products
- Strong organizational skills with the ability to manage multiple workstreams simultaneously
- SIE, Series 63 & 79 licenses (or ability to obtain)
Qualifications
- Degree in Finance/Accounting or closely related areas of Business Administration