Investment Banking Associate, Financial & Strategic Investors (FSI)

Develop and manage relationships with financial sponsor clients, including private equity firms. Originate new business mandates from financial sponsors related to financial advisory, capital raising, and risk management. Liaise with product and industry coverage partners to deliver advice and drive transaction execution for financial sponsor clients and sponsor-backed portfolio companies. Perform complex financial analyses related to valuation, credit underwriting, mergers and acquisitions (M&A) and capital markets transactions. Drive idea generation related to new investment opportunities, including leveraged buyouts, minority stake investments and structured capital investments. Assist financial sponsor clients with portfolio monetization, including M&A processes, initial public offerings (IPOs), private placements and dividend recapitalizations. Lead internal credit approval process related to acquisition financings, dividend recapitalizations, re-financings and other credit transactions for private equity clients. Ensure risk and controls processes related to internal and external policies are adhered to by cross functional deal teams. Serve as technical subject matter expert in relevant accounting, corporate finance and capital markets concepts.

Responsibilities:

• Utilize knowledge of corporate finance, accounting, M&A, credit underwriting, business valuation and capital markets concepts in order to develop, review and present financial models related to valuation, M&A, and credit underwriting;
• Provide advisory services to private equity clients on capital raising, risk management, M&A, valuation and capital deployment;
• Analyze and interpret financial statements, equity research, economic data, credit rating reports, and accounting and business diligence in support of client transactions and advisory assignments, either in the form of modeling or credit analysis;
• Prepare and present credit analyses materials to senior stakeholders and decision-makers in support of credit underwriting and capital markets transactions;
• Conduct detailed credit analyses including modelling, credit worthiness assessment, and potential risks and mitigants identification; and
• Utilize financial data platforms including MergerMarket, LCD, FactSet and Capital IQ to help build out financial analyses and usable data.

Recommended Qualifications:

• 5-8 years of relevant experience
• Bachelor’s degree in Finance or closely related areas of Business Administration Master's degree in Business Administration
• Experience in evaluating corporate transactions and structures
• Experience creating financial analyses
• Demonstrated problem solving and organizational skills
• Consistently demonstrates clear and concise written and verbal communication skills
• Experience assisting with client development
• Ability to work with teams and track business development (collect research, analyze industry trends)
• Series 79 and 63 licenses

Education:

• Bachelor’s degree/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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## Job Family Group:

Institutional Banking

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## Job Family:

Investment Banking

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## Time Type:

Full time

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## Primary Location:

San Francisco California United States

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## Primary Location Full Time Salary Range:

$175,000.00 - $225,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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## Most Relevant Skills

Please see the requirements listed above.

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## Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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## Anticipated Posting Close Date:

Jun 12, 2026

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