Banking, Investment Banking – FSG (Financial Strategy Group), Summer Analyst, London – United K[...]

You’re ready to bring your knowledge from the classroom to the boardroom and Citi wants to help you get there. Whether it’s honing your skills or building your network, we know that success can’t come without growth. Our programs equip you with the knowledge and training you need to play a valuable role on your team and establish a long-term career here. At Citi, we value internal mobility and career growth is not a question of if, but when.

Citi is looking for summer analysts to join the Financial Strategy Group (FSG), a corporate finance advisory team in Citi’s investment banking division. We deliver rigorous, data-driven, and actionable strategic corporate finance advice to Citi’s institutional clients globally, across industries and geographies. The group advises clients in M&A and capital markets transactions on the full spectrum of corporate finance issues; focusing on capital structure, credit ratings, funding strategy, valuation, cost of capital, capital allocation, and liquidity management, among others. Credit ratings advisory is a core focus of our work, and we support our clients on every aspect from initial ratings to ratings defence for M&A. To further establish Citi as a thought leader, the group also regularly produces broad thematic pieces on current topics that have significant implications for our clients.

We provide you with the knowledge and skills you need to succeed. We are committed to teaching you the ropes. The 10-week summer analyst program starts in June and begins with a one-week training program in London. After which you will be assigned to the Financial Strategy Group (FSG). Successful summer analysts will be considered for a full-time position in the Financial Strategy Group (FSG) after graduation.

Your time here will look something like this:

• Understand financial statement modelling, in particular the use of cash flow statements to perform various analytics.
• Understand the implications of various corporate actions (e.g. M&A and capital markets transactions) on a company’s financial profile and reflect the same in a financial model.
• Understand credit rating methodologies of the three major credit rating agencies (S&P, Moody’s, Fitch), and apply it to provide views on a company’s credit rating.
• Collect and analyse company financial information, conduct industry research, perform benchmarking with peer groups.
• Use statistical tools (e.g. Python) to perform regression analytics to determine drivers of valuation multiples for companies.
• Calculate a company’s WACC, understand the analytics to minimize WACC.
• Contribute towards creation of content for FSG’s thematic pieces.
• Work directly with senior leaders in the IB to generate novel and differentiated analytics to improve our understanding of clients’ investor base, capital structure and strategic actions, all the while creating efficiency and scale.
• Balance a broad set of deliverables ranging from direct client work to developing insightful and practical analytical models.

We want to hear from you if...

• You are in your penultimate/final year of university.
• Successful analysts come from top universities with degrees in a wide variety of fields including economics, engineering, finance, mathematics, and statistics.
• You have a keen interest in corporate finance with good knowledge of accounting.
• You are comfortable working with numbers / large amount of data.
• Have strong time management and communication skills in combination with core technical abilities.

Who we think will be a great fit...

• Commitment to personal growth and career development, a strong desire to learn, and success in team environments.
• Intellectual curiosity and proactive approach to searching for new and creative ideas.
• Strong analytical skills.
• Strong communication, planning, and organizational skills.
• Desire to develop a deep understanding of the financial industry.
• Unquestioned commitment to integrity and ethical decision-making.
• Demonstrated interest and initial ability to build scalable analytics using data science software (Python, R, SQL, etc.)
• Organizing and analyzing sophisticated financial data used in client proposals.

We will be recruiting on a rolling basis therefore we encourage you to apply as soon as possible. There is no deadline for applications. Successful candidates will be offered a competitive salary. The role will be based at 33 Canada Square Canary Wharf - London, E14 5LB, United Kingdom. The role currently offers a hybrid working model, with a mandatory three days in your assigned office, and an optional two days from home. Citi supports this business model, subject to business approval.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.