Citi Commercial Bank - Loan Syndications Associate
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Job Overview
The Loan Syndications Associate will be responsible for providing analytical and execution support to deliver customized debt solutions to Citi's Commercial Bank clients. The Loan Syndications Associate is a critical member of a deal team, working directly with Vice Presidents and Senior Transactors as well as with colleagues across multiple groups in the bank to originate and execute transactions.
Responsibilities :
- Support deal origination by drafting pitch materials incorporating an analysis of capital structure, credit profile, publicly available data on companies and transactions, and industry research.
- Prepare market comparables, initial due diligence lists, deal pre-screen presentations, and draft indicative term sheets.
- Tracking and summarizing loan market conditions in client materials, with a focus on the Middle Market segment of the US Loan Market.
- Execute lead-arranged transactions by preparing organization books, drafting marketing materials (Confidential Information Memorandums, lender presentations, and pre-screening memorandums), organizing and managing bank meetings, participating in and tracking lender interaction and diligence, and managing the deal closing process.
- Support the review of financing documents, including commitment letters, fee letters, engagement letters, and credit agreements.
- Coordinate with other groups within Citi, including Coverage, Underwriting, Risk, and Operations as well as other product groups to meet pitch and deal-related deliverables and deadlines.
- Developing and maintaining effective industry relationships with legal counsel, external parties, clients (in collaboration with senior coverage officers).
- Developing and maintaining effective industry relationships with clients, lenders, legal counsel, and external parties (in collaboration with VPs and Senior Transactors).
- Develop business and credit judgment as well as to provide balanced assessments in working with internal team members and partners.
- Maintain a strong attention to detail, deliver high quality work product, and complete work in assigned timeframes.
Qualifications :
2-3 years of banking experience, preferably with loan syndication, asset-based finance, or capital markets experienceCompletion of formal credit training program preferredFundamental credit skills, including demonstrated ability to evaluate business, industry, financial performance, and structure / termsStrong financial and analytic skills, including proficiency with financial modeling and ability to rapidly assimilate complex informationExcellent command of Microsoft Suite, with an emphasis on PowerPoint and ExcelHigh level of energy, enthusiasm, and motivationTeam player, able to facilitate strong partnershipsDetail-oriented individual with strong organization ability and excellent communication, writing, and presentation skillsObtain and maintain required FINRA registration and licensingEducation :
Bachelors / University degree or equivalent experienceThis job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.