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Bulge Bracket Investment BanksPosted 19 days ago
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**Citi Commercial Bank - Sponsor Coverage Associate, Assistant Vice President** Key responsibilities involve underwriting bank financings, building financial models, conducting industry analysis, and supporting approval processes. Works closely with senior bankers to originate and manage transactions, and engages with internal partners and industry coverage teams. Key requirements include 3+ years of banking/finance experience, strong financial analysis and modeling skills, knowledge of leveraged finance and corporate banking products, and relevant licenses (SIE, Series 63 & 79). Requires a degree in Finance/Accounting or related field.
- Compensation
- $136,800 – $205,200 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Citi Commercial Bank - Sponsor Coverage Associate, Assistant Vice President
Discover your future at Citi
Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, youll have the opportunity to grow your career, give back to your community and make a real impact.
Job Overview
The Sponsor Coverage team leads Citi Commercial Banks coverage of middle market financial sponsors. The team serves as the central point of coordination for all Commercial Bank sponsor activity, with core priorities that include originating and executing bank capital financings for sponsor-backed portfolio companies, expanding engagement with sponsors across industries and geographies, driving penetration of Treasury & Trade Solutions and Markets products, and partnering with Citis Financial Institutions group to deliver GP- and fundlevel TTS, Markets, and financing solutions.
The Sponsor Coverage Associate plays a critical execution role within this framework, with a primary focus on the underwriting and approval of financing transactions. Associates work closely with senior Sponsor Coverage bankers to originate new opportunities, lead detailed credit and financial analysis, and manage transactions through Citis internal credit approval process.
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
- Assist with ongoing portfolio monitoring and credit-related responsibilities post-closing
Recommended Qualifications
- 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)
Education:
- Degree in Finance/Accounting or closely related areas of Business Administration
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Job Family Group:
Commercial and Business Sales------------------------------------------------------
Job Family:
Commercial Product Sales------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$136,800.00 - $205,200.00
In addition to salary, Citis 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.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
Jun 01, 2026------------------------------------------------------
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.
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