Location: New York,NY, USA
The Relationship Associate is an intermediate-level position responsible for assisting clients in raising funds in the capital markets, as well as in providing strategic advisory services for mergers, acquisitions and other types of financial transactions in coordination with the Institutional Banking team. The Relationship Associate also serves as an intermediary in trading for clients. The overall objective of this role is to act as a strategic advisor to our clients by formulating investment strategies and raising capital for clients.Responsibilities:Build relationships with various internal and external audiences to ensure timely problem resolutions and to provide support for a range of audience needs and servicesPerform financial and operational investigations, including credit, foreign exchange, cash management and trade services, ensuring timely resolution and client satisfactionAssist Banker with the preparation of relationship reviews and client portfoliosPartner with Product Partners and Relationship Managers to perform various activities for Know Your Client (KYC) requirements, including timely origination, monitoring, renewals and completion across all product and marketing levelsFacilitate credit originations, credit allocation, approvals, documentation, bookings, fee collections and renewals for Standby Letters of Credit and justify exceptions, as well as credit allocation from Parent Account Management teams and Credit Risk ManagementIdentify revenue opportunities, position certain products with clients and monitor billing and service queries, as well as correct mapping/marketing hierarchies in Citi Investment Strategies (CIS) to ensure revenues earned from all products are appropriately reflectedRepresent banking coverage team in client meetingsAssist with Banker activities in the absence of Banker, including making decisions and assisting in closing transactions, as neededAppropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:5-8 years of experienceBachelor's degree in Finance or closely related areas of Business AdministrationCredit skills/experience (i.e., financial accounting, commercial lending theories, industry awareness, loan structuring, etc.) preferredProven ability to learn and exert sound judgmentAbility to be client focused and results orientedConsistently demonstrate follow-up and organizational skillsConsistently demonstrate clear and concise written and verbal communicationProven planning, negotiation and analytical skillsConsistently demonstrate a professional attitudeSeries 7 and 63 licenses preferredEducation:Bachelor's degree/University degree or equivalent experience in Finance or closely related areas of Business AdministrationThis job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.Job Family Group: Institutional BankingJob Family:Corporate BankingTime Type:Full timePrimary Location:New York New York United StatesPrimary Location Full Time Salary Range:$98,960.00 - $148,440.00In 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.Anticipated Posting Close Date:Feb 24, 2025Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ( Citi ) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View the EEO is the Law poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting