
Madeline
Investment Banking Associate
2 years at Citi
"There is a strong focus on retaining talent internally and room for advancement or rotational opportunities within Citi. The skill set you develop as an analyst at Citi is widely recognized – working at Citi will open doors to nearly any opportunity within finance or business."
My role:
The Citi Chicago investment banking team works on a broad array of transactions primarily related to industrials and mergers & acquisitions. Within industrials, we are focused on diversified industrials, services, mobility, automotive and metals & mining. We provide our clients with strategic advice and help them execute many different types of transactions, including mergers, acquisitions, IPOs, acquisition financings, separations and capital raises. In order to best leverage Citi’s capabilities to serve our clients, we work closely with product groups based in New York, typically the Leveraged Finance, Equity Capital Markets and Corporate Banking teams. We also work with other coverage banking groups across Citi, both domestically and internationally.
How I got started:
I joined Citi right after my graduation from Notre Dame in 2018. At Notre Dame, I developed an interest in investment banking, which I was able to explore via finance courses, activities, internships and by speaking to faculty, older students and alumni. I was excited to join Citi Chicago because of the combination of a strong global M&A and industrial platform in conjunction with the close-knit culture of a smaller, regional office.
A day in the life:
As an analyst, my primary role is to support the senior bankers in my group, which involves executing transactions we are mandated on, performing analyses to help advise clients and creating pitch materials to help Citi win new business. The work typically involves Excel and financial modeling, as well as industry/company research and qualitative analysis. Depending on the project, I may work closely with other product partners at Citi or our client. One of my favorite parts about the day-to-day is the variety of work – industrials is a broad coverage area and the needs of all of our clients are diverse. Even after two years in my role, I am constantly learning new things, and my Citi coworkers are always helpful and a great resource.
Skills check:
In addition to strong analytical skills, someone who would like to work in investment banking should have a strong work ethic, an ability to learn quickly and a positive attitude. During your time as an analyst, you will develop strong financial modeling skills, as well as industry knowledge. Clear communication and social skills are also essential. As you become more senior, building and maintaining strong client relationships are key to success.
Advice for others:
As an undergrad looking to break into investment banking at Citi, the best thing to do is to network with people a few years more senior, including students who have completed internships at Citi and junior bankers at Citi. They can provide great insight into the job as well as help you prepare for the recruiting process.
Where Citi can take you:
Citi can take you anywhere! There is a strong focus on retaining talent internally and room for advancement or rotational opportunities within Citi. The skill set you develop as an analyst at Citi is widely recognized – working at Citi will open doors to nearly any opportunity within finance or business.
Why Citi?
Citi provides an incredible balance of culture and unparalleled transaction experience. Citi’s environment is very collaborative – it’s a great place to learn and build relationships early in your career.
Network and affinity involvement:
I am involved in the EarlyID diversity recruiting at Citi, which has been a great way to identify talented candidates from diverse backgrounds to add to our team.