Corporate Banking Sr Associate - Real Estate

Citigroup Inc.; New York (NY); On-site; USD 165,000 - 185,000; Full time

Job summary

Citigroup Inc. in New York seeks a Corporate Banking Senior Associate to support relationship management, credit underwriting, and transaction execution for Real Estate Corporate Banking clients.

The role sits between Analyst and Associate levels, with greater transaction leadership and mentorship responsibilities. The Senior Associate will work with Associates, VPs, Directors, and Managing Directors to deliver comprehensive financial solutions, including syndicated loans, debt and equity

Qualifications

• 4-7 years of experience in Corporate Banking, Investment Banking, Real Estate Finance, or Credit Risk Analysis.
• Advanced proficiency in Excel financial modeling and PowerPoint.
• Strong understanding of real estate valuation principles and corporate finance.

Responsibilities

• Lead the drafting and structuring of comprehensive credit memorandums and annual reviews.
• Conduct thorough credit analysis, including financial statement reviews and risk rating assessments.
• Monitor an assigned real estate client portfolio for covenant compliance and risk management.
• Develop, maintain, and stress-test cash flow models and valuation frameworks for real estate assets.
• Assist in deal structuring, underwriting, and execution of syndicated or bilateral facilities.
• Coordinate due diligence, review legal documentation, and interface with Risk, Legal, and Loan Syndications teams.
• Prepare pitch books and client presentations; participate in client calls and meetings.
• Provide guidance and mentorship to junior analysts, fostering a high-performing team environment.

Skills

Credit analysis

Financial modeling

Excel modeling

Client interaction

Team mentorship

Communication

Strategic planning

Education

Bachelor’s degree in Finance, Economics, Real Estate, Business Administration

Tools

Excel

PowerPoint

Job description

Position Summary

The Corporate Banking Senior Associate is responsible for assisting in relationship management, credit underwriting, and transaction execution for Citi’s Real Estate Corporate Banking (RECB) clients.

This role sits strategically between the Analyst and Associate levels. It is designed for an experienced professional who has mastered foundational financial modeling and credit analysis, and is ready to take on greater transaction leadership, direct client interaction, and mentorship of junior Analysts.

The Real Estate Corporate Banking group manages relationships with leading public Real Estate Investment Trusts (REITs), and large sponsors. The Senior Analyst will work closely with Associates, Vice Presidents, Directors, and Managing Directors to deliver comprehensive financial solutions, including syndicated loans, debt and equity capital markets products, derivatives, and treasury services.

1. Credit Underwriting & Portfolio Management

• Credit Memorandums:Lead the drafting and structuring of comprehensive credit memorandums, annual reviews, and quarterly monitoring reports for risk approval.
• Financial Analysis:Conduct thorough credit analysis, including detailed financial statement analysis, corporate structure reviews, and risk rating assessments.
• Portfolio Monitoring:Monitor an assigned portfolio of real estate corporate clients, ensuring strict compliance with financial covenants, tracking industry trends, and managing credit administration requirements.

2. Financial Modeling & Valuation

• Advanced Modeling:Develop, maintain, and stress-test complex cash flow models and valuation frameworks for diverse real estate asset classes (multifamily, industrial, office, retail, and lodging).
• Metrics Mastery:Analyze real estate-specific metrics, including Net Operating Income (NOI), Capitalization Rates, Loan-to-Value (LTV), Debt Service Coverage Ratio (DSCR), and Funds From Operations (FFO/AFFO).

3. Transaction Execution

• Deal Execution:Actively participate in the structuring, underwriting, and execution of syndicated and bilateral credit facilities, bridge loans, and construction loans.
• Due Diligence & Documentation:Coordinate due diligence processes, review legal documentation (credit agreements, term sheets, intercreditor agreements), and interface directly with Risk, Legal, and Loan Syndications teams.

4. Client Relationship & Business Development

• Pitch Materials:Assist in the preparation of high-quality pitch books, client presentations, and relationship reviews.
• Client Interface:Participate in client calls and meetings, addressing operational inquiries and supporting senior bankers in business development efforts.

5. Leadership & Mentorship

• Junior Guidance:Provide guidance, training, and quality-control support to junior Analysts within the team, helping to foster a collaborative and high-performing environment.

Qualifications

• Experience:4-7 years of relevant experience in Corporate Banking, Investment Banking, Real Estate Finance, or Credit Risk Analysis
• Technical Skills:Advanced proficiency in Excel financial modeling and PowerPoint. Strong understanding of corporate finance, accounting, and real estate valuation principles.
• Analytical Capabilities:Exceptional analytical and problem-solving skills, with a high level of attention to detail and accuracy.
• Communication:Excellent written and verbal communication skills, with the ability to articulate complex financial concepts clearly to senior management, risk partners, and clients.
• Work Ethic:Highly motivated, self-starter with the ability to manage multiple projects simultaneously under tight deadlines. Strong team player.
• Licensing:Series 79 and 63 licenses are a plus

Education

• Bachelor’s degree in Finance, Economics, Real Estate, Business Administration, or a related field with a strong academic record.

Other Skills

• Commitment to personal growth and career development
• A strong desire to learn and succeed in team environment
• Knowledge of the global or domestic business landscape is a plus, but not required
• Strong communication, planning, and organizational skills
• Passion for client service and a dedication to deliver the best results on every project
• Desire to develop a deep understanding of the financial industry
• Unquestioned commitment to integrity and ethical decision-making.

Job Family Group:

Institutional Banking

Job Family:

Corporate Banking

Time Type:

Full time

Primary Location:

New York New York United States

Primary Location Full Time Salary Range:

$165,000.00 - $185,000.00

In 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.

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:

Oct 12, 2026

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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