Equity Research Senior Associate, REITs

Citi; New York (NY); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k) plan

Paid time off & holidays

Job summary

Citi Research Sr Associate role involves applying in-depth knowledge to develop new techniques and improve workflows. You’ll contribute to global investment insights, work with management teams, and support client communications.

The position requires 5-8 years of experience, licenses (or willingness to obtain) Series 86/87/63/SIE, and an MBA/CFA is preferred. Strong analytical and communication skills are essential, with a focus on risk-aware decision making within Citi’s framework.

Qualifications

• Minimum 5-8 years of relevant experience.
• Licenses: Series 86, 87, 63 and SIE required or planned within 180 days.
• MBA or CFA preferred.
• Commercial real estate experience a plus.
• Strong accounting and financial modelling knowledge.

Responsibilities

• Deliver high-quality investment insights to credit investors globally.
• Host meetings with company management teams and discuss with clients.
• Maintain and update company models; develop relative value sheets.
• Assist with earnings previews, initiation reports, and deep-dive notes.
• Coordinate investor meetings and conference calls with consultants.
• Assess risk and ensure compliance with laws, policy, and ethical standards.

Skills

5-8 years experience

Series 86/87/63/SIE

MBA/CFA preferred

Education

Bachelor's degree or equivalent experience

Job description

The Research Sr Associate is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.

Responsibilities:

• Citi Research focuses on delivering high quality investment insights to credit investors on a global basis with a high emphasis on independence and objectivity in its products and insights
• The unit produces regular written research, hosts investor meetings with company management teams, holds conference calls with industry consultants and regularly communicates with clients (both internal and external)
• Modeling: Maintaining & updating existing company models; creating new models; maintaining relative value sheets
• Research: Assist with the publication of earnings previews/recaps, initiation reports, deep dive notes as well other group products
• Communication: Assist with client inquires and requests (internal and external)
• Events: Assist with coordination of investor meetings (management meeting & field trips) and conference calls with consultants
• Appropriately 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.

Recommended Qualifications:

• 5-8 years previous experience
• Series 86,87, 63 and the SIE are necessary for this role. If you do not have them, you will have 180 days to obtain them.
• MBA or graduate degree and/or CFA preferred.
• Commercial real estate industry experience a plus
• Good knowledge of accounting and financial modelling
• Attention to detail
• Secure and maintain applicable licenses

Education:

• Bachelor's/University degree or equivalent experience

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Primary Location Full Time Salary Range:

$150,000.00 - $175,000.00

• 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.
• 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.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Aug 13, 2026

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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.

Illinois residents – AI Notice and Right

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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.

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.

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