Investment Banking Associate - Debt Capital Markets

Citizens Bank; Boston (MA); On-site; USD 175,000 - 225,000; Full time

Job summary

Citizens Bank is seeking an experienced Debt Capital Markets Associate to support the aligned industry team in Boston. You will work on transactions from origination through closing, coordinating with managing directors, sponsors, and clients to craft financing structures and pricing guidance.

The role emphasizes financial modeling, rigorous analysis, due diligence, and the preparation of pitches and information memoranda, with leadership responsibility through the deal execution process and

Qualifications

• 4+ years experience in Investment Banking or Big 4 Deals Advisory.
• Bachelor's Degree in Finance or related field.
• Strong problem solving, analytical abilities, and academic excellence.

Responsibilities

• Develop new business ideas and pitch strategies for corporate clients and sponsors.
• Perform extensive financial statement modeling for transaction scenarios.
• Conduct company and industry research and analyze outputs for discussions.
• Prepare pitch materials and coordinate transaction structure and pricing guidance.
• Lead activities through the transaction execution process.
• Support due diligence, negotiations, and closing processes.

Skills

Investment Banking Experience

Leadership

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Finance or related field

Job description

Description

Citizens is seeking an experienced Debt Capital Markets Associate to support the aligned industry team. This position offers an excellent opportunity for you to join a rapidly growing investment banking platform with market leading positions in middle market corporate and sponsor backed transactions complemented by strong public equity research. As part of our team, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself!

While in this role, you will be significantly involved in transactions from origination through closing. Additionally, you should have the ability to work on multiple projects and transactions concurrently. Furthermore, you will play a critical role on deal terms and coordinating projects and will interact directly with managing directors, senior management, other groups within Citizens, client management terms, private equity firms, legal counsel, and professionals at other banks.

Primary responsibilities include

• Working with Managing Directors to develop new business ideas, pitch strategies or transaction financing scenarios to help corporate clients and financial sponsors achieve their financial and strategic objectives.
• Performing extensive financial statement modeling for a variety of transaction scenarios.
• Conducting comprehensive company and industry research.
• Analyzing financial model output and client information to prioritize data and present conclusions for discussion purposes.
• Coordinating with Managing Directors to provide indicative transaction structure and pricing guidance based on financial model and comparable transaction analysis.
• Preparing pitch materials for client meetings.
• Supporting Portfolio / Relationship Managers in transaction screening and credit / underwriting approval meetings to provide detailed overviews on clients and transactions and offer market insights and advice.
• Playing a key leadership role throughout the transaction execution process.
• Participating in accounting, business, and legal due diligence (with drafting sessions for public offerings).
• Working with legal counsel and clients / financial sponsors to draft and negotiate all legal documentation.
• Working with sales distribution team to develop syndication strategies with targeted investor lists and populate and manage data room information and access.
• Preparing detailed transaction marketing materials including confidential information memoranda and lender presentations.
• Organizing Ratings Agency Meetings, Lender meetings and Investor Roadshows for private and public debt offerings.
• Coordinating with sales distribution team to answer lender due diligence questions.
• Assisting clients, internal operations team, and investors through the closing process.

Qualifications, Education, Certifications and/or Other Professional Credentials

Required:

• We seek multi-faceted, results-driven, creative individuals ideally with 4+ years experience in Investment Banking or in the Big 4 Deals Advisory practice, who can generate ideas and execute them successfully as part of a dynamic team.

• Bachelors Degree in Finance or related field

  Preferred:

• You will need to demonstrate superior problem solving and analytical capabilities accompanied by evidence of academic excellence and a strong work ethic.
• You should have a track record of showing leadership and teamwork aptitudes, as well as display exceptional written and oral communication skills.

• A strong attention to detail and focus on quality of client deliverables is essential.

• Hours & Work Schedule
• Hours per Week: 40+ hours
• Work Schedule: In Office 4 day a week, role could be based in Boston or Charlotte
• The salary range for this position is $175,000 - $225,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.
• We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.