Investment Banking Associate - Industrials

Citigroup Inc.; Chicago (IL); Hybrid; USD 175,000 - 225,000; Full time

Benefits offered by this job

Hybrid work arrangement

Structured development programs

Global deal exposure

Mentoring and teamwork culture

Competitive compensation and wellbeing

Job summary

Citigroup Inc. in Chicago is seeking an Investment Banking Associate for the Industrials coverage team. You will advise corporate clients on mergers, acquisitions, and capital markets, serving as a strategic advisor on capital raises and complex transactions.

You will support deal structuring, perform detailed financial analyses, and mentor junior analysts while expanding Citi's Industrials franchise with new business opportunities. A hybrid work model is offered.

Qualifications

• 5–8 years of investment banking or related advisory experience.
• Experience evaluating transactions and supporting M&A execution.
• Ability to build/interpret valuation models and analyses.
• Clear, concise communication of complex concepts.
• Licenses: Series 79 and Series 63 on hire or already held.
• Bachelor's degree in Finance, Business Administration, or related field.

Responsibilities

• Advise clients on mergers, acquisitions, and capital strategies.
• Execute M&A and capital markets transactions with deep financial analysis.
• Develop financial analyses, including valuations and structure reviews.
• Mentor junior analysts and manage information flow.
• Grow Citi's Industrials franchise through client relationships.
• Monitor market trends to identify opportunities and risks.
• Ensure decisions align with regulatory and ethical standards.

Skills

Investment banking experience

M&A execution support

Financial analysis & valuation

Strong communication

Licenses: Series 79 & 63

Bachelor's in Finance/Business

Education

Bachelor's degree in Finance or Business

MBA (beneficial)

Job description

Citi is looking for an Investment Banking Associate to join our Industrials coverage team, playing a key role in advising clients on mergers, acquisitions, and capital markets transactions. In this position, you will serve as a strategic advisor to corporate clients — helping them raise capital, evaluate complex transactions, and navigate significant business decisions. Sitting within Citi's Institutional Banking business, this role offers the opportunity to work on high-impact mandates while contributing directly to the growth of one of the world's most connected financial institutions.

Responsibilities

• Advise corporate clients on mergers, acquisitions, and capital raising strategies, acting as a trusted partner across the full transaction lifecycle.
• Execute M&A and capital markets transactions, applying deep financial expertise to support deal structuring, analysis, and execution.
• Develop and review detailed financial analyses, including valuation models, transaction assessments, and corporate structure evaluations.
• Guide and mentor junior analysts by providing structured feedback, managing information flow, and sharing relevant credit and exposure context to support their development.
• Build and develop client relationships by tracking business development opportunities and contributing to the growth of Citi's Industrials franchise.
• Monitor industry trends and gather market intelligence to support client advisory work and identify new business opportunities.
• Evaluate business decisions with a clear focus on risk, ensuring all activities align with regulatory requirements and uphold the highest standards of ethical conduct.

Required Qualifications & Skills

• 5 to 8 years of experience in investment banking or a closely related financial advisory role.
• Demonstrated ability to evaluate corporate transactions and structures, with hands‑on experience supporting M&A execution and capital raising processes.
• Skilled in building and interpreting financial analyses, including valuation models and transaction‑related financial assessments.
• Clear and confident communicator, with the ability to present complex financial concepts concisely in both written and verbal formats.
• Series 79 and Series 63 licenses, current or ability to obtain upon hire.
• Bachelor's degree in Finance, Business Administration, or a closely related field.

Beneficial Skills & Qualifications

• Master's degree in Business Administration (MBA) from an accredited institution.
• Prior experience in client development or business development activities within a banking or financial services environment.
• Familiarity with Industrials sector dynamics, including the ability to track and analyze industry trends to inform client advisory work.

What We Offer

At Citi, you will have the opportunity to work on complex, high‑profile transactions alongside experienced professionals in a collaborative and performance‑driven environment. We offer a strong platform for career progression, global reach, and the chance to make a genuine impact for clients across the Industrials sector.

• A hybrid working model offering 3 days in the office and 2 days working remotely, supporting a healthy balance between collaboration and flexibility.
• Access to structured learning and professional development programs to help you continue growing as an advisor and leader.
• Exposure to a global network of clients, colleagues, and deals, providing broad experience and long‑term career optionality.
• Mentoring opportunities and a team environment that values the development of individual talent alongside collective performance.
• Competitive compensation and financial wellbeing benefits reflective of your contribution and seniority.
• Wellbeing support and programs designed to help you sustain high performance across all areas of your professional and personal life.

Job Family Group:

Institutional Banking

Job Family:

Investment Banking

Time Type:

Full time

Primary Location:

Chicago Illinois United States

Primary Location Full Time Salary Range:

$175,000.00 - $225,000.00

• 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.

Most Relevant Skills

Please see the requirements listed above.

Anticipated Posting Close Date:

Aug 03, 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.

Illinois residents – AI Notice and Right

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. View Citi’s EEO Policy Statement and the Know Your Rights poster.