Relationship Associate - Power

Citi Group; New York (NY); On-site; USD 130,000 - 195,000; Full time

Job summary

Citi in New York is seeking a Relationship Associate to support clients in raising capital and providing strategic advisory on mergers and other transactions within Institutional Banking. You will act as an intermediary in trading and help formulate investment strategies while coordinating with product teams.

Key duties include building relationships, conducting credit and FX investigations, preparing relationship reviews, supporting KYC, facilitating credit originations and renewals, and

Qualifications

• 6–10 years of experience in banking or financial services.
• Bachelor's degree in finance or related business field.
• Credit skills/experience including lending theories and risk awareness.
• Knowledge of documentation requirements (ISDA/CSA, LC, credit docs).
• Strong client-focused, results-oriented mindset and communication.

Responsibilities

• Build relationships with internal and external audiences to support issue resolution.
• Perform financial and operational investigations across credit, FX, cash management.
• Assist Banker with relationship reviews and client portfolios.
• Support Know Your Client (KYC) processes and origination activities.
• Facilitate credit originations, documentation, and renewals for Standby Letters of Credit.
• Identify revenue opportunities and ensure revenues reflect products.
• Represent banking coverage in client meetings.
• Assist when Banker is unavailable in closing transactions.
• Assess risk and ensure compliance with laws and Citi policies.
• Support LC/SBLC issuance and transaction banking client needs.

Skills

Client focus

Analytical skills

Negotiation

Communication skills

Attention to detail

Relationship management

Education

Bachelor's degree in finance or related field

Master's degree preferred

Job description

The Relationship Associate is a senior-level position responsible for assisting clients in raising funds in the capital markets, as well as in providing strategic advisory services for mergers, acquisitions and other types of financial transactions in coordination with the Institutional Banking team. The Relationship Associate also serves as an intermediary in trading for clients. The overall objective of this role is to act as a strategic advisor to our clients by formulating investment strategies and raising capital for clients.

Responsibilities:

• Build relationships with various internal and external audiences to ensure timely problem resolutions and to provide support for a range of audience needs and services
• Perform financial and operational investigations, including credit, foreign exchange, cash management and trade services, ensuring timely resolution and client satisfaction
• Assist Banker with the preparation of relationship reviews and client portfolios
• Partner with Product Partners and Relationship Managers to perform various activities for Know Your Client (KYC) requirements, including timely origination, monitoring, renewals and completion across all product and marketing levels
• Facilitate credit originations, credit allocation, approvals, documentation, bookings, fee collections and renewals for Standby Letters of Credit and justify exceptions, as well as credit allocation from Parent Account Management teams and Credit Risk Management
• Identify revenue opportunities, position certain products with clients and monitor billing and service queries, as well as correct mapping/marketing hierarchies in Citi Investment Strategies (CIS) to ensure revenues earned from all products are appropriately reflected
• Represent banking coverage team in client meetings
• Assist with Banker activities in the absence of Banker, including making decisions and assisting in closing transactions, as needed
• 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.
• Help Clients with LC/SBLC issuance and related pre & Post processing needs
• Client management & servicing needs around Transaction Banking Products

Qualifications:

• 6-10 years of experience
• Bachelor's degree in finance or closely related areas of Business Administration
• Credit skills/experience (i.e., financial accounting, commercial lending theories, industry awareness, loan structuring, etc.) preferred
• Comprehensive knowledge of Support, Credit & Legal documentation requirements (e.g. Letters of Comfort, parent guarantees, LC's and their agreements, ISDA/CSA, Short Term Loan agreements, Cards Agreements, etc.)
• Comprehensive knowledge of the client's treasury model and philosophy (funding model, cash management strategy, decision making, subsidiary support policy, wallet sharing, who is in the bank group, etc.)
• Ability to be client focused and results oriented
• Consistently demonstrate follow-up and organizational skills
• Consistently demonstrate clear and concise written and verbal communication
• Proven planning, negotiation and analytical skills
• Consistently demonstrate a professional attitude

Education:

• Bachelor's degree/University degree or equivalent experience
• Master's degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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: $129,840.00 - $194,760.00

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 complementar