Investment Banking Associate II Corporate Finance

Description

Citizens is seeking an experienced Investment Banking Associate to join our Corporate Finance (Industry Coverage) team focusing on Gaming, Leisure & Loading to support the team's senior professionals in industry-focused client development and originating, structuring, and executing debt capital markets, equity capital markets, and M&A transactions.

The Associate's responsibilities will include client development support and significant transaction involvement, with the ability to work on multiple projects and transactions concurrently. The Associate will play a critical role in developing industry-focused idea generation, working on deal teams and coordinating projects. The Associate would work directly with senior professionals on the Corporate Finance team and in partnership with Debt Capital Markets / Leveraged Finance, Equity Capital Markets, and M&A product groups, as well as Sponsor Coverage and Corporate Banking relationship teams to support origination and execution efforts for transactions. These include: acquisitions, leveraged buyouts, dividend recapitalizations, restructurings, refinancings, and equity raises.

This position offers an excellent opportunity to join a rapidly growing investment banking platform with market leading positions in middle market corporate and financial sponsor backed transactions. Through this experience the Associate will gain insight into the issues and considerations for management teams and shareholders at growing middle market companies, and exposure to strategic, financial, and capital decision making.

Primary responsibilities include

• Working with the senior bankers and other analysts/associates on the Gaming, Leisure & Lodging Corporate Finance team
• Additional exposure to and partnership with the Debt Capital Markets / Leveraged Finance, Equity Capital Markets, and M&A product groups, Sponsor Coverage and Corporate Banking relationship teams to develop idea decks that encompass, strategic alternatives, acquisition or opportunistic financing ideas and / 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 and maintain several key industry datasets
  • Analyzing financial model output and client information to prioritize data and present conclusions for discussion purposes
  • Preparing pitch materials for client meetings
• Creating thoughtful overviews of new platform investment opportunities or acquisition targets to be shared with clients and Sponsors
  • Support transaction screening and credit / underwriting approval processes and all required documentation, analysis, and meetings
• Playing a key leadership role throughout the transaction execution process
• Participating in accounting, business, and legal due diligence
• Preparing detailed transaction marketing materials including confidential information memoranda and lender / management presentations and virtual data rooms

Qualifications

• 4-5+ years of direct experience in M&A, Corporate Finance, Industry Coverage, Leveraged Finance / Capital Markets, Equity Research, or Buyside Equities
• Experience in Gaming, Leisure & Lodging is preferred
• Proven client interaction with excellent oral and written communication skills and the ability to express ideas in a persuasive, organized, and articulate manner
• Ability to function as part of a flat organization, manage several projects at once and work effectively as an individual and as part of multiple teams
• Ability to follow-up independently and consistently and play the critical role as the project manager on most assignments
• Demonstrated aptitude for quantitative and qualitative analysis with a solid understanding of financial statements, financial modeling and company / industry analysis
• Self-starting team player who can think strategically and excel in a fast-paced, entrepreneurial, challenging work environment
  • High degree of maturity and integrity with a positive and hardworking attitude
• Excellent attention to detail
  • Ability to immediately contribute to the group based on experience and help transfer best practices and knowledge
  • Full command of Microsoft Word, Excel, and PowerPoint
• Experience with related financial services software including S&P CapitalIQ, Bloomberg, FactSet, Pitchbook, AlphaSense, etc.

Education, Certifications and/or Other Professional Credentials

• Undergraduate degree with a strong academic record from a leading university.
• MBA not required but a plus
• Attendance in a formal investment or corporate banking training program preferred, but not required
• For the Associate role, FINRA Series 79 (or 7) and Series 63 required and /or willingness to obtain licenses within required timeframe.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: Monday to Friday

Pay Transparency

The salary for this position is $200,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the 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 very local and state jurisdiction in the United States. For an overview of our benefits, visit

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

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.

Why Work for UsAt Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.