Distressed Corporate Debt Valuation Associate, Citi

Citi

Location:
United States, Irving

Category:
Finance

Contract Type:
Not provided

Salary:

96400.00 - 144600.00 USD / Year

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Job Description:

The Special Assets Team ("SA") plays a critical role in the management, assessment and valuation of Citi's Banking & International Risk (BIR) classified portfolio, which contains many of the firm’s stressed and distressed institutional loans and other assets. SA works closely with Business, Risk, and Legal teams across the Banking and International globally to achieve the most favorable outcome for the firm. The Valuation & Credit Analysis Team (VCAT), currently comprised of 30+ individuals globally within SA, specializes in providing detailed analysis on each company, including financial analysis, projections/valuation, classification analytics and detailed industry coverage.

Job Responsibility:

Preparation of valuation and restructuring analysis for stressed and distressed corporates and situations, including the determination of write-off, reserve and risk of loss amounts that directly impact the P&L of the firm
Assess liquidity, debt capacity and other areas of financial and operating performance to evaluate areas of weakness and potential for turnaround, which is measured by setting and monitoring appropriate classification triggers
Model companies' financial position to determine appropriate debt structure and accurate debt value using the most appropriate valuation methodology
Track ongoing performance of classified credits, reporting to senior credit and business management
Prepare quarterly classification documents with detailed financial and credit analyses in order to maintain appropriate classifications of Citi's loan assets
Actively work closely with other SA colleagues (Seniors Bankers and SCO-level transactors) to remain coordinated on the restructuring/valuation process and assess likely restructuring scenarios
Liaise with internal business and product areas in the bank, as well as external fund managers, advisors and consultants to develop deeper industry expertise
Assist with compliance with End User Computing (EUC) and Model Risk Management (MRM) Policy

Requirements:

Excellent knowledge of credit assessment techniques and policies of the bank
Ability to analyze and evaluate financial statements and business plans, across a range of industrial sectors
Understanding of corporate and debt structuring, with a particular understanding of bank loan documentation
Strong credit analysis and corporate financial modeling, including a range of valuation techniques (e.g. DCF, Comparable Companies, Comparable Transactions, etc.)
Strong inter-personal skills and communication skills, both written and verbally
High energy levels, ability to multi-task, shift through complexity and work under pressure
and Ability to work independently, as well make meaningful contributions as part of a team
Minimum 2 years of Banking or Risk Management experience

What we offer:

medical, dental & vision coverage
401(k)
life, accident, and disability insurance
and wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Additional Information:

Job Posted:
April 26, 2025

Expiration:
May 01, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Distressed Corporate Debt Valuation Associate

Citi

Location:United States, Irving

Category:Finance

Contract Type:Not provided