Citigroup, Inc

GSMG Research Senior Associate / Commercial MBS

Citigroup, Inc • $150K — $175K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 2-8 years of experience in the CMBS/CRE market preferred
  • MBA or graduate degree and/or CFA preferred
  • SIE, Series 63 & 7 required within 180 days if not already obtained
  • Good knowledge of accounting and modeling with a credit focus
  • Python, SQL, and quantitative skills needed
  • Experience supporting senior research analysts
  • Strong communication and writing skills required

Responsibilities

  • Identify and analyze trends in the CMBS market for publishing research
  • Assist senior team members with data and analysis requests
  • Engage with clients to share market insights and recommendations
  • Break down complex ideas clearly in both writing and verbal communication
  • Maintain and update existing company financial models and relative value sheets
  • Assist in publishing earnings previews, initiation reports, and other research products
  • Coordinate investor meetings and conference calls with consultants

Benefits

  • Medical, dental, and vision coverage
  • 401(k) plan
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off including vacation and sick leave
  • Paid holidays
Full Job Description
The Research Sr Associate is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.

Responsibilities:
  • Identify and analyze recent trends in the commercial mortgage-backed securities (CMBS) market with the goal of publishing cutting edge research. Focus of articles would range from fundamentals and collateral analysis to supply and demand trends, valuations, and positioning recommendations.
  • Assist senior members of the team with analysis and data requests.
  • Interact with clients remotely and in person to share market views and recommendations.
  • Have great analytical skills and the ability to breakdown complex ideas in writing and verbally.
  • The unit produces regular written research, hosts investor meetings with company management teams, holds conference calls with industry consultants and regularly communicates with clients (both internal and external)
  • Modeling: Maintaining & updating existing company models; creating new models; maintaining relative value sheets
  • Research: Assist with the publication of earnings previews/recaps, initiation reports, deep dive notes as well other group products
  • Communication: Assist with client inquires and requests (internal and external)
  • Events: Assist with coordination of investor meetings (management meeting & field trips) and conference calls with consultants
  • 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.

Recommended Qualifications:

  • 2-8 years of experience in the CMBS/CRE market preferred
  • MBA or graduate degree and/or CFA preferred.
  • SIE, Series 63 & 7. If you do not have these, you can obtain them within 180 days
  • Good knowledge of accounting and modelling with a credit focus
  • Python, SQL, Quant skill set
  • Experience in supporting senior research analysts
  • Comfort in dealing with large data sets preferred
  • Excellent inter-personal and writing skills
  • Attention to detail
  • Secure and maintain applicable licenses

Education:

  • Bachelors or graduate-level in a quantitative field


Job Family Group:
Research

Job Family:
Research Analysis

Time Type:
Full time

Primary Location:
New York New York United States

Primary Location Full Time Salary Range:
$150,000.00 - $175,000.00

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 complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date:
Aug 25, 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

About Citigroup, Inc

Citigroup is a financial services holding company that provides financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed-income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed-income research, corporate lending, investment banking, and advisory services, private banking, cash management, trade finance, and securities services. Citi is committed to sustainability and social responsibility, and the company invests in initiatives that promote economic progress.

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Learn more about Citigroup, Inc
Market Cap
$1.3 billion
Industry
Finance & Insurance
Net Income
$89.6 million
Founded
1812
5 Year Trend
+4.6%
NASDAQ
C
* Ladders Estimates

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