CA NeWs Beta*: Vacancy for CA in CITI Bank

Saturday, February 7, 2015

Vacancy for CA in CITI Bank

About (Name of Business Group)

Citi is a respected global leader in Investment Research and Analysis, with more than 300 analysts who follow more than 3,000 companies in dozens of industry groups and with securities trading in over 50 countries. We publish thousands of research reports annually on subjects ranging from promising new biotechnology discoveries to the dynamics of paper pricing in the global marketplace. Citi’s equities business is one of the largest and most established, both regionally and

globally. Our clients include the world’s leading institutional investors and high net worth individuals and we provide these clients with value-added, independent, insightful and actionable investment advice.

Role Outline/Job Summary

The successful candidate will join Citi Research’ Global Research Center (GRC) in Mumbai. The GRC in Mumbai is a full research office working with Equities Research, Fixed Income Research and the Market Quantitative Analysis team. It also handles various critical functions such as Research Distribution, Global Data Services and Risk Management.

A. ROLE & RESPONSIBILITIES

Day-to-Day Responsibilities:

The associate will work closely with the Singapore based Analyst to support his coverage of Singapore rig builders, shipyards and ASEAN hospital stocks. The Associate’s main responsibility is to support the analyst with coverage of existing companies. The associate would be required to take ownership of the models and help in writing sections of the report.

There will be thematic work alongside supporting daily coverage, including periodical products. The candidate will help prepare research presentations and research notes for internal and external consumption. The candidate will be required to develop, maintain and conduct analysis on a number of industry databases. The candidate will also be required to support earnings and work on bespoke client requests.

Skills

· Strong accounting background; should be able to understand and implement accounting concepts (e.g. being able to understand and model complex transactions)

· Strong financial statement analysis skills and valuation modeling skills (DCF and Relative Valuation).

· Ability to collect and analyse sector data based on secondary information. Ability to build market sizing models and understand industry dynamics, key trends and their implication on companies under coverage.

· Good data management and analysis skills and a high degree of comfort with Excel; should be comfortable in maintaining and updating existing models and databases.

· Good writing skills (good at structuring the report and articulating the key findings); ability to synthesise ideas in clear, logical, and precise written English.

· Strong interpersonal skills for dealing with companies and overseas colleagues.

· Ability to work under pressure, with minimal supervision, and in a team environment.

· The ideal candidate will be highly detail-oriented and will possess strong organisational skills.

Qualifications

A. QUALIFICATIONS

Ideally the candidate will hold one of CA (preferably from Big Four Accounting Firms) or MBA from a premier academic institution, and/or management consulting experience, with 3-4 years of relevant work-experience. The candidate should be a pragmatic "self starter" who is prepared to learn about various sectors - someone who can work both independently if the analyst is traveling or as part of a team.