Charles N.
Charles N.
Investment Banking Associate: London

About Charles

Key Experiences

From Economics at university to investment banking at Citi
I studied Economics at university, including modules in Finance and Accounting, which initially got me interested in the world of finance more broadly, and investment banking more specifically. This was a potential career avenue which I wanted to explore and so, having finished my degree, I received an off-cycle 6-month internship at Citi.

The internship gave me a very good insight into how the different parts of finance intertwine and what would suit me best. My internship was extended a further 6 months, after which I joined the graduate scheme as a full time analyst and I haven't looked back.

Current Position

Analyst in the UK Corporate Broking team
I advise our corporate broking clients on a wide array of equity market issues, from regulatory requirements to dividend policy and current investor themes. We are the "eyes and ears" of corporates in the market and keep them abreast with relevant news, but also help them interact with the investment community, organising meetings with leading investors and helping craft the company's equity story. In addition, we also advise our clients on more strategic issues, such as raising capital in the equity markets, M&A (mergers and acquisitions) and capital returns (e.g. share buybacks).

In short, we are a blend between Equity Capital Markets, M&A and Markets, and we are the key relationship managers and first port of call at Citi for our clients.

Main Motivations

High client exposure and a diverse job
My job description requires me to be a jack of all trades, with knowledge of a wide array of issues ranging from the technicalities of the Takeover Code in an M&A situation to understanding the ebb and flow of the market and what drives share prices on any given day. As such, there is always a lot to learn and you never feel chained to a specific specialism. We also have to interact with many different teams within the bank, and I speak to Research, Sales, Traders and Investment Bankers most days.

Moreover, I have had relatively high client interaction from day one on the desk. Compared to most other teams, Corporate Broking juniors meet the CEOs (Chief Executive Officer) and CFOs (Chief Finance Officer) of the largest companies in the UK far more regularly, and we are given the opportunity to develop relationships much sooner. We are not just confined to sitting behind a spreadsheet all day long!

Top Advice

Consider as many teams as possible
You never know what banking will be like until you've spent some time doing it. Your first desk may not be the right one for you and it is only by spending time on different desks, or speaking to people in different teams, that you will get to know what you enjoy the most and what suits your strengths best.

Citi

For more than 200 years Citi has enabled growth and economic progress around the world. The company provides clients and customers with a broad range of financial services and products. Its aim is to create the best outcomes for them, using financial ingenuity to develop simple, creative and responsible solutions.

A career with Citi means being part of a global firm that provides the most forward-thinking financial products and solutions to the most enterprising corporations, institutions, governments and individuals around the world.

This is an opportunity to join the heart of the global financial services industry at a truly exciting period in its development. It’s an opportunity to work with the brightest minds to drive responsible, positive change across the organisation, the banking industry, and beyond.

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