Banking, Investment Banking, Placement Analyst, Madrid - Spain 2027

Citi is actively seeking talented and ambitious Off-Cycle Analysts to join its dynamic Investment Banking team in Madrid, starting in January 2027. The Investment Banking group provides essential advisory services to corporate clients, assisting them with capital market fundraising initiatives and offering strategic support for a wide array of financial transactions. As an intern, you may contribute to projects involving mergers, acquisitions, divestitures, financial restructurings, as well as the underwriting and distribution of equity, debt, and derivative securities. No prior in-depth knowledge of these terms is required; our comprehensive internship program is specifically designed to enhance your understanding and equip you with the necessary skills. Regardless of your academic background, we are committed to providing the training and support essential for your success. We provide a foundational learning experience. The 6 month Internship Analyst program is set to commence in January 2027.

As an Off-Cycle Intern, you will become an integral member of the team and contribute directly to ongoing client projects and transaction execution. You will receive on-the-job training, mentorship and hands-on experience in a fast-paced and collaborative environment.

Responsibilities

• Diligently collect and meticulously analyse company-specific information to facilitate transaction execution, which includes conducting thorough industry research and organizing extensive financial data.

• Perform in-depth analysis of financial data and develop robust financial models, encompassing company valuations, discounted cash flow (DCF) analysis, financing structures, and comparative analyses.

• Generate and refine professional new business development presentations that effectively communicate complex financial concepts.

• Effectively coordinate tasks and workflow with both internal teams and external stakeholders, ensuring seamless project progression.

• Prepare all necessary internal documentation, including adherence to control and compliance regulations, to ensure operational integrity.

Additional Requirements

• A strong eagerness to cultivate a profound understanding of the financial industry and its intricate mechanisms.

• Exhibit intellectual curiosity, demonstrating a proactive and innovative approach to identifying and exploring new ideas and solutions.

• Possess excellent communication skills, coupled with strong planning and organizational abilities to manage multiple tasks effectively.

• A steadfast commitment to continuous personal growth and career development, including demonstrating adaptability and flexibility in a dynamic work environment.

• A fervent desire to learn, a proactive attitude, and an aptitude for establishing strong rapport and fostering collaborative relationships within team settings.

• An unquestionable commitment to maintaining the highest standards of integrity and ethical decision-making in all professional endeavours.

Qualifications

• Currently pursuing an undergraduate or master’s degree, or recently graduated.

• Expected to achieve, or have already achieved, a 2:1 (or equivalent) at the undergraduate level from any degree discipline.

• For graduates of Spanish universities, a grade of 7 or above is required.

• A genuine and demonstrable interest in business and finance.

• A strong academic record, reflecting intellectual capability and dedication.

• Fluency in both English and Spanish is mandatory, encompassing strong verbal and written communication skills in both languages.

We will recruit on a rolling basis, and therefore, we strongly encourage you to submit your application as soon as possible.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

---

Job Family Group:

Institutional Banking

---

Job Family:

Investment Banking

---

Time Type:

Full time

---

Primary Location Full Time Salary Range:

€37,600.00 - €56,400.00

---

Most Relevant Skills

Please see the requirements listed above.

---

Other Relevant Skills

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

---

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

*If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.