Citi Group Internships: Early Career Opportunities and Growth

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Citi Group offers internships in various fields, including finance, technology, and operations, to students and recent graduates.

These internships are designed to provide hands-on experience and skills development in a real-world setting.

Citi Group's internships are available in over 100 locations worldwide, giving participants the opportunity to work with a global team and gain international experience.

Interns can expect to work on real projects, collaborate with colleagues, and receive mentorship from experienced professionals.

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Getting Hired

Citi Group internships are highly competitive, with over 10,000 applications received for just 1,000 spots.

To increase your chances of getting hired, make sure your resume and cover letter are tailored to the specific internship you're applying for, as Citi Group looks for candidates who have done their research and can speak to how their skills align with the company's needs.

The interview process typically involves a combination of online assessments, phone or video interviews, and in-person interviews with Citi Group employees.

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It's essential to be prepared to answer behavioral questions that demonstrate your problem-solving skills, teamwork experience, and adaptability, as these are key qualities valued by Citi Group.

Citi Group's internship program is designed to last for 10-12 weeks, during which time you'll be working on real projects and contributing to the company's business goals.

The company offers a competitive stipend and relocation assistance to help make the internship experience as smooth as possible for its participants.

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Internship Focus Areas

At Citi Group, internships are offered in various focus areas, each providing a unique learning experience. One focus area is Risk Management, where interns gain hands-on experience in assessing and mitigating risks for a global firm.

Interns can work in different focus areas, such as operational risk management, consumer and commercial risk management, global risk review, or institutional clients group (ICG) risk. This experience helps build skills in quantitative, technical, and regulatory aspects of risk management.

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Some other focus areas include Corporate Banking, where interns learn fundamental accounting and financial statement analysis skills, participate in financial modeling, and develop and present innovative ideas and solutions to corporate clients. Banking is another focus area, with opportunities available in Investment Banking, Corporate Banking, Commercial Banking, and Capital Markets.

Here are some of the focus areas where interns can gain hands-on experience:

  • Risk Management
  • Corporate Banking
  • Banking
  • Finance
  • Enterprise Operations and Technology
  • ICG Technology Software Development

These focus areas provide a solid foundation for interns to build skills and knowledge in various areas, making them more competitive in the job market.

What is an Internship?

An internship is a great way to gain hands-on experience and build skills, especially in a field like banking. Internships are usually summer programs for undergraduate and graduate students.

Citi's internship programs are paid, which is a big plus. Successful interns may even receive a full-time offer at the end of their program.

Interns at Citi learn through a combination of practical experiences, classroom training, seminars, and networking events. This helps them gain a broad understanding of the company and its culture.

The internship program at Citi starts with an orientation, where students learn about the team they'll work on and the company's history and culture.

Internship Eligibility

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To be eligible for a Citibank internship, you'll need to meet certain criteria, which vary depending on the program and location.

Students must be authorized to work in the U.S. to participate in a Citibank internship.

Analysts must be in their junior year of undergraduate education or enrolled in a master’s program to be eligible for a Citibank internship.

Associates must be in their final year of an advanced degree, such as a J.D. or Ph.D.

Students must have a track record of strong academic performance and relevant skills or experiences.

GPA requirements vary depending on the program, ranging from a minimum of 3.0 to 3.5.

Here's a quick breakdown of the GPA requirements for different programs:

Summer internships at Citi are 10-12 week programs, and students can apply for either summer analyst or summer associate roles, depending on their academic status.

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Personal Banking and Wealth Management

If you're interested in a career in personal banking and wealth management, Citi offers a range of internship programs that can help you get started.

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You can choose from two main areas: U.S. Personal Banking and Citi Global Wealth. In U.S. Personal Banking, you'll gain immersion in a business area like retail banking, branded cards, or marketing, and learn from mentors across various levels within the bank.

Citi Global Wealth is perfect for students who want to explore careers in investments, wealth planning, banking, and lending while helping wealth management professionals deliver bespoke client services.

If you're more tech-savvy, you might be interested in Citi's Personal Banking and Wealth Management Technology (PBWMT) program. This internship is designed for students pursuing degrees in technical or analytical areas, like cybersecurity, information technology, or computer science.

Within the PBWMT program, you can choose from three tracks: software development, data and analytics, or analyst. Software development focuses on app development skills and a strong knowledge of Java and Angular frameworks.

Data and analytics is perfect for students with experience or interest in machine learning, data visualization, and data engineering. The analyst track focuses on project and product management.

Here are the three tracks in the PBWMT program:

Compliance

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Compliance is a key focus area for internships, allowing students to learn vital technical skills and make procedures more efficient and effective.

The compliance internship at Citi is a 10-week program that provides students with hands-on experience in finding ways to improve compliance procedures.

Interns can focus on different areas of compliance, such as financial crime compliance, regulatory management, and cross-enterprise compliance, under the guidance of mentors and peers.

Internship Programs

Citi offers a range of internship programs across various business areas, including corporate banking, investment banking, commercial banking, and more.

You can choose from a variety of programs, such as the BCMA corporate banking internship, investment banking internship, Citi Commercial Bank Program, and others. These programs provide hands-on experience and the opportunity to develop valuable skills in areas like financial analysis, modeling, and commercial lending.

Depending on the program, you may have the chance to work with clients, perform research and due diligence, and craft business valuation models. You'll also have the opportunity to develop skills in areas like PowerPoint, Excel, financial modeling, forecasting, valuation, and more.

Additional reading: Angel Investment Group

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Some programs, like the investment banking internship, require students to have a GPA of 3.5 or above, while others, like the technology internships, may have lower GPA requirements and a focus on technical skills.

Summer internships at Citi are 10-12 week programs that provide practical training, networking opportunities, and a chance to explore career options within the company.

Here are some of the internship programs available at Citi:

  • BCMA corporate banking internship
  • Investment banking internship
  • Citi Commercial Bank Program
  • Public finance internship
  • Capital markets internship
  • Quantitative analysis internship
  • Treasury and trade solutions internship
  • Securities services internship
  • Institutional Clients Group (ICG) technology internship
  • Sales and trading program
  • Equity research internship
  • Operations internship
  • Personal banking and wealth management internships
  • Personal banking and wealth management technology (PBWMT) program
  • Enterprise operations and technology (EO&T) internship
  • Technology internship
  • ICG Technology Software Development internship

These programs are designed to provide students with hands-on experience and the opportunity to develop valuable skills in areas like financial analysis, modeling, and commercial lending.

Risk Management

Risk Management is a crucial aspect of any global firm, and Citibank's internship program offers hands-on experience in this area. Interns can work in different focus areas to gain a comprehensive understanding of risk management.

In Citibank's risk management internship, students gain hands-on experience in the quantitative, technical, and regulatory aspects of assessing and mitigating risks. This experience can be invaluable in preparing students for a career in risk management.

Interns can work in different focus areas, such as operational risk management, consumer and commercial risk management, global risk review, or institutional clients group (ICG) risk. These focus areas provide a broad range of opportunities for students to explore and learn.

Program Opportunities

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At Citi, you can find a variety of programs to match your talent and ambition, regardless of your stage of studies. The Sophomore Leadership Program is a 10-week summer internship at Citi's NYC headquarters for second-year students.

You can explore different lines of business at Citibank, such as Banking, Capital Markets, and Advisory, Treasury and Trade Solutions, Investment Banking, Corporate Banking, and Capital Markets. The program provides exceptional sophomore students with training, mentorship, and exposure to different businesses within Citi's Institutional Clients Group.

There are also Early Insight Programs designed for freshmen and sophomores of diverse backgrounds, which include a two-day exploratory program, a two-day symposium, and an exclusive five-week virtual program. These programs provide an introductory education on various programs across the firm, technical skills, and career planning.

You can also apply for Internship Programs, which are available for students in their 2nd year of study. The internship length can vary across different locations from 10 weeks to 11 months, and it's a paid internship that exposes you to a mixture of training, social events, and professional experiences.

Here are some of the internship programs available at Citi:

  • Summer Analyst
  • Summer Associate
  • Off-cycle Internships

At the end of the internship, successful participants may be offered a Full-Time Analyst role, starting after graduation.

Frequently Asked Questions

Is it hard to get an internship at Citi?

Getting an internship at Citi can be challenging due to high competition, but strong candidates with good academic records and skills may have a good chance of being accepted. Competition for Citi internships is fierce, but the right qualifications can increase your chances.

Tasha Schumm

Junior Writer

Tasha Schumm is a skilled writer with a passion for simplifying complex topics. With a focus on corporate taxation, business taxes, and related subjects, Tasha has established herself as a knowledgeable and engaging voice in the industry. Her articles cover a range of topics, from in-depth explanations of corporate taxation in the United States to informative lists and definitions of key business terms.

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