Equity Research Senior Associate, Upstream Energy, Assistant Vice President

Citi's Equity Research team is looking for an Equity Research Senior Associate to support a senior analyst covering the Upstream Energy sector. In this role, you will work alongside a senior analyst to develop research publications, maintain financial models, and engage with clients and company management teams, strengthening the quality and independence of Citi's equity research coverage.

• Support a senior equity research analyst covering Upstream Energy by contributing to all research processes, from financial modeling to publication.
• Develop and maintain detailed financial models for Upstream Energy companies, including earnings forecasts, relative value analyses, and scenario‑based frameworks.
• Assist in authoring equity research products such as earnings previews and recaps, initiation reports, and thematic deep‑dive notes, ensuring high analytical rigor and clarity.
• Respond to client inquiries from internal stakeholders and external investors, delivering timely and well‑reasoned analytical perspectives on covered companies and sector trends.
• Coordinate investor events, including management meetings, company field trips, and expert consultant calls, ensuring seamless execution and a strong client experience.
• Synthesize complex, multi‑source data into actionable investment insights that support the senior analyst’s views.
• Uphold the highest standards of compliance, ethical conduct, and regulatory adherence in all research activities.

• 5 to 8 years of experience in equity research or a closely related financial analysis discipline, supporting senior analysts on complex coverage.
• Solid foundation in accounting principles and financial modeling within an equity research context.
• Direct experience working alongside senior equity research analysts throughout the research publication lifecycle.
• Excellent written and interpersonal communication skills, capable of presenting complex ideas clearly to institutional clients and internal stakeholders.
• Active FINRA licenses: SIE, Series
  63, Series
  86, and Series
  87 (or commitment to obtain upon hire).
• Bachelor’s degree or equivalent professional experience.

• MBA, graduate degree, or CFA designation.
• Sector‑specific knowledge of Upstream Energy, including exploration and production dynamics, commodity markets, and valuation frameworks.
• Experience engaging directly with company management teams or institutional investors in a research or advisory capacity.

• Exposure to global institutional clients and cross‑regional research collaboration.
• Support toward obtaining and maintaining FINRA licenses, with access to learning resources and regulatory guidance.
• Structured learning and development opportunities, including industry training, mentorship from senior research professionals, and defined career progression pathways.
• A culture that values independent thinking and intellectual rigor, where analytical contributions directly influence research quality and client outcomes.
• Competitive compensation and financial wellness benefits commensurate with a senior‑level role at a leading global financial institution.
• Well‑being and family support programs designed to help you thrive both inside and outside of work.

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.

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