An Investment Banking (IB) Analyst at Citi makes, on average, a total of $154,000 per year. This figure combines an average base salary with additional variable compensation.
Understanding IB Analyst Compensation at Citi
Compensation for Investment Banking Analysts at Citi is typically structured into two main components: a base salary and additional pay. The total compensation reflects the demanding nature of the role and the high-stakes environment of investment banking.
Compensation Breakdown
Based on recent market data, the average compensation for an IB Analyst at Citi is broken down as follows:
Component | Average Annual Amount |
---|---|
Base Salary | $116,000 |
Average Additional Pay | $38,000 |
Total Average Pay | $154,000 |
The base salary is the fixed amount an analyst receives annually, paid out regularly (e.g., bi-weekly or monthly). This forms the stable core of their earnings.
Additional pay is variable and can significantly boost an analyst's total compensation. This component often includes:
- Cash Bonus: A significant portion of additional pay, awarded annually based on individual performance, team performance, and the firm's overall financial results.
- Stock (Restricted Stock Units - RSUs): Equity compensation that vests over time, designed to retain employees and align their interests with the company's long-term success.
- Profit Sharing: A portion of the company's profits distributed to employees.
- Commission: While less common for analysts than for sales roles, it can occasionally be a factor in specific departments or roles.
- Tips: Not applicable in an investment banking context.
These additional compensation elements are reflective of the performance-driven culture within investment banking. For more insights into investment banking salaries, reputable sources like Glassdoor provide extensive data and breakdowns for various roles and companies within the financial industry.