Citi Singapore to offer summer interns full-time analyst jobs amid 'challenging times'

CITI Singapore will offer its 76 summer 2020 interns full-time analyst roles after graduation as long as they meet the minimum programme requirements of the internship, the bank said on Wednesday.

"The move is intended to remove as much uncertainty as possible for these undergraduates joining the workforce during these challenging times," Citi said in reference to the novel coronavirus pandemic.

The bank said the analyst role is the new name for its management associate programme.

More than 80 per cent of the summer interns are penultimate-year students from local universities while the rest are Singaporeans currently pursuing their undergraduate degree overseas.

Due to the Covid-19 pandemic, the start of the internship programme will be delayed to July from June, and its duration will be shortened to five weeks.

However, interns will still be fully paid for the original duration of the programme, which varies between 10 and 12 weeks depending on the division the student is attached to.

Depending on the situation, parts of the programme may be delivered virtually, the bank added.

The students will be attached to one of eight business or technology divisions in Citi Singapore. The divisions are Banking, Capital Markets and Advisory; Citi Commercial Bank; Citi Private Bank; Global Consumer Banking; International Personal Bank; Markets and Securities Services; Operations and Technology; and Treasury and Trade Solutions.