US Banking and Finance Reporter

The Financial Times is looking for a dynamic and ambitious journalist to join its New York-based financial services team. The US banking and finance reporter will lead coverage of Citigroup, a former Wall Street titan undergoing a painful restructuring that has not yet resonated with investors. This company is a priority for the FT and, as such, the successful candidate will need to build a deep network of sources within the bank and its counter-parties to break stories and write compelling analysis pieces as chief executive Jane Fraser tries to turn the lender around. They will also be the lead reporter on Bank of America and Wells Fargo, while working with the US banking editor to cover Chase, JPMorgan’s huge retail banking franchise, and Goldman Sachs’ troubled foray into consumer lending. You will also be responsible for reporting on the state of the US economy via banks, credit providers and payments companies. With most economists predicting a recession next year, you will need to keep close tabs on the health of the American borrower. You must be able to synthesise data on the housing and mortgage market, consumer spending and credit quality, and pair it with on-the-ground reporting to generate a regular stream of stories on how the impending slowdown is playing out in the real economy.