Investment Banking Associate

Work at FMI•Raleigh, NC

15h•Onsite

About The Position

FMI Corporation is seeking a first-year Investment Banking Associate for FMI Capital Advisors, its registered broker/dealer and investment banking group, on the Contractors & Construction Services team in Raleigh, North Carolina. The team serves construction and service firms across commercial, industrial, and civil markets, advising building, specialty trade, and industrial contractors, heavy civil and infrastructure companies, and construction managers on M&A and other strategic transactions. The Associate will support multiple M&A transactions and manage day-to-day transaction components as part of the deal team. The role includes financial modeling, transaction execution, client interaction, business development support, and mentoring Analysts. The successful candidate will contribute to the team’s sector expertise and market presence in Energy Transition. This full-time role is based at FMI’s downtown Raleigh headquarters and requires 10% to 20% travel. Applicants must be legally authorized to work full-time in the United States; visa sponsorship is unavailable.

Requirements

Bachelor’s degree in business, finance, accounting, or a related field.
Two or more years of investment banking, private equity, or corporate development experience, with demonstrated experience supporting the M&A process from origination through close; alternatively, one or more years of similar experience paired with an MBA from a top-tier university; or two or more years of accounting experience, including quality of earnings and other transaction-focused financial diligence supporting M&A processes.
Strong quantitative and analytical skills, including financial modeling and financial statement analysis.
Proficiency in core valuation methodologies, including DCF, comparable companies, and precedent transactions.
Demonstrated leadership ability and sound independent judgment.
Excellent written, verbal, and listening skills, along with strong interpersonal and relationship-building abilities.
Superior organizational and time-management skills, with the ability to manage multiple projects in a fast-paced environment.
Demonstrated maturity, integrity, and ability to thrive in an entrepreneurial, team-oriented culture.
Genuine interest in the engineering and construction industry.
Legally authorized to work in the United States on a full-time basis.

Nice To Haves

Experience with PitchBook, S&P Capital IQ, and DealCloud.

Responsibilities

Support business development for Managing Directors, Directors, and Vice Presidents, including prospecting and participating in pitches.
Contribute to M&A deal execution by owning financial models, preparing materials, conducting diligence, and supporting documentation and closing.
Mentor and manage Analysts on engagements, reviewing their financial models, pitch materials, and client presentations for accuracy and strategic relevance.
Develop and maintain complex financial models, including DCF, LBO, and merger models, to support valuation and transaction structuring.
Develop sector expertise and market presence in Energy Transition, including attending industry events and authoring thought-leadership articles.
Contribute to client relationships by participating in meetings, preparing presentation materials, and communicating updates and analyses clearly and professionally.
Coordinate due diligence by liaising with clients, attorneys, accountants, and other stakeholders throughout the transaction lifecycle.