Investment Banking Associate - Financial Institutions Group (New York)

Raymond James•New York, NY

6d•$100,000 - $200,000•Onsite

About The Position

The Investment Banking Associate is a member of an industry-focused team in the Financial Institutions Group and plays an integral role in the department’s activities with a high level of responsibility. The role includes formulating new business proposals, developing company forecasts and valuations, evaluating merger and acquisition scenarios, and preparing documents related to public stock issuances. The position makes authoritative recommendations and develops innovative solutions by analyzing complex information, with recommendations that may significantly affect business performance and short- and long-term outcomes. It contributes to investment policy, operational policies, procedures, risk management, business planning, internal communications, and client and internal stakeholder relationships. The role also involves market and sector analysis, portfolio management, business and process analysis, and developing recommendations and plans for business needs. The associate typically works independently and provides guidance to others. The position is based in a resident workstyle and requires less than 25% travel. The salary range is $100,000–$200,000. Total compensation may include additional compensation, discretionary bonuses, or commissions. The position may offer benefits including medical, dental, vision, life insurance, critical illness and accident insurance, disability benefits, retirement savings, paid time off, and parental leave; eligibility and offerings may vary by position and employment status.

Requirements

Bachelor’s degree in Accounting, Business Administration, or Finance (listed as required).
3 to 6 years of general work experience.
Securities Industry Essentials Exam (SIE) certification from FINRA.
Advanced verbal communication, data analysis, numerical, research, planning, organizational, and policy interpretation skills.
Ability to work independently, provide guidance, and guide or train others.
Ability to analyze business processes, develop recommendations and business cases, and assess solutions based on costs, benefits, and stakeholder value.

Responsibilities

Formulate new business proposals; develop company forecasts and valuations; evaluate merger and acquisition scenarios; and prepare documents related to public stock issuances.
Make authoritative recommendations on technical or professional solutions that could improve business performance and significantly affect short- and long-term business outcomes.
Develop innovative solutions by integrating and analyzing complex and diverse information sources.
Develop functional or operational policies and help develop policy frameworks for the area or department.
Create underlying procedures and monitor their implementation.
Manage investment portfolios through in-depth market and sector analysis while maintaining external relationships.
Participate in formulating and evolving general investment policy.
Work with complex administrative processes and databases to develop and test procedures that meet organizational needs.
Develop short- or medium-term work schedules to achieve planned commitments; approve overtime or use additional resources as needed.
Build frameworks to assess the scope and context of short- and long-term business needs.
Act as a business partner to important internal customers and manage relationships, taking guidance from senior colleagues.
Develop or deliver plans for significant aspects of internal communications, with guidance from senior colleagues.
Develop and write highly visible materials, including sensitive press releases or speeches for critical audiences.
Develop or deliver contingency plans for significant aspects of risk management or risk control processes.
Analyze data and market conditions, develop recommendations and business cases, and assess potential solutions, costs, benefits, and value for stakeholders.
Document current and future states of business processes and products, conduct gap analysis, and identify changes needed to achieve desired outcomes.
Guide and train others in client account management, research, customer and market analysis, and identifying customer needs and opportunities.