The world of investment banking is a complicated, big, world with lots of career prospects. Some of the biggest businesses in the world are investment banking firms; there’s a lot of money involved. There are many different roles you can find in just one investment banking firm. Here’s a look at some of the best investment banking jobs.
- An underwriting job is of vital importance in the investment banking sector. Underwriting is basically how investment bankers gain more money from potential investors. They do it on behalf of corporations, governments, or other issuing bodies looking for investment. An underwriter must work closely with the issuing body to devise a plan and a price. It’s a fairly complex job that requires lots of effort. You’ll need a degree in a relative field to find work in this particular line.
- Someone who deals with and organizes trades for a company. This can be trading done on the stock exchange, forex, or capital asset exchange. Depending on the company you work for, your work could be slightly different. It’s all to do with the various trade markets that are in play, and how they operate. The three examples above have their own markets, and they all operate differently. But the main purpose of your job will be similar. You’ll help organize, originate and analyse potential trading opportunities. It’s a great job with lots of potential money. If you get good at it, you can find yourself shooting up the career ladder fast.
- A popular job in many investment banking firms. An advisor provides advice to firms on various things. Most commonly they advise on the risk-taking of the firm. Is a certain investment worth the risk or not? Is it beneficial to the company, or should it just be left alone? Also, there are financial advisors that work on the business finance side of things. They look at the business capital and make sure everything is in order. They’ll look to see if there are any problems with the budget if all the money is adding up. Advisory roles are either in-house or private, it depends on the firm you’re working for.
- A lot of investment banking analyst’s work revolves around transactions. Either the bank is looking to sell a company or buy a new one. They do lots of industry research to prepare for the transaction. They devise a plan for the pitch too, and can even present it. It’s very much a role that is there to directly support the managers of the firm. In this job, no two days are the same. You could be extremely busy one day, and then the next have very little to do.
Jobs in investment banking usually come with high financial rewards and are highly competitive. So it’s important that you find ways to stand out from the crowd. As well as being financially stable jobs, they’re very secure jobs for the future. They aren’t just for anyone though; you’ll need the relevant qualifications and education to succeed.