Associate - Financial Institutions Group

Our Financial Institutions Group (FIG) is a market‑leading platform advising banks, insurers, asset managers, fintech firms, specialty finance companies, and other financial services providers. We are seeking a highly motivated Associate to join FIG. The Associate will be an integral member of the team, supporting the origination and execution of a broad range of strategic advisory and capital‑raising transactions. This role requires strong analytical skills, excellent work ethic, and the ability to thrive in a fast‑paced, team‑oriented environment.

Key Responsibilities

• Transaction Execution: Lead and manage various aspects of live M&A, equity, and debt transactions, including financial modeling, valuation, due diligence coordination, and preparation of client deliverables.
• Client Interaction: Work closely with senior bankers to support relationships with key financial institution clients; participate in client meetings and contribute to strategic dialogue.
• Industry & Company Research: Conduct in‑depth industry analysis for financial institutions subsectors (e.g., banks, insurance, asset management, fintech) and maintain sector‑specific knowledge to support deal origination.
• Valuation & Modeling: Build, review, and refine complex financial models (DCF, LBO, merger, trading comps, precedent transactions) tailored to FIG‑specific metrics (e.g., embedded value, insurance reserves, regulatory capital ratios).
• Marketing Materials: Prepare pitch books, investor presentations, and marketing documents in collaboration with analysts and senior team members.
• Mentorship: Provide oversight, guidance, and training to junior team members; review analytical work products to ensure accuracy and completeness.
• Regulatory Awareness: Understand and factor in sector‑specific regulatory and accounting considerations affecting deal structures.

Qualifications

• Bachelor’s degree from a top‑tier institution; strong academic performance in finance, accounting, economics, or related field; MBA or other advanced degrees a plus.

Experience

• 3–5 years of investment banking experience within FIG. Demonstrated technical proficiency in Excel and PowerPoint, with advanced financial modeling skills.
• Deep understanding of FIG industry dynamics, sector drivers, and relevant accounting/regulatory frameworks (Basel III, Solvency II, IFRS/GAAP for insurers, etc.).
• Prior experience working on regulatory capital advisory, financial institution M&A, or capital markets transactions.

Personal Attributes

• Strong communication and presentation skills with ability to interact confidently with clients and senior bankers.
• Highly motivated, self‑starter with strong ethics and integrity.
• High degree of initiative and resourcefulness in solving complex problems.
• Adaptable to the dynamic demands of a global investment bank.
• Collaborative team player who values diversity of thought and opinion.
• Exceptional attention to detail, organisational skills, and ability to manage multiple workstreams concurrently.
• Resilient and able to perform under pressure with tight deadlines.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.