2026 Investment Banking Off Cycle Internship Programme London - Energy (September start)

About Jefferies: Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 47 offices in 21 countries around the world, we offer insights and expertise to investors, companies and governments.

Energy Team Overview: Jefferies' Energy team in London offers a full range of investment banking services to clients globally. Our diverse client base covers a broad spectrum of companies, including multinational energy companies, upstream independents and entrepreneurs in energy transition (e.g. Biogas, Hydrogen, CCUS). The team works in close partnership with the Power, Utilities & Infrastructure and Industrials teams in London as well as the Houston based US Energy team.

What you can expect: Jefferies Investment Banking Interns have a unique opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees have the opportunity to make an immediate impact and gain recognition. Our Interns are exposed to the breadth of Jefferies’ offering across investment banking products and leading industry expertise by working closely with senior bankers on pitches and live deals. Our lean deal team structure will not only provide you with unparalleled hands-on experience, it will help you develop lasting personal and professional relationships with peers and senior bankers that will serve as the foundation for a successful career.

In addition to performing fundamental analysis and research into companies and markets, Interns are challenged to think creatively, offer their input, and add value to the team from day one. As with everyone at Jefferies, Interns are expected to pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity.

Responsibilities may include, but are not limited to:

• Performing financial valuation, discounted cash flow and multiples-based analysis
• Building and operating financial models
• Preparing pitchbooks and live deal materials, such as offering memorandums and prospectuses
• Conducting industry and product research
• Analysing detailed corporate and financial information
• Participating in the execution of M&A, equity and debt transactions

What we look for in a candidate: We look for candidates who are eager to make an impact by doing real, hands-on work and participating on active deal teams. Successful Jefferies Interns are able to multitask and manage a variety of projects simultaneously. Candidates must demonstrate professionalism and client management skills together with strong technical, written and verbal communication skills. The work is fast paced, challenging and intellectually stimulating. The ability to work under pressure and to meet challenging deadlines, be flexible and work both independently and as part of a team are essential traits of a successful candidate.

For candidates applying to the London office, fluency in English is required. Previous experience within corporate finance is also preferred.

What we like to offer you: We would like to offer you a 3-month internship within the Energy Team in the Investment Banking division. You will be based in our London office.

Start Date: We are looking for a September 2026 start.

Diversity, Equal Employment Opportunity, Reasonable Accommodations: At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences, and supporting a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity workplace. We practice equal opportunity for all, regardless of race, religion, ancestry, color, gender, pregnancy, age, physical or mental disability or medical condition, national origin, marital, family and social status, sexual orientation, gender identity or expression, genetic information, religion, trade union membership or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. In accordance with applicable law, we are dedicated to finding reasonable accommodations for candidates and employees’ religious practices and beliefs, as well as any mental health or physical disability needs. Please inform your recruiter should you require accommodations throughout your application process.