At a Glance
- Tasks: Evaluate financial models and collaborate with AI research teams to enhance investment banking capabilities.
- Company: Join Mercor, a leading tech company connecting talent with top AI research labs.
- Benefits: Earn $130/hour, work remotely, and gain valuable experience in investment banking.
- Other info: Flexible, fully remote role with opportunities for career growth.
- Why this job: Make a real impact on AI in finance while working with elite professionals.
- Qualifications: 2+ years in investment banking and expertise in financial modelling and analysis.
This range is provided by Mercor. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$130.00/hr - $130.00/hr
Company Introduction
Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark, General Catalyst, Peter Thiel, Adam D\'Angelo, Larry Summers, and Jack Dorsey.
Role Overview
- Position: Investment Banking Expert – Contract, Remote
- Commitment: At least 10 hours per week
- Duration: Minimum four weeks, starting in October
- Mission: Contribute to a research project with a leading foundational model AI lab. Enhance AI capabilities in investment banking domains.
Responsibilities
- Evaluate financial models, pitch decks, and investment summaries for accuracy and depth.
- Review company and industry analyses to ensure alignment with domain-specific principles.
- Provide feedback to AI research teams to improve the accuracy of model outputs in investment banking.
- Develop evaluation rubrics to assess the quality of AI-generated financial tasks.
- Collaborate with other experts to ensure consistency and relevance in training data.
- Work independently and asynchronously to meet project deadlines and improve AI model performance.
Requirements / Qualifications
Must-Have Qualifications
- At least 2 years of experience at top firms in investment banking
- Experience in Financial Modeling, Pitch Decks, Investment/Analysis Summaries, or Company/Industry Analysis
Preferred Qualifications
- Experience in multiple investment banking domains
Engagement Details
- Compensation: $130/hour, with potential increases for top performers
- Contract Type: At-will contractor
- Payment: Weekly via Stripe Connect
- Location: Remote
- Schedule: Fully asynchronous
Application Process
- Upload resume
- AI interview based on your resume
- Submit form
Resources & Support
- For details about the interview process and platform information, please check: https://talent.docs.mercor.com/welcome/welcome
- For any help or support, reach out to: support@mercor.com
Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.
Seniority level
- Internship
Employment type
- Contract
Job function
- Finance, Research, and Consulting
- Industries: Software Development
Referrals increase your chances of interviewing at Mercor by 2x
Investment Banking Summer Analyst employer: Mercor
Mercor is an exceptional employer that fosters a dynamic and innovative work culture, connecting top-tier talent with leading AI research labs. With a commitment to employee growth, Mercor offers flexible remote work opportunities and competitive compensation, ensuring that team members can thrive while contributing to cutting-edge projects in investment banking. Join us to be part of a collaborative environment where your expertise will directly impact the advancement of AI capabilities in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Banking Summer Analyst
✨Join Investment Clubs
Get involved in university investment clubs or finance societies. Not only will this boost your knowledge, but it’s a great way to network with like-minded peers, and sometimes they even bring in guest speakers from top firms. Plus, potential connections could keep you in the loop for internship openings!
✨Attend Financial Conferences
Keep an eye out for finance and investment conferences happening near you. These can be goldmines for internships, as many companies announce opportunities or give out networking leads at these events. Don’t forget to bring your A-game – dress smart and have your pitch ready!
✨Utilise Your University Resources
Most universities have career services specifically tailored to finance students. Take advantage of those workshops, CV reviews, and mock interviews they offer. They often have exclusive access to internship opportunities and can help you connect with alumni in asset management roles as well.
✨Dive into Relevant Projects
If you’ve got the chance, work on finance-related projects, even if they’re academic. Whether it's analysing stocks or creating mock portfolios, showcasing these on your LinkedIn or personal website can set you apart. It demonstrates initiative and gives you something to discuss during interviews!
We think you need these skills to ace Investment Banking Summer Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In the asset management game, analytical prowess is key. Make sure to showcase relevant coursework or projects where you've demonstrated skills in financial analysis or investment strategies. Numbers tell a story, so use metrics where possible to show your impact!
Tailor Your CV to the Investment Sector:Your CV should speak the language of investment. Use keywords related to asset management, such as portfolio analysis, performance measurement, and market research. If you’ve got any certifications or relevant coursework, pop them front and centre—it shows your commitment to learning!
Craft a Motivating Cover Letter:This is your chance to shine! Explain why you’re passionate about asset management and why you want to intern at Mercor specifically. We want to see your enthusiasm and your understanding of the industry, so don't be shy about expressing your learning goals.
Showcase Relevant Projects or Experience:If you've done any investment simulations, case studies, or even related internships, be sure to include these! Provide concrete examples of your roles and their outcomes, as they give us insight into how you think and approach problems in the field.
How to prepare for a job interview at Mercor
✨Know Your Numbers
Get comfy with financial metrics and concepts relevant to investment and asset management. Brush up on key ratios, portfolio theory, and market indicators, as interviewers might throw in some technical questions to see how you think on your feet and apply these concepts in real scenarios.
✨Show Your Passion for the Market
Make sure to stay updated on current market trends and news in the investment world. Bring specific examples of how recent events have impacted asset management strategies to the interview; this demonstrates not just your knowledge, but also your genuine interest in the field and your enthusiasm for investment analysis.
✨Prepare for Case Study Challenges
Be ready for case study exercises that simulate real-world investment scenarios. Practise analysing a given portfolio, identifying risks, and suggesting improvements. This practical experience will showcase your analytical skills and how you approach problem-solving in investment contexts.
✨Focus on Learning Potential
Since this is an internship, highlight your eagerness to learn and adapt. Talk about specific skills or knowledge areas you hope to develop during your time at Mercor. Showing that you're keen to grow will resonate well, as internships are often about fostering new talent for the future!
