At a Glance
- Tasks: Enhance AI systems in investment banking through financial modelling and deal execution.
- Company: Join Mercor, a leader in AI collaboration for finance.
- Benefits: Competitive pay per task, performance bonuses, and potential hourly transition.
- Other info: Flexible project-based work with opportunities for ongoing engagement.
- Why this job: Make an impact on AI in finance while leveraging your investment banking expertise.
- Qualifications: 3+ years in investment banking with strong analytical skills.
The predicted salary is between 50000 - 70000 £ per year.
Mercor is partnering with leading AI labs to engage experienced investment banking professionals to improve AI systems' reasoning around financial modeling, deal execution, valuation, and capital markets. Contributors will apply their expertise in areas such as M&A advisory, equity and debt capital markets, leveraged finance, and restructuring to evaluate and enhance AI performance on investment banking-specific tasks. This is a project-based opportunity with potential for ongoing engagement depending on performance and project needs.
Key Responsibilities
- Review and evaluate AI-generated outputs related to financial modeling, valuation methodologies (DCF, comps, precedent transactions), pitch materials, and deal structuring.
- Create realistic scenarios based on investment banking workflows — deal screening, due diligence checklists, management presentations, fairness opinions, and syndication processes.
- Annotate, label, and validate data across IB use cases (e.g., financial statement analysis, capital structure optimization, market commentary).
- Provide structured feedback on AI accuracy in areas such as SEC regulations, deal documentation, financial terminology, and industry-specific conventions.
- Collaborate asynchronously with research teams to refine evaluation frameworks for financial services AI.
Ideal Qualifications
- 3+ years of professional experience at a bulge bracket, elite boutique, middle market, or regional investment bank.
- Background in one or more areas such as:
- M&A advisory
- Equity or debt capital markets (ECM/DCM)
- Leveraged finance or credit
- Restructuring or special situations
- Industry coverage groups (TMT, healthcare, industrials, FIG, etc.)
- Series 7, 63, 79 or CFA designation a plus.
- Strong analytical thinking and ability to translate deal workflows into structured evaluation tasks.
- Clear written communication and attention to detail.
Compensation Note
- Task Completion Pay: Competitive and based on task quality (~$1,750 – $2,150 per completed task, subject to change as the project evolves).
- Performance Bonus: Top performers receive a weekly bonus incentive on top of their per task rate!
- Hourly Opportunity: Top performers may be invited to transition to an hourly compensation model based on sustained quality and throughput.
Investment Banking Specialist - M&A Focus employer: Obsidian
Mercor is an exceptional employer for investment banking professionals, offering a unique opportunity to engage with cutting-edge AI technology in the financial sector. With a focus on collaboration and innovation, employees benefit from competitive compensation, performance bonuses, and the potential for ongoing engagement based on project needs. The work culture promotes professional growth and the chance to contribute meaningfully to the evolution of investment banking practices.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Banking Specialist - M&A Focus
✨Network Like a Pro
Get out there and connect with folks in the investment banking scene! Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your M&A expertise and any specific projects you've worked on. We want to see how you can bring value to their AI initiatives, so be ready to discuss your experience in financial modelling and deal execution!
✨Prepare for the Interview
Do your homework before any interviews! Brush up on the latest trends in AI and investment banking, and think about how your background fits into their needs. We suggest preparing some thoughtful questions to show you’re genuinely interested in the role and the company.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you on board!
We think you need these skills to ace Investment Banking Specialist - M&A Focus
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in investment banking, especially in M&A and capital markets. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects and achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about AI in investment banking and how your background makes you a perfect fit for this project-based opportunity. Keep it concise but impactful!
Showcase Your Analytical Skills:Since the role involves evaluating AI outputs and financial modelling, make sure to highlight your analytical thinking in your application. We love seeing examples of how you've tackled complex financial scenarios in the past.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it’s super easy to do!
How to prepare for a job interview at Obsidian
✨Know Your Financial Models
Brush up on your knowledge of financial modelling techniques like DCF, comps, and precedent transactions. Be ready to discuss how you've applied these methodologies in past roles, as this will show your expertise and understanding of the investment banking landscape.
✨Showcase Your M&A Experience
Prepare specific examples from your experience in M&A advisory or related fields. Highlight your role in deal execution, due diligence, and any challenges you faced. This will demonstrate your hands-on experience and ability to contribute effectively to the team.
✨Communicate Clearly
Since clear written communication is key, practice articulating your thoughts on complex financial concepts. You might be asked to explain your analysis or feedback on AI outputs, so being concise and precise will set you apart.
✨Engage with AI Concepts
Familiarise yourself with how AI is being integrated into investment banking processes. Be prepared to discuss how you can leverage your expertise to enhance AI performance in financial tasks, showing that you're not just a traditional banker but also forward-thinking.
