At a Glance
- Tasks: Conduct financial modelling and create pitch decks for a leading AI lab.
- Company: Join Mercor, a top investment banking firm with global reach.
- Benefits: $100–$130 per hour, with potential increases for high achievers.
- Other info: Flexible hours with opportunities for future projects and career growth.
- Why this job: Gain hands-on experience in investment banking while working on cutting-edge AI projects.
- Qualifications: 2+ years in investment banking and skills in financial analysis.
The predicted salary is between 130 - 130 £ per hour.
Mercor is recruiting U.S./UK/Canada/Europe/Australia based Investment Banking Experts for a research project with a leading foundational model AI lab.
Qualifications
- At least 2 years of experience working at top firms in investment banking
- Experience in at least one of the following:
- Financial Modeling
- Pitch Decks
- Investment/Analysis Summaries and Memos
- Company/Industry Analysis
Role Details
- Must be able to commit at least 10 hours per week for this role.
- This is a minimum 4 week engagement beginning in October, with potential for significant extension or rotation to similar, future projects.
- Successful contributions increase the odds that you are selected on future projects with Mercor.
Compensation
$100–$130 per hour with potential for increases for top performers.
Investment Banking Intern Summer Analyst in London employer: Obsidian
Mercor is an exceptional employer for aspiring investment banking professionals, offering a dynamic work culture that fosters innovation and collaboration. With competitive compensation and the opportunity to engage in meaningful projects with a leading AI lab, employees can expect significant growth opportunities and the chance to enhance their skills in a fast-paced environment. Located in a vibrant market, Mercor provides a unique platform for interns to make impactful contributions while building a robust professional network.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Banking Intern Summer Analyst in London
✨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 Intern Summer Analyst in London
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 Obsidian 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 Obsidian
✨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 Obsidian. Showing that you're keen to grow will resonate well, as internships are often about fostering new talent for the future!
