At a Glance
- Tasks: Enhance AI systems in investment banking through financial modelling and deal execution.
- Company: Mercor, a leader in AI collaboration for finance.
- Benefits: Competitive pay per task, performance bonuses, and potential hourly opportunities.
- Other info: Flexible, project-based role with opportunities for ongoing engagement.
- Why this job: Join a cutting-edge project that shapes the future of finance with AI.
- Qualifications: 3+ years in investment banking; M&A or capital markets experience preferred.
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
- 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 in London employer: Obsidian
At Mercor, we pride ourselves on being an innovative employer that values the expertise of our investment banking professionals. Our collaborative work culture fosters continuous learning and growth, offering unique project-based opportunities that allow you to apply your skills in a cutting-edge AI environment. With competitive compensation and performance bonuses, we ensure that your contributions are recognised and rewarded, making Mercor an exceptional place to advance your career in investment banking.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Banking Specialist - M&A Focus in London
✨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!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in M&A advisory and capital markets. We want to see how you can bring your expertise to the table, so prepare some examples of your past successes to share!
✨Stay Updated on AI Trends
Since this role involves working with AI in finance, keep yourself in the loop about the latest trends and technologies. We recommend reading up on how AI is reshaping investment banking and think about how your skills can enhance these systems.
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing the job! We’re always on the lookout for talented individuals like you, and applying directly helps us see your application faster. Let’s get you started on this exciting journey!
We think you need these skills to ace Investment Banking Specialist - M&A Focus in London
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 you've worked on!
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 in past roles, as this will show your expertise and understanding of the investment banking landscape.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical thinking by discussing specific scenarios where you evaluated deal structures or capital markets strategies. Use examples that highlight your ability to translate complex workflows into structured tasks, which is crucial for the role.
✨Communicate Clearly
Since clear written communication is key, practice articulating your thoughts on financial concepts and AI applications. You might be asked to provide feedback on AI outputs, so being concise and precise in your explanations will set you apart.
✨Familiarise Yourself with AI in Finance
Research how AI is currently being used in investment banking, especially in M&A advisory and capital markets. Being able to discuss the intersection of finance and technology will show your forward-thinking approach and readiness to contribute to the project.
