Investment Banking Associate Job Description

By | May 30, 2011

Investment banking associate job profile and description

The job of an investment banking associate is to study the available resources in the company and evaluate the feasibility of investments. He also studies various investment options that the company has recommends the best possible investment plan. An investment banking associate can either work for a company and recommend investments or provide investment advice to individual clients.

Investment banking associate duties and responsibilities

The duties and responsibilities of an investment banking associate are:

  • Studying all types of resources available in a company like financial resources, human resources and technical resources
  • Based on the study, recommending the best investment strategy
  • Studying the viability of issuing stocks of the company and if feasible preparing the paperwork for initial public offerings (IPO)
  • Recommending takeovers and mergers
  • Recommending the right investment strategies to individuals
  • Negotiating the agreement between companies regarding mergers or acquisitions
  • Managing the stocks until buyers are found
  • Documenting and organizing details of all financial transactions

Investment banking associate skills and specifications

The skills and specifications of an investment banking associate are:

  • A strong knowledge about investment strategies and different investment models
  • A strong knowledge about the rules and regulations regarding buying and selling stocks
  • Good communication skills in order to speak with the clients and understand their requirements
  • Excellent analysis and decision making skills
  • Excellent interpersonal relationships with customers
  • Ability to customize investment strategies according to the requirements of the client
  • Ability to gauge the ups and downs of the stock market

Investment banking associate education and qualification

The education and qualifications of an investment banking associate are:

  • A master’s degree in business administration with experience in financial or investment sector

Investment banking associates salary

The salary of an investment banking associate depends on the company n which he is employed. The salary may range from $35,000 to $90,000 per annum.