Are you aware there are opportunities currently for Investment Banking Analyst Jobs in Chicago with Visa Sponsorship? Well, now you know, hurry and grab this opportunity.
How can I apply? That’s not a problem. In this blog, I will show you how you can apply and the requirements you have to apply. Keep scrolling down.
What does an Investment Banking Analyst do?
Investment banking analysts work at investment banks and offer financial services. They assess both the overall industry and market conditions, as well as the financial situation of their clients and their current investments.
However, their goal is to identify chances for clients to increase their profits in the future. To do this, analysts analyze existing information and study the stock market to find opportunities for clients to expand their investment portfolio, add diversity, or discover companies similar to their current investments.
Salary of Investment Banking Analyst
How much does an Investment Banking Analyst make in Chicago, IL? The average salary is $100,709 – $142,790 per year. While the per-hour salary range is $24.14 to $34.23.
However, the salary is based on their location, company, and experience. If you are employed with more years of experience, you receive more than the salary listed above.
Some Top Companies for Investment Banking Analysts in the United States
There are Top companies for Investment Banking Analyst Jobs in Chicago with Visa Sponsorship in the United States that offer high-paying jobs in this field. However, below are some of them:
| Companies | Per year | Per hour | Website |
| Selby Jennings | $100,000 – $307,277 | $14.55 – $80.00 | http://www.selbyjennings.com/ |
| Baird | $47,919 – $195,069 | $14.43 – $32.29 | http://www.rwbaird.com/ |
| William Blair & Company | $71,137 – $256,206 | $19.42 – $32.03 | https://www.williamblair.com/ |
| Jefferies LLC | $82,248 – $245,145 | http://www.jefferies.com/ | |
| Citi | $36,300 – $201,696 | $4,975 – $17,324 | http://www.citigroup.com/ |
| Bank of America | $35,000 – $156,574 | $13.75 – $69.65 | http://careers.bankofamerica.com/ |
| Wells Fargo | $33,000 – $168,722 | $10.00 – $54.85 | https://www.wellsfargojobs.com/en/well-life/ |
| Houlihan Lokey | $51,164 – $208,082 | $13.96 – $21.98 | http://www.hl.com/ |
| JPMorgan Chase & Co | $37,000 – $155,206 | $13.23 – $59.97 | https://www.jpmorganchase.com/ |
| Trust | $32,300 – $157,612 | $13.42 – $71.29 | https://www.truist.com/ |
Highest-paying cities for Investment Banking Analysts near the United States
Check out paying Investment Banking Analyst Jobs Chicago with Visa Sponsorship below:
| Cities Name | Per year Salary | Per hour |
| New York, NY | $125,987 – $246,217 | $30.20 – $59.02 |
| Charlotte, NC | $104,527 – $131,822 | $25.06 – $31.60 |
| Atlanta, GA | $101,377 – $138,760 | $24.30 – $33.26 |
| Houston, TX | $100,954 – $136,786 | $24.20 – $32.79 |
| Chicago, IL | $100,709 – $142,790 | $24.14 – $34.23 |
| San Francisco, CA | $96,811 – $126,106 | $23.21 – $30.23 |
| Los Angeles, CA | $86,105 – $154,348 | $20.64 – $37.00 |
| Boston, MA | $83,505 – $103,653 | $20.02 – $24.85 |
| Dallas, TX | $81,761 – $102,982 | $19.60 – $24.69 |
Job openings for Investment Banking Analysts in Chicago, IL
There are different jobs under investment banking analyst you can apply for with high salaries in Chicago, IL, some of these jobs include:
Knowledge Analyst – Consumer Banking
Salary: $61,500 – $99,000 per year
This is one of the jobs to apply for with the wealth management skills required. While the education aspect requires a bachelor’s degree. You must also have 1-2 years of relevant work experience required, good in English and also. Your role is to provide end-to-end qualitative research support.
Business and Industrial Services Investment Banking Senior Analyst
- $96,834 $147,000 per year
- $23.21 per hour
You must have 1 or 2 years of experience and a bachelor’s degree. However, your work is to Support senior bankers in transaction execution and client management. However, there are other roles to play.
Financial Institutions Group
$66,560.00 a year
You will need to be excellent in verbal and written communication skills. However, you are to research and provide material for picture books notes, presentations and other projects.
Experienced Investment Banking Analyst
Average range of $27,646 – $51,606.
You will be paid high with lots of benefits. Some of the benefits include paid time off, profit sharing, 401(k) matching, etc. Furthermore, you are to provide analytical support on mergers and acquisitions, public offerings and other financial advisory services for our clients.
Investment Banking Summer Intern 2024
Salary: $20.00 – $25.00 an hour
You are required to have excellent oral and written communication skills. Your role is to construct financial analyses, including complex models and interact with clients and management teams.
Marketing Associate – Capital Markets & Investment Banking
$101,910 – $177,595 per year
You are to assist with the development and ongoing maintenance of marketing materials, including proofreading, data checking and timeliness. However, it required a 4-year degree and a minimum of 3-5 years of experience in marketing.
What to Do as an Investment Banking Analyst
Below are the roles played by investment banking analysts:
- Providing portfolio recommendations to clients based on data analysis.
- Understanding and applying analytics best practices.
- Proficiency in database technology.
- Possessing customer service expertise.
- Excelling in task prioritization and multitasking.
- Demonstrating proficiency in mathematics and statistics.
Skills
What skills help Investment Banking Analysts find jobs? However, below are common skills to keep in mind for the job:
- Accounting
- Analysis skills
- Communication skills
- Financial modeling
- Investment banking
- Microsoft Excel
- Microsoft Office
- Microsoft Powerpoint
- Microsoft Word
Requirement to Become an Investment Banking Analyst
If you enjoy working with numbers, statistics, and business clients and think it would make for a great job, consider becoming an investment banking analyst. Here’s a simplified guide on how to pursue this career path:
- Obtain a Bachelor of Science degree: Start by earning a Bachelor of Science degree in a field like finance or mathematics to kickstart your journey as an investment banking analyst.
- Build your network and gain experience through internships: Since investment banking is a highly competitive field, it’s crucial to network as much as possible and seek internships. Look for opportunities to intern in investment banking during your college years to expand your professional connections and enhance your chances of landing a job in this industry.
- Fulfill FINRA requirements: To work in investment banking, you’ll need to register with the Financial Industry Regulatory Authority (FINRA). This may involve passing security exams to obtain the necessary clearance.
- Consider certification: While not compulsory, obtaining a Chartered Financial Analyst (CFA) certification can significantly boost your prospects in the investment banking sector.
How to Apply
- Start by researching investment banking firms and identifying the ones that align with your career goals and interests.
- Tailor your resume to highlight relevant skills, experiences, and qualifications, including financial modeling, analytical abilities, and relevant coursework.
- Network extensively by attending industry events, connecting with professionals on LinkedIn, and seeking informational interviews to gain insights and referrals.
- Visit the career websites of target firms, (indeed, linkedin.com) and carefully follow their application instructions, which often involve submitting your resume and a well-crafted cover letter.
- Prepare for interviews by practicing common technical and behavioural questions, and be ready to discuss your passion for finance and your understanding of the industry.
- Stay persistent and patient, as the investment banking job application process can be highly competitive and may take time to yield results. Continuously improve your skills and knowledge to increase your chances of success.
Type of Visa Required
The type of visa you would typically need for an Investment Banking Analyst job in the United States is an H-1B visa. The H-1B visa is designed for foreign workers in speciality occupations, and it can be used by professionals in various fields, including finance and investment banking.
FAQs
What’s The Difference Between An Investment Banking Analyst And An Investment Banker?
Both professionals interact with clients and are commonly employed by investment banks, but there is a distinction in their roles. Investment banking analysts do not engage in the underwriting of capital funding, which is the primary responsibility of investment bankers.
What Hours Do Investment Banking Analysts Work?
Investment banking analysts work long and demanding hours, often exceeding 80 to 110 hours per week, aligning their schedules with the stock market’s activities. They are highly dedicated, sometimes working overnight to gather and analyze stock market data and create client presentations.
What Conditions Do Investment Banking Analysts Work In?
Investment banking analysts can work in various settings, including banks, bank offices, and even from home offices. While they primarily work on computers, their job carries significant pressure and unpredictability because it’s closely linked to the fluctuations and uncertainties of the stock market.
What’s The Job Outlook For Investment Banking Analysts?
According to the Bureau of Labor Statistics, financial analyst-type jobs like investment banking analysts are expected to rise 6% over the next decade.
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