As a corporate investment banker you will provide a range of financial services to companies, institutions and governments. You will manage corporate, strategic and financial opportunities, including:
- bonds and shares;
- initial public offerings (IPOs).
You may also advise and lead management buyouts, raise capital, provide strategic advice to clients and identify and secure new deals.
Types of Corporate Investment Banker
Many investment banks deal in three main areas:
- corporate finance: you will provide specialist knowledge and advice on mergers and acquisitions, assisting clients with expansion to increase profitability, safeguard market position, diversify, and so on. You could manage the transaction process, assessing the target organization and the impact of the deal. This involves knowledge of legal and regulatory issues, in addition to sound financial knowledge and an in-depth understanding of the client’s industry;
- debt capital markets: involves working with lenders such as financial institutions, agencies and public and private companies in order to design and restructure debt obligations;
- equity capital markets: involves advising clients on how much capital to raise, from where and when, through research and analysis of products and markets.
- assessing a deal’s desirability, which is sometimes an innovative idea from the bank rather than the client;
- structuring and negotiating the detailed terms of a deal, often in liaison with other professionals;
- thoroughly researching market conditions and developments;
- identifying new business opportunities;
- carrying out financial modelling, then developing and presenting appropriate financial solutions to clients;
- liaising with the chief executive and chief finance officers of large organizations;
- co-ordinating teams of professionals, including accountants, lawyers and PR consultants and working closely with them.
Investment banks are interested in graduates from all disciplines, not just those with finance-related degrees.
- proven strong numerical and analytical skills;
- excellent team work and team leadership skills;
- communication and interpersonal skills;
- project and time management ability;
- dedication, energy and commitment;
- self confidence and the ability to make difficult decisions;
- the ability to work under pressure and cope well with stressful situations.