Join us for our Industry Day In the Life: this time, we’re chatting to Jess, an Investment Banker. Let us know whose day in the life you want to know about, and ASK ENID.
Let me introduce myself… My name is Jess, I am 25 years old, I am an Investment Banking Analyst and I studied a Bachelor of Commerce/Economics.
My job in a nutshell… As a first year analyst in investment banking you cover a broad range of tasks from administrative team duties, such as maintaining the team trading comparables database, to more stimulating financial modelling and complex financial analyses. The most exciting part of the job, however, is belonging to a deal team and working on live execution with some of the sharpest minds you will ever encounter. Working on a deal involves excel modelling and valuation, due diligence sessions with lawyers and accountants, internal team meetings to discuss concepts and strategies, and meetings with the CEOs and CFOs, sometimes of large ASX 200 companies.
Skills you’ll need… Given investment banking is a very team oriented and client facing profession, skills such as communication, patience, and being able to act as a team player are integral. The job is also very fast paced and requires you to be able to think on your feet, while still paying considerable attention to detail.
This job is for you… If you like numbers, meetings, working in a team and get bored easily – there is always something to do!
Avoid this job if… If you love sleep or are not great at adapting to changing plans. Investment banking is an exciting and stimulating career choice, and while it presents more than its fair share of challenges, notably the work-life imbalance, the rewards and the doors opened as a result of working in the profession are well worth it.