The average salary for an Early-Career Associate - Investment Banking in Chicago, Illinois is $75,848.
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Job Description for Associate - Investment Banking
Associates in investment banking are usually recent MBA graduates. They may also be internal staff, who were promoted after three or more years working experience as financial analysts. They perform extensive investment valuation analyses. They must be consumer-focused. They must have direct investment banking experience. Some employers require that associates maintain series 6 and/or 7 certifications, issued by the Financial Industry Regulatory Authority. They must be knowledgeable about …Read more
Associate - Investment Banking Tasks
- Manage client portfolios, evaluating profitability and conducting financial transactions.
- Attend meetings with clients and prepare presentations providing an overview of clients' investment portfolios.
- Analyze investment strategies, identify potential investments, and conduct risk assessments.
Associate - Investment Banking Job Listings
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Popular Skills for Associate - Investment Banking
Skills in Financial Analysis and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
Pay Difference by Location
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Employees with Associate - Investment Banking in their job title in San Francisco, California earn an average of 35.1% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (18.7% more) and New York, New York (15.4% more). The lowest salaries can be found in Wilmington, Delaware (15.3% less), Cleveland, Ohio (12.8% less) and Boston, Massachusetts (9.7% less).
Years of Experience
This data is based on 7 survey responses.
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