Investment Banking Recruitment

Selby Jennings is a Leading Talent Partner in Investment Banking

Investment Banking businesses and professional need a reliable recruitment partner, and Selby Jennings has, for 20 years, served the financial sciences & services industry’s permanent, contract and multi-hire requirements.

Here at Selby Jennings we take pride in what we do, streamlining processes and upskilling workforces across three continents, North America, Europe, and APAC, advising Investment Banking leaders with expert insights. From benchmarking compensation and benefits packages, to how to implement flexible working models, we assist financial services firms with the recruitment they need, as well as Investment Banking professionals throughout their career moves.

Whether you’re interested in securing the very best Corporate Banking talent or you’re an investment banker looking for your next Investment Banking Associate, Corporate Banking Analyst, or Corporate Banking Senior Associate role, the Selby Jennings Investment Banking is here, ready to connect exceptional talent to industry-leading clients.

If you're a Investment Banking professional, please register your CV/resume.

If you're looking for Investment Banking talent, please register your vacancy today.

What are the benefits of working with Selby Jennings for Investment Banking talent?

We are a specialist Investment Banking talent partner. Among the many benefits of working with Selby Jennings’ global Investment Banking team are:

Experience

We have 20 years of experience as a leading Investment Banking recruiter in financial sciences & services.

Network

A vast, global network of the best, in-demand professionals, working with the world’s largest financial institutions to innovative fintech start-ups and beyond.

Knowledge

Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news to help you achieve your goals.

At Selby Jennings, we believe in fostering long-term partnerships based on trust, integrity, and mutual success. Our Investment Banking recruitment consultants strive to provide personalized solutions tailored to your specific requirements, offering flexible options to accommodate your Investment Banking hiring preferences. Whether you need to fill critical positions quickly or are seeking strategic talent acquisition solutions, we have the resources and expertise to deliver results. Submit your vacancy to us today.

Take the first step towards overcoming your talent shortage today by completing the form. Our Investment Banking team looks forward to speaking with you to explore how we can partner with your organization to meet your Investment Banking recruitment needs efficiently and effectively.

Investment Banking Roles

The finance world is evolving, and Investment Banking professionals are key players in this arena. Partner with us here at Selby Jennings, and your career could benefit from our deep insights in the financial sciences & services industry. Review our current Investment Banking vacancies or submit your CV/resume, and one of our consultants will be in touch when an opportunity matches your profile.

Vice President, Financial Restructuring

Vice President - Financial Restructuring, London We are currently seeking a highly skilled and experienced individual to fill the role of Vice President - Financial Restructuring for our clients London office. Job Description: As a VP in the Financial Restructuring team you will be responsible for leading complex restructuring transactions across various industries including healthcare, real estate, consumer goods among others. You will work closely with senior management teams within distressed companies as well as private equity sponsors to provide strategic advice on how best they can navigate their businesses through difficult times. Qualifications: - A Bachelor's degree or higher from a reputable institution. - At least 6 years' experience working within Investment Banking specifically with exposure to Distressed Situations / Special Situations/Restructurings - Excellent analytical skills coupled by strong knowledge of accounting concepts such as valuation methodologies (DCF), debt instruments structures amongst others. -A proven track record leading high performing teams whilst managing multiple stakeholders relationships simultaneously Skills: -The ability build rapport quickly and effectively develop long term partnerships -Outstanding communication abilities both written & verbal -Proven project management expertise overseeing deals end-to-end delivering results under tight deadlines Our ideal candidate should have excellent interpersonal skills which enable them forge solid relationships at all levels; internally & externally . In addition ,they must possess outstanding leadership qualities having previously demonstrated success building effective teams while driving change initiatives resulting tangible outcomes . If you meet these requirements we would like hear from you! Please apply now using your most recent resume/CV

Negotiable

London

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Quantitative Energy Trader

I am partnered with an Energy hedge fund looking for a Quantitative Energy Trader. The ideal candidate will possess a strong background in quantitative finance, excellent analytical skills, and a deep understanding of energy markets. As a Quantitative Energy Trader, you will be responsible for developing and implementing trading strategies to capitalize on market opportunities, managing risk exposure, and maximizing profitability. The firm is looking for someone with a proven track record in these markets: MISO, PJM, CAISO, SPP, or ERCOT. Requirements: 🔶Positive track record trading in: MISO, PJM, CAISO, SPP, or ERCOT 🔶Fundamental knowledge of Energy Systems 🔶Conduct thorough analysis of energy markets, including supply and demand dynamics, price movements, and geopolitical factors influencing the energy sector. 🔶Utilize quantitative models and statistical techniques to develop trading strategies for various energy products, including crude oil, natural gas, electricity, and renewables. 🔶 Design, backtest, and implement algorithmic trading models to execute trading strategies efficiently and systematically. 🔶Work well in team environment

US$150000 - US$250000 per year + +bonus or PnL split

New York

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Investment Banking Senior Analyst

Investment Banking Senior Analyst will be responsible for: Building models from scratch. Preparing and presenting marketing materials to Senior Leadership and clients. Working through deals in a variety of sectors. Gain exposure to both the buy and sell-side of M&A. Investment Banking Senior Analyst should have the following qualifications: 1+ years of Investment Banking, Private Equity, or Corporate Development experience Bachelors in Business, Finance, Accounting, or related field Ability to perform data analysis as well as visualization methods If you are interested in the Investment Banking Senior Analyst role, then please don't wait to apply.

Negotiable

Houston

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M&A / Debt Advisory | Infrastructure | Associate | London

A leading financial advisory firm in London is looking for a dynamic and talented M&A / Debt Advisory Associate to join their Infrastructure Sector team. The company is known for its commitment to excellence and its impressive track record of success in the financial industry. As an M&A / Debt Advisory Associate in the Infrastructure Sector team, you will play a crucial role in assisting clients with mergers, acquisitions, and debt-related transactions within the infrastructure sector. This is a unique opportunity to work with a team of industry experts on high-impact projects and gain valuable experience in the field. Responsibilities: Conduct financial analysis and due diligence for M&A and debt advisory transactions. Assist in the preparation of client presentations and financial models. Conduct market research and stay updated on industry trends. Collaborate with cross-functional teams to ensure successful deal execution. Provide insightful recommendations to clients based on thorough analysis. Requirements: Bachelor's degree in Finance, Economics, or a related field. MBA or relevant certification is a plus 2-5 years of experience in investment banking, M&A, or debt advisory. Strong financial modelling and analytical skills. Excellent communication and presentation abilities. Knowledge of the infrastructure sector is preferred. Ability to work in a fast-paced and dynamic environment. Benefits: Competitive salary and performance-based bonuses. Comprehensive benefits package. Career growth opportunities within a respected financial advisory firm. Exposure to high-profile deals in the infrastructure sector. Collaborative and supportive team environment. If you are a driven and analytical professional with a passion for finance and a desire to excel in the M&A and debt advisory space, we would love to hear from you. Make your mark in the world of finance and contribute to the success of our clients and projects in the infrastructure sector. Apply today!

Negotiable

London

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Debt Advisory / M&A | Associate (Dutch Speaking) | Amsterdam

Are you an ambitious and talented Associate looking to make a significant impact in the world of investment banking? Here's your chance to be a part of a renowned independent corporate finance advisory boutique in the Benelux region specializing in M&A and Debt Advisory. Join a Well-Established Brand with High-Profile Deals! They are a brand leader in the Benelux financial landscape, known for their expertise in M&A and Debt Advisory. They have a strong reputation for delivering exceptional results to their clients. With an impressive track record of 25-30 deals per year ranging from £100-600 million and beyond, including larger-cap deals, you'll have the opportunity to work on exciting and diverse transactions. Qualifications: Master's degree and 3 to 7 years of experience in financial advisory, corporate finance, or investment banking, preferably in M&A, leveraged finance, industry team, or execution team. Strong deal execution track record, showcasing your ability to navigate and successfully close complex transactions. Fluent Dutch (preferred but not required) and excellent written and verbal English skills. Excellent analytical, project management, and interpersonal skills. Entrepreneurial mindset, collaborative mentality, and drive to succeed. Proficiency in valuation methodologies, accounting principles, and Excel modeling. What They Offer: A non-hierarchical environment based on openness and mutual respect. High level of responsibility within a framework of personal development and support. An entrepreneurial environment with a shared ambition to further grow the firm. The opportunity to work alongside the best professionals in a high international deal flow environment. Ability to work on a wide variety of assignments across various disciplines of their advisory service, allowing you to develop as an all-round corporate finance professional. Highly competitive salary and eligibility for bonuses. Don't miss this chance to be part of their dynamic and successful team. Apply today to join their well-established brand and contribute to high-profile deals in the investment banking industry!

Negotiable

Amsterdam

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Debt Advisory | Associates, VPs & Directors | London

Are you a seasoned finance professional with a passion for debt advisory? Do you possess a strong track record in delivering exceptional financial advice and solutions? If so, we invite you to join our client, a prestigious Financial Advisory firm, in the heart of London. Position Overview: Our client, a renowned player in the financial advisory industry, is seeking talented and experienced individuals to join their Debt Advisory team at various levels: Senior Analyst - Directors. This is a unique opportunity to work with a market-leading firm, advising a diverse range of clients on complex debt-related matters. Key Responsibilities: Provide expert debt advisory services to clients, helping them navigate financial challenges and opportunities. Develop and maintain strong client relationships, understanding their unique needs and delivering tailored solutions. Analyze financial data and market trends to generate insights and recommendations. Lead deal teams, manage transactions, and oversee the entire advisory process. Mentor and guide junior team members (applicable to VP and Director roles). Contribute to business development efforts, including identifying new clients and opportunities. Qualifications: Bachelor's degree in Finance, Economics, or a related field (Master's/MBA preferred for VP and Director roles). Significant experience in debt advisory, investment banking, or a related field. Strong financial modeling and analytical skills. Excellent communication and presentation abilities. Proven ability to manage client relationships and deal teams. For Director roles, a track record of successfully originating and executing deals is essential. What They Offer: A dynamic and collaborative work environment. Opportunities for career progression and development. Competitive compensation and benefits packages. Exposure to a wide range of challenging and impactful projects. The chance to work with a prestigious and confidential client base. How to Apply: If you are a results-driven finance professional with a passion for debt advisory, we want to hear from you! All applications will be treated with the utmost confidentiality. Our client is an equal opportunity employer and welcomes candidates from all backgrounds. Don't miss this opportunity to join a leading financial advisory firm in London and make a significant impact in the world of debt advisory. Apply today!

Negotiable

London

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M&A / Debt Advisory | Infrastructure Sector | London

Are you a dynamic professional in the finance industry, ready to take on new challenges? Our leading financial advisory firm in London is actively seeking candidates for positions ranging from Senior Analysts to Associates and Vice Presidents to join our esteemed Infrastructure Sector team. With a solid commitment to excellence and a proven track record of success, this is your chance to make a significant impact in the world of finance. For Senior Analysts, Associates, and Vice Presidents: As a crucial member of our Infrastructure Sector team, you will be instrumental in assisting clients with mergers, acquisitions, and debt-related transactions within the infrastructure sector. This is a unique opportunity to collaborate with a team of industry experts on high-impact projects and gain valuable experience in this specialized field. Responsibilities: Conduct thorough financial analysis and due diligence for M&A and debt advisory transactions. Lead in the preparation of client presentations and intricate financial models. Stay updated on industry trends through extensive market research. Collaborate seamlessly with cross-functional teams to ensure successful deal execution. Provide strategic and insightful recommendations to clients based on in-depth analysis. Requirements: Bachelor's degree in Finance, Economics, or a related field. MBA or relevant certification is a plus. For Senior Analysts: 1-3 years of relevant experience; For Associates: 2-5 years; For Vice Presidents: 7+ years in investment banking, M&A, or debt advisory. Showcase strong financial modeling and analytical skills. Excellent communication and presentation abilities. Knowledge of the infrastructure sector is preferred. Ability to thrive in a fast-paced and dynamic environment. Benefits for All Roles: Competitive salary and performance-based bonuses. Comprehensive benefits package. Unparalleled career growth opportunities within a respected financial advisory firm. Exposure to high-profile deals in the infrastructure sector. Thrive in a collaborative and supportive team environment. If you are a driven and analytical professional with a passion for finance and a desire to excel in the M&A and debt advisory space, we invite Senior Analysts, Associates, and Vice Presidents to apply today. Make your mark in the world of finance and contribute to the success of our clients and projects in the infrastructure sector. Join us and elevate your career to new heights!

Negotiable

England

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FIG M&A (German Speaking) | Associate | Asset & Wealth | London

My client, a global investment banking firm, is recruiting talented M&A Senior Analysts and Associates specializing in FIG M&A for their London team. Fluent German required. If you have a strong financial industry background, particularly in FIG and asset/wealth management sectors, we want to hear from you! Responsibilities: Leading and executing M&A transactions in asset/wealth management, including analysis, due diligence, and deal structuring. Developing financial models and conducting industry research to evaluate potential deals. Collaborating with cross-functional teams, including legal, compliance, and tax, to ensure smooth execution of transactions. Preparing reports, presentations, and other materials for internal and external stakeholders. Building and maintaining relationships with clients, industry professionals, and key stakeholders to generate new business opportunities. Requirements: Bachelor's degree in finance or related field, with an advanced degree preferred. Extensive M&A experience in asset/wealth management, with FIG knowledge preferred. Strong financial analysis and modeling skills, along with excellent communication and project management abilities. Professional fluency in German If you're a motivated professional with asset/wealth management M&A experience and fluent in German, don't miss this opportunity to join a leading global firm in London! Apply now!

Negotiable

London

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FIG M&A | Analyst & Associate | Asset & Wealth | London

My Client, a leading global investment banking and financial advisory firm, is seeking a talented and driven M&A Senior Analysts and Associates specialising in FIG M&A in the asset and wealth management sectors to join their team in London. If you have a strong background in the financial industry, specifically within FIG and the asset and wealth management sectors, we want to hear from you. Candidates with a background in other Financial Institutions Group (FIG) sectors will also be considered. Responsibilities: Lead and execute M&A transactions within the asset and wealth management sectors, including financial analysis, due diligence, valuation, and deal structuring. Develop and maintain financial models to evaluate potential deals and perform comprehensive analysis of investment opportunities. Conduct industry research and market analysis to identify potential targets and opportunities for clients. Collaborate with cross-functional teams, including legal, compliance, and tax, to ensure smooth execution of transactions. Prepare and present reports, presentations, and other materials for internal and external stakeholders. Build and maintain relationships with clients, industry professionals, and key stakeholders to generate new business opportunities. Stay updated with industry trends, regulatory changes, and market developments related to asset and wealth management. Requirements: Bachelor's degree in finance, economics, or a related field. An advanced degree (MBA, CFA, etc.) is a plus. Extensive experience in M&A transactions within the asset and wealth management sectors. Knowledge of the FIG sector is also desirable. Strong financial analysis and modeling skills, including proficiency in Excel and financial valuation techniques. Excellent understanding of financial markets, investment products, and industry dynamics within the asset and wealth management sectors. Proven ability to lead and execute complex transactions, including deal negotiation, due diligence, and deal structuring. Exceptional communication and presentation skills, with the ability to effectively articulate complex financial concepts to both internal and external stakeholders. Strong project management and organizational skills, with the ability to manage multiple tasks and prioritize effectively. Ability to work collaboratively in a team-oriented environment and thrive in a fast-paced, deadline-driven setting. High level of integrity, professionalism, and discretion in handling confidential information. If you are a highly motivated individual with a strong background in asset and wealth management M&A, apply now!

Negotiable

London

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Debt Advisory | Analysts & Associates | London

Are you an ambitious finance professional with a keen interest in debt advisory? Do you excel in providing top-notch financial guidance and solutions? If so, we have an exciting opportunity for you to join a prestigious Financial Advisory firm located in London. Position Overview: Our client, a renowned player in the financial advisory industry, is looking for talented and driven individuals to join their Debt Advisory team in Analyst and Associate roles. This role offers a unique chance to collaborate with a market-leading firm, providing expert advice to a diverse clientele on complex debt-related matters. Key Responsibilities: Deliver expert debt advisory services to clients, assisting them in navigating financial complexities and seizing opportunities. Cultivate and nurture strong client relationships, understanding their individual needs and delivering customized solutions. Analyze financial data and market trends to derive insights and formulate recommendations. Take charge of deal teams, oversee transactions, and manage the advisory process effectively. Offer mentorship and guidance to junior colleagues. Qualifications: Bachelor's degree in Finance, Economics, or a related field (Master's/MBA preferred for Associate roles). 2+ years of relevant experience in debt advisory, investment banking, or a similar field. Proficiency in financial modeling and analytical skills. Exceptional communication and presentation capabilities. Demonstrated ability to manage client relationships and deal teams. What They Offer: A dynamic and collaborative workplace environment. Opportunities for career advancement and personal growth. Competitive compensation and benefits packages. Exposure to a variety of challenging and impactful projects. The chance to work with a prestigious and diverse client base. If you are a proactive finance professional with a passion for debt advisory, we encourage you to apply! Seize this opportunity to join a leading financial advisory firm in London and make a significant difference in the realm of debt advisory. Apply today!

Negotiable

London

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Director, Debt Advisory

Director, Debt Advisory - Corporate Finance Our client is a leading corporate finance advisory firm seeking to hire an experienced and accomplished Director for their Frankfurt office. The ideal candidate will have extensive experience in leverage finance and debt advisory with excellent German-speaking skills. Responsibilities: - Provide strategic advice on financing options available to clients - Deliver high-quality execution of complex transactions - Develop new business relationships through active networking - Manage the full life-cycle of deals from origination to closure Qualifications & Skills: Director Level Experience: A minimum of 8-10 years' relevant work experience within the corporate finance, investment banking or advisory industry. Debt Advisory Expertise: Proven track record in providing tailored debt solutions across different sectors as well as executing large-scale M&A transactions. German-Speaking Capability: Fluency in German language (both written and verbal) required due to local market expertise needed by our clients based out of Germany's financial capital; Frankfurt. Execution Focus : Strong project management capability along with transactional focus ensuring successful delivery while working under tight timelines. If you are interested please apply now!

Negotiable

Frankfurt am Main

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Associate - Corporate Finance - Infra & Energy Transition

We are excited to announce our latest job opening! Our client is a Corporate Finance Advisory, seeking candidates with 3-5 years of experience as Associates in the field of corporate finance. The ideal candidate should have expertise and interest in energy transition and infrastructure sectors. Qualifications: - Bachelor's degree required; MBA preferred - Minimum 3-5 years' relevant work experience (M&A, Corporate Finance, Investment Management, Debt Advisory, Risk) from a Corporate Finance Advisory, Boutiques, Big 4, other relevant institutions. - Strong understanding of M&A transactions related to renewable energy projects or other similar industries. - Proven record working within the financial sector particularly on complex deals within project financing. - Experience developing pitch books, company profiles, and investor presentations. - Collaborative and entrepreneurial mindset. Job Responsibilities: - Performing corporate finance activities: M&A, Debt Advisory, Capital Raising, Hedging. - Playing a key role across deal origination/execution processes including acquisitions, divestitures, joint ventures, mergers, recapitalizations, restructurings etc that meet clients' business needs - Performing detailed valuation analysis using various methodologies such as discounted cash flow (DCF) comparable companies precedent transactions sum-of-the-parts analyses leveraging Excel-based models - Coordinating due diligence procedures drafting Information Memoranda teasers management presentations proposals term sheets letters of intent purchase agreements among others - Being responsible for managing day-to-day aspects / workflow throughout transaction phases liaising frequently with internal external stakeholders from junior team members up through C-level executives at each organization involved . If you think you fit this description perfectly then apply today ! Please note - we cannot offer visa sponsorship so applicants must hold necessary visas/permits .

Negotiable

London

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Investment Banking News & Insights

corporate-and-investment-banking

Compensation Trends in the Investment Banking Industry

Investment banking is a dynamic and highly competitive industry that plays a crucial role in global financial markets. Professionals in this field are responsible for providing financial advisory services, facilitating mergers and acquisitions, and raising capital for corporations, governments, and other entities. With the ever-evolving nature of the industry, it is important to stay informed about the latest compensation trends to attract and retain top talent. As a global talent partner, we explore current compensation trends and shed light on key factors shaping the hiring landscape to help you navigate through in-demand talent shortages. Download our comprehensive 'Investment Management Salary Guide' to gain valuable insights into industry benchmarks and compensation packages.The Escalating Demand for Emerging SkillsAs the investment banking industry adapts to rapid technological advancements and evolving market dynamics, there is a growing demand for professionals with emerging skills. The rise of digital transformation, artificial intelligence, and data analytics has created a need for individuals who possess expertise in these areas. Investment banks are willing to offer attractive compensation packages to attract individuals who can leverage these skills to drive innovation, improve operational efficiency, and gain a competitive edge.The Integral Role of ED&IED&I have become critical factors in shaping compensation trends in the investment banking industry. Companies are increasingly recognizing the benefits of having a diverse workforce that encompasses individuals from various backgrounds, cultures, and perspectives. By fostering an inclusive environment, investment banks can unlock innovation, improve decision-making processes, and enhance their reputation.In recent years, efforts to increase ED&I in investment banking have gained momentum. This includes initiatives to attract new talent by eliminating unconscious biases in job descriptions, retaining diverse talent, and identifying promotion processes to ensure pay equity. Investment banks that prioritize diversity and inclusion are often viewed more favorably by professionals, and they may offer competitive compensation packages to attract a diverse pool of candidates. Embracing Flexibility in Compensation PackagesFlexible compensation packages has become an essential aspect of attracting and retaining talent in the investment banking industry. Traditional compensation structures focused primarily on fixed salaries and year-end bonuses. However, as work-life balance and personal priorities gain prominence, professionals are seeking more flexibility in their compensation arrangements.Investment banks are responding to this trend by offering a variety of flexible compensation options. These may include the ability to customize the allocation of bonuses, deferred compensation plans, stock options, and other long-term incentives. Additionally, some firms are providing benefits such as flexible working hours, remote work opportunities, and sabbatical leaves to accommodate employees' personal needs.To explore how these innovative compensation packages are revolutionizing the industry, it's essential to download the Selby Jennings 'Future of Flexible Working' report. Gain access to cutting-edge information, statistics, and best practices that will equip you with the knowledge needed to excel in attracting, retaining, and nurturing top talent.The Shift Towards Performance-Based CompensationPerformance-based compensation has gained significant traction in the investment banking industry. This approach links a significant portion of an employee's compensation to individual and firm-wide performance metrics. By aligning compensation with performance, investment banks aim to motivate employees to achieve their best and drive overall business success.Performance-based compensation often includes a mix of short-term incentives, such as annual bonuses, and long-term incentives, such as restricted stock units and performance shares. These incentives are tied to specific targets, such as revenue generation, profitability, client satisfaction, and risk management. Investment banks closely track and evaluate performance to determine bonus payouts and promotions, creating a meritocratic culture that rewards high achievers.To also explore the hiring strategies in the Investment Banking landscape, view here.Seize the Opportunity – Get in Touch NowLooking to hire top talent and stay ahead? By partnering with us, you gain access to our extensive network of highly skilled candidates who possess the emerging skills and expertise needed to thrive in today's investment banking landscape. We stay abreast of the latest compensation trends and industry developments, ensuring that we provide you with tailored solutions that align with your organization's goals and objectives.Our commitment to diversity and inclusion means we can help you build a team that brings a variety of perspectives, fostering innovation and driving superior results. Don't miss out on the opportunity to leverage our expertise and industry knowledge to attract and retain top talent. Request a call back from our experienced consultants today and let us help you remain competitive in the investment banking market. Together, we can create a winning team that propels your organization to new heights of success.

corporate-and-investment-banking

Investment banking briefing: economic outlook & talent market in focus

Looking into the future of investment banking, what are the talent trends shaping the global financial arena?Despite a backdrop of post-pandemic volatility and economic uncertainty in 2021, the global investment banking sector is poised on a slow but steady growth trajectory, forecasted to slowdown to 3.8% by 2023. While many uncertainties remain, the overall economic outlook points to a consistent trend, albeit regionally uneven. According to the IMF October 2021 fiscal monitor report, the US witnessed a short-lived hit to its economy, with output already reaching pre-pandemic levels in Q1 of 2021. A closer look at Europe, in particular Germany, indicates a renewed fall in the fourth quarter of last year, but in China, the region went into sharp decline and came out earlier.Even after accounting for regional differences, the picture ahead for the global economy suggests strong recovery. In Deloitte’s recent survey of 400 banking and capital market professionals,88% of respondents anticipate banks’ top-line revenue to advance this year. But, to continue this path to economic prosperity and be well-positioned to overcome the global challenges ahead, the sector requires a strong pipeline of industry-leading talent. Therefore, having unique access to the trends in the workforce might be the best strategic advantage for firms.Also explore the compensation trends in the investment banking industry.Read on to discover some of the key talent factors and current trends in investment banking.Talent movement & managementAcross the board, many investment banks have been recruiting in earnest, perhaps indicative of the need to play catch up from 2020. When analyzing the talent movements at the global investment banks, many were willing to switch up careers quicker and further leverage their position in a candidate-driven market. With fees at an all-time high and banks accelerating their hiring endeavors, the M&A space was hot at the Associate and VP level.At Selby Jennings, we have also observed a widespread growth trend within the banks to acquire smaller firms and entire teams. While this strategy is stipulated to reduce costs and strengthen cash flow, it is also a risky investment in terms of capital and talent as cultural conflicts are likely to incur.In the US specifically, most banks exceeded their 2020 total fee revenues by April-May 2021. During this time, several banks began to amplify base salaries to $10-$25k – causing a rippling impact across the industry with most firms promptly matching their salary scales. If this wasn’t enough, banks of every size opened up their wallets and offered one-off bonuses in April; a trend that continued into the summer.Glancing across the waters to Europe, a backlog of hiring from 2020 meant that banks made haste to fill vacancies last year. Interestingly, for Europe, it isn’t common practice to bring professionals in post-MBA like the US, so with smaller hiring happening across teams, training the workforce and maintaining substantial growth of the talent pool was imperative. In Hong Kong and China, hiring activity from funds has resulted in banks replacing talent poached from the buy-side. On the back of stringent Covid-19 restrictions, which prohibited inbound travel for expats, specialist investment bankers that remained were a hot commodity. However, with restrictions easing this year, we predict this trend to be reversed and therefore level the playing field for talent.To find out what types of Corporate & Investment Banking vacancies we have available here at Selby Jennings, click here.Also, find out more about employee retention and how we reduce turnover in investment management.Why Choose Us?Selby Jennings is your trusted partner for expert insights and recruitment solutions in the fast-paced world of investment banking. Our team of experienced consultants has a deep understanding of the global economic landscape and the talent market trends shaping the industry. With our finger on the pulse of the latest developments, we deliver informed advice and bespoke recruitment strategies tailored to your needs. Whether you're looking to hire top talent or take your career to the next level, Selby Jennings offers unparalleled support and expertise to help you achieve your goals. Simply request a callback or submit a vacancy today to get started.At Selby Jennings, we’re always on the pulse of the latest trends impacting the sector, meaning your investment banking recruitment process is in safe hands. Don’t miss our newest guide, The Investment Banking Briefing, for an introspective analysis on the current industry and exclusive talent insights from our survey results.

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Recruitment strategies in an ever-changing investment banking landscape

The investment banking sector has never been more competitive. From digital disruptions, new fintech incumbents, to rising inflationary pressures, these are some of the driving factors creating many challenges – as well as opportunities – for firms.However, to embrace new realities and reap the rewards, organizations will need an agile talent strategy. That’s why understanding the motivations of talent and their movements within the industry is crucial in competitive markets. In this blog, as we look to the future of investment banking and challenges the sector faces, we explore some of the major hiring trends that firms should know about.To view what type of Corporate & Investment Banking vacancies we have available, click here.New world of workingA significant factor confronting banking leaders is the challenge of strategically re-evaluating the modern workplace. Employers have had to make substantial inroads to develop a nimble and competitive operating model that delivers value-add to employees and customers alike. What’s more, with the surge in popularity of flexible working, many firms could lose out on business-critical talent if they cease to offer this structure. Although the flexible working paradigm is forecasted to negate the idea of ‘in-person collaboration’, this business model actually creates more opportunities for candidates to interview and get hired because location is no longer a limitation.Most bankers operated remotely in the first quarter of 2021. However, with the roll-out of regional vaccine campaigns, banks began to dangle the thread of a return to the office on a full-time or hybrid basis. Across the US, a bank-wide trend saw many firms open up discussions about an expectation for employees to be in the office post-July 4th. Subsequently, the end of summer marked the end of 100% working from home arrangements. At Selby Jennings, we are advising our clients to keep an open mind with flexible working, as this should certainly be considered a competitive strategy to attract and retain talent.The sustainable imperative for investment banksThe transition to a low-carbon economy is on the frontier for today’s investment banks. Efforts to combat sustainability has led to exponential growth in ESG debt, perhaps underpinned by investors propelling ESG investments into the market. The increasing focus on ESG debt allows firms to tap into new pools of capital and garner surplus returns, but more capital raising from the public and private sectors will be needed if targets are to be met.The movement towards sustainable banking and investing is important to help eliminate ‘greenwashing’, but international compliance and better reporting standards are needed. Whilst sustainability commitments are becoming more commonplace, having strong ESG credentials might be your edge to attract and retain talent. After all, when we surveyed our community of sector professionals, 48% of respondents reported that ESG is important when looking for a new role. Our findings could indicate that a major paradigm shift amongst investment banking professionals has begun – with many placing environmental policies at the crux of their career-defining next steps. We predict global ESG concerns to continue shaping the future of finance and be a compelling force for companies to drive employee and customer loyalty.Industries of focusThe investment banking landscape is heating up, but what are the key verticals that took center stage across the hiring front? Fintech’s exist on the precipice of innovation, which is possibly why they’re so successful at luring in business-critical talent. Despite valuations being a little off kilter, more fintech’s and technology-driven bankers entering this space is a certainty due to the potential for tech M&A’s and IPOs. Hiring activity across technology, media, and telecommunications (TMT) and power, utilities, and infrastructure (PUI) is also a necessity to plug the gaps.The healthcare sector is another area of increasing focus, perhaps because its largely immune to post-pandemic disruptions. With a particular emphasis on sustainability, renewables are also expected to see an acceleration in hiring across the board. In particular, ESG analysts along with sales personnel are a hot commodity in the market. For those considering talent management in these growing environments, we advise to quickly get your teams in place to be well equipped to ride out whatever challenges lie ahead.Interested in learning more about the recent developments in investment banking? Download our newest guide, The Investment Banking Briefing, for an introspective analysis on the investment banking industry trends and exclusive talent insights from our survey results.

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The Investment Banking Briefing

Investment bankers are always highly sought after, and there is no doubt the jobs market is going from strength to strength.Many professionals are curious about whether their salaries and bonuses match their peers, which is why we have produced the Investment Banking briefing.Download ReportDiscover our latest salary & bonus guidance in the report, which also includes exclusive survey results from investment banking professionals across the US on the state of the industry, and how they feel about current job opportunities, as well as insights into:The global economy (with dedicated sections for the US, Europe & APAC)Monetary and non-monetary talent retention strategiesBooming sectors to know aboutSustainable finance & ED&I initiativesThe new world of working post-pandemicWhether you are trying to get the right workforce in place for the years ahead, or looking for a role yourself, the Investment Banking Briefing covers the industry in extensive detail so you know where investment banking is going in the near future, as firms grapple to stay competitive to attract and retain talent.Without a strong talent pipeline, banks could be at the mercy of having to turn away work, which is why it has never been more important to have the right talent, and be able to attract the talent you need in investment banking.To see what Corporate & Investment Banking vacancies we have available,click here.

corporate-and-investment-banking

Investment Banking Market Update

We are currently in a candidate driven market – bankers are in higher demand than ever before, but with intense competition and a shrinking candidate pool, banks are accelerating efforts to re-think their approach to retention and recruitment in order to attract and retain key talent. The landscape of investment banking jobs is feverish; we have witnessed a profound uptick in hiring and the war for talent has certainly begun.To find out what Corporate & Investment Banking vacancies we have available at Selby Jennings, click here.Our new Market Update will cover topics around Investment Banking recruitment trends, including:The 2021 MarketNavigating Growth in Banking: High-Demand for BankersImpact & Market ReactionCompensation trendsComplete the form below to download the full "Investment Banking Market Update".

corporate-and-investment-banking

Investment Banking Hiring Trends – This Year’s Impact on Hiring in 2021

It’s no question that the events of 2020 have significantly impacted the Investment Banking hiring landscape throughout the year. No one could have predicted Covid-19 and the work-from-home environment that we’ve learned to accommodate to over the past few months, and the effects are sure to leave a lasting impact within the investment banking market. We’ve been compiling notes and data related to the hiring trends that we’ve seen this year and those that we expect for 2021. To view the types of Corporate & Investment Banking vacancies we have available, click here.When Covid-19 first hit the US, M&A came to almost a complete halt due to the uncertainty surrounding the virus and how it would impact the financial market. Teams were also forced to adapt to a new work environment as the stay-at-home orders required individuals to work remotely. Even after adjusting to the new environment, M&A activity was still slow resulting in industry-wide layoffs which seemed to impact the middle-market and bulge bracket banks more significantly. For energy bankers, the Covid-19 outbreak coincided with a struggling oil & gas market which led to some banks eliminating their energy teams entirely if not able to pivot into new products like restructuring or new verticals like renewables. Luckily, the banking industry overall is making a comeback and M&A activity is starting to pick back up. Hiring was done on mostly an as-needed basis apart from senior hires where we saw more growth. The Selby Jennings team saw many banks looking to add revenue generators in preparation for the 2021 year. Still, some growth hires have happened at more junior levels as there is an influx of strong talent coming from the layoffs. With the Covid-19 cases rising again in the fall and the US election occurring, hiring stayed steady rather than peaking in Q4 like some expected it would. One trend that we’ve noticed as a result of Covid-19, is the spreading out of bankers into second-tier cities that were not previously hot-spots for investment banking offices. Individuals are relocating and banks are looking to establish offices in smaller cities including Detroit, Nashville, Denver, and Phoenix, just to name a few. We’ve also noted more flexibility when it comes to remote work, especially for senior-level positions as teams have proven to be just as successful in this remote environment. As we look forward to 2021, we anticipate an active Q1 in terms of hiring as firms will be looking to lock in their teams as soon as possible to tackle the busy year ahead. With an optimistic outlook for M&A activity over the next year, now is a great time to reassess your teams and determine where you want to be and who you’ll need on your team in order to get you there. If you are looking to secure talent for your team in this rapidly growing market, get in touch with the Selby Jennings Team today.

corporate-and-investment-banking

Trends in Investment Banking in 2019

Because of 2018’s success in the investment banking market — an overall bullish market and record-high transactions and deals — there seems to be a significant shortage for top quality talent. As the unemployment rate keeps hovering at 3.8%, 2019 is shaping up to be a time where the struggle for talent will continue to be a priority for the entire financial sector. Pursuing a More Balanced Life Trends show analysts and associates are leaving the banking industry in significant numbers, which is making it difficult to retain and laterally recruit talent. In fact, there’s been a steady rise in analysts leaving before their associate promotion and even post-MBA associates seeking exit opportunities — some as early as six months into their first year. "One main trend we have noticed toward the end of last year that’s consistent with the beginning of this year is that there is a shortage of talent in this candidate-driven market,” says Gary McCool, head of east coast Investment Banking recruitment for Selby Jennings. “Now more than in the past we’ve seen candidates from smaller boutique or middle-market platforms move up-market to larger financial institutions.” Some of the more common reasons candidates leave the industry are due to the long hours, work environment and work/life balance. Many also believe it’s better to cross over into buy side and corporate development roles. From a combination of these factors, McCool has noticed that smaller firms are attempting to promote a better work culture, including offering increased flexibility and better compensation to incentivize talent to stay put. Increased Compensation Since many investment banks are competing over the same candidates, trends show that candidates are earning higher salaries. We have noticed a larger number of counter offers last year because candidates have been leveraging their job offers from banks. It’s become extremely difficult to replace hires within a short time frame on top of hiring someone under normal circumstances. Trends from 2018 show total compensation is as high as 10%-20% more than average. In addition, at some platforms, the base pay for analysts has been raised to be as much as $115,000. Elite boutique platforms have begun to take notice of this as well. Changes in Visa Policies The last year also saw changes in visa policies. Investment banking attracts qualified candidates from diverse backgrounds and many come overseas to study in the U.S. Many investment banks hold off on hiring candidates because of the uncertainty of visa requirements. Both the firm and candidate will need to restart a new hiring process if visa application petitions do not get approved. Companies hiring this with H-1B or TN visas will find it difficult to onboard a new candidate, leading to an increased struggle to find top talent. Keep Up With Competition As the economy and the investment banking industry continues to be strong, the market will only be more competitive. Securing visas are still up in the air, although there’s hope that the current suspension will be reviewed and possibly rescinded by early 2019. Considering the strong need for talent, banks will need to offer significant compensation packages and promote flexibilit and a better work culture to attract top candidates. If you are looking for new opportunities in investment banking, or are hoping to secure top talent in this competitive landscape, get in touch with the team at Selby Jennings today. ---------------------About UsSelby Jennings is a leading specialist recruitment agency for banking and financial services. For more than 15 years, we have given clients and candidates peace of mind that the recruitment process is in expert hands. Our continual investment in best-in-class technologies and consultant training enables us to recruit with speed, precision and accuracy. Today, Selby Jennings provides contingency and retained search recruitment across 11 offices in 6 countries. Contact us to find out how Selby Jennings can help you.

corporate-and-investment-banking

The Growth of Quants in Investment Banks

Picture an investment bank drawn in a ‘Where’s Waldo?’ style. You’ve got traders, finance, the legal team and management; human resources and an IT team hammering away at their keyboards. Where would you expect to find quantitative analysts (quants)?Ten years ago, quants would have been tucked away on trading desks, inputting data into Excel spreadsheets and working through it manually to uncover patterns and statistics. Their findings would help traders to confirm the right price and most promising investment options.Skip forwards a decade and the role of the quant has changed substantially. For the most part, they are now incorporated into risk management teams, instead of being on a trading desk. There are more of them, they are a more diverse group and they use new tools to carry out different tasks. They are in considerable demand and much valued by financial organizations. What brought about this change?Why are there more quants?The last decade has seen a breath-taking speed of technological development. Analytic software combined with increased opportunities to gather data have led to Big Data: more information, collected more quickly. There are sophisticated tools to integrate, sort and process this data into state-of-the-art models.Electronic modeling now means that trading can be carried out by computers, based on an algorithm calculation of the most favorable moment to buy and sell. If algorithms are often the brawn behind hedge funds, investment banks, asset management services and private equity firms, quants are the brains: they program the algorithms that make the system work.Quants are also used more and more in the business of risk, helping to calculate probabilities and statistics using advanced modeling. This enables risk management teams to keep on the right side of an increasing volume of laws and procedures needed to manage risks appropriately.There are now many more quants employed in this reformulated role, shifting from revenue generation to risk management. Banks require quants for a range of functions including the valuation aspects of derivatives and pricing.A more diverse quant workforceAnother notable change in the last decade is the increasing diversity of the quant workforce. Although this STEM-related field used to be dominated by men from a similar background, intake is now much broader and includes many women. Female quants talent is much in demand by banks seeking to improve the diversity of their teams.As with other STEM areas, fewer women studying related subjects such as Math and Physics means this female talent is hard to find. When female quants are recruited to firms, employers have an additional incentive to keep them motivated and committed to the role, in an effort to retain this highly sought after talent.To explore woman in quants, check out our blog here.The use of models and tools: a systematic or discretionary approach?The development of algorithms, machine learning and related tools has transformed the nature of quantitative analysis. Quants need to ensure that data is interpreted and presented in the best possible way, but there is very little inputting and processing done through human labor any more.This has led to a divergence of opinion in the best way to approach investment decisions. As Leda Braga, a high-flying quant known as the ‘Queen of Quants’ has said, trading is now dominated by two approaches to decision-making: systematic and discretionary.A discretionary approach to trading is based on the trader’s own thought processes and decision-making skills. Systematic trading uses technology to indicate the best investment strategies, using algorithms to process reams of data. Quants are essential to the systematic approach, which is gaining in popularity.However, the discretionary approach is still very common, particularly because people tend to respond more vehemently to an error made by an algorithm than an error made by a human. As Braga observes: “We scrutinize the algos with a lot less tolerance than we scrutinize human action.”To also explore quantitative analytics soft skills, check out our blog here.What does it take to be a good quant?To be successful as a quant, strong analytical skills are a must. Most professionals have advanced computer programming abilities, typically using SQL for database management and perhaps an object-oriented language such as Python or R to clean, sort and process data.Quants usually have advanced degrees in a STEM subject, such as computer science, mathematics or physics. A PhD in one of these subjects is common. There is also increasing popularity of financial engineering master’s degrees such as financial engineering or quantitative/mathematical finance.Could your team benefit from having a quant on board? Email info@selbyjennings.com to learn more about what they could do for your business. To also find out how to write a quantitative job description, read our blog here.------------About UsSelby Jennings is a leading specialist recruitment agency for banking and financial services. For more than 15 years, we have given clients and candidates peace of mind that the recruitment process is in expert hands. Our continual investment in best-in-class technologies and consultant training enables us to recruit with speed, precision and accuracy. Today, Selby Jennings provides contingency and retained search recruitment across 11 offices in 6 countries. Contact us to find out how Selby Jennings can help you.

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