Analyst / Associate - FIG M&A

Role overview

Jefferies’ Financial Institutions Group advises a wide range of clients across financial services, including banks, insurers, asset managers, fintech businesses, specialty finance firms, and other providers in the sector. The team is hiring an Associate to support the origination and execution of strategic advisory and capital-raising assignments.

This position suits someone with strong analytical ability, a disciplined work style, and the confidence to operate effectively in a demanding, collaborative investment banking environment.

What you will do

• Take ownership of key workstreams on active M&A, equity, and debt transactions, including modelling, valuation work, due diligence coordination, and preparation of client-facing materials.
• Partner with senior bankers to help manage relationships with important financial institution clients and contribute meaningfully in meetings and strategic discussions.
• Carry out detailed sector and company research across FIG subsectors such as banking, insurance, asset management, and fintech to support transaction origination.
• Develop, assess, and improve sophisticated financial models such as DCF, LBO, trading comparables, precedent transactions, and merger models, adapted to FIG-specific measures like embedded value, insurance reserves, and regulatory capital ratios.
• Create pitch books, investor presentations, and other marketing collateral alongside analysts and senior team members.
• Support the development of junior colleagues by reviewing work, providing feedback, and helping to raise the quality and accuracy of deliverables.
• Keep regulatory and accounting implications in mind when evaluating deal structures and transaction options.

Requirements

• A bachelor’s degree from a strong academic institution, ideally in finance, accounting, economics, or a closely related subject; an MBA or other advanced qualification is considered an advantage.
• 3 to 5 years of investment banking experience focused on FIG.
• Strong command of Excel and PowerPoint, with advanced financial modelling capability.
• Good understanding of FIG market dynamics, key sector drivers, and relevant accounting and regulatory frameworks such as Basel III, Solvency II, and IFRS/GAAP for insurers.
• Previous exposure to regulatory capital advisory, financial institution M&A, or capital markets transactions.
• Excellent written and verbal communication skills, with the ability to engage confidently with clients and senior bankers.
• Self-driven, ethical, resourceful, and comfortable solving complex problems independently and as part of a team.
• Adaptable in a fast-moving global banking setting and able to handle multiple priorities at once.
• Highly organised, very detail-oriented, and capable of working under pressure to tight deadlines.
• Collaborative mindset with respect for diverse viewpoints and a commitment to teamwork.

About Jefferies

Jefferies is a global investment banking and capital markets firm with a broad platform spanning advisory, sales and trading, research, and wealth and asset management. With more than 40 offices worldwide, the firm serves investors, companies, and governments with insights and execution capabilities across markets.

The company emphasises diversity, inclusion, and equal opportunity, aiming to create a workplace that reflects the communities where it operates and supports a broad range of perspectives and ideas. Jefferies also states that it provides reasonable accommodations for individuals with disabilities in line with applicable law.