Investment Banking Analyst Jobs in Illinois
Investment Banking Analyst jobs in Illinois are concentrated in one of the most competitive financial markets in the country, with demand at every level from entry-level associates through senior analysts across mergers and acquisitions, leveraged finance, and equity capital markets. Chicago anchors the market, with additional activity in Naperville and Schaumburg, where major institutions including William Blair, Baird, and JPMorgan Chase have long-established Illinois operations. Healthcare, industrial, and technology sector deal work drives consistent openings across the state. Find a role that fits below and apply directly.
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Showing 5 of 29+ Investment Banking Analyst jobs
Job Description Summary
Formulate new business proposals, develop company forecasts and valuations, evaluate merger and acquisition scenarios and prepare documents related to the public and private issuance of stock. Will work on every aspect of the transaction process, including participating in drafting sessions, new business proposals and due diligence meetings.Job Description
Responsibilities Conduct research using primary data sources, and select information needed for the analysis of key themes and trends. Provide financial modeling input into business cases, costs, and schedules to support growth in the business. Write and edit material for various target populations, tailoring the tone and content to match the needs and expectations of each audience. Analyze specific problems and issues to find the best solutions. Solutions could be technical or professional in nature. Skills Determine and analyze trends from data that is collected to assist in compiling reports that will help in decision-making. Apply appropriate analytical processes and procedures to support research schedules. Interpret data by examining patterns, trends, relationships, and implications to draw meaningful conclusions and answer critical questions. Professionally interpret financial information to support business decision making.Education
Bachelor’s - Completed: Accounting (Required), Bachelor’s - Completed: Business Administration (Required), Bachelor’s - Completed: Finance (Required)Work Experience
General Experience - 3 to 6 yearsCertifications
Salary Range
$75,000.00-$110,000.00Travel
Workstyle
ResidentThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
We expect our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Job Description Summary
Formulate new business proposals, develop company forecasts and valuations, evaluate merger and acquisition scenarios and prepare documents related to the public and private issuance of stock. Will work on every aspect of the transaction process, including participating in drafting sessions, new business proposals and due diligence meetings.Job Description
Responsibilities Conduct research using primary data sources, and select information needed for the analysis of key themes and trends. Provide financial modeling input into business cases, costs, and schedules to support growth in the business. Write and edit material for various target populations, tailoring the tone and content to match the needs and expectations of each audience. Analyze specific problems and issues to find the best solutions. Solutions could be technical or professional in nature. Skills Determine and analyze trends from data that is collected to assist in compiling reports that will help in decision-making. Apply appropriate analytical processes and procedures to support research schedules. Interpret data by examining patterns, trends, relationships, and implications to draw meaningful conclusions and answer critical questions. Professionally interpret financial information to support business decision making.Education
Bachelor’s - Completed: Accounting (Required), Bachelor’s - Completed: Business Administration (Required), Bachelor’s - Completed: Finance (Required)Work Experience
General Experience - 3 to 6 yearsCertifications
Salary Range
$75,000.00-$110,000.00Travel
Workstyle
ResidentThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.
We expect our associates at all levels to:
- Grow professionally and inspire others to do the same
- Work with and through others to achieve desired outcomes
- Make prompt, pragmatic choices and act with the client in mind
- Take ownership and hold themselves and others accountable for delivering results that matter
- Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
See All 29 Investment Banking Analyst Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
Find JobsInvestment Banking Analyst Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Investment Banking Analyst Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring
Top Industries Hiring
- Banking & Financial Services
- Investment & Asset Management
- Fintech
- Accounting & Auditing
- Consulting & Professional Services
What Illinois Employers Look For
The qualifications that appear most often in investment banking analyst jobs across Illinois.
- Bachelor's degree in finance, economics, or accounting from an accredited institution
- FINRA Series 79 and Series 63 licenses or willingness to obtain upon hire
- Proficiency in financial modeling, DCF analysis, and comparable company analysis
- Experience with Bloomberg Terminal, FactSet, or similar institutional data platforms
- Strong command of Microsoft Excel and PowerPoint for client-ready deliverables
- Internship or prior experience in investment banking, private equity, or corporate finance
Investment Banking Analyst Jobs in Illinois: Frequently Asked Questions
How do you become an investment banking analyst in Illinois?
Most Illinois investment banking analyst roles require a bachelor's degree in finance, economics, or a related field, followed by obtaining FINRA Series 79 and Series 63 licenses, which are required for professionals engaged in investment banking activities and registered through FINRA rather than a state licensing board. Chicago-area banks and boutiques typically sponsor new analysts for these exams during onboarding. A strong academic record and at least one finance internship significantly improve hiring prospects in Illinois.
How much do investment banking analysts make in Illinois?
Investment banking analysts in Illinois earn a median of about $101,180 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $64,700 for the lowest 10% to over $166,090 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire investment banking analysts in Illinois?
Employers hiring investment banking analysts in Illinois right now include JPMorganChase, Brown Gibbons Lang & Company, and Armory, based on current listings on Migrate Mate as of November 2026. Chicago's concentration of middle-market boutiques, regional broker-dealers, and global bank branches makes Illinois one of the more active states outside New York for investment banking analyst openings.
Which Illinois cities have the most investment banking analyst jobs?
Chicago and Logan Square have the most investment banking analyst openings in Illinois. Chicago drives the vast majority of activity, as it hosts the Illinois headquarters of major banks, boutique advisory firms, and the Chicago Board Options Exchange ecosystem, while suburban centers like Naperville and Schaumburg attract openings tied to large corporate treasury and financial services operations headquartered outside the downtown loop.
Are there remote investment banking analyst jobs in Illinois?
Yes, but they're uncommon. Investment banking analyst work is heavily client-facing and deal-driven, which keeps most roles tied to an office in Chicago or another banking hub. About 64% of investment banking analyst openings tied to Illinois are remote or hybrid as of November 2026, and those positions tend to be in research, financial modeling support, or back-office advisory functions rather than front-line deal execution.
How can I get hired as an investment banking analyst in Illinois with little or no experience?
The most realistic entry path is through a structured summer internship at a Chicago-based firm, which frequently converts to a full-time analyst offer. William Blair, Baird, and Houlihan Lokey all run formal analyst programs in Chicago that recruit undergraduates without prior full-time experience. Candidates coming from adjacent roles in corporate banking, accounting, or financial planning and analysis at Illinois-based companies frequently lateral into analyst positions. Completing your Series 79 exam before applying gives an immediate edge over candidates who need sponsorship to sit for it.
Where can I find and apply to investment banking analyst jobs in Illinois?
You can find and apply to investment banking analyst jobs in Illinois on Migrate Mate, which lists current Illinois openings across Chicago and other parts of the state. Find roles that fit your experience and apply directly to each employer through the listing.
See All 29 Investment Banking Analyst Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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