Investment Banking Associate Jobs in Illinois
Investment Banking Associate jobs in Illinois are open across Chicago, Deerfield, and Manteno and other Illinois metros, with employers like Fitch Ratings, Monroe Capital, and Bank Of Montreal hiring at every experience level. Find a role that fits below and apply directly.
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Showing 5 of 65+ Investment Banking Associate jobs











Business Unit:
Corporate Finance
Industry:
Consumer
Overview
Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com.
Corporate Finance
Houlihan Lokey has extensive expertise in mergers, acquisitions, divestitures, activist shareholder and takeover defense, and other related advisory services for a broad range of U.S. and international clients. Our experience in M&A has earned us consistent recognition throughout the industry. In 2025, LSEG ranked our firm the No. 1 investment bank for all global M&A transactions.
Consumer Group
Houlihan Lokey’s Consumer group is the No. 1 consumer M&A team in the United States, according to data from Refinitiv. Combining extensive market capabilities with in-depth industry knowledge, the Consumer group guides companies on M&A, restructuring, and financial advisory matters and assists in raising debt and equity capital.
Houlihan Lokey's Consumer team has helped maximize shareholder value for its clients historically and completed over 135 deals globally throughout 2021 and 2022, solidifying the group’s reputation as a trusted advisor to consumer companies.
Responsibilities
As an Associate, you will:
- Prepare, analyze, and help explain historical and projected financial information
- Create financial models
- Coordinate and perform business due diligence
- Prepare confidential information memoranda, management presentations, and marketing pitches
- Lead the planning and creation of thought leadership marketing materials
- Build relationships and maintain direct contact with clients and prospective clients, professional advisors, and other stakeholders
- Supervise and mentor junior staff
Requirements/Qualifications
- At least 3-4 years of relevant work experience in similar roles within investment banking (M&A experience preferred, but not required)
- Excellent verbal and written communication skills
- Undergraduate coursework in accounting and finance required
- Strong analytical capabilities
- A fundamental understanding of valuation theory, methodologies, and applications
- Strong financial and computer skills (Excel, Word, and PowerPoint)
- Demonstrated ability to work cooperatively with all levels of staff
Compensation and Benefits
Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is: $175,000 - $225,000
Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience and the location where this position may be filled.
Houlihan Lokey provides a competitive benefits package. Our current benefits offerings can be found here:
2026 Benefits
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.
LI-115314
See All 65 Investment Banking Associate Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
Find JobsInvestment Banking Associate Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Investment Banking Associate Job Market in Illinois
A snapshot from current Illinois openings, updated as new roles post.
Who's Hiring
- Fitch Ratings6

- Monroe Capital5

- Bank Of Montreal4

- Goldman Sachs4

- Houlihan Lokey4

Top Industries Hiring
- Investment & Asset Management28
- Banking & Financial Services17
- Consulting & Professional Services9
- Law & Legal Services3
- Sports & Recreation3
What Illinois Employers Look For
The qualifications that appear most often in investment banking associate jobs across Illinois.
- Bachelor's or master's degree in finance, economics, or a related quantitative field
- Two or more years of financial modeling, valuation, and transaction execution experience
- Proficiency in DCF, LBO, and comparable company analysis with demonstrated deal exposure
- FINRA Series 79 and Series 63 licenses, or eligibility to obtain them upon hire
- Advanced Excel and PowerPoint skills with experience building and presenting pitch books
- Strong written and verbal communication skills for client-facing and internal deliverables
Investment Banking Associate Jobs in Illinois: Frequently Asked Questions
How many investment banking associate jobs are there in Illinois?
There are 65+ investment banking associate openings in Illinois on Migrate Mate as of June 2026, with the most roles in Chicago, Deerfield, and Manteno. New positions post regularly as employers across Illinois hire.
How much do investment banking associates make in Illinois?
Investment banking associates 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 Illinois cities have the most investment banking associate jobs?
Chicago, Deerfield, and Manteno have the most investment banking associate openings in Illinois right now, with additional roles spread across smaller metros statewide.
Which companies hire investment banking associates in Illinois?
Employers hiring investment banking associates in Illinois include Fitch Ratings, Monroe Capital, and Bank Of Montreal, based on current listings on Migrate Mate as of June 2026.
Are there remote investment banking associate jobs in Illinois?
Yes. About 25% of investment banking associate openings tied to Illinois are remote or hybrid as of June 2026. The rest are on-site roles based in Illinois metros.
How do I apply for investment banking associate jobs in Illinois?
You can apply to investment banking associate jobs in Illinois directly on Migrate Mate. Search the listings above, find roles that match your experience and preferred Illinois location, then apply to each one that fits.
See All 65 Investment Banking Associate Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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