Investment Banking Jobs in Illinois
Investment Banking jobs in Illinois are concentrated in Chicago's world-class financial district, one of the most active markets in the country, with demand running from analyst-level roles through managing director positions across mergers and acquisitions, corporate finance, and capital markets. Chicago anchors the bulk of hiring, with suburban corridors like Schaumburg and Naperville drawing additional activity, and firms such as William Blair, Houlihan Lokey, and BMO Capital Markets maintaining significant Illinois footprints. Middle-market M&A advisory, debt capital markets, and financial restructuring are the specialties drawing the most consistent demand. Find a role that fits below and apply directly.
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Showing 5 of 29+ Investment Banking 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 Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
Find Investment Banking JobsInvestment Banking Jobs by City in Illinois
Where Illinois roles are concentrated, by current openings.
Investment Banking 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 jobs across Illinois.
- FINRA Series 79 and Series 63 licenses required or must be obtained within six months
- Bachelor's degree in finance, economics, or accounting from an accredited institution
- Proficiency in financial modeling, DCF valuation, and comparable company analysis
- Two or more years of investment banking, corporate finance, or Big Four advisory experience
- Advanced skills in Excel, PowerPoint, and financial data platforms such as Bloomberg or FactSet
- Strong written and verbal communication skills for client presentations and deal documentation
Investment Banking Jobs in Illinois: Frequently Asked Questions
How do you become a investment banking in Illinois?
Most investment banking roles in Illinois require a bachelor's degree in finance, economics, or a related field, followed by obtaining FINRA licensing, specifically the Series 79 Investment Banking Representative exam and the Series 63 Uniform Securities Agent exam, which are administered through FINRA and required by Illinois securities regulations. Analysts typically enter through campus recruiting at Chicago-area universities, then pursue licensure on the job within their first year.
How much do investment bankings make in Illinois?
Investment bankings 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 bankings in Illinois?
Employers hiring investment bankings 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 status as a global financial hub means Illinois draws both bulge-bracket banks and a deep roster of independent middle-market advisory firms with permanent local operations.
Which Illinois cities have the most investment banking jobs?
Chicago and Logan Square have the most investment banking openings in Illinois. Chicago overwhelmingly dominates due to its concentration of bank headquarters, private equity firms, and corporate clients, while suburban markets like Schaumburg and Naperville host regional offices of larger financial institutions and diversified professional services firms that support deal activity.
Are there remote investment banking jobs in Illinois?
Yes, but they're less common than in purely analytical fields, since deal execution and client relationship work frequently requires in-person presence. About 64% of investment banking openings tied to Illinois are remote or hybrid as of November 2026, with hybrid arrangements more prevalent than fully remote. Research, financial modeling, and credit analysis functions within banking teams tend to offer the most scheduling flexibility.
How can I get hired as a investment banking in Illinois with little or no experience?
The most realistic entry path is a summer analyst internship, which Chicago firms including William Blair, Houlihan Lokey, and the Illinois offices of major banks run annually for penultimate-year undergraduates. Those without internship experience often move laterally from Big Four accounting, corporate development, or credit analyst roles. Completing the Series 79 exam before applying signals commitment and removes a common hiring barrier, giving candidates a measurable edge.
Where can I find and apply to investment banking jobs in Illinois?
You can find and apply to investment banking jobs in Illinois on Migrate Mate, which lists current Illinois openings across Chicago and the broader state. Search the available roles, find ones that match your background and target level, and apply directly to the positions that fit.
See All 29 Investment Banking Jobs in Illinois
Find roles in Illinois that match your experience and apply in just a few clicks.
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