Investment Banking Visa Sponsorship Jobs in Illinois
Illinois is one of the Midwest's most active markets for investment banking, anchored by Chicago's concentration of major financial institutions, boutique advisory firms, and private equity-backed deal activity. Firms like William Blair, Baird, and Houlihan Lokey have significant Chicago presences and have historically sponsored international candidates for analyst and associate roles.
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INTRODUCTION
D.A. Davidson & Co. - the Strength of Advice
Our firm delivers a breadth of quality financial solutions to individual and institutional investors, companies, and government entities. D.A. Davidson Companies provides straightforward, personalized advice, nationally recognized research, and capital market investment banking expertise to clients who need help achieving their strategic financial goals.
D.A. Davidson & Co., a leading full-service investment banking firm with operations nationwide, is accepting applicants for full-time Summer Analyst positions working with the firm’s Diversified Industrials Investment Banking Group in Denver, CO. The Investment Banking Internship Program is a 10 week program that will introduce potential candidates to our Investment Banking business and the firm. Interns will work on strategic assignments assisting deal teams with mergers and acquisitions, public offerings, private placements and other advisory services. A portion of our permanent Analyst positions will be filled from our summer internship program.
QUALIFICATIONS
- All Majors with a minimum 3.5 GPA.
- Junior in college.
- Excellent verbal and written communications skills.
- Self-motivated, with a strong desire to excel in a challenging field.
- Working knowledge of business software (especially Word, Excel and PowerPoint).
- General level of financial knowledge and interest (financial modeling, macroeconomics, current events, etc.).
- Good judgment in confidential situations and ability to exercise discretion when handling confidential information.
- Teamwork skills and strong work ethic.
- Flexibility to work long hours, nights, and weekends, as needed for workflow.
IN THIS ROLE, YOU WILL:
- Research and provide presentation / research material for pitch books, memorandums, presentations and other projects
- Develop financial modules to analyze a wide variety of client-specific projects.
- Collaborate with an industry team from peer analysts to managing directors.
- Work on various projects to support client relations
- Support business development activities of senior investment bankers
- Monitor and update contact/deal database as needed for specific deal teams
- Assist deal teams with other necessary day to day responsibilities
During this internship, you will be paid on a bi-weekly basis at an annualized salary rate of $70,304.
At D.A. Davidson, we are committed to fostering a diverse environment that supports the development and inclusivity of all employees.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
ACKNOWLEDGMENT
Please answer all questions carefully. By submitting this application for employment, I certify that all of the above information is true and complete and I understand that any falsification or omission of information made by me may disqualify me from further consideration for employment or, if hired, may result in my termination of my employment at any time during the period of my employment, regardless of the amount of time that has passed. California applicants, please see D.A. Davidson’s California Resident Privacy Policy.
Investment Banking Job Roles in Illinois
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Search Investment Banking Jobs in IllinoisInvestment Banking Jobs in Illinois: Frequently Asked Questions
Which companies sponsor visas for investment banking roles in Illinois?
Several firms with major Chicago offices have sponsored H-1B visas for investment banking roles, including William Blair, Baird, Houlihan Lokey, Guggenheim Securities, and large global banks like JPMorgan and Bank of America with Illinois operations. Boutique and middle-market advisory firms in Chicago's financial district also appear in Department of Labor LCA filings for investment banking positions.
Which visa types are most common for investment banking roles in Illinois?
The H-1B is the most common visa for investment banking analysts and associates in Illinois, as financial analysis roles generally qualify as specialty occupations requiring a relevant bachelor's degree or higher. Candidates from Canada or Mexico may pursue TN visa status under the Economist or Financial Analyst category. Australian nationals with qualifying degrees may explore the E-3 visa as an alternative to the H-1B lottery.
Which cities in Illinois have the most investment banking sponsorship jobs?
Chicago accounts for the overwhelming majority of investment banking sponsorship opportunities in Illinois. The Loop and River North neighborhoods concentrate most financial services firms, including regional boutiques, middle-market advisors, and large bank offices. Outside Chicago, sponsorship activity in investment banking is minimal, as the industry in Illinois is almost entirely Chicago-based.
How to find investment banking visa sponsorship jobs in Illinois?
Migrate Mate filters investment banking roles specifically by visa sponsorship history, so you can browse Illinois-based positions without manually vetting each employer. The platform aggregates roles from firms with documented H-1B sponsorship activity, which is particularly useful in investment banking where sponsorship willingness varies significantly between bulge bracket banks, regional boutiques, and independent advisory shops in Chicago.
Are there state-specific factors that affect visa sponsorship for investment banking in Illinois?
Illinois does not impose state-level visa requirements, but investment banking roles in Chicago are subject to Department of Labor prevailing wage determinations, which set minimum compensation thresholds employers must meet on H-1B petitions. Chicago's financial sector also draws heavily from MBA programs at Booth, Kellogg, and DePaul, creating competitive pipelines that influence how firms approach international hiring and sponsorship decisions.
What is the prevailing wage for sponsored investment banking jobs in Illinois?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.