Role and Responsibilities of a Banking Analyst in an Investment Banking Division
The core purpose of a banking analyst in an investment banking division is to actively participate in the day-to-day activities of the division, gain broad exposure to different types of clients and transactions, and focus on specialized areas. This role involves collaboration on live deals and client pitches, advising a wide range of corporate clients, and delivering structured solutions to achieve client goals. The banking analyst will also work closely with cross-functional teams to support various business initiatives.
Essential elements of this role include participation in training and development programs to enhance skills and knowledge, identification of opportunities, development of business cases, and management of the deployment and launch of new products and services for investment banking. Managing client relationships and providing customer service support to clients and customers in a progressively independent manner is an integral part of the role. The banking analyst will also have to develop and implement financial models and strategies that support decision-making in investment banking.
Expectations and Responsibilities of an Analyst
The analyst’s role requires in-depth technical knowledge and experience in their assigned area of expertise and a thorough understanding of the underlying principles and concepts within the area of expertise. They are expected to lead and supervise a team, guiding and supporting professional development, allocating work requirements, and coordinating team resources. If the position entails leadership responsibilities, they must demonstrate a clear set of leadership behaviors to create an environment where colleagues can thrive and deliver to a consistently excellent standard.
Analysts are expected to partner with other functions and business areas, take responsibility for the end results of a team’s operational processing and activities, and escalate breaches of policies or procedures appropriately. They are responsible for embedding new policies or procedures adopted due to risk mitigation, advising and influencing decision-making within their area of expertise, and taking ownership of managing risk and strengthening controls in relation to the work they own or contribute to.
Investment Banking Summer Intern Program at Barclays
Barclays offers a summer internship program for those interested in exploring the world of finance and technology. The program provides interns with real projects that offer a comprehensive business overview. As a summer intern, you can select your desired business area for an in-depth introduction, take on immediate responsibilities, and be guided by a mentor and line manager.
During the internship, you will be working with various Investment Banking teams, addressing our clients’ most strategic questions, and advising a broad range of corporate clients. You’ll deliver solutions that help our clients deliver on their goals through mergers and acquisitions, capital raising, structured solutions, or risk management. You’ll also work on live deals and deal proposals and may participate in projects that include financial analysis and modeling, valuation, industry research, client due diligence, and the development of written materials.
Barclays: A Top-Tier Investment Bank
Barclays is one of the world’s top-tier investment banks, one of the few non-US full-service rivals to the largest US investment banks. Headquartered in Europe, Barclays fosters innovation, champions sustainability, and deploys finance responsibly for the common good and the long term. Barclays operates globally, employing thousands of people from Hong Kong to Houston, Tel Aviv to Tokyo.
Joining the Barclays Team
To be considered for Barclays’ internship program, you should be pursuing an undergraduate degree and have a target graduation date within one year of the internship’s conclusion. A minimum GPA of 3.2 or above and unrestricted work authorization in the country you’re applying to work within are also required. Barclays values resourcefulness, teamwork, enthusiasm, and an entrepreneurial spirit, all of which might be showcased through your involvement in extracurricular activities.
Barclays offers competitive salaries, with a minimum rate of $110,000, and a maximum rate of $110,000. To be eligible, applicants must be currently authorized to work in the United States on a full-time basis. All colleagues at Barclays are expected to adhere to the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship.
Barclays is an equal opportunity employer, ensuring equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, protected veteran status, genetic information, or any other basis protected by law.
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