Investment Banking Associate

FMI; Raleigh (NC); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Long-term disability insurance

401(k) plan

Paid time off

Parental leave

Job summary

FMI Corporation in Raleigh, NC seeks a first-year Investment Banking Associate to join FMI Capital Advisors' Contractors & Construction Services team. You will support multiple M&A transactions, build financial models, and help manage day-to-day components of deals.

The ideal candidate has strong quantitative and analytical skills, experience in corporate development or investment banking, and the ability to mentor Analysts. Travel 10%–20% and a collaborative culture are expected.

Qualifications

• Bachelor’s degree in business, finance, accounting or related field.
• 2+ years of investment banking, private equity or corporate development experience; or 1+ year with an MBA.
• Strong quantitative and analytical skills.
• Proficiency in DCF, comparable companies and precedent transactions.
• Demonstrated leadership ability and independent judgment.
• Excellent written, verbal and listening skills; strong interpersonal abilities.
• Genuine interest in the engineering and construction industry.

Responsibilities

• Support M&A deal execution – own models, material preparation, diligence, documentation and closing aspects.
• Mentor and manage Analysts on engagements, reviewing financial models and client presentations.
• Develop and maintain complex financial models (DCF, LBO, merger models) for valuation and structuring.
• Develop sector expertise and market presence in Energy Transition and attend industry events.
• Contribute to client relationships by participating in meetings and preparing presentation materials.
• Coordinate due diligence efforts with clients, attorneys, accountants and other stakeholders.

Skills

Financial modeling

DCF modeling

LBO modeling

Valuation analysis

Leadership

Communication skills

Education

Bachelor’s degree in business/finance

Tools

PitchBook

S&P Capital IQ

DealCloud

Job description

Description

FMI Corporation is seeking a first-year Investment Banking Associate to join FMI Capital Advisors, our registered broker/dealer and investment banking group, within our Contractors & Construction Services team in Raleigh, North Carolina. Our team specializes in serving construction and service firms across the commercial, industrial and civil markets. We advise building, specialty trade and industrial contractors, heavy civil and infrastructure companies, and construction managers on M&A and other strategic transactions.

Job Type

Full-time

• All applicants for employment must be legally authorized to work in the US on a full-time basis. Visa sponsorship is not available at this time.

Description

FMI Corporation is seeking a first-year Investment Banking Associate to join FMI Capital Advisors, our registered broker/dealer and investment banking group, within our Contractors & Construction Services team in Raleigh, North Carolina. Our team specializes in serving construction and service firms across the commercial, industrial and civil markets. We advise building, specialty trade and industrial contractors, heavy civil and infrastructure companies, and construction managers on M&A and other strategic transactions.

In this role, you will work as part of our Contractors & Construction Services deal team, supporting multiple M&A transactions and managing day-to-day transaction components. The ideal candidate will thrive in our highly collaborative culture, which values initiative and offers significant opportunities for personal and professional growth.

This full-time position requires 10% to 20% travel and is based in FMI’s headquarters office in downtown Raleigh, North Carolina.

Responsibilities

• Business development support for Managing Directors/Directors/Vice Presidents, including prospecting and pitch participation.
• Contribute to M&A deal execution – own models, material preparation, diligence, documentation and closing aspects.
• Mentor and manage Analysts on each engagement, reviewing their financial models, pitch materials, and client presentations for accuracy and strategic relevance.
• Develop and maintain complex financial models, including DCF, LBO and merger models, to support valuation and transacting structuring.
• Develop sector expertise and market presence in Energy Transition, including attending industry events and authoring thought-leadership articles.
• Contribute to client relationships by participating in meetings, preparing presentation materials, and communicating updates and analyses clearly and professionally.
• Coordinate due diligence efforts by liaising with clients, attorneys, accountants, and other stakeholders throughout transaction lifecycle.

Requirements

• Bachelor’s degree required, with a major or concentration in business, finance, accounting or a related field
• Two or more years of investment banking, private equity or corporate development experience, with demonstrated experience supporting the M&A process from origination through close
• Or, one or more years of similar experience paired with an MBA from a top-tier university
• Or, two or more years of accounting experience, including quality of earnings and other transaction-focused financial diligence supporting M&A processes
• Strong quantitative and analytical skills, including financial modeling and financial statement analysis
• Proficiency in core valuation methodologies, including DCF, comparable companies and precedent transactions
• Demonstrated leadership ability and sound independent judgment
• Excellent written, verbal and listening skills, along with strong interpersonal and relationship-building abilities
• Superior organizational and time management skills, with the ability to manage multiple projects in a fast-paced environment
• Demonstrated maturity, integrity and the ability to thrive in an entrepreneurial, team-oriented culture
• Genuine interest in the engineering and construction industry
• Experience with PitchBook, S&P Capital IQ and DealCloud is a plus

Benefits

FMI provides a comprehensive benefits package that includes paid employee medical insurance, life insurance, long-term disability insurance and additional benefit options. The package also includes a strong 401(k) plan, paid time off and parental leave.

Equal Opportunity Statement

FMI is an equal opportunity workplace. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.