Investment Banking Associate

FMI Capital Advisors; 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 invites applications for a first-year Investment Banking Associate within FMI Capital Advisors, based in downtown Raleigh, NC. You will support a high-performing Contractors & Construction Services deal team on multiple M&A transactions, mentor analysts, and develop valuation models and client materials.

The role requires 2+ years in investment banking or related fields, with strong financial modeling, leadership, and communication skills.

Qualifications

• Bachelor’s degree in business, finance, accounting or related field is required.
• Two or more years in investment banking, PE or corporate development with M&A experience, or MBA with similar background.
• Accounting experience with transaction-focused diligence is acceptable.
• Strong quantitative and analytical skills with financial modeling and statement analysis.
• Proficiency in valuation methods: DCF, comps and precedent transactions.
• Demonstrated leadership and independent judgment.
• Excellent written, verbal and interpersonal abilities.

Responsibilities

• Support business development for senior bankers, including prospecting and pitch participation.
• Contribute to M&A deal execution: build models, prepare materials, diligence and closing.
• Mentor and manage analysts, review models and client presentations for accuracy.
• Develop and maintain complex financial models (DCF, LBO, merger models) for valuation and structuring.
• Build sector expertise in Energy Transition and engage in industry events and thought leadership.
• Participate in client meetings, prepare materials, and communicate analyses clearly.

Skills

Financial modeling

Analytical skills

M&A experience

Leadership

Communication skills

Time management

Education

Bachelor’s degree in business/finance

MBA

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.

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.

*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.

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

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.

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.