Demo

Investment Banking Associate - Industrials

Smith Arnold Partners
Smith Arnold Partners Salary
Chicago, IL Full Time
POSTED ON 7/22/2026
AVAILABLE BEFORE 8/20/2026

We are working with a highly specialized national middle market Investment Bank with deep roots in the Industrials sector. The firm has built a reputation for excellence in M&A advisory across multiple Industrials sub-verticals and is growing its execution team to support a strong pipeline of ongoing and upcoming mandates.

The firm has been around for nearly a decade and is led by some of the best MDs in their niche. They have robust pipeline and significant deal flow in the lower middle market. The typical deal size of the firm is ~$50mn to $250mn. The firm’s primary business is M&A sell side advisory.


Role Overview:

As an Investment Banking Associate, you will play a key role in the execution of M&A transactions within the Industrials sector, supporting senior bankers on active mandates and business development initiatives. You will take ownership of core execution workstreams, mentor Analysts and juniors alike.


What people are saying:

  • Get “hands on” learning opportunities, mentorship from Senior MDs
  • Significant ownership of the role as an execution focused jr. Banker
  • Develop niche industry knowledge in the Industrial Services sector
  • Get in on the ground floor of a “start up” culture


Title: Industrials Investment Banking – Associate

Location: Chicago, IL (Hybrid)

Salary: $135,000 – $150,000 Bonus

Firm: National Middle Market Investment Banking Platform, boutique Industrials shop



Key Responsibilities:

  • Support senior bankers in the execution of buy-side and (primarily) sell-side M&A transactions across the Industrials/ Industrials Services sector.
  • Build and maintain detailed financial models, including LBO, DCF, and comparable company analyses.
  • Prepare high-quality client presentations, management presentations, confidential information memoranda (CIMs), and pitch materials.
  • Assist with due diligence processes, data room management, and coordination with client management and counterparties.
  • Conduct industry research, analyze trends, and track key developments across relevant subsectors.
  • Participate in client meetings, calls, and communications with potential buyers/investors.
  • Contribute to origination efforts, including research, prospecting, and pitch preparation.
  • Work closely with Analysts and provide guidance where needed to ensure product quality.


Qualifications:

  • 3–5 years of Investment Banking experience, preferably with a focus in Industrials or related verticals.
  • Will consider Buy side and or Consulting experience in the P&U and Infrastructure sectors or any Industrials segments
  • Bachelor's and or MBA is preferred
  • Strong transaction execution experience; M&A deal experience is required (sell-side exposure strongly preferred).
  • Exceptional modeling, analytical, and presentation skills.
  • Proficiency in Excel, PowerPoint, and financial databases.
  • Series 79 and 63 licenses preferred (or willingness to obtain shortly after joining).
  • Strong work ethic, attention to detail, and ability to manage multiple projects under tight deadlines.

Salary : $135,000 - $150,000

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