Investment Banking Analyst Intern Jobs (NOW HIRING)

Armory Group, LLC is a leading investment bank and financial advisory firm dedicated solely to the middle market.  We provide a full range of advisory services on a national basis  to companies and their lenders, including raising debt and equity financing, M&A and restructuring financial advisory services.  We have won numerous national "deal of the year" awards for our M&A work from M&A Advisor and have broad industry coverage with 10 dedicated industry groups that bring unique, sector specific knowledge and expertise to each engagement.

While we regularly work with healthy or growing companies, what makes us relatively unique from other middle market investment banks is  our reputation as one of the pre-eminent financial advisors for middle-market companies navigating complex situations or facing unique financial challenges, including raising rescue or turnaround capital for those operating in cyclical industries, undergoing turnaround or experiencing one-time events impacting performance.  As a result of our work, we have been recognized with many national "deal of the year" awards from top industry organizations including M&A Advisor, with the 2021, 2022,  2024 and 2025 Turnaround Refinancing of the Year in the $100 million to $1 billion category and 2022 Boutique Investment Bank of the Year.  In addition, our growing creditor advisory practice regularly represents some of the nation's largest banks, financial institutions and private lenders in such situations. 

Since the original formation of our team in 2008, we have been involved in over $30 billion of transactions across over 175+ diverse engagements

Job Description & Responsibilities:

Armory is seeking both investment banking analysts and financial advisory analysts for our growing investment banking business and creditor advisory practice.  We are seeking results-oriented professionals, who can analyze company financial information, develop financial models and lead workstreams in connection with investment banking and creditor advisory projects for Armory. This role requires strong financial modeling background and ability to complete high-quality work products in high-pressure, client-critical, transaction-oriented situations.

Armory offers a unique opportunity for Analysts to work as generalists on projects that provide exposure to various financial advisory and investment banking products and industries.  The Chicago-based investment banking associate will have exposure to multiple industries, such as industrials, software and technology, business services, manufacturing, consumer & retail, and food & beverage.  Analysts can expect to be involved in a variety of transactions, including debt and equity financings, mergers and acquisitions, recapitalization, valuations and restructuring assignments. Transaction teams are typically small in size, providing significant responsibility and exposure to senior level professionals and clients.

Requirements:

• Bachelor's degree with top academic performance
• Minimum one to two years of investment banking or restructuring experience required
• Strong interest in M&A, debt and equity capital markets, special situations, and restructuring
• Strong quantitative and qualitative skills, with experience in financial modeling and financial statement analysis, including the development of three-statement financial models and 13-week cash flow models
• Self-directed, highly motivated, able to learn and work independently in a fast-paced, challenging environment and manage a variety of transactions and projects simultaneously
• Excellent verbal and written communication skills
• Demonstrated team player and leader with a strong motivation to contribute to a positive team culture
• SIE, Series 63, and Series 79 licenses required at time of hiring or expected to be obtained shortly thereafter

This is a full-time position based in Chicago, IL. This is a hybrid role, consisting of both in-office and remote work. The targeted start date is immediate. Travel will be required at times. Compensation includes base salary, discretionary bonus commensurate with the industry, and full benefits (including health, dental, vision, flexible spending account, and 401k).