Investment Banking Analyst (Class of 2027)

About the role

The Stephens Investment Banking Analyst Program is a two-year, generalist program beginning with three weeks of intensive training in Little Rock led by Stephens bankers. Analysts assist junior and senior bankers in advising clients across multiple products and industries, gaining exposure to private equity firms and family offices. The program offers significant learning opportunities and prepares analysts for a rewarding career in finance while contributing meaningfully to the team.

Analysts work on deal structure, modeling, presentations, client communications, and more.

About Stephens

Founded in 1933, Stephens is one of the nation’s largest family-owned diversified financial services firms, privately held by the Stephens family. The firm prioritizes long-term client relationships and offers services including investment banking, wealth and investment management, fixed income and equities trading and sales, insurance and risk management, public finance, and private capital. With a national and international presence, Stephens has a strong track record of advising small and middle-market companies as well as global organizations across all major sectors.

Our investment banking professionals collaborate closely to address M&A and capital needs, often working with transatlantic colleagues on high-profile projects for successful public and private companies.

Our Culture

Stephens is built on a team of expert bankers with deep sector knowledge and an average of over a decade of tenure at the firm. This stability fosters a supportive environment while maintaining a rigorous commitment to client service and relationship-building. Senior bankers actively mentor analysts, and many former analysts have advanced to senior roles within the firm. The program is designed to be mutually beneficial, whether analysts stay at Stephens or pursue other opportunities.

Responsibilities

• Develop detailed financial analysis for various types of transactions
• Compose presentation materials, including tailored pitch books, Confidential Information Memorandums, and other marketing materials
• Conduct quantitative and qualitative industry research and analysis
• Perform operational and administrative tasks as needed

The two-year program prepares motivated analysts for an Associate role at Stephens.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (preferred)

Skills

• Strong interpersonal skills
• Excellent verbal and written communication skills; effective team player with a commitment to excellence
• Analytical, critical thinking, and problem-solving skills with the ability to determine appropriate action
• Self-starter with the ability to manage time effectively, prioritize work, and meet deadlines with minimal supervision
• Attention to detail with an emphasis on accuracy and quality
• Outstanding record of academic achievement
• Demonstrated interest in accounting and finance
• Exceptional math and analytical aptitude
• High level of personal integrity and work ethic
• Ability to maintain confidentiality
• Advanced computer skills in Microsoft Word, Excel, PowerPoint, and Access
• Ability to accurately read, interpret, and communicate large volumes of numbers and data

Certifications

The following registrations will be required for employees in U.S. office locations within 6 months of employment:

• SIE – Securities Industry Essentials
• Series 7 – General Securities Representative
• Series 63 – Uniform State Law Exam
• Series 79 – Investment Banking Representative Exam

Start Date: June 2027
Locations: Atlanta, Dallas, Little Rock, London