Associate (f/m/x) – Investment Banking Coverage (IBCM)

Position Overview

A role in Deutsche Bank’s Investment Banking Coverage team for the German‑speaking region offers you an opportunity to work on exciting challenges with some of the most influential decision‑makers within Deutsche Bank’s broader Investment Banking & Capital Markets franchise.

Our bankers advise large companies and financial investors across the globe on some of their most important strategic transactions including takeovers and mergers, joint ventures, leveraged buy‑outs, activist & hostile defenses, and capital raising services, underpinned by one of the world’s largest and most successful debt and capital markets platforms.

Our team‑based culture promotes and rewards individual talents. Our employees have a wide variety of academic and professional careers. You will find an extremely dynamic and intellectually stimulating environment in which you are part of a team that supports your success.

Key Responsibilities

• Associate role within the Corporate Finance team based out of Frankfurt, leading day‑to‑day deal execution as well as coverage of corporates and financial sponsors in the German‑speaking region (DACH) across M&A and ECM.
• Develop client relationships through deal execution and pitching, and communicate and interact with internal coverage partners and product areas.
• Analyze companies and industries and work directly with client management teams.
• Prepare pitch books, selling memoranda and management presentations.
• Conduct sector and company research, quantitative analysis, company valuation, credit analysis, and financial modelling.
• Oversee the building and maintenance of complex financial/valuation models, including DCF, accretion/dilution, LBO, comparable trading and transaction analyses.
• Participate in the recruitment, development and training of junior bankers.

Skills & Experiences

• 2+ years of experience in Investment Banking with a focus on M&A / ECM at a bulge‑bracket investment bank.
• Deal execution track record including mergers, acquisitions, divestitures, joint ventures, spin‑offs, IPOs, rights issue/ABBs, hostile takeover & activist defense, and ratings & financing advisory.
• Ability to learn quickly and take on new responsibilities.
• Demonstrate a combination of strong quantitative/analytical skills, creative problem‑solving abilities and a thorough understanding of accounting and valuation.
• High levels of initiative and ingenuity, high pro‑activity, and drive.
• Self‑starter with the ability to confidently be the point person on a deal for clients, advising them on M&A / ECM process matters.
• Effective organizational skills – the ability to manage multiple client projects simultaneously.
• Superior written and oral communication skills – in English (must have) and German (beneficial to have).

What We Offer

• Emotionally and mentally balanced: We offer consultation in difficult life situations and mental health awareness training.
• Physically thriving: We support you in staying physically fit through health check‑ups, vaccination drives and advice on healthy living and nutrition.
• Socially connected: Networking opens up new perspectives, helps you thrive personally and professionally, and strengthens self‑confidence and well‑being. You can benefit from PME family service, FitnessCenter Job, flexible working (including part‑time, hybrid, job tandem) and an extensive culture of diversity, equity and inclusion.
• Financially secure: We provide financial security during your career and beyond, including pension plans, banking services, a company bicycle or “Deutschlandticket”.

Wir begrüßen Bewerbungen von allen Menschen und fördern ein positives, faires und integratives Arbeitsumfeld.