Investment Banking Associate

Title: Investment Banking Associate

Compensation: Base salary of $110,000–$130,000 plus bonus eligibility

Location: In-office (Minnesota); local or regional candidates (MN, WI, Dakotas) strongly preferred

About the Job:

Lakeside HR Group has been engaged by our client, a highly stable and well-established investment firm, to recruit for an Investment Banking Associate to join their team. This firm offers a unique opportunity to be part of a small, tenured team of professionals, with exceptional employee retention and a collaborative, relationship-driven culture.

This role is open due to a planned transition, creating an immediate opportunity for a motivated professional to step into an active deal environment. The Associate will play a key role in transaction execution, financial analysis, and supporting senior team members in a hands-on, high-impact setting. This is an ideal opportunity for someone looking to build long-term growth within a close-knit, high-performing firm.

Key Responsibilities:

- Support execution of middle-market transactions across various industries

- Build and maintain financial models, including valuation and scenario analysis

- Conduct financial and operational due diligence

- Prepare client-ready materials, including presentations and transaction documentation

- Collaborate closely with senior team members on active deal processes

- Contribute to research and analysis to support client engagements

- Participate in daily in-office team cadence, including an 8 a.m. team meeting

Required Skills:

- Background in transaction advisory, investment banking, private equity, or similar deal-based environments

- Experience with firms such as Baker Tilly, RSM, Eide Bailly, or similar (TAS), or prior experience as an Analyst within an investment bank or private equity firm

- Strong financial modeling and foundational accounting knowledge

- Demonstrated critical thinking and ability to operate in a less structured, evolving environment

- High emotional intelligence and ability to integrate into a collaborative, team-oriented culture

- Long-term mindset with an understanding of performance-based and transaction-driven compensation structures

- Strong communication and organizational skills

Benefits:

- Medical (Medica) and dental (Delta Dental) coverage, with 75% of employee-only premiums covered

- 401(k) safe harbor plan with profit sharing

- Bonus pool eligibility tied to firm and deal performance

- Transaction fee participation (5% at the associate level)

- Highly stable, low-turnover work environment with long-tenured team members

- Relationship-oriented, family-feel culture

About Lakeside HR Group:

At Lakeside HR Group, we understand that finding the right job is essential for your career success. We are a boutique-style human resources consulting and recruiting firm dedicated to providing personalized, tailored solutions. When you partner with us, you are not just getting a recruiter; you are getting the entire Lakeside team working together to support your career goals.

Partner with us at Lakeside HR Group, where we are more than just a recruiting firm; we are your partners in achieving your career aspirations.