Investment Banking Associate, Digital Infrastructure M&A
A top-tier investment bank is hiring an Associate for its Digital Infrastructure coverage team, covering data centers, fiber, towers, wireless, and satellite. This is not a traditional media or telecom content group, and it is not a tech coverage seat. It is a dedicated infrastructure practice with its own deal dynamics, capital structures, and buyer universe, distinct from generalist TMT.
The team runs on the same fee pools and deal processes as top-tier bulge bracket names, and has recently led high-profile transactions including a lead advisory and bookrunner role on one of the first data center IPOs in years, alongside a major bulge bracket co-advisor.
What the role involves
Building and owning complex financial models, three statement, operating, and transaction models, with full command of underlying drivers and assumptions. Leading M&A processes from origination through close, working directly with senior bankers and clients. Supporting capital markets execution alongside M&A, this group is active across ECM and DCM, not M&A only. Mentoring junior team members as part of a small, tight-knit coverage team.
Who they're looking for
Associates with 2 to 6 years of experience and direct exposure to digital infrastructure, data centers, fiber, towers, wireless, or satellite, who can step in with minimal ramp time. Candidates at the Associate 0/1 or Senior Analyst level will also be considered if they bring strong modelling skills and genuine M&A transaction experience, industry specificity is a plus but not a hard requirement at this level.
Backgrounds in diversified industrials, power and utilities, or mining and metals are welcome given the modelling intensity of those sectors. Candidates from financial sponsors, ECM, DCM, or leveraged finance backgrounds are not a fit for this seat, the bar here is core M&A execution.
Boutique experience is valued if it comes from a shop specialized in digital infrastructure, or a founder/owner-focused middle market firm with genuine multi-transaction reps. Generalist boutique experience alone is not a strong fit.
Candidates should currently be employed. Extended tenure at the Senior Analyst level without progression is not a positive signal for this process.
Process
Interviews include a technical case study and modelling assessment, this stage is where the process is most selective, so strong, current modelling fluency matters more than a polished resume.
Why join
This is a place to build a career, not just take a job. The team has one of the stronger internal promotion tracks in the market, a clear history of analysts growing into associates and staying long term, low turnover, and a reputation for how it develops and supports junior bankers. Compensation is benchmarked competitively against top-tier investment banks.
If you are interested in learning more, or having a confidential chat, please reach out to alex.westacott@oliverjames.com.