Investment Banker is an individual, working for a financial institution which is in the business of raising funds or capital for companies and government. An investment banker serves various other purposes as well. These may include, specific transaction advice, advice on mergers, acquisition advice and so on.
Role of Investment Banker
These bankers are known for assisting complicated and fairly large transactions. This includes advice on structuring an acquisition, sale or merger deal OR what is the worth of a company and so on.
The functions of an investment banker may also include issuing of securities for raising funds for clients and creating the required documents. They are an expert in their field and are well versed with the current investment climate. They serve as a facilitator between the investors and the company when the company issues the securities.
Preferred Qualities
One of the major things to keep in mind is that these bankers must be extremely trustworthy. This is because they come across the confidential information of the companies and they should respect the confidentiality of the same. They should not use the inside information of a business for their own benefit. They should abide by the code of conduct set by the company by signing an agreement.
Anyone looking to take up a career in investment banking will find this article useful. It’s rightly said that the major thing to be an investment banker is being trustworthy. Not everyone will be comfortable sharing their finances with someone and an investment banker has to instil that confidence in them.
The job of an investment banker is like a diplomat. He has to maintain the trust and balance both the investor and the company. They cannot use the information for their personal benefit but they can surely assist the investor before he has to invest. A fairly large number of banks have appointed the investment bankers but the credit worthiness is yet to be prooved.