Does not value junior bankers, quickly growing company with opportunity to make impact - Investment Banking Analyst Jefferies Employee Review

3.0
Mar 6, 2013
Recommend
CEO approval
Business Outlook

Pros

Some deal teams are lean and you get a lot of responsibility and interaction with senior bankers and clients as an analyst. More opportunities to run a deal. Jefferies used to provide good perks (lunch, mobile plan reimbursement, huge discount to LA Sports Club for analysts, etc.) but then they disappeared during the downturn.

Cons

During the downturn, they laid off junior bankers first and then made aggressive strategic senior hires. They claim that analyst bonuses were on par with the rest of the street, but very few actually get that top bonus relative to other banks. Certain IB groups have a terrible reputation. Tech (formerly Jefferies Broadview) used to do great deals, but now run by mostly political senior bankers.

Explore other reviews about Jefferies

5.0
Apr 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Meritocracy, good culture and work life balance

Cons

Politics and transparency from senior management

3.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Supportive firm-wide culture; competitive pay; surrounded by some of the smartest people you'll ever meet.

Cons

Like most banking jobs, incredibly long hours. Group specific: culture can be poor / not well supported, poor organization / staffing at group level.

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