Job Description

Investment Banking Associate (Summer Internship Program)

Location: Chicago Headquarters

About the role: Investment Banking Associates support the firm's investment banking and financial advisory efforts and work alongside senior bankers in deal origination, execution, distribution and closing. Associates will gain significant exposure to all aspects of the investment banking industry, including building financial models, authoring offering materials, creating management presentations and conducting industry research.

The position offers MBA students the opportunity to:

• Build sector expertise in renewable and conventional power generation, power and utilities, energy technology and infrastructure
• Conduct financial analysis and create detailed financial models, valuation and pro forma analysis of clients' businesses, projects and acquisition targets
• Assess strengths and risks of client positioning and perform due diligence on clients and acquisition candidates
• Support capital raise and M&A processes by preparing offering materials and distribution lists
• Develop strategic and critical thinking skills to help clients navigate the rapidly changing energy and infrastructure markets
• Work directly with senior-level bankers in a leading energy investment banking firm

Skills & Qualifications:

• 4+ years working knowledge of finance and accounting
• Robust analytical skills
• Excellent interpersonal and communication skills
• Experience working in teams
• Ability to simultaneously manage multiple projects in an intimate, fast-paced environment
• Close attention to detail and ability to work toward specified timelines
• Strong financial modeling and advanced Microsoft Excel skills
• Knowledge of or interest in the renewable and conventional power generation, energy storage, power and utilities, and energy infrastructure sectors (a plus)

Recruiting and Application Process: The application deadline for the Summer Associate position is November 23, 2025. Applications will be reviewed on a rolling basis. You can upload your completed application materials to our job posting board.

Applications will be reviewed on a rolling basis. You can upload your completed application materials to our job posting board.

1. Why are you interested in Marathon Capital?
2. How have you positioned yourself for a career in investment banking in the renewable energy and clean infrastructure sectors?
3. Choose a potential client that you believe is an industry leader in Marathon Capital's target market and explain your reasoning.

Candidates selected from resume review will be asked to complete a brief, take-home model exercise, followed by an initial phone interview. Together, these items will determine candidate selections for final, Super Day-style interviews.

About Marathon: Marathon Capital is the largest independent investment bank dedicated to servicing the clean economy. Throughout its 25-year history, the firm has played a pivotal role in many of the groundbreaking and transformative transactions for new and emerging sectors, consistently delivering exceptional results for its clients. The firm is a leading global financial adviser across M&A, equity capital markets, debt capital markets, tax credits, offtake, and energy transition. Marathon Capital is a multi-year winner of "M&A Advisor of the Year" by Power, Finance & Risk Magazine, and was recently awarded "Financial Adviser of the Year North America (2023)" by IJ Global. Marathon Capital is headquartered in Chicago, with offices in New York, Houston, San Francisco, San Diego, London, and Calgary with local presence in Madrid and Seoul.

Equal Employment Opportunity: Employment decisions at the Company are made without unlawful regard to race, color, religion, age, national origin, ancestry, alienage or citizenship status, sex, sexual orientation, gender identity or expression, disability, pregnancy, childbirth, and related medical conditions, military or veteran status (including unfavorable discharge from military service), marital status, conviction record, sexual and reproductive health decisions, genetic information, or any other characteristic protected under applicable law. The Company is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company, including supervisors, co-workers, and interns.

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