





Please be aware you cannot submit more than 1 application per recruitment year. If you applied to our previous 2026 vacancy that application will still be available to the recruitment team for consideration. About Jefferies: Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 47 offices in 21 countries around the world, we offer insights and expertise to investors, companies and governments. Our talented professionals provide a full range of advisory and underwriting services through creative and idea-driven M&A, leveraged finance, equity & equity-linked financing and restructuring & recapitalization solutions. With approximately 1,400 investment banking professionals we provide global coverage across all products and sectors. Madrid Country Coverage Team Overview: We are a cross-product and sector agnostic team, offering Corporate Finance solutions across public and private M&A, ECM, LDCM and corporate broking to a broad range of listed clients in Spain and Portugal. Whilst our clients are predominantly listed in the Iberian region, we utilise Jefferies’ resources around the world to deliver on our clients’ global ambitions. What we like to offer you: We are seeking a 6-month Investment Banking Off-Cycle Internship Candidate, starting in August 2026 to join our Madrid office to cover M&A, Leveraged Finance, Equity & Equity-Linked Financing and Restructuring & Recapitalization Solutions for Spain and Portugal. What you can expect: Jefferies Investment Banking Interns have a unique opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees have the opportunity to make an immediate impact and gain recognition. Our Interns are exposed to the breadth of Jefferies’ offering across investment banking products and leading industry expertise by working closely with senior bankers on pitches and live deals. Our lean deal team structure will not only provide you with unparalleled hands-on experience, it will help you develop lasting personal and professional relationships with peers and senior bankers that will serve as the foundation for a successful career. In addition to performing fundamental analysis and research into companies and markets, Interns are challenged to think creatively, offer their input, and add value to the team from day one. As with everyone at Jefferies, Interns are expected to pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity. Responsibilities may include, but are not limited to: * Examining the strategic and financial merits of proposed transactions for marketing purposes * Constructing financial models and performing financial analysis of companies and assets * Working within a team assisting seniors in preparing marketing materials, information memoranda and data rooms, and co-ordinating the team's (transaction) processes * Supporting cross-business development initiatives and carrying out live transactions to include: in-depth market research (e.g. identification of acquirers/targets, transactions, market activity); detailed company profiling and analysis; compiling and handling databases; assisting with production of client presentations and documents (e.g. pitch books, information memorandums, process timetables and letters, valuation materials, etc.) * Analysing detailed corporate and financial information * Directly contacting clients and investors