What is the Difference Between a Junior Banker and a Senior Banker?

A junior banker is typically an entry-level employee at an investment bank who is working on their first few deals. Junior bankers are often responsible for supporting senior bankers on deals, including tasks such as financial modeling, creating presentations, and conducting market research. Junior bankers may also be responsible for more administrative tasks, such as managing document flow and coordinating meetings.

A senior banker, on the other hand, is a more experienced employee who is responsible for leading deals and managing junior bankers. Senior bankers typically have a deep understanding of the industry and market in which they operate and are responsible for developing relationships with clients, structuring deals, and negotiating terms. They may also have responsibility for business development and may be involved in strategic decision-making at the firm.

In general, junior bankers are at the beginning of their careers and are learning the ropes, while senior bankers are more experienced and have more responsibility and autonomy.