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Associate, Investment Banking: H-1B salaries
205 labor condition applications used the job title Associate, Investment Banking. Median offered base salary $175,000; middle half $175,000–$175,000.
Applications (LCAs)205
Median offered salary$175,000
Middle half of salaries$175,000–$175,000
10th–90th percentile$165,000–$200,000
Employers
| Employer | LCAs | Median salary |
|---|---|---|
| JPMorgan Chase & Co. | 101 | $175,000 |
| Nomura Securities International, Inc. | 30 | $175,000 |
| TD Securities (USA) LLC | 26 | $190,000 |
| Santander U.S. Capital Markets LLC | 17 | $175,000 |
| Barclays Capital Inc. | 4 | $175,000 |
| MTS Health Partners, L.P. | 3 | $160,000 |
| Cohen & Company, LLC | 3 | $175,000 |
| Santander US Capital Markets LLC | 3 | $175,000 |
| Oaklins DeSilva & Phillips LLC | 2 | $102,500 |
| SMBC Nikko Securities America, Inc. | 2 | $190,000 |
| Scotia Capital (USA), Inc. | 2 | $175,000 |
| Deutsche Bank Securities, Inc. | 2 | $162,500 |
| Cowen and Company, LLC | 1 | $160,000 |
| Goldman Sachs & Co. LLC | 1 | $175,000 |
| J.V.B. Financial Group, LLC | 1 | $175,000 |
| JVB Financial Group, LLC | 1 | $175,000 |
| Chardan Capital Markets, LLC | 1 | $175,000 |
| Cohen & Company Securities, LLC | 1 | $175,000 |
| BMO Capital Markets Corp. | 1 | $118,248 |
| Edgemont Capital Partners, LP | 1 | $185,000 |
| Cantor Fitzgerald & Co. | 1 | $225,000 |
| B. Riley Securities, Inc. | 1 | $160,000 |
By wage level
| Wage level | Median salary |
|---|---|
| Level I (entry) | $175,000 |
| Level II (qualified) | $175,000 |
| Level III (experienced) | $175,000 |
| Level IV (fully competent) | $175,000 |
The Department of Labor sets four prevailing wage levels for each occupation and area, from Level I (entry) to Level IV (fully competent). The employer picks the level that matches the job's requirements.
By fiscal year
| Fiscal year | LCAs | Median salary |
|---|---|---|
| FY2023 | 32 | $175,000 |
| FY2024 | 36 | $175,000 |
| FY2025 | 52 | $175,000 |
| FY2026 | 84 | $175,000 |
Cities
- New York, NY168
- San Francisco, CA24
- Houston, TX5
- Menlo Park, CA2
- Chicago, IL2
- Los Angeles, CA2
- Boston, MA1
- El Segundo, CA1
Salaries are the lower end of the wage offered on each application, converted to a yearly amount; statistics use certified full-time applications only. An LCA is not a visa approval and one LCA can cover several positions. Source: U.S. Department of Labor, OFLC LCA Disclosure Data, fiscal years 2023–2026 (latest decision Jun 30, 2026).