OpenAI is gaining traction in investment banking.

The AI ​​firm is looking for someone with two or more years of investment experience to join its applied AI team in San Francisco as a “subject matter expert.”

“You will bring a deep and current understanding of how investment banking work is actually performed, including company and industry research, financial modeling and analysis, valuation, diligence, transaction execution, and the creation and review of client materials,” the company wrote in its job description.

Base salary starts at $185,000 per year and can go up to $205,000 with stock offers in addition to salary. OpenAI announced last month that it had privately taken the first step toward a long-awaited initial public offering, sweetening the potential of any potential share offering.

The work will “define the quality standard for AI-assisted investment banking work,” OpenAI wrote, making clear that whoever fills the role will play a key role in evaluating the capabilities of future AI models.

“Work closely with product teams to identify the highest-value opportunities for AI in investment banking, prototype new workflows using OpenAI tools, and evaluate whether early experiences meet the needs of real users,” the description reads.

In terms of experience, OpenAI is looking for someone with “live transaction execution and production of high-quality analytics, financial models and client materials,” plus a clear understanding of each rung of the investment banking ladder.

“Understand how work and judgment evolve from junior analyst to director, and be able to identify where AI should automate execution, support decision-making, or remain subject to human review,” the job description reads.

OpenAI’s job search underscores the fierce competition among AI companies for a lucrative slice of the enterprise market.

In May, Anthropic announced 10 new agents to streamline Wall Street-style grunt work. According to a presentation from rival OpenAI, financial services is the second-largest industry by business revenue, and technology continues to lead the way.

When OpenAI released GPT-5.5 in April, the company highlighted the AI ​​model’s knowledge work capabilities, including how internal teams used it for finance-related tasks. OpenAI is set to release GPT-5.6 widely, but has paused those plans at the behest of the Trump administration.

Investment banks are already investing billions in technology, focusing primarily on AI. As Business Insider previously reported, JPMorgan Chase, the largest US bank by assets, is spending $18 billion a year on technology with a central focus on AI. Goldman Sachs is spending $6 billion this year on technology alone.

Goldman has backed OpenAI’s Deployment Company and was listed in April as a partner in building OpenAI’s Trusted Access for Cyber ​​program.

OpenAI’s program came on the heels of rival Anthropic’s release of the Claude Mythos Preview to a select group of organizations as part of Project Glasswing. JPMorgan was an early partner in Anthropic’s project, which has since expanded to more than 150 organizations in more than 15 countries.