en.Wedoany.com Reported - OpenAI is recruiting an investment banking expert to help train its artificial intelligence system for work in the industry. The company is seeking a "subject matter expert" with at least two years of investment experience for its applied AI team based in San Francisco.
According to Business Insider, the base annual salary for the position ranges from $185,000 to $205,000, along with equity incentives. This equity package is particularly significant after OpenAI took initial private steps last month toward its highly anticipated initial public offering. The job posting states that the core task of the role is to "define quality standards for AI-assisted investment banking work," meaning the candidate needs to be proficient in current research, financial modeling, valuation, due diligence, and client materials that bankers handle on a daily basis.
The role focuses more on judgment than mere execution. OpenAI expects applicants to understand the evolution of responsibilities from junior analyst to director, and to accurately identify where AI should automate tasks, assist decision-making, or still require human review. This is not OpenAI's first foray into the field; it is part of a broader trend of recruiting financial industry insiders. Banks and AI labs are paying former Wall Street employees up to $25,000 per day to train models based on the work they once performed.
Finance is one of the richest domains for enterprise AI, which is why AI labs are racing to enter it. Anthropic stated in May that financial services was its second-largest industry for enterprise revenue and has built a $1.5 billion business pipeline on Wall Street to solidify its advantage. OpenAI is taking a multi-pronged approach, recently launching a multi-billion-dollar deployment company backed by institutions including Goldman Sachs Group, while expanding ChatGPT into personal finance, extending its influence from trading floors to checking accounts.
Banks themselves are also investing heavily, with JPMorgan Chase spending $18 billion annually on technology and Goldman Sachs spending $6 billion. Goldman Sachs has also supported OpenAI's cybersecurity access program, while JPMorgan Chase was an early participant in Anthropic competitor Glasswing's plan. For banks, the promotional logic is straightforward: let AI handle tedious tasks like analyst-level model building and presentations. This aligns with the automation logic described by Citigroup's Jane Fraser as one of two AI races reshaping the industry.
OpenAI demonstrated its capabilities in financial tasks when it launched GPT-5.5 in April, while the broader GPT-5.6 version, though ready, was paused at the request of the Trump administration. The pace of improvement in these models has exceeded what the release schedule allows. Hiring a banker to evaluate output is OpenAI's way of bridging the gap between impressive demonstrations and work that a managing director can actually sign off on. The junior analyst level is its target, and the job posting makes no secret of this.
