Global Banking & Markets - New York - Associate, Banker – Industry/Country Coverage - 10113155

Job Duties

• Conduct detailed financial analysis on individual, public, and/or privately held companies to assess transaction opportunities, focusing specifically on potential secondary transactions (as commonly understood) executed on behalf of financial sponsors and other financial institutions.
• Review financial reports, statements, budgets, forecasts and other financial information as provided by clients for the purpose of providing advice to those clients on potential transactions.
• Design custom reports to assist Firm’s clients and/or their portfolio companies in making strategic decisions on potential investment banking transactions by outlining the benefits and considerations of a particular transaction, including against specific and bespoke client objectives.
• Engage with investment team members at clients and management at their underlying companies to build relationships and coordinate information requests needed for analysis.
• Produce detailed fund level analysis showing potential returns for limited partners and other investors in sponsor-managed vehicles based on bespoke equity waterfalls for each transaction.
• Engage with potential investors in secondary transactions, including continuation vehicles, by conducting initial outreach, marketing discussions, and tracking of investor status and feedback.
• Liaise with and coordinate other transaction advisors such as lawyers, accountants, consultants, and valuation experts to ensure a smooth process on behalf of clients.

Job Requirements

• Bachelor’s degree (U.S. or foreign equivalent) in Finance, International Economics and Finance, Economics, Business Administration, or related field and two (2) years of experience in the job offered or in a related role.
• Prior employment must include two (2) years of experience with: developing and reviewing financial models including operating models, mergers and acquisitions, discounted cash flow, or leveraged buyout;
• analyzing company data, including strategic operating plans, documentation of live transactions, regulatory filings, annual reports & other public disclosures;
• preparing bespoke fund level financial models showing gross and net investor returns for each transaction based on proposed equity waterfalls including management fees and carried interest;
• effectively using private markets data sources such as Preqin and PitchBook to source information and conduct analysis on broader market trends including DPI analysis by cohort, rebased to time zero;
• reviewing limited partnership agreements for key commercial and economic terms that can impact returns (e.g., quantum, timing, and allocation of cash flows) and risk profile;
• private placement rules within US at federal and state level as well as for key international jurisdictions.

Salary Range

Annual base salary for this New York, New York-based position is $175,000 - $225,000.