Managing Director, Restructuring Banker

Wedbush Securities

  • New York City, NY
  • Permanent
  • Full-time
  • 2 days ago
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.The Investment Banking group at Wedbush is seeking an experienced Managing Director to take on a key leadership role in developing a Restructuring Practice. When you join the Investment Banking group at Wedbush, you will support both your own clients, as well as collaborate with Wedbush's sector bankers in Consumer, Financial Institutions, Healthcare, Media and Technology. The ideal candidate will have an entrepreneurial spirit and a track record of revenue generation.Responsibilities include, but are not limited to:
  • Initiate new client relationships and collaborate with sector focused investment bankers on their clients
  • Manage workflow of restructuring, bankruptcy, and advisory engagements, while enhancing relationships with existing and new potential clients
  • Lead execution of restructuring transactions, while collaborating with clients, stakeholders, and other professionals
  • Review and analyze client financial statements and projections, financial modeling, accounting, due diligence on balance sheet and P&Ls
  • Create and present deliverables to a client on project scope, findings, and results
  • Negotiate, document, and assist in the administration of the closing of transactions and subsequent billing
  • Generate annual speaker engagements at relevant conferences
  • Maintain professional image of the company and ensure compliance with applicable laws and regulations
  • Perform other tasks and duties as required and assigned
Experience and Skills
  • Bachelor's Degree from an accredited university; MBA, CFA, CPA or other advanced degrees/credentials desirable
  • 15+ years of restructuring transaction experience at either a nationally recognized investment banking, accounting, consulting or law firm, including some time in bankruptcy courts
  • Knowledge of bankruptcy law and filing rules
  • Deep understanding of the accounting and tax implications that can occur in restructuring
  • FINRA Series 79 required (can sponsor during probationary period if obtained within 3 months); Series 24 preferred
  • Proven track record with increasing responsibilities of lead generation and transaction execution
  • Excellent business oriented analytical and writing skills; strong proficiency with modelling
  • Self-driven with ability to work independently/remotely under pressure, but possessing strong collaborative and interpersonal skills
What We OfferWhat Wedbush Offers YouAs part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.
  • Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
  • Health Savings Account with company-sponsored contributions
  • Flexible Spending Accounts (FSA) traditional and dependent care
  • Pre-Tax Commuter Benefits
  • 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
  • Tuition reimbursement up to $5,250/year
  • 3 weeks of Paid Time Off
  • 2 weeks of Paid Sick Time (may vary by location)
  • 10 Paid Holidays
  • Charitable Donation Matching Contributions
  • Paid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)
  • FINRA License Sponsorship
  • Travel & Employee Assistance and Employee Discount Programs
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $250,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. At Wedbush, Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities hereThis position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.

Wedbush Securities