Managing Director, Restructuring Banker

Wedbush Securities • New York, NY

254d • $250,000

About The Position

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.

Requirements

• 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

Responsibilities

• 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

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree