Investment Banking Associate - Financial Institutions Group
Guggenheim Securities, LLC
Location: New York, NY
Type: Full Time
Required Education: Bachelors Degree
Employer: Guggenheim Securities, LLC
Title: Investment Banking Associate - Financial Institutions Group
Location: 330 Madison Avenue, New York, NY 10017
Duties: Analyze, structure and execute transactions on behalf of corporate clients, with a focus on Financial Institutions including insurance companies (life, property-casualty, brokerage and reinsurance), specialty finance companies (consumer and commercial finance), FinTechs and Banks. Employ valuation techniques including discounted cash flow analysis (dividends and embedded value), comparable company analysis and precedent transaction analysis based on understanding GAAP and regulatory statements, company disclosures and industry specific research. Analyze accounting and regulatory statements, debt and equity filings and documents, financial projections and models prepared by clients in various formats focused on Financial Institutions. Perform due-diligence on Financial Institution companies, including generating and managing financial and operational diligence requests, discussing diligence requests with management and employees, and performing detailed analysis on private financial information. Model out the pro forma impact of potential and live transactions including equity and debt financing, and M&A. Manage deal execution, including preparing marketing materials, teasers, confidential information memorandums, running due diligence processes, drafting non-disclosure agreements and other legal documents with lawyers and potential buyers. Manage, guide and coordinate project workstreams and junior professionals’ work product, including reviewing financial modeling work and presentations prepared for transactions, corporate board meetings, investment banking pitches and client service projects. Present to clients, including top-executives, on topics such as strategic alternatives, industry update, capital markets activities, restructuring alternatives and corporate governance issues. Employ databases including Bloomberg, Thomson Eikon, SNL and FactSet to perform comparable company and precedent transactions analyses. Mentor and guide junior analysts across several projects at one time. Assist in business development initiatives and developing pipeline for M&A and capital raising activities in collaboration with senior leadership.
Requirements: Bachelor's degree or foreign equivalent in Business Administration, Finance, Economics, STEM (Science, Technology, Engineering, or Mathematics), or related field and two (2) years of experience in the job offered or a related investment banking occupation with a specific focus in the financial institutions sector.
Must have at least two (2) years of experience in the following skills:
Employing valuation techniques including discounted cash flow analysis, comparable company analysis, and precedent transaction analysis on corporate targets.
Developing written client presentations related to potential M&A transactions or financing.
Modeling the impact of potential transactions including financing and M&A and experience with accretion dilution analyses, has/gets analyses, intrinsic value analyses and capital structure requirements.
Presenting financial transaction-related analyses to both internal partners and client executives during general business development activities and live transactions.
Researching and analyzing corporate financial performance, capital structure, credit strength, and liquidity conditions by using databases including S&P Global, FactSet, Bloomberg and Thomson Eikon.
Performing and managing due diligence on companies, including generating and managing financial and operational diligence requests, discussing diligence questions with management and employees, and performing detailed analysis on private financial information.