EF Hutton LLC is a fast-paced, high-growth, global investment bank founded by experienced investment professionals that have collectively financed over $250 billion for public and private companies alike. EF Hutton offers strategic advice and financing solutions to middle market and emerging growth companies around the globe.
Title
Associate, Investment Banking
Role Overview
EF Hutton is expanding their investment banking platform and looking for talented Associates to join the team. The Associate role will work with team members to support the new business, transaction execution, and client management efforts of the organization, while gaining broad and deep exposure to a variety of transactions.
POSITION SUMMARY:
The Associate is a mid-level position in the Investment Banking division. Their main responsibility is to support senior bankers in executing transactions, including mergers and acquisitions, equity and debt offerings, and other corporate finance activities. This job involves conducting financial analyses, preparing marketing materials, managing due diligence processes, and communicating with clients and other stakeholders.
ESSENTIAL FUNCTIONS:
- Conducting financial analyses such as discounted cash flow (DCF) and comparable company analysis (CCA) to evaluate potential transactions.
- Preparing marketing materials such as pitch books, teasers, and offering memorandums to present to clients and investors.
- Managing due diligence processes by coordinating with legal, accounting, and other advisors to identify and address potential risks and issues.
- Communicating with clients, investors, and other stakeholders to provide updates on transaction progress and address any concerns or questions.
- Supporting senior bankers in managing the overall deal process, including negotiating terms and conditions with counterparties.
- Partner with senior banking team members to build financial models and prepare presentation materials and other deliverables for investment banking clients.
- Serve as a key resource working closely with Vice Presidents and Managing Directors to create client deliverables and meet ad-hoc client requests.
- Lead due diligence sessions for clients.
- Play a key role supporting origination, evaluating opportunities, and executing deals, working on a broad scope of assignments and products across multiple sectors.
- Prepare client presentations and final work products.
- Perform industry and company research.
- Assist in coordinating information flow and execution with product groups.
- Conduct financial analysis and modeling to support the valuation of companies and assist in the pricing of transactions.
- Create marketing materials, including pitch books and offering memoranda, to support the marketing and distribution of transactions.
- Conduct market and industry research to identify potential clients and market trends.
- Participate in managing relationships with clients, including attending client meetings and providing support to senior team members.
- Participate in the due diligence process by reviewing financial statements and conducting research on potential risks and opportunities.
- Assist in the preparation of transaction documents, including term sheets, purchase agreements, and other legal documentation.
- Work collaboratively with cross-functional teams, including legal, accounting, and other advisors, to execute transactions.
SUPERVISORY RESPONSIBILITIES MAY INCLUDE:
· None.
REQUIRED AND PREFERRED QUALIFICATIONS:
Minimum Education: Bachelor’s degree required
Required Licensure: FINRA licenses 63, 86, and 87.
Required Experience, Skills, and/or Knowledge:
- Minimum 3 plus years of Investment Banking experience
- Experience with executing IPOs, follow on and shelf offerings and PIPEs a plus
- Excellent technology skills with superior Microsoft Excel and PowerPoint skills
- Professional maturity and experience to interact with senior bankers
- Demonstrate strategic and creative thinking and distinguished communication skills
- Ability to manage several projects at once and work effectively as an individual and as part of a team
- Strict attention to detail with demonstrated ability to take initiative
- Should possess interest and understanding of financial markets, aptitude to learn, and demonstrated history of strong academic performance and professional drive
- Strong public speaking skills and comfortable with leading large group conference calls
COMPETENCIES:
- Quality of work & attention to detail: Delivers error-free work that fulfills the requirements of the assignment.
- Organization & Productivity: Efficiently uses time; plans and prioritizes work effectively; completes assignments on schedule; seeks to assist in areas outside of standard scope of responsibility; gets things done.
- Client Management: Makes clients the top priority while effectively managing client expectations; listens carefully to client needs and recommends appropriate services in response; keeps client informed and follows up to ensure client satisfaction.
- Contributes Constructively: Provides helpful, relevant, and original ideas that result in improvements to work and deliverables. Challenges the status quo.
- Positivity & optimism: Maintains a positive outlook; faces challenges with optimism; sees the possibilities in all situations.
- Accountability: Takes personal accountability for actions, rather than placing blame on others.
- Initiative & Follow Through: Identifies what is needed to be done and does it before being asked or before the situation requires it; acts quickly to achieve results; sees tasks through to the end. Is dependable and reliable and brings their best each day and to every task.
- Adaptability/Flexibility: Adapting to changing needs, conditions, and work responsibilities; meeting deadlines, and maintaining composure in stressful situations; open to different and new ways of doing things; willing to modify approach.
- Interpersonal Skills: Building constructive working relationships characterized by a high level of cooperation and mutual respect; communicating respectfully and listening to others while making an attempt to understand alternative viewpoints.
- Communication Skills: Demonstrates mastery of both written and verbal communications, delivering clear and organized thoughts.
- Attendance & Punctuality: Shows up on time each day and puts in the hours needed to get the work done.
- Technology: Must be proficient in Microsoft Office (including competency in use of Excel, Word, PPT, and Outlook), as well as the ability to learn new programs and skills as needed.
WORKPLACE LOCATION
- Our team operates out of our beautiful offices on Madison Avenue in New York City. This role requires daily presence in the office as well as at client offices for meetings, events, etc.
SCHEDULING REQUIREMENTS
- Requires some flexibility in scheduling, such as the ability to work evenings and weekends to meet client deliverables.
TRAVEL REQUIREMENTS
- Requires ability to travel locally by car/public transportation, as well as domestic and international trips involving air travel for multi-night stays.
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required of personnel so classified. EF Hutton retains the right to change or assign other duties to this position.
EF Hutton is an equal opportunity employer. We believe that the most effective way to invite and retain a diverse workforce is to build an enduring culture of inclusion and belonging. The Firm does not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
Job Type: Full-time
Pay: $100,000.00 - $150,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Ability to Commute:
- New York, NY 10022 (Required)
Work Location: In person
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