Managing Director, Restructuring Banker
: Job Details :


Managing Director, Restructuring Banker

Wedbush Morgan Securities

Job Location : New York,NY, USA

Posted on : 2024-11-10T08:33:12Z

Job Description :

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.

Our Equity Sales team is seeking to hire an experienced Senior Equity Sales professional. All territories including Canada are being considered for this opportunity. This is an ideal opportunity for a career-minded individual who is interested in growing institutional equity sales business.

Responsibilities include, but are not limited to:

* Initiate, develop, and maintain relationships with institutional clients and prospects

* Contact investors on a daily basis with data points and ideas to assist in their investment process

* Introduce analysts to their respective counterparts and help maintain and grow these relationships

* Set up roadshows for companies to meet institutional investors

* Garner interest and attendance for Wedbush sponsored advisor events

* Open new accounts, increase account votes, and monetize Wedbush resources

* Keep management aware of any developments within client base

* Provide client reviews to management team

* Maintain and update CRM with customer interactions

* Performs other duties as required and assigned

Experience and Skills

* Bachelor's Degree from accredited university required, preferably in Business, Economics or other related field

* MBA desirable/preferred

* 5+ years of equity sales experience at a senior/producing level required

* Proven track record of establishing and maintaining institutional relationships

* Knowledge of our Research verticals a plus: TMT, Consumer, FIG, Healthcare

* FINRA Series 7/63 licenses required

* Existing top tier institutional and middle-market relationships

* Highly organized multi-tasker who can work effectively independently or under supervision and under tight deadlines

* Team-oriented professionalism with entrepreneurial spirit

* Extremely strong communication and interpersonal skills essential

* Strong desire to grow institutional equity sales business

* Must be highly computer literate and proficient in Excel

What We Offer

What Wedbush Offers You

As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.

* Comprehensive medical, dental, and vision coverage with multiple health plan options

* Health Savings Account (HSA) with company-sponsored contributions

* Flexible Spending Accounts (FSA) traditional and dependent care

* Pre-Tax Commuter Benefits

* 401(k) Plan: competitive discretionary company matching and profit-sharing contributions

* Tuition reimbursement ($5,250 max per year)

* Paid Sick Time, Holidays, Volunteer Time Off

* Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.

* FINRA and Professional License Sponsorship

* Charitable Donation Matching Contributions

* Travel & Employee Assistance and Employee Discount Programs

* Discretionary compensation based on the colleague's and the firm's performance

Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $100,000 plus commission.

At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and 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 here

This 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.

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