What are the responsibilities and job description for the Investment Banking Analyst position at Dynasty Financial Partners, LLC?
The independent RIA segment of the wealth management industry is experiencing significant growth. At Dynasty Financial Partners, we power the growth of independent RIAs through a variety of different ways.
The Investment Banking Analyst will join Dynasty’s Investment Banking team and be an integral member supporting our clients on buy-side and sell-side M&A mandates, tucking in new advisors that want to join one of our clients and the underwriting of Dynasty’s private equity and debt investments. Additionally, the Experienced Analyst will play a significant role in (i) working with our business development team to model startup P&Ls for new advisor teams seeking independence, (ii) helping to monitor our current portfolio of investments and (iii) supporting Dynasty’s corporate development activities for Dynasty as a whole.
The candidate will be expected to learn, understand and collaborate across departments to deliver best in class service to our clients. Dynasty’s Investment Banking division is led and staffed by former senior investment banking and private equity professionals. This role is intended to be dynamic and demanding with the potential for growth and advancement.
Responsibilities of the candidate will include the following:
- Financial Modeling. Exceptional financial modeling skills used in M&A, valuation and credit analysis as well as P&L modeling during the sales cycle to recruit new advisors onto the Dynasty platform. The candidate should have strong technical proficiency using Microsoft Excel, PowerPoint, and Word in order to assist with the due diligence and presentation of materials, and often times will serve as the first line of defense in reviewing a potential transaction.
- Valuations. The candidate will support the M&A team to conduct valuations for wealth management and other financial services companies. The candidate should be familiar with using discounted cash flow models as well as other suitable valuation methodologies for financial analysis and converting these models into client ready presentations.
- Equity & Credit Analysis. The candidate should be familiar with equity & credit analysis and key leverage ratios of financial services companies. In particular, the candidate should have experience with underwriting financial services companies and creating and managing KPIs post underwrite.
- Corporate Development. Work with other members of the team to periodically evaluate strategic opportunities applicable to Dynasty
- Monitor Relevant Industry Trends and News. The candidate will be expected to monitor and report on trends and news within the Wealth Management industry and help participate ideas into our quarterly newsletter publication. In addition, they will track transactions in the industry and manage communication of the transactions to the team.
Successful candidates will have the following:
- Recent finance major (other majors will be considered as applicable)
- Investment banking, private equity, credit training or leverage finance experience from a major financial institution a plus
- Comfortable building discounted cash flow analyses and creating 3-statement operating models
- Demonstrated track record of academic success and/or in prior roles
- Enthusiastic self-starter with strong communication and interpersonal skills
- Desire to learn to contribute to an entrepreneurial culture
- Familiarity with financial services technology and databases such as FactSet, SNL, Capital IQ and Discovery data
- Excellent writing, presentation, and organizational skills
- Strong attention to detail with the ability to execute complex projects
- Interest in working in a fast-paced, small team environment, with a willingness to learn new skills and concepts
- Comfortable being in a client facing role
- Series 79 license required
- Interest to live in and/or relocate to the Tampa / Saint Petersburg, FL area
Preferred Technical Skills
- Strong proficiency with Microsoft Office Suite, particularly Excel and Powerpoint
- Strong working knowledge of corporate finance
- Ability to use Salesforce reporting tools
- Ability to multi-task and prioritize
