What are the responsibilities and job description for the Managing Director, Consumer (Retail) Investment Banking position at Wedbush Securities?
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.
The Consumer (Retail) sector has long been an area of focus for the firm (investment banking, equity research, sales and trading). The Consumer Investment Banking group at Wedbush is seeking an experienced Managing Director to take on a key leadership role in transaction origination. The ideal candidate will have an entrepreneurial spirit and a track record of revenue generation.
This opportunity will be in office can be based in our New York or Los Angeles office.
Responsibilities include, but are not limited to :
- Initiate new client relationships and expand the Wedbush franchise within the consumer, retail and / or eCommerce sectors
- Engage in marketing activities with existing and new potential clients and manage deal pipeline
- Oversee all aspects of transaction life cycle : client sourcing, marketing, due diligence, negotiation, documentation and closing
- Develop strong internal relations with various departments to maximize firm-wide success and profitability
- Maintain professional image of the company
- Mentor, lead, and develop team members
- Perform other tasks and duties as required and assigned
Experience and Skills
Job Benefits
What Wedbush Offers You
As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.
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 $250,000.
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.
Salary : $5,250 - $250,000
