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Type of Role: Investments

Experience Level: Managing Director/CIO

Location: New York City, New York

Salary: $240K - $250K

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. Details below.

The Consumer/Retail has long been an area of focus for the firm (investment banking, equity research, sales and trading). The Consumer/Retail 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.

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

  • Bachelor’s Degree from an accredited university; MBA, CFA, CPA or other advanced degrees/credentials desirable
  • 10+ years of experience within the consumer/retail sector at a nationally recognized investment banking firm (including significant origination and execution experience with both M&A and public financing transactions)
  • FINRA Series 79 required; Series 24 preferred
  • Proven track record with increasing responsibilities of lead generation
  • Exceptional interpersonal communication skills with an ability to bring in new clients
  • Self-driven with ability to work independently

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 Vacation, 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 $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 https://www.e-verify.gov/employees/e-verify-overview