EY-Parthenon- Investment Banking - MedTech - Managing Director

EY-Parthenon; Cincinnati (OH); Hybrid; USD 265,000 - 325,000; Full time

Benefits offered by this job

Comprehensive compensation and benefits package

Flexible vacation policy

Medical and dental coverage

Job summary

EY-Parthenon is seeking a Managing Director in Healthcare Investment Banking to lead and execute investment banking engagements in the Payor Services sector. This role requires extensive experience in M&A transactions and developing teams while advising clients on strategic transactions.

The successful candidate will work with a skilled team, leveraging EY's global capabilities to deliver comprehensive investment banking solutions.

Qualifications

• A bachelor's degree and at least 8 years of directly related work experience, or a graduate degree and at least 7 years of related work experience.
• Extensive investment banking experience, particularly originating and executing M&A transactions.
• Ability to work directly with clients as the most senior banking team representative.

Responsibilities

• Responsible for initiating and leading the execution of investment banking engagements.
• Cover the Payor Services sector and related subsectors.
• Lead and develop a team of mid-level and junior members.

Skills

Investment Banking

M&A Transactions

Financial Analysis

Relationship Management

Education

Bachelor's degree or graduate degree

Job description

Location: New York, Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, McLean, San Francisco, Cincinnati, Cleveland, Minneapolis, Nashville, Charlotte.

Opportunity

Ernst & Young Capital Advisors, LLC (EYCA) offers comprehensive investment banking services with access to a global network of EY mergers & acquisitions, debt capital markets and equity capital markets professionals. The global EY network offers a complete suite of investment banking services, and EY firms consistently rank among the leading financial services firms based on the number of completed transactions globally.

Managing Director – Healthcare Investment Banking

As a Managing Director in the Healthcare Investment Banking group, you’ll provide clients with advice on all aspects of M&A and capital markets alternatives through highly focused industry teams with world‑class, global execution capabilities. You’ll be an important part of our highly experienced, industry‑focused team and work at the forefront of high‑profile transactions.

You’ll be working in a team environment with corporate finance and established investment banking professionals on a variety of projects with primarily responsibility for leading the Payor Services practice that includes coverage of managed care, value‑based care and related organizations as part of a group with broad healthcare and life sciences coverage capabilities. Our team works to initiate and execute transactions on behalf of our clients that reflect their strategy and are supported by industry trends. You’ll be responsible for delivering comprehensive investment banking solutions, M&A, debt and equity transaction execution for the broad universe of companies in Payor Services and related sectors.

Key Responsibilities

As a Managing Director, you will be a vital member of the team responsible for initiating and leading the execution of investment banking engagements in the Payor Services sector. You will be responsible for covering the Payor Services sector and related subsectors, with duties encompassing the origination and execution of both buy‑side and sell‑side M&A transactions as well as capital markets transactions. Your coverage will include private and public middle‑market enterprises, along with relevant private equity sponsors. You’ll leverage EY’s extensive global reach and network of relationships to communicate the firm’s unique investment banking capabilities to clients’ senior executives. You will also lead and develop a team of mid‑level and junior members ensuring their career development.

Skills and Attributes for Success

• Advise companies regarding M&A, strategic, and corporate finance transactions.
• Supervise, coach and mentor Senior Vice Presidents, Vice Presidents, associates and analysts to prepare compelling pitch materials, offering memoranda and related materials for M&A and capital raising mandates.
• Develop relationships with investors and strategic participants in the sector for M&A and capital raising mandates.
• Perform extensive financial analysis, valuation analysis, and pro forma financial modeling.
• Identify key issues and potential areas of valuation and transaction risk within engagements.
• Perform in‑depth sector market and company‑specific coverage.
• Contribute to recruiting and team development initiatives.

Qualifications

• A bachelor's degree and at least 8 years of directly related work experience; or a graduate degree and at least 7 years of related work experience.
• Extensive investment banking experience, particularly originating and executing M&A transactions.
• Existing Series 7 and/or 79 plus Series 63 securities licenses (in good standing).
• Ability to work directly with clients as the most senior banking team representative able to manage all client deliverables.
• Strong experience with both originating transactions and leading a team in execution.
• Excellent interpersonal and relationship‑building skills with the ability to develop and maintain relationships at all levels of the organization.
• A proven record of excellence in investment banking transaction execution, specific to mergers, acquisitions and capital markets in Payor Services and related sectors.
• Experience gained within another credible investment banking organization.Established networking skills in a relevant industry.
• The ability and willingness to travel and work in excess of standard hours when necessary.
• You must either reside in or be in a commutable distance to your office location for this position.

Preferred Qualifications

• Knowledge of how to leverage AI tools in a business setting, including Microsoft Copilot.

What We Look For

We’re interested in talented professionals who can visualize our clients’ goals and think creatively to facilitate them – often in politically charged environments. If you have an entrepreneurial spirit and a genuine passion for taking on new challenges, this role is for you.

What We Offer You

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the U.S. is $265,000 to $325,000. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
• Join us in our team‑led and leader‑enabled hybrid model. Our expectation is for most people in external, client‑serving roles to work together in person 40‑60% of the time over the course of an engagement, project or year.
• Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial and emotional well‑being.

Equal Employment Opportunity Statement

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1‑800‑EY‑HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at [e-mail].