Investment Banking Associate

Brean Capital, LLC; Philadelphia (Philadelphia County); Vor Ort; USD 120.000 - 190.000; Vollzeit

Benefits dieser Stelle

Lean deal teams

Career path

Competitive salary

Zusammenfassung

Brean Capital, LLC is seeking an experienced Investment Banking Associate to join its Financial Institutions Group in Philadelphia. You will own end-to-end transaction workstreams for depositories and insurance clients while mentoring Analysts and serving as a primary client contact.

You’ll drive complex financial models, coordinate across deal teams and regulators, and contribute to business development with senior bankers.

Qualifikationen

• Bachelor degree with strong academic record; MBA or CFA is a plus but not required.
• 3+ years of transactional experience in investment banking or related fields with M&A experience.
• Demonstrated M&A and capital markets execution across banks and/or insurers.
• Deep understanding of banking or insurance accounting and valuation drivers.
• Advanced financial modeling skills; fluency with industry tools; able to manage multiple transactions.

Aufgaben

• Lead day-to-day execution of M&A, capital raising, and advisory transactions for banks and insurers.
• Own and review complex financial models including merger models and operating projections.
• Oversee valuation work and prepare materials for fairness opinions.
• Prepare pitch books, information memoranda, and client presentations.
• Manage due diligence, document drafting, and coordination with counsel and teams.
• Develop client relationships and support senior bankers in business development.
• Supervise and mentor Analysts and coordinate across live projects.
• Collaborate with FIG equity research and institutional sales on capital markets execution.

Kenntnisse

Financial modeling

Client communication

Team leadership

M&A knowledge

Ausbildung

Bachelor's degree

MBA preferred

Tools

S&P Capital IQ Pro

Bloomberg

FactSet

Jobbeschreibung

Financial Institutions Group - Depositories & Insurance

Position Overview

Brean Capital is seeking an experienced Investment Banking Associate to join its Financial Institutions Group in Philadelphia. The Associate will play a central role in the execution of M&A, capital raising, and strategic advisory assignments for depository institutions and insurance companies, while managing and developing Analysts and serving as a primary day-to-day point of contact for clients.

This role offers significant responsibility and client exposure on a growing platform. Associates are expected to own transaction workstreams end to end, drive the quality and accuracy of all deal team deliverables, and contribute meaningfully to business development alongside senior bankers.

Key Responsibilities

• Lead the day-to-day execution of M&A, capital raising, and advisory transactions for banks, thrifts, credit unions, and insurance companies, coordinating across the deal team, clients, counsel, auditors, and regulators as needed
• Own and review complex financial models, including merger models (accretion/dilution, pro forma capital, TBV earn back, purchase accounting marks), capital raise and recapitalization models, and detailed operating projections for depository and insurance clients
• Oversee valuation work across methodologies (trading comparables, precedent transactions, DCF/DDM, contribution and sum-of-the-parts) and prepare materials in support of fairness opinions
• Direct the preparation of pitch books, board presentations, confidential information memoranda, management presentations, and offering documents; ensure analyses and messaging are accurate and client-ready
• Manage due diligence processes, including diligence request lists, virtual data rooms, buyer/investor outreach and tracking, and management of third-party advisors
• Draft and review transaction documents and marketing materials in coordination with legal counsel and the Firm's capital markets, syndicate, and compliance teams
• Develop and maintain relationships with client management teams and boards; serve as a key point of contact throughout the transaction process
• Support senior bankers in business development, including identifying and screening opportunities, preparing targeted pitch materials, and developing sector insights and thought leadership
• Supervise, train, and mentor Analysts; review their work for accuracy and allocate resources across multiple live projects
• Coordinate with Brean's FIG equity research and institutional sales teams on capital markets execution

Qualifications

• Bachelor's degree with a strong academic record; MBA or CFA designation is a plus but not required
• 3+ years of transactional experience in investment banking, private equity, corporate development, transaction advisory services, Big 4 deal advisory, or M&A legal practice, with direct involvement in executing M&A, capital raising or other strategic transactions
• Demonstrated transaction execution experience across bank M&A and/or capital raising (common equity, preferred, subordinated debt) or insurance M&A and capital markets
• Deep understanding of bank and/or insurance accounting, regulatory capital frameworks, and sector-specific valuation drivers
• Advanced financial modeling skills and expert-level proficiency in Excel and PowerPoint; fluency with S&P Capital IQ Pro, Bloomberg, or FactSet
• Proven ability to manage multiple transactions and Analysts simultaneously while maintaining high quality standards
• Strong client-facing communication skills, both written and verbal, and the judgment to represent the Firm with client management teams and boards
• Entrepreneurial mindset and a desire to help build a growing FIG platform
• FINRA SIE, Series 79, and Series 63 registrations preferred; must be obtained within the Firm's required timeframe if not currently held
• Must be eligible to work in the United States without sponsorship

Licensing & Registration

Successful candidates will be required to obtain the FINRA Securities Industry Essentials (SIE), Series 79 (Investment Banking Representative), and Series 63 (Uniform Securities Agent State Law) registrations within the timeframe prescribed by the Firm following hire. Existing registrations are a plus.

Associates at Brean are given the autonomy and client exposure needed to progress to Vice President. The Firm's growth following the recent acquisition of the Depository & Insurance Investment Banking, Equity Research, and Institutional Equity Sales businesses of Janney Montgomery Scott creates a clear runway for high performers to take on expanded coverage and origination responsibilities.

Why Brean Capital?

• Lean deal teams and direct, day-one exposure to senior bankers and client management teams
• A growing platform with meaningful responsibility and a clear path for advancement
• A sector-focused group where you build true domain expertise in depositories and insurance
• Entrepreneurial, collegial culture with an open-door policy across the Firm
• Competitive base salary, discretionary bonus, and comprehensive benefits

About the Financial Institutions Group

Brean's Financial Institutions Group (FIG) provides strategic advisory and capital markets services to depository institutions and insurance companies across the United States. The Group's depository practice advises community and regional banks, thrift holding companies, and credit unions (generally under $25 billion in total assets) on whole-bank and branch M&A, mutual-to-stock conversions, capital planning, and public and private offerings of common equity, preferred equity, subordinated debt, and senior holding company debt. The Group's insurance practice advises property & casualty, life & annuity, and specialty carriers, as well as insurance distribution and services businesses, on M&A, capital raising, and strategic alternatives.

The team is supported by a dedicated FIG equity research and institutional sales platform, giving junior bankers direct exposure to the full capital markets process from origination through execution. Brean's FIG bankers are located in Philadelphia, Atlanta, Cleveland, Chicago, New York, and San Francisco, and junior professionals work on a national basis with senior bankers across all offices.