Private Equity Associate – Financial Services

About Us

A PE firm focused on the financial services industry. Located in California and Texas, the firm has been a leading investor in community banking since its inception over 3 decades ago, having raised and managed eight PE funds, multiple special situations funds, and most recently a fintech fund.

We have more than 100 years of combined industry experience-50 years operating banks and another 50 investing in them-which allows us to bring a unique insight to our portfolio companies.

About the position

We are looking for a PE Associate to work directly with the investment team focusing on the financial services vertical. The new hire will learn every aspect of this multi-platform business. This is a wonderful opportunity to join a firm with a diversified growth strategy.

It is a traditional Associate role of modeling/analytics; and, assuring that the quality of the product is excellent before it hits partners' desks.

A short summary of duties

• Help manage transactions across the financial services vertical
• Construct investment theses through industry research and pipeline development
• Present at investment committees, own deal models, create and vet business cases for valuation, help support due diligence
• Draft LOIs and negotiate key deal points with sellers and sellers' bankers
• Support existing and prospective portfolio companies through various initiatives including capital optimization, M&A, market analysis, and operations

Requirements

The team values honesty and integrity and the right person will be confident, ambitious, and assertive. This team embraces the "work hard, play hard" mentality.

• Less than 4 years of FIG IB/PE/HF/ER/ Operations/Corp. Development – Must have exposure to FIG transactions
• Competent at in-depth financial analysis
• Quantitative and Detail Oriented
• Strong Financial Modeling Skills
• Must understand structuring of deals
• Ability to write investment memoranda
• Outstanding Communication Skills - written and verbal
• Completion of a Strong Analyst Training Program and/or Modeling program is a MUST if coming from Operations/Community Bank
• Understanding of M&A, Capital Markets, and Accounting