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FinTech Strategy and Business Development Associate

Company:
Financial Technology Partners LP
Location:
San Francisco, CA
Posted:
May 15, 2024
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Description:

Position: Business Development Associate

Location: San Francisco (in office 3x week)

Company Description: Financial Technology Partners (aka “FT Partners”) is the only investment banking firm focused exclusively on the financial technology sector. We broadly define the sector as the dynamic convergence of technology-based solutions and financial services. FT Partners was recently recognized as "Dealmaker of the Year" and "Investment Banking Firm of the Year" by The M&A Advisor.

The firm was founded by Steve McLaughlin, Managing Partner, formerly a senior investment banker in Goldman Sachs & Co.'s Financial Technology Group and Financial Institutions Group in New York and San Francisco. The firm's Founder and senior bankers are all highly experienced investment bankers formerly with the financial technology, M&A and investment banking groups of Goldman Sachs & Co in New York, San Francisco, London and Los Angeles, as well as Morgan Stanley, JP Morgan, Evercore, and more.

Role Description:

This is a very unique opportunity on the Business Development team of an elite investment bank. FT Partners has an unparalleled reputation as the preeminent advisor in the Financial Technology sector and is highly sought out by companies, investors and boards of directors from all around the world. Our research and analysis has been featured on Bloomberg, the Wall Street Journal, Dow Jones, and the Financial Times and is regularly viewed by CEOs and industry leaders around the world. FT Partners' unique insight into FinTech is a direct result of successfully executing hundreds of transactions combined with over 20 years of exclusive focus on the FinTech sector. In this role, you will:

Execute both external and internal high priority strategic activities globally for the firm

Identify and gain deep familiarity with all players across the FinTech ecosystem, including speaking with CEO/CFO/Board level executives and Private Equity / Venture Capital Investors around the world

Work closely with senior bankers and other FT Partners executives to develop and implement strategies to further cement FT Partners as the central point within the FinTech ecosystem

Manage a team of analysts to identify and evaluate new investment banking opportunities, perform valuations, and maintain our proprietary database

Assist the research team in identifying significant M&A and private capital raising transactions and produce high quality / high visibility reports

Work closely with firm management to analyze efficiency and various KPIs, understand firm capacity, and evaluate / implement new solutions to drive greater firm efficiency and performance

Develop subject matter expertise in the FinTech industry and develop high impact, client facing reports on investment trends and acquisitions in this space

Gain valuable first-hand experience with Investment Banking concepts and exposure to senior level investment banking team members

All employees on the Business Development team learn a significant amount about the investment banking process as well as the "ins and outs" of the merger & acquisition and private capital raising processes. Because we are a boutique investment bank, you will also gain significant exposure to senior investment banking professionals, senior executives at FT Partners, and leading-edge financial technology companies. There are significant opportunities to take on additional responsibility over time as specialized knowledge is gained.

Salary: 110-115k base

General Qualifications:

Minimum 3+ years work experience

Strong interest in finance, business development, consulting, and research

Exceptional writing, verbal communication and excel skills

SQL, python, and / or Tableau skills are not required, but will be useful

Deep understanding of financial statements preferred

Strong work ethic and a drive for excellence

Team player, self-motivated, and entrepreneurial

Strong data management and research skills

High attention to detail

Permanent U.S. work authorization required

Communications Skills:

Exceptional writing and verbal communication skills, able to prepare high impact materials

Participates effectively in both internal and external meetings

Maturity and poise to work directly with client executives

Team Player:

Team player who can contribute to building a positive team spirit, keeps commitments, inspires the trust of others, works with integrity and ethically, and upholds firm values

Ability to perform under pressure, amid tight deadlines; can effectively prioritize and plan

Collaborative across teams and levels, both internally and externally

Understands coaching for long term development of self and others

Why FT Partners?

Managing Partner and Managing Directors formerly of Goldman Sachs and JP Morgan

Award-winning execution; Investment Bank of the Year / Boutique of the Year Awards (among many others)

Executing both billion dollar and early stage / high-growth VC transactions

Excellent career path, strong and competitive compensation

Unparalleled deal flow with premier client base

Access to world-class executives at high-growth companies

Dominant footprint in the one of largest sectors: financial technology

Top-notch financial sponsor relationships

Close-knit, rapidly growing team

Selected transactions include advising:

Divvy's $2.5 billion Sale to Bill.com

GreenSky’s $2.2 billion Sale to Goldman Sachs

Forge’s $2 billion Merger with Motive Capital Corp.

Truebill’s $1.3 billion Sale to Rocket Companies

Revolut's $1.25 billion Financing at a $33 billion Valuation

Payrix’ ~$800 million Sale to FIS

Cross River’s $620 million Series D Financing

Velocity Global’s $400 million Series B Financing

SpotOn’s $300 million Series F Financing at a $3.6 billion Valuation

Neon’s $300 million Series D Financing

Upgrade’s $280 million Series F Financing at a $6 billion Valuation

Mambu’s ~$266 million Series E Financing at a ~$5.5 billion Valuation

Newfront’s $200 million Financing at a $2.2 billion Valuation

CloudWalk’s $150 million Financing at a ~$2.2 billion Valuation

Inclusion and Equal Opportunity Employment: Financial Technology Partners is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors.

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