BDO Global New York , NY 10007
Posted 1 week ago
Job Summary:
The President and Chief Compliance Officer, for BDO Capital Advisors, LLC will serve dual roles in leading the organization's investment banking subsidiary and managing its operational and compliance functions. The individual in this role will be focused on leading the middle market investment bank which focuses on sell-side advisory, acquisition advisory, ESOP advisory, capital raising, special situations and board advisory services. The President and Chief Compliance Officer will work on building, implementing, and overseeing processes, workflows, procedures, and work product in accordance with all regulatory requirements. The role will oversee daily activities within BDO Capital Advisors operations related to client accounts, transactions, and activities. The position will also play a critical role in helping to shape and guide the future growth and development of the investment bank within the organization.
Job Duties:
Provides full oversight over BDO Capital Advisors' investment banking relationships
Partners with practices organization wide on go-to-market strategies around M&A and banking
Responsible for sourcing, negotiating, and executing middle market mergers and acquisitions as well as corporate finance transactions
Generation of business prospects with a minimum fee size of $500k
Identification and acquisition of prospective clients and projects from external network and internal BDO organization sources, with specific emphasis on building relationships with BDO alliance firms
Designs and recommends to the Board for approval a business strategy that results in sustainable growth consistent with a fast-growing investment banking organization. Works closely with the Board to execute the approved strategy
Management of client needs and expectations and project elements for multiple client relationships simultaneously
Provides leadership and guidance within a functional investment banking group in association with the administration of prospective client projects and transactions
Provides regular reporting as requested to the BDO Capital Advisors Board of Directors on strategic planning and financial performance objectives
Provides strategic advice on banking relationships and initiatives directly impacting BDO Capital Advisors
Responsible for overseeing the carrying out of compliance procedures, including annual compliance certification, AML, and cybersecurity
Responsible for responding to FINRA examinations and any other regulatory inquiries
Other duties as required
Supervisory Responsibilities:
Supervises the BDO Capital Advisors' registered representatives
Evaluates the performance of BDO Capital Advisors' management personnel and assists in the development of goals and objectives to enhance professional development
Delivers periodic performance feedback, completes performance evaluations, and ultimately responsible for hiring and termination decisions
Qualifications, Knowledge, Skills and Abilities:
Education:
Experience:
Fifteen (15) or more years of experience at a middle market investment bank, required
Investment banking and middle market sell-side and buy-side advisory experience, required
Experience in leveraged recapitalizations, corporate divestitures, go-private transactions, management buy-outs and exclusive sales, required
Experience with private placements and fairness opinions, required
Proven experience growing an investment banking franchise, required
Experience developing a highly-experienced team for transaction execution, required
Experience with ESOP advisory services, preferred
Certifications:
Software:
Language:
Other Knowledge, Skills & Abilities
Superior analytical and diagnostic skills, and ability to apply analysis in determining appropriate next steps
Advanced knowledge of all appropriate forms of debt related instruments
Ability to price project plans to ensure highest level of profitability
Strong knowledge in all phases of merger and acquisition process
Knowledge of continuum of corporate finance products
Ability to source debt and equity for client engagements
Ability to source and execute middle market M&A and corporate finance transactions with valuations of $10 million to $250 million
Excellent verbal and written communication skills
Solid organizational skills with a focus on details
Build and maintain strong relationships with internal staff members and clients
An extensive contact base focused on a current pipeline of potential clients
Willingness to travel extensively to establish internal referral base and relationship network
Ability to apply and comply with SEC, FINRA, AML, and state laws requirements, including cybersecurity
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $300,000 to $400,000 with opportunity for significant variable compensation
NYC/Long Island/Westchester Range: $300,000 to $400,000 with opportunity for significant variable compensation
BDO Global