What are the responsibilities and job description for the M&A and Restructuring Investment Banking / Corporate Development Analyst position at Cantor Fitzgerald?
Job Title: M&A and Restructuring Investment Banking / Corporate Development Analyst
Location: New York City
Cantor Fitzgerald’s M&A and Restructuring Investment Banking Group serves as a key part of the investment banking and merchant banking activity of Cantor Fitzgerald. It provides financial advisory services to Cantor Fitzgerald in strategically evaluating and executing M&A transactions for Cantor Fitzgerald and its affiliated companies, including BGC Group, Inc. (Nasdaq: BGC) (“BGC”) and Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark”). Both BGC and Newmark are active investors, acquirers and sellers of businesses across a wide range of businesses including financial services, real estate services, financial technology and specialty finance. The M&A and Restructuring investment banking group works closely with business executives to evaluate and execute a wide range of transactions.
Representative acquisitions include (i) GFI Group, Inc., a financial brokerage firm acquired by BGC, (ii) Grubb & Ellis, a real estate brokerage firm acquired by Newmark out of bankruptcy, and (iii) Berkeley Point Financial, an agency lender and servicing business acquired by Cantor Fitzgerald and now part of Newmark.Representative sale transactions include (i) the sale of BGC’s insurance brokerage business to The Ardonagh Group Limited, (ii) the sale of Trayport, an electronic trading business acquired as part of the GFI Group acquisition, to Intercontinental Exchange, Inc., and (iii) the assets comprising e-Speed, BGC’s US treasury brokerage business. In addition, our group has advised on the IPO and spin-off of Newmark from BGC and executed eight de-SPAC transactions across a range of industries for SPACs sponsored by Cantor Fitzgerald including two pending Bitcoin treasury company de-SPACs.
The ideal candidate will be highly motivated, have strong analytical experience and have excellent interpersonal and communication skills. Given Cantor Fitzgerald’s entrepreneurial environment, the firm expects Analysts to assume increasing levels of responsibility. Analysts will work closely with senior bankers in small deal teams to execute and analyze a range of M&A transactions.
Responsibilities
- Assist senior bankers in sourcing potential acquisition targets and draft LOIs with target companies
- Conduct extensive financial modeling and valuation of potential acquisition targets
- Frequent meetings with prospective targets, clients, senior bankers and other transaction advisors
- Coordination of transaction processes, including capital raises and advisory transactions
- Preparation of proposals, transaction marketing materials and other written materials for meetings with clients
- Perform research and various analyses in support of new business generation
- Organize and participate in marketing and client meetings
Preferred Qualifications
- 1-3 years of experience in investment banking
- Bachelor’s degree with a record of strong academic achievement
- Preference for demonstrated interest in finance, accounting and/or economics
- Strong financial modeling/valuation and analytical abilities
- Proven ability to work well both independently and as part of a team
- Highly organized, proactive and detail oriented
- Outstanding ethics, integrity, and judgment
Salary: $100,000 - $135,000
The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Salary : $100,000 - $135,000