Managing Director, Fund Banking (Fund Finance)
$200,000–$200,000 year
On-siteSan Francisco, California, United States
Job Summary
Originate, develop, and maintain Fund Banking and Fund Finance business independently for venture capital and private equity firms in the New York City and northeast geographies. Negotiate and structure bilateral capital call credit facilities from the ground up, partnering with peer departments to cross-sell opportunities. Build and manage a network of VC/PE firms while coaching new team members and proactively managing credit quality with portfolio managers and risk teams. Maintain deep knowledge of the VC/PE ecosystem and Stifel's broad product offerings. This Director/Managing Director role requires 7+ years of relevant experience and a strong presence in New York City.
Required Qualifications
- Direct experience in a business development role engaging with VC/PE funds
- Knowledge of structuring and managing Fund Finance credit facilities
- Knowledge of treasury management and depository needs of VC/PE firms and their fund administrators
- Exposure and pre-existing relationships within the VC/PE ecosystem
- Effective communication skills to properly interact with prospective clients, including senior partners at VC/PE firms
- Experience managing effective teams
- Strong team leadership skills with experience recruiting, coaching and developing talent pipeline
- Outgoing and confident personality with the ability to attend many in-person industry events within the VC/PE ecosystem
- Bachelor's degree in Finance or related field
- 7+ years of relevant experience
- Proficient in Microsoft Excel, Word, PowerPoint, Outlook
- Strong underwriting and deal structuring skills
- Maintain in-depth knowledge of the VC/PE and Fund Finance ecosystems along with Stifel's broad offering of products
- Strong presence in New York City
- Must be available for weekend shifts
- Must be able to lift 50 lbs
Desired Qualifications
- Partner and cross-sell with peer departments at Stifel (Venture Banking, Investment Banking, Commercial Lending, Fixed Income, and Private Client) to identify and generate opportunities
- Assist in the management and coaching of new Fund Banking team members
- Partner with Stifel portfolio managers, analysts and risk management to proactively manage and maintain desired credit quality
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.