Investment Banking Senior Associate​/Vice President | Broker-Dealer & Capital Markets

Location: New York

** Business Unit:
** Corporate Finance
** Industry:
** Financial Institutions
** Overview
* * Houlihan Lokey, Inc. (NYSE:

HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals.

To learn more about Houlihan Lokey, please visit
** Corporate Finance
** Houlihan Lokey has extensive expertise in mergers, acquisitions, divestitures, activist shareholder and takeover defense, and other related advisory services for a broad range of U.S. and international clients. Our experience in M&A has earned us consistent recognition throughout the industry. In 2024, we were ranked the No. 1 M&A advisor for all U.S. transactions.
** Broker-Dealer and Capital Markets Coverage Group
** Houlihan Lokey’s Financial Services Group is seeking to support its quickly-growing Broker-Dealer and Capital Markets practice with an experienced Investment Banking Associate or Vice President.

The Broker-Dealer and Capital Markets coverage group offers its clients comprehensive investment banking advisory services, with a focus on sell-side M&A services for founder-owned and private equity-backed businesses.

We are one of the world's only investment banks with dedicated coverage for this subsector, which encompasses the following banking and markets business models:
** Banking
* ** Investment Banking Advisory
* M&A advisory
* GP/LP advisory & fund placement
* Private capital advisory
* Asset & project finance advisory
* Full-Service Investment Banks
* ECM & DCM underwriting
* Leveraged & structured finance
* Public finance & muni underwriting
* Transaction Advisory Services
* Platform / asset valuation
* Fairness & transaction opinions
* Restructuring, turnaround & CRO
* Due diligence / M&A support
** Markets
* ** Institutional Sales & Trading
* Research-led sales & trading
* High-touch & block execution
* Algorithmic execution & routing
* Depository / lender servicing & hedging
* Market-Making & Distribution
* Electronic execution & liquidity
* Product marketing & distribution
* Interdealer brokers
* Clearing & Securities Finance
* Correspondent clearing & RIA custody
* Portfolio financing & repo dealers
* Stock lending & locate agents
* Prime brokerage
* Liquidity Aggregators & Access
* ATSs & off-exchange marketplaces
* EMS & broker-neutral routing
* Quote aggregators & pre/post-trade reporting

We now consistently rank as the #1 most active advisor in the sector, with ~25 M&A transactions announced since 2020.  We are currently a tight-knit team led by one MD and one SVP, and plan to leverage our newest team member to increase our portfolio of active mandates, and to expand coverage to new adjacencies.
** Responsibilities
* * Experienced Associates or Vice Presidents in the Financial Services Group are expected to “quarterback” execution on M&A transactions, and support senior bankers’ efforts to develop relationships and new business opportunities.

If you have not focused closely on the Broker-Dealer and Capital Markets sector in your previous roles, you will need to scale the learning curve on the industry’s structure and competitive ecosystem extremely quickly.  We rely more heavily on industry-specific metrics, understanding strategic synergies and qualitative positioning than on standard three-statement modeling.

Key contributions will include:
* Managing and advancing every stage of sell-side M&A processes: spanning initial information collection from a new client, all the way through to modeling the proceeds waterfall for closing wires
* Leveraging knowledge of the industry to effectively position clients’ equity stories in presentation material and live discussion with prospective investors
* Drafting and overseeing the production of insightful,…