Investment Banking - Healthcare - Payor Services - EY Capital Advisors -Managing Director

Location: Atlanta, Boston, Chicago, Cincinnati, Cleveland, Charlotte, Dallas, Houston, Los Angeles, McLean, Minneapolis, Nashville, New York, San Francisco

EY-Parthenon – Deals – Healthcare - Payor Services – EYCA – Investment Banking - Managing Director

Ernst & Young Capital Advisors, LLC (EYCA) offers comprehensive investment banking services with access to a global network of EY mergers & acquisitions, debt capital markets and equity capital markets professionals. The global EY network offers a complete suite of investment banking services, and EY firms consistently rank among the leading financial services firms based on the number of completed transactions globally.

The opportunity

As a Managing Director in the Healthcare Investment Banking group, you’ll provide clients with advice on all aspects of M&A and capital markets alternatives through highly focused industry teams with world-class, global execution capabilities. You’ll be an important part of our highly experienced, industry-focused team and work at the forefront of high-profile transactions. You’ll be working in a team environment with corporate finance and established investment banking professionals on a variety of projects with primarily responsibility for leading the Payor Services practice that includes coverage of managed care, value-based care and related organizations as part of a group with broad healthcare and life sciences coverage capabilities. Our team works to initiate and execute transactions on behalf of our clients that reflect their strategy and are supported by industry trends. You’ll be responsible for delivering comprehensive investment banking solutions, M&A, debt and equity transaction execution to the broad universe of companies in Payor Services and related sectors.

Your key responsibilities

As a Managing Director, you will be a vital member of the team responsible for initiating and leading the execution of investment banking engagements in the Payor Services sector. You will be responsible for covering the Payor Services sector and related subsectors, with duties encompassing the origination and execution of both buy-side and sell-side M&A transactions as well as capital markets transactions. Your coverage will include private and public middle-market enterprises, along with relevant private equity sponsors. You’ll be able to leverage EY’s extensive global reach and network of relationships and comprehensive capabilities to communicate the firm’s unique investment banking capabilities to the client’s senior executives. You will also be responsible for leading and developing a team of mid-level and junior members ensuring their career development.

Skills and attributes for success

• Advise companies regarding M&A, strategic, and corporate finance transactions.
• Supervise, coach and mentor Senior Vice Presidents, Vice Presidents, associates and analysts to prepare compelling pitch materials, offering memoranda and related materials for M&A and capital raising mandates.
• Develop relationships with investors and strategic participants in the sector for M&A and capital raising mandates.
• Perform extensive financial analysis, valuation analysis, and pro forma financial modeling.
• Identify key issues and potential areas of valuation and transaction risk within engagements.
• Perform in-depth sector market and company-specific coverage.
• Contribute to recruiting and team development initiatives.

To qualify for the role, you must have

• A bachelor's degree and at least 10 years of directly related work experience; or a graduate degree and at least 7 years of related work experience.
• Extensive investment banking experience, particularly originating and executing M&A transactions.
• Existing Series 7 and/or 79 plus Series 63 securities licenses (in good standing).
• Ability to work directly with clients as the most senior banking team representative able to manage all client deliverables.
• Strong experience with both originating transactions and leading a team in execution.
• Excellent interpersonal and relationship-building skills with the ability to develop and maintain relationships at all levels of the organization.
• A proven record of excellence in investment banking transaction execution, specific to mergers, acquisitions and capital markets in Payor Services and related sectors.
• Experience gained within another credible investment banking organization.
• Established networking skills in a relevant industry.
• The ability and willingness to travel and work in excess of standard hours when necessary.
• You must either reside in or be in a commutable distance to your office location for this position.

Ideally, you’ll also have

• Knowledge of how to leverage AI tools in a business setting, including Microsoft Copilot.

What we look for

We’re interested in talented professionals with the ability to visualize our clients’ goals and think creatively to facilitate them - often in politically charged environments. If you have an entrepreneurial spirit, and a genuine passion for taking on new challenges, this role is for you.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $265,000 to $325,000. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
• Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
• Under our flexible vacation policy, you will decide how much vacation time you need based on your own personal circumstances. You will also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at View email address on click.appcast.io .