Investment Banking Associate, Cross River
$130-175k
Banking and fintech services
Be an early applicant
Banking and fintech services
1001+ employees
Be an early applicant
$130-175k
1001+ employees
Company mission
To enable clients to deliver responsible financial solutions that empower consumers anytime, everywhere.
Role
Who you are
- We look for candidates who are intellectually curious, have excellent communication and presentation skills and are team players
- The individual must be results driven and perform well under pressure and against tight timelines
- Bachelor’s degree required
- 3+ years of related experience also required
- Series SIE (or equivalent), 79 and 63 licensed required
- Effective communication, collaboration and network building skills
- Exceptional Microsoft Office Suite and financial reporting skills
- Ability to plan and prioritize to meet multiple goals
What the job involves
- CRB Securities, LLC is looking for an Investment Banking Associate to join a growing investment bank
- Identify and evaluate investment opportunities, conduct due diligence and perform financial modeling and analysis
- Create and maintain marketing, pitch books, valuation materials and other deliverables
- Create confidential investor presentations
- Create ad hoc transaction organizational documents
- Take an active role in developing, structuring and executing transactions
- Work closely with senior team members in deal sourcing, negotiation and execution of transactions
- Manage and develop junior talent within the team
Our take
Cross River is a fintech and banking company that builds scalable embedded payments, cards, lending, and crypto solutions for businesses and individuals. Now a unicorn company with a valuation exceeding $1 billion, Cross River was founded in 2008 as a way to combine the innovations of financial technology with the existing world of banking.
Cross River has partnered with rising fintech businesses such as Ibanera, helping the Florida-based company build an all-in-one cross-border payments service. The company’s bigger picture approach has allowed it to develop several arms in the lending, compliance, and capital market sectors, amongst others, leading to a corporate flexibility that is crucial in the rapidly-evolving market.
Cross River was named as one of several companies under investigation for facilitating PPP fraud in the US as of December 2022. It has also come under intense scrutiny from the FDIC for allegations of unsafe banking practices in relation to its lending activities, with a consent order issued in March 2023. In the wake of the FTX and Silicon Valley Bank collapses the regulatory environment is getting tougher and Cross River clearly needs to ensure its processes and activities are compliant with the law if it is going to return to its previous position of growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 4 rounds)
Mar 2022
$620m
LATE VC
Apr 2020
$100m
SERIES C
Total funding: $848m
Company benefits
- Retirement planning
- Employee development fund
- Ongoing learning and development opportunities
- Volunteer opportunities
- Charitable donation matching
- Monthly happy hours
- Free haircuts in our salon located at HQ
- Complimentary dry cleaning at HQ
- Valet parking at HQ
- Shuttle service to/from NYC
- Gym located at HQ
- River Cafe at HQ
Company values
- Humility
- Integrity
- Creativity
- Compassion
- Responsibility
Company HQ
Fort Lee, NJ
Articles
Leadership
Gilles Gade
(CEO & Chariman)Previously CFO at First Meridian Mortgage, Co-Founder and Managing Director at Chela Technology Partners, Associate Director at Barclays Capital and Investment Banking Associate at Bear Stearns & Company.
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