Parthenon - Investment Banking - Healthcare - Payor Services - Managing Director

Location:

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

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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.

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.

• Initiate and lead the execution of investment banking engagements in the Payor Services sector.
• Cover the Payor Services sector and related subsectors, originating and executing both buy‑side and sell‑side M&A transactions as well as capital markets transactions.
• Cover private and public middle‑market enterprises and relevant private equity sponsors.
• Leverage EY’s global reach and network to communicate the firm’s investment banking capabilities to senior client executives.
• Lead and develop a team of mid‑level and junior members, ensuring their career development.

• A bachelor’s degree and at least 8 years of directly related work experience; or a graduate degree and at least 7 years of related 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, managing delivery of all client deliverables.
• Strong experience with both originating transactions and leading a team in execution.
• Excellent interpersonal and relationship‑building skills at all organizational levels.
• Proven record of execution in M&A and capital markets in Payor Services and related sectors.
• Experience with in another credible investment banking organization.
• Established networking skills in a relevant industry.
• Willingness to travel and work beyond standard hours when necessary.
• Reside in or be within commuting distance to the office location.

• Knowledge of leveraging AI tools in a business setting, including Microsoft Copilot.

At EY, we provide a comprehensive compensation and benefits package. Base salary range in the US is $265,000 to $325,000. Total Rewards includes medical and dental coverage, pension and 401(k) plans, and paid time off options.

Hybrid model: most client‑serving roles work in person 40–60 % of the time.

Flexible vacation policy: employees decide how much vacation time they need based on personal circumstances. Additional time off is provided for EY Paid Holidays, winter/summer breaks, personal/family care, and other leaves of absence.

EY is committed to providing equal employment opportunities to all 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.

We accept applications on an ongoing basis.