Principal Job at BanyanGlobal Family Business Advisors, Los Angeles, CA

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  • BanyanGlobal Family Business Advisors
  • Los Angeles, CA

Job Description

Principal Role

We recognize the critical role that Principals play in our success. Our culture reinforces the respect we feel for our Principals by giving them substantial responsibility, close working relationships with Partners and clients, and a long-term commitment to their professional development. The result of this unique combination of sophisticated practice, intellectually charged atmosphere, and people-oriented culture is a group of Principals who are enthusiastic about working at Banyan.

How we work

Our structure, with a low ratio of Principals to Partners affords our principals the opportunity to quickly take on meaningful responsibilities which allows them to become highly valued members of small teams working directly with clients. Given the nature of our practice and the absence of repetitive, standardized work, we train Principals to be complete, well-rounded advisors as opposed to specialists in subparts of particular work; in short, we try to develop in each of our principals the skills necessary to become a Partner in our firm.

Banyan provides an exceptional workplace that fosters employees’ professional development in a collegial and supportive environment. Our collaborative team provides training of new principals and their acculturation into the firm. Each new principal is assigned a principal and a partner mentor upon joining the firm. Partners ensure that principals receive work experience of appropriate breadth and intensity, as well as sufficiently detailed feedback about their progress in acquiring the skills necessary to succeed at the firm.

Culture

We pride ourselves on having built an advisory firm that is truly authentic, compassionate, and enables a genuine work-life balance. Having experienced life in larger consulting firms, we understand the challenges of typical consulting models and we look to address those. We strongly encourage a healthy work-life balance and support young families; our travel model is more limited than standard consulting models.

Typically, our advisors are working with multiple clients at any given time, providing a diverse set of opportunities and experiences. We are a diverse, multidisciplinary team of authentic, empathic, and compassionate people who value high emotional intelligence. People build their careers with us - our average tenure is long.

What you’ll do

  • Build trusted relationships with clients
  • Lead workstreams in client engagements
  • Manage projects to ensure they are on-time, on-scope, on-budget, and meeting the objectives of the client
  • Deliver client presentations, facilitate client meetings, and help clients implement recommendations
  • Structure, perform, and oversee quantitative and qualitative analysis on core family, business, and ownership issues for clients
  • Provide support and direction to project teams
  • Draft high-impact proposals, assessment reports, presentations, and workplans
  • Generate creative, action-oriented insights and recommendations
  • Contribute to Banyan’s knowledge capture and dissemination
  • Take on internal roles to build and support key firm activities (e.g., business development, research projects)

What you’ll bring

Our ideal candidate will have the following qualifications and competencies:

  • Graduate degree from a leading institution (e.g. MBA, MPP, PhD, JD, etc.)
  • At least four years of consulting experience with a leading professional services firm, including process and project management; or equivalent experience
  • Superior organization and time management skills, with the ability to manage multiple assignments concurrently and to arrange schedules and priorities to meet deadlines
  • Outstanding analytical and quantitative skills with a strong financial acumen; demonstrated ability to effectively use data of different types to drive insights
  • Ability to identify and creatively solve complex problems
  • Excellent oral and written communication skills, and strong presentation skills; expertise with Microsoft Office Suite, especially PowerPoint
  • High level of emotional intelligence, including self-awareness, ability to manage conflict, and ability to empathize but stay neutral in client relationships
  • Exceptional interpersonal skills and demonstrated ability to build client relationships
  • Ability to work effectively with minimal supervision, showing initiative and flexibility to accommodate changes
  • Ability to exercise discretion and confidentiality in dealing with sensitive information
  • Professional and mature presence
  • Willingness to travel domestically and internationally
  • Prior working knowledge of family business practice preferred

Compensation Range

Salary for this role is expected to be between $155,000 and $286,000 annually. This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will vary depending on factors, including but not limited to external market data, internal equity, skillset, experience, and/or performance, and other considerations. The comprehensive compensation details, inclusive of bonus and other benefits, will be communicated upon finalization of the employment offer. The Company reserves the right to modify this pay range at any time.

Job Tags

Work experience placement,

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