[5] He worked as a corporate lawyer at Weil, Gotshal & Manges in New York before joining MF Global and later Bank of America Merrill Lynch to run the prime brokerage business and to lead the emerging manager program.
[6][7] Malik left Bank of America in January 2018 to launch an advisory firm for hedge funds and alternative investment managers.
[7] Later reports indicated that Malik was forced out after investigations into allegations of inappropriate conduct, which Malik disputed and filed a $100 million arbitration claim against Bank of America on the basis of defamation, retaliation, breach of contract, and discrimination against his Muslim background.
[11] In 2020, Neil Patel brought in Malik as a new partner of right-wing news site The Daily Caller.
[14] In 2023, Malik's Colombier Acquisition Corp agreed to merge with online marketplace Public Square.