2024 Summer Analyst - Restructuring & Special Situations Group

PJT Partners is a global advisory-focused investment bank. Our team of senior professionals delivers a wide array of strategic advisory, shareholder advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments around the world. We offer a unique portfolio of advisory services designed to help our clients achieve their strategic objectives. We also provide, through PJT Park Hill, private fund advisory and fundraising services for alternative investment managers, including private equity funds, real estate funds and hedge funds.

From the beginning, PJT Partners has firmly believed that having the best people is key to building an enduring franchise. Our perspective was, and remains, that a great team brings in both top tier clients and appeals to a wide-range of diverse, talented colleagues. Fostering an inclusive culture, which welcomes differing perspectives and beliefs, enables us to provide the best advice and insights to our clients.

To learn more about PJT Partners, please visit our website at www.pjtpartners.com .

Program Description:

The Restructuring and Special Situations Group advises large and middle market companies, creditor groups, private equity sponsors, and boards of directors in financially distressed situations, both in chapter 11 bankruptcy proceedings as well as in out-of-court restructuring and strategic advisory transactions. The group has been involved in the many of the largest and most high-profile reorganizations that have occurred over the past few decades, including restructurings for Avaya, Caesars, Delta Airlines, Enron, Ford Motor Company, General Motors, Greece, iHeartMedia, Intelsat, J. Crew, LatAm Airlines, PG&E, Puerto Rico, and Westinghouse. In a restructuring transaction, a wide range of strategic advisory services are provided including advice on recapitalizations, reorganizations, exchange offers, distressed mergers and acquisitions, raising debt and equity capital, and providing expert witness testimony on a variety of topics including corporate valuation.

Summer Analysts in the Restructuring & Special Situations Group have the opportunity to develop a diverse and broad corporate finance skillset. Financial restructuring transactions are complex and involve multi-party negotiations with a number of key stakeholders including, among others, a board of directors, management, secured and unsecured lenders, equity holders, and, at times, the bankruptcy court. As the group utilizes relatively lean deal teams, summer analysts are integral to all aspects of a deal and are involved with the development, structuring, and financing of transactions and regularly attend both client and internal meetings, negotiations, and due diligence sessions.

Responsibilities:

Typically, Summer Analyst responsibilities will include:

• Performing on-site due diligence with the client;
• Developing detailed business plans;
• Building comprehensive financial models to be used as part of restructuring transactions, capital raises, and/or corporate valuations;
• Analyzing credit and other legal governing documents;
• Evaluating financial returns to current and potential investors;
• Attending key negotiating and strategy sessions;
• Attending board meetings;
• Assisting in the preparation of a plan of reorganization and disclosure statement materials for chapter 11 cases

Summer Analysts will work on a wide range of transactions including both chapter 11 bankruptcy proceedings as well as out-of-court restructuring transactions such as recapitalizations, exchange offers, and distressed mergers and acquisitions, as well as debt and equity capital raises.

Qualifications:

We seek to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, a successful candidate should have:

• Strong communication skills;
• A demonstrated ability to write effectively;
• A desire to work in a fast-paced team environment

A basic knowledge of accounting and finance and/or prior investment banking experience is desirable.

Requirements:

To be considered for the 2024 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as an undergraduate* student
• Anticipated graduation date: Fall 2024 - Spring 2025
• Resume must include expected graduation month/year and GPA
• Please include expected internship(s) for Summer 2023 on your Resume
• Resume must be in one-page PDF format

* Post-graduates, MBAs and experienced hires should refer to the Associate or Experienced Hire opportunities listed on our career site.

Application Instructions:

1. Complete the PJT Partners On-Line application for the "2024 Summer Analyst- Restructuring & Special Situations Group" position through the following link: pjtpartners.com/careers/ .
2. Complete the PJT Partners "Suited" Assessment. Please CLICK HERE to create an account. Suited is an A.I. powered assessment driven screening tool that uses assessments to holistically and objectively measure traits and characteristics that can be better predictors of success at PJT.
   1. Please ensure you use the same email address used for your PJT application when registering on Suited.
   2. Please complete each question through the end of the survey. A "Profile Complete" badge will appear once complete - there is no final "Submit" button.

PJT is an equal opportunity employer. We do not discriminate on the basis of, and will consider all qualified applicants for employment without regard to race, color, religious creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, martial or partnership status, sexual orientation, gender identity expression, disability, medical condition, genetic information or predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other category protected by law. PJT Partners also complies with all applicable laws with regard to providing reasonable accommodation of disabilities to applicants. For more information or to request an accommodation, please contact Human Resources

California Applicants: PJT Partners will consider for employment qualified applicants with arrest and/or conviction records in a manner consistent with applicable law including, but not limited to, the San Francisco Fair Chance Ordinance and/or Los Angeles Fair Chance Initiative for Hiring Ordinance.

https://pjtpartners.com/applicant-privacy-notice

*In order to be considered, please ensure your resume/CV is submitted in PDF format.