drjobs Summer Distressed Debt Associate

Summer Distressed Debt Associate

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

New York, NY - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

THIS JOB CAN BE FOUND ON OUR EXCLUSIVE JOB BOARD IT IS NOT A DIRECT ROLE AT AUGMENT JOBS

Job Description: Summer Distressed Debt Associate

Position Overview:
We are seeking a highly motivated and analytical Summer Distressed Debt Associate to join our investment team for a 10 12 week internship program. This internship offers an immersive experience in distressed debt investing providing exposure to credit analysis restructuring strategies and portfolio management across a diverse range of industries. As a Summer Associate you will work closely with senior professionals on live transactions and strategic initiatives gaining valuable insights into special situations and turnaround investments.

Key Responsibilities: Investment Research and Analysis:
  • Analyze distressed debt opportunities by reviewing financial statements credit structures and recovery scenarios.
  • Develop and refine financial models to evaluate cash flow forecasts liquidation values and potential returns.
  • Conduct market and industry research to assess trends risks and opportunities.
  • Assist in preparing detailed investment memoranda and presentations for internal investment committees.
Due Diligence and Transaction Execution:
  • Participate in due diligence efforts including financial operational and legal reviews.
  • Collaborate with internal and external advisors to evaluate risk factors and develop investment theses.
  • Support the structuring and negotiation of transaction terms covenants and agreements.
  • Assist in managing transaction documentation and coordinating communications with stakeholders.
Portfolio Management:
  • Monitor the financial and operational performance of portfolio investments.
  • Collaborate with management teams and restructuring advisors to execute turnaround strategies and enhance value.
  • Prepare performance updates and strategic recommendations for internal and external stakeholders.
Collaboration and Learning:
  • Work closely with senior team members on strategic projects and live investment opportunities.
  • Participate in team discussions on distressed debt strategies restructuring approaches and special situations investing.
  • Gain exposure to the full investment lifecycle from deal sourcing to execution and portfolio management.
Qualifications: Educational Background:
  • Currently pursuing an MBA or other advanced degree in Finance Economics Business Administration or a related field.
  • Strong academic performance with a demonstrated interest in distressed debt special situations or private credit.
Professional Experience:
  • 2 4 years of experience in investment banking private credit restructuring advisory or related fields is preferred.
  • Familiarity with financial modeling credit analysis and restructuring principles is a plus.
Skills and Competencies:
  • Advanced financial modeling and valuation skills with proficiency in Excel and PowerPoint.
  • Strong analytical and problemsolving abilities with attention to detail and accuracy.
  • Excellent written and verbal communication skills with the ability to articulate complex ideas clearly.
  • Proficiency in financial databases such as Bloomberg Preqin or S&P Capital IQ is preferred.
Personal Attributes:
  • Proactive and resultsoriented with a strong work ethic and entrepreneurial mindset.
  • Teamoriented with strong interpersonal skills and the ability to collaborate effectively.
  • Passion for distressed debt investing and special situations strategies.
  • Adaptable and capable of thriving in a fastpaced dynamic environment.

Employment Type

Full Time

Company Industry

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.