Analyst - Restructuring & Special Situations Group (New Business Research) at PJT Partners in New York, NY

Job description

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 . Responsibilities Our Restructuring and Special Situations Group (“RSSG”) advises both large and middle market companies, financial sponsors and creditor groups in financially distressed situations, both in Chapter 11 bankruptcy proceedings as well as out-of-court restructuring, capital raising and strategic advisory transactions. In the last decade, the group has been involved in many of the largest and most high-profile reorganizations, including restructurings for PG&E, J Crew, iHeart, WeWork, Revlon, Intelsat, Saks Fifth Avenue, Del Monte, Tropicana and Puerto Rico. Further underscoring the strength and stability of the PJT Partners platform, RSSG continues to be one of the top-ranked advisors in worldwide announced and completed restructuring transactions. In a restructuring transaction, a wide range of strategic advisory services are provided including providing advice on recapitalizations, reorganizations, exchange offers and distressed mergers and acquisitions, raising debt and equity capital and providing expert witness testimony on a range of topics including corporate valuations. The New Business Research Analyst (“NBRA”) will report to the RSSG Partners and the Chief Operating Officer (“COO”) of RSSG. The Analyst will be responsible for supporting all aspects of new business development and research and analysis of distressed company situations to identify and source potential new business opportunities. Key aspects of the NBRA role include, but are not limited to the following: Work with the Partners and COO to screen and identify companies/industries that are at risk or will become at risk of increased defaults; Proactively work with and present research and analysis to RSSG leadership in support of new business development efforts, including financial modeling work to analyze company cash flows and sector/industry analysis and research; Prepare company and industry/sector presentations for both internal and external use; Participate in business development efforts and meetings with hedge funds, private equity funds and law firms; Assist RSSG deal teams with research and market data requests; Maintain internal databases and market statistics for use in marketing materials and presentations; Work with the Partners and COO on RSSG financial budget forecasting, quarterly reporting requirements and other internal RSSG projects for quarterly management and board presentations. Qualifications PJT Partners seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition, qualified candidates will possess the following: Bachelor’s degree with 1-3 years of financial services experience; Knowledge of the high-yield/distressed/leverage loan market, restructuring and the credit markets broadly; Ability to build basic cash flow financial m