What you can expect
Jefferies’ lean deal team structure affords Summer Associates the opportunity to work closely with senior bankers on pitches and live deals while overseeing Summer Analysts’ work product. Tasks go well beyond performing fundamental analysis and research into companies and markets. A Summer Associate is expected to understand market implications, identify key industry and product trends and provide input on pitch and deal material to enhance client deliverables. Summer Associates add value to the team from day one. They are expected to think creatively and pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity.
Following an enriching orientation and training program, Summer Associates will begin working on their day-to-day responsibilities, with support from colleagues serving as both instructors and mentors throughout the 10-week engagement. Jefferies’ collegial program also offers a series of social and educational events to further enhance your professional development and grow your network. These events help Associates develop lasting personal and professional relationships with peers and senior bankers that will serve as the foundation for a successful career. As a way to help maximize your experience with us, Summer Associates receive formal performance reviews.
Summer Associate responsibilities may include, but are not limited to:
- Performing and reviewing financial valuation, discounted cash flow and comparable companies multiples-based analyses
- Building and using financial models
- Preparing pitch books and live deal materials, such as offering memorandums and prospectuses
- Conducting industry and product research
- Analyzing detailed corporate and financial information
- Participating in the execution of financings, M&A and restructuring and recapitalization transactions
Eligible candidates must be graduating with an MBA between December 2026 and June 2027.
GROUP DESCRIPTION:
Jefferies Debt Advisory & Restructuring Group is one of the leading franchises providing capital structure advisory and capital markets solutions to companies, creditors, financial sponsors, and other stakeholders through a wide variety of transactions including transitional and distressed debt / equity financings (DIPs/exits/rescues), liability management (e.g., exchange offers), recapitalizations, in- and out-of-court restructurings, and special situations M&A. The team of 50 professionals regularly partners with industry coverage teams across all verticals, including Technology, Healthcare, Consumer and Retail, Industrials, Financial Institutions, Energy and Power, and Real Estate, among others. Named as one of 5 investment banking “Power Players” in the field by WSJ, the team has been among the most active on the Street completing 300+ assignments representing over $475 billion in liabilities since 2007.
REQUIRED BACKGROUND:
- Preference is for a candidate to have prior experience in (i) Restructuring, (ii) M&A/investment banking and / or (iii) debt/credit related experience
- Independent thinker and a resourceful problem solver driven to succeed in a fast-paced environment
- Strong work ethic, organizational skills, and ability to multi-task
- Excellent oral and written communicator
- Advanced accounting, finance, financial modeling, and analytical abilities
ABOUT US
Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
The salary for this role is $175,000, pro-rated.