Summer Analyst Intern - Chicago Restructuring & Liability Management

Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborativecommunity of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight. 

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Over the past decade, Lazard has advised on more than 500 restructurings worldwide, with an aggregate value of over $2 trillion, including many of the largest and most complex. Unlike most other firms, our professionals combine an extensive knowledge of restructuring strategies with M&A expertise, credit analysis skills, capital markets knowledge, industry expertise and negotiation experience in distressed situations.

Day-to-day activities of Restructuring Summer Analysts include: financial analysis and modeling, company and industry research, participating in the development of client presentations, and interacting with senior bankers and clients. Assignments fall into a range of categories, including in-court and out-of-court restructurings, liability management, and broader market analysis. Summer Analysts are expected to spend 9 weeks at the Firm.

Over the nine-week internship, Summer Analysts will build a strong foundation in restructuring and capital structure analysis through hands-on exposure to live deal and pitch work. Additionally, you will also develop professionally through formal mentorship, both general and restructuring training programs, team events, and collaboration with all members of the group including senior leadership. 

You’ll need to have:

• Current enrollment at a US university and obtaining a Bachelor’s degree with an expected graduation date in December 2028 or May/June 2029
• Top academic performance
• Motivation, creativity, maturity, and poise
• Strong quantitative background
• Strong analytical skills
• Excellent oral and written communication skills
• Strong attention to detail
• Ability to multi-task

What we offer

You will begin your internship by participating in a week-long comprehensive training program in New York. Throughout the program, you will receive formal mentorship, exposure to our Leadership Team, and participate in various social and networking events with bankers across the Firm.

We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.

We expect the base salary for this role to be approximately $120,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, relevant skills for the role, and if applicable, the location in which the applicant lives and/or from which they will be performing the job.

Does this sound like you?

Apply! We’ll get in touch on the next steps.

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Job Opportunities at Lazard

Representation at Lazard

Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.

Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.

Application deadline: January 15; we encourage candidates to submit their applications as soon as they are able, as applications will be reviewed on a rolling basis.