PJT Partners · 1 day ago
Associate - Restructuring & Special Situations Group
Los Angeles
Full-time
Onsite
Mid, Senior Level
$225K/yr - $250K/yr
3+ years expPJT Partners is a global advisory-focused investment bank, and they are seeking an Associate for their Restructuring & Special Situations Group. The role involves advising companies in financially distressed situations and managing complex restructuring transactions while collaborating with senior professionals and clients.
AdviceAsset ManagementConsultingFinancial ServicesOil and GasReal Estate Investment
Responsibilities
The 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 in out-of-court restructuring, capital raising and strategic advisory transactions
As a leading restructuring and liability management franchise, the group has been involved in many of the largest and most high-profile reorganizations and liability management transactions that have occurred in the last decade
In a restructuring and liability management transaction, a wide range of strategic advisory services are provided including providing analyses and 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
Associates within RSSG have the responsibility to drive the deal process, manage resources and anticipate issues in highly complex, time-sensitive restructuring and liability management transactions
They work directly with senior deal team professionals, clients and other stakeholders to evaluate, structure, and negotiate complex financial and strategic alternatives
Associates receive broad-based exposure to a full spectrum of dynamic issues that arise in restructuring and liability management transactions, including valuation analyses, capital raising, mergers and acquisitions, asset sales, credit negotiations, exchange offers and Chapter 11 reorganizations
Additional responsibilities include:
Developing company business plans
Building financial models and valuation analyses
Analyzing capital structures, credit documents and indentures
Preparing various presentations to support deal processes
Facilitating client and counterparty due diligence and discussions with companies, legal counsel and turnaround advisors
Preparing liquidity, waterfall and liquidation analyses; and
Working closely with junior deal team members to complete deal objectives
Qualification
Required
A minimum of 3 – 5 years of experience in the restructuring industry and/or distressed investing with a demonstrated track record of success
Academic background in finance, accounting or economics
Technical expertise in restructuring and/or distressed company situations
Professional and confident communication skills to interface with senior management at clients and internal deal teams
Ability to drive the deal process, manage resources and anticipate issues in highly complex, time-sensitive situations
Effective deal team manager and real team player who creates an inclusive work environment through promotion of teamwork
Ability to work in high-pressure situations with distressed companies and other stakeholders
Strong work ethic who thrives in a collaborative and team-oriented culture
Preferred
Advanced degree (MBA and/or JD) is preferred
Benefits
Discretionary bonus component
Company
PJT Partners
PJT Partners is an investment banking firm that provides asset management, debt execution, strategic advisory, and fundraising services.
501-1000 employees
H1B Sponsorship
PJT Partners has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (71)
2024 (79)
2023 (77)
2022 (57)
2021 (49)
2020 (28)
Funding
Current Stage
Public CompanyTotal Funding
unknownKey Investors
Corsair Capital
2018-08-28Post Ipo Equity
2015-10-02IPO
Leadership Team
Chris Holt
Partner
Don Cornwell
Member Board of Directors
Recent News
2025-11-11
2025-11-09
DBusiness Magazine
2025-11-05
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