2026 Chicago Restructuring Full Time Associate
About The Position
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, collaborative community 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. Lazard has advised on more than 500 restructurings over the past decade with total restructured liabilities over $2 trillion, including many of the largest and most complex. Unlike most other firms, our professionals combine their restructuring knowledge with expertise in restructuring, liability management, M&A, credit analysis, capital raising, industry insights and negotiation in distressed situations.
Requirements
- Enrollment in an MBA or JD program with an anticipated graduation of Spring 2026.
- Strong financial modeling skills and quantitative background coupled with meticulous attention to detail
- Excellent verbal/written communication skills with ability to manage a variety of transactions and projects simultaneously
- Demonstrated leadership skills and be a team player with a strong motivation to contribute to a positive team culture
- Ability to effectively lead Analysts and provide training and guidance
- Top performance with comfort operating in a fast-paced environment that values initiative, creativity, maturity, and poise
- Bachelor's degree required
Responsibilities
- Develop and maintain complex financial models to evaluate transactions and other strategic decision making
- Assist in the execution of M&A, capital raising, and other advisory transactions, including due diligence, document preparation, and coordination with clients and other stakeholders
- Conduct comprehensive research on industries, companies, and market trends to support advisory services and inform strategic recommendations
- Mentor and train junior analysts, providing guidance on financial modeling, research, and best practices in investment banking
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
1,001-5,000 employees
