Overview: The Investment Banking, Summer Associate will play an important role on the firm's advisory team, supporting an appropriately staffed team in a broad range of transactions including; mergers, acquisitions, divestitures, restructurings, royalty monetizations and capital markets transactions. Summer Associates will provide deliverables that are relied upon by our senior bankers to help our clients and can expect to receive a high level of responsibility and deal execution experience. The Summer Associate may also be responsible for completing special projects as assigned by the staffer and senior bankers. The Summer Associate must enjoy working within an entrepreneurial environment that is results-driven and community oriented. The ideal individual has the ability to exercise good judgement in a variety of situations, has strong written and verbal communication as well as the ability to balance multiple priorities. The Investment Banking Summer Associate will have the ability to work independently but is also expected to thrive in a team environment.
Day-to-day Responsibilities
Investment Banking Summer Associates will get a well-rounded experience by working on multiple assignments in all stages of the deal lifecycle process, from idea generation, to formal assignment pitching, to executing a deal. Summer Associates will work with a team to help create detailed financial models used for valuation and financial analysis (DCF, LBO, M&A, accretion/dilution, comparable company and precedent transaction analysis). Prepare marketing documents, including pitch materials, confidential offering memoranda, management presentations, fairness opinions and board presentations. Conduct extensive financial and industry due diligence to evaluate the risk/return parameters of a transaction. Support senior bankers in their relationship development responsibilities, including interaction with current and prospective clients and new idea generation. Summer Associates will participate in client meetings, due diligence visits and other client interactions during which they gain exposure to key executives and senior bankers.
Qualifications
Candidates must currently be enrolled full-time in a top MBA program with a strong emphasis on finance coursework and should have a strong desire to work in investment banking. Prior healthcare industry work experience is beneficial, but not required. We are looking for candidates with strong quantitative and qualitative analytical skills, clear communication and presentation skills, and strong command of corporate finance and accounting. We seek candidates with keen attention to detail, ability to be a strategic thinker, entrepreneurial spirit, desire to excel, overall excellent judgment and character, and commitment to contributing to the MTS team culture and growing our firm.
Note: The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
Expected Annual Salary
$175,000-$175,000
Fellowship Program
MTS Health Partners is committed to making diversity, equity and inclusion part of everything we do - starting with how we build our workforce. We are proud to be an equal opportunity employer, and are committed to preventing and remedying discrimination in our global workplaces. We are proud of our culture of inclusion - and are committed to further developing our dynamic team through equitable hiring & talent development practices.
If selected as an MTS Health Partners MBA Fellow, you will receive an award in the amount of $30,000* in addition to the Summer Associate salary. Upon successful completion of the summer internship and acceptance of a full-time offer, Fellowship recipients will be awarded an additional $45,000*, plus any full-time Associate signing bonus, as applicable.
*Gross reward less any applicable withholdings and taxes.
To be considered for our MBA Fellowship, students must complete a 1-page, written personal statement describing how you have worked to foster an inclusive environment at work or school as well as what companies can do better in their diversity, equity, and inclusion initiatives. Your fellowship application will be considered alongside your formal Summer Associate application.
Please attach your essay alongside your resume. If you have any trouble uploading, please email your essay to Malley Pattwell ([email protected]).