Program Description:This position is based in our New York office and is part of our dedicated Capital Markets Advisory team. Our Capital Markets Advisory Group provides equity and debt advisory services to a wide variety of clients, from multinational, public corporations to privately held companies either sponsor-backed or founder-owned. The Capital Markets Advisory team works in partnership with PJT Partners' Strategic Advisory, Park Hill, Restructuring and Camberview teams.
This position sits within the Strategic Advisory Group, which is one of the most experienced investment banking teams in the industry, and has been involved in some of the largest, most complex transactions in recent years. Our global team focuses on a diverse set of industries, including financial institutions, healthcare, industrials, energy, power & utilities, real estate, gaming & lodging, consumer and retail, and technology, sports, media & telecommunications.
Upon completion of training, Summer Associates will have the opportunity to participate in all aspects of pitches and live transactions while being staffed on a number of assignments at once. Due to the relatively small size of the professional staff, a Summer Associate will assume an integral role on their deal teams, often working directly with senior level bankers.
Responsibilities:The Capital Markets Advisory team originates, structures, and executes financings across the private and public debt and equity markets for sponsor-backed, privately-owned, and public businesses across numerous industries. We have acted as a placement agent, an underwriter, and a strategic advisor on a wide array of financings. Summer Associates in Capital Markets participate in the origination and execution of all deal activity. Summer Associate work will include:
- Developing general corporate finance and valuation skills relevant to raising capital, including financial modeling and analysis of capital structures
- Drafting of client presentations
- Preparation of debt and equity market updates
- Conducting financial and other business-related research
- Coordinating and helping manage complex and often time-sensitive capital raise processes
- Facilitating due diligence and discussions with clients, legal counsel, investors, and advisors
- Active involvement in live client facing situations
- Assistance in the execution of transactions
- Assistance in deal structuring (covenants, key terms, etc.) and term sheet negotiations
- Ongoing investor relationship development and management
- Constructing and managing internal deal and investor-related databases
Qualifications:
PJT Partners seeks to hire individuals who are highly motivated, intelligent and have excellent academic, leadership and extracurricular records. In addition, qualified candidates will possess the following:
- Outstanding qualitative, technical and analytical skills
- Strong verbal and written communication skills
- Aptitude to work collaboratively in a team environment
- Robust organizational and time management skills
- Strong work ethic and ability to work under pressure
- Strong knowledge of accounting and finance
Requirements:
To be considered for the 2027 Summer Associate - Capital Markets position, applicants must meet the following criteria:
- Currently enrolled in an MBA program*
- Anticipated graduation date: December 2027 - Spring 2028
- Resume must include expected graduation month/year
- Resume must be in PDF format
- Completion of "Suited" Assessment. Please see below for more details.
* Undergraduates and experienced hires should refer to the Campus Analyst or Experienced Hire opportunities listed on our career site.
Suited Requirements:Complete the PJT Partners "Suited" Assessment. Please CLICK HERE to create an account. Suited is an A.I. powered assessment driven screening tool that uses assessments to holistically and objectively measure traits and characteristics that can be better predictors of success at PJT. Please ensure you use the same email address used for your PJT application when registering on Suited. Please complete each question through the end of the survey. A "Profile Complete" badge will appear once complete - there is no final "Submit" button.
Expected Annualized Base Salary of $225,000
