Job DescriptionAnalysts on the Secondary Advisory team are required to combine investment banking skillsets (business due diligence, financial modeling and transaction execution) along with capital markets functions (investor outreach and communications). Our deal teams are typically formed with 4 - 5 PCA professionals, comprised of an Analyst, Associate, Vice President or Director and a Managing Director. Analysts will work in tandem with Associates during the preparation of a transaction (i.e., drafting marketing materials such as a Confidential Information Memorandum, building a(n) Portfolio / Asset projection model(s), preparing the Virtual Data Room, etc.) and during the marketing and due diligence phases of the transaction (i.e., tracking investor outreach, facilitating and answering due diligence questions from potential buyers, participating in update calls with clients, etc.).
We'll trust you to:- Prepare presentation materials and pitches for prospective clients
- Perform comprehensive due diligence on private equity portfolios, evaluating underlying asset performance and Net Asset Value (NAV) trends to support the underwriting of GP-led secondary transactions
- Assist in the preparation of financial models, including secondary-specific models such as cash flow projections, fund-level waterfall models, returns analysis for prospective buyers and detailed valuation analysis
- Drive the preparation of detailed marketing materials, including Confidential Information Memorandums (CIMs), investor presentations, teasers and various other investor communications
- Manage the new investor outreach process as part of live transactions, including the monitoring and tracking of investor interactions and demand
- Facilitate the virtual data room (VDR) and coordinate responses to complex investor due diligence requests, ensuring seamless information flow between clients and counterparties
- Communicate regularly with Lazard's institutional investor coverage professionals and across Lazard M&A and financial sponsor coverage teams
You'll need to have:- At least one year of investment banking (M&A or GP-led secondary advisory preferred) or private equity experience
- Strong analytical and quantitative skills with training in the building of presentation materials and financial modelling. PCA will provide additional training, but a baseline technical skillset is required
- Proven academic excellence with excellent attention to detail and high standards of accuracy
- Team-player mindset. Ability to work as part of a close-knit team
- Strong interpersonal skills and ability to communicate both to PCA deal teams and external clients
- Strong multi-tasking capabilities
- High level of responsiveness with a strong work ethic and commitment to maintaining a high-quality work product
Does this sound like you?Apply! We'll get in touch on the next steps.
What we offer: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 range for this role to be approximately $120,000 - $125,000 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, and relevant skills for the role. Base salary is one component of Lazard Financial Advisory's compensation package, which also includes comprehensive benefits and may include incentive compensation.
