Intern (m/f/d), Debt Advisory - Q1 2027

Alvarez & Marsal; Frankfurt; On-site; EUR 13,000 - 17,000; Part time

Job summary

Alvarez & Marsal in Frankfurt invites an intern to join the Debt Advisory DACH team for a 3‑month period. You will assist on debt advisory transactions for PE and corporate clients, build financial models for LBOs and refi scenarios, and help prepare client materials and marketing documents.

The role rewards ownership and provides exposure to a broad range of debt products across private and public markets. Fluency in German and English, plus strong Excel/PowerPoint skills, are essential.

Qualifications

• Currently enrolled in a master’s program in business, management, finance, economics, or related fields
• Strong analytical and financial modelling skills with ownership
• Excellent oral and written communication skills

Responsibilities

• Assisting on debt advisory transactions for private equity and corporate clients
• Supporting team members within A&M Debt Advisory DACH in executing debt financing transactions
• Building and managing complex financial models for LBO, syndicated and (re-)financing situations
• Performing detailed sector and company research and analysis
• Assisting on preparing marketing documents and client pitch presentations
• Conducting strategic, financial and valuation analysis

Skills

Analytical skills

Financial modelling

Communication skills

German & English fluency

Education

Master’s program in business/finance/economics

Tools

Excel

PowerPoint

Job description

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action- and results-oriented professionals. We take a hands-on approach to solving our clients' problems and helping them reach their potential. A&M is different by design: we give people ownership and impact from day one, fuel development through real opportunity, and provide direct access to leaders who invest in our growth. Our culture celebrates independent thinkers and doers who positively impact clients and shape our industry. Guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity, our collaborative, globally minded environment is why our people love working at A&M.

The Team

The Team provides creative and alternative financing solutions to clients out of 5 offices in EMEA with more than 40 dedicated professionals in order to secure capital for acquisition financings, investments, refinancings & recapitalisations, staple financings, covenant resets / amendments of existing financing structures and developing structured capital solutions.

As part of the Debt Advisory team, you will join an experienced and dynamic group of 6 professionals based in Frankfurt that provides financing advisory to private equity and corporate clients, giving you the opportunity to learn about a broad range of debt (and equity) products, industries, and clients.

How you will contribute

As an Intern, you will be part of the Debt Advisory DACH team for 3 months, gaining exposure to:

• Assisting on debt advisory transactions for private equity and corporate clients
• Supporting team members within A&M Debt Advisory DACH in executing debt financing transactions
• Building and managing complex financial models for LBO, syndicated and (re-)financing situations
• Performing detailed sector and company research and analysis
• Assisting on preparing marketing documents and client pitch presentations
• Conducting strategic, financial and valuation analysis

Qualifications

• Currently enrolled in a master’s program in business, management, finance, economics, or related fields at a top tier academic institution
• Strong analytical and financial modelling skills, high resilience, and ownership
• Genuine interest in investment banking, especially in debt markets both public and private
• Relevant practical experience in a consulting or financial services environment, as well as familiarity with financial applications, is beneficial
• Excellent oral and written communication skills
• Excellent knowledge in Excel and Power Point
• Fluency in German and English

Your journey at A&M

At A&M, professional growth is tied directly to performance, not tenure. Our people take on meaningful, hands-on work supported by a performance development process that rewards contribution and fosters a culture of meritocracy. Stretch roles, evolving business needs, and firm growth create ongoing opportunities for ownership and building new skills, while direct access to senior leaders provides mentorship and real-time coaching along the way. We also prioritize your wellbeing through comprehensive benefits and resources. Together, these elements create an environment where high-performing professionals can continue to grow and advance from day one.