Investment Banking RX Associate

Selby Jennings; New York (NY); On-site; USD 175,000 - 225,000; Full time

Job summary

Selby Jennings in New York, NY, seeks an Associate to join its Restructuring & Special Situations team. The group advises on high-profile in-court and out-of-court restructurings, liability management exercises, distressed M&A transactions, and other complex capital structure situations.

This role offers exposure to live deal execution, strategic advisory work, and direct client interaction from day one, with lean deal teams and strong mentorship.

Qualifications

• 3+ years of investment banking experience.
• Prior restructuring experience strongly preferred.
• Exceptional financial modeling, valuation, and analytical capabilities.
• Strong academic credentials.
• Ability to thrive in a fast-paced, high-performance environment.

Responsibilities

• Analyze companies experiencing financial distress and liquidity challenges
• Build and maintain complex financial models, restructuring analyses, recovery waterfalls, and valuation materials
• Support both debtor-side and creditor-side advisory assignments
• Assist in the execution of in-court and out-of-court restructurings, distressed M&A transactions, recapitalizations, liability management exercises, and special situations transactions
• Prepare client presentations, marketing materials, and transaction analyses
• Conduct industry, capital structure, and stakeholder analyses
• Work closely with senior bankers and clients on live transactions

Skills

Investment banking experience

Restructuring experience

Financial modeling

Valuation

Analytical skills

Academic credentials

Fast-paced environment

Job description

Associate, Restructuring & Special Situations

New York, NY

Our client is seeking an Associate to join its Restructuring & Special Situations team. The group advises on high-profile in-court and out-of-court restructurings, liability management exercises, distressed M&A transactions, and other complex capital structure situations. This is a unique opportunity to gain exposure to some of the most active and sophisticated restructuring mandates in the market while working alongside senior industry leaders.

One of the biggest draws of this platform is deal flow. The team is consistently involved in high-profile restructuring and special situations mandates, allowing professionals to gain significant exposure to live transaction execution, strategic advisory work, and direct client interaction from day one.

Responsibilities

• Analyze companies experiencing financial distress and liquidity challenges
• Build and maintain complex financial models, restructuring analyses, recovery waterfalls, and valuation materials
• Support both debtor-side and creditor-side advisory assignments
• Assist in the execution of in-court and out-of-court restructurings, distressed M&A transactions, recapitalizations, liability management exercises, and special situations transactions
• Prepare client presentations, marketing materials, and transaction analyses
• Conduct industry, capital structure, and stakeholder analyses
• Work closely with senior bankers and clients on live transactions

Candidate Profile

• 3+ years of investment banking experience
• Prior restructuring experience strongly preferred
• Candidates from leading restructuring advisory, RX banking, special situations, distressed investing, or relevant private credit backgrounds may be considered
• Exceptional financial modeling, valuation, and analytical capabilities
• Strong academic credentials
• Ability to thrive in a fast-paced, high-performance environment

Compensation

• Associate 1: $175,000 Base
• Associate 2: $200,000 Base
• Associate 3: $225,000 Base

Why Join?

• Opportunity to work on highly complex restructuring and special situations transactions
• Exposure to both debtor and creditor-side mandates
• Significant responsibility and transaction exposure through lean deal teams
• Direct involvement in live deal execution and strategic advisory work
• Strong mentorship, collaborative culture, and clear career progression
• Exposure to high-profile bankruptcies, liability management transactions, and distressed M&A assignments