Investment Banking Associate - Capital Structure Advisory

Guggenheim Securities’ Capital Structure Advisory Group is a leading advisor to companies, investors and other stakeholders navigating complex financial situations and financial distress. The group is a critically important strategic initiative for Guggenheim Securities, formed following the 2018 acquisition of Millstein & Co., a premier advisor in special situations involving financial distress. Associates work in small client teams on major liability management, restructuring, and financing assignments, including both Chapter 11 bankruptcy proceedings and out-of-court transactions. The role offers meaningful exposure to senior bankers and client representatives, with opportunities to develop financial, analytical, and communication skills in a highly visible and complex environment. Candidates should be top performers who thrive in an unstructured setting where initiative, creativity, maturity, and enthusiasm for learning are highly valued.

Responsibilities

• Lead day-to-day project management and execution on advisory and financing transactions, including developing and overseeing detailed financial and accounting analyses.
• Perform due diligence of companies, including generating and managing financial and operational diligence requests, conducting site tours, and discussing findings with management and employees.
• Analyze market trends, competitive landscapes, and company-specific information (e.g., liquidity, financial metrics, capital structure, and credit documents) to identify potential client solutions.
• Review accounting and financial records to advise clients on financial projections; prepare, review, and participate in client presentations.
• Integrate strategic ideas from analyses, forecasts, business plans, and research into stakeholder presentations.
• Contribute to deal pitches, including idea generation, research, and analysis of restructuring and financing opportunities.
• Build and maintain client relationships through ongoing engagement and demonstration of financial and industry knowledge.
• Manage and develop junior staff.

Requirements

• Bachelor’s degree (minimum requirement).
• 3+ years of experience in investment banking, accounting, consulting, private equity, hedge funds, or corporate finance.
• Core modeling and valuation experience in a professional setting.
• SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment.

Preferred Qualifications

• Experience at a restructuring, workout, or leveraged finance group.
• High level of maturity and ability to work in teams interfacing with top executives and senior management.
• Highly organized with the initiative to work with limited supervision.
• Excellent analytical skills and attention to detail.
• Strong written and oral communication skills.
• Effective process management abilities.

Schedule

This role is expected to be in the New York office at least 4 days per week.

Pay

Annual base salary between $175,000 and $200,000. The range reflects base salary only, and total compensation may include additional components such as incentive compensation. Actual base salaries may vary depending on factors such as location and experience.

About Us

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, offering services in Advisory, Financing, Sales and Trading, and Research. Headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.