Associate - Restructuring & Liability Management

Financial Advisory

Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.

Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.

Our Restructuring & Liability Management group is looking to add an Associate to its team of professionals in the Lazard Chicago office. The group specializes in helping companies in financial distress and is an important strategic component of our Financial Advisory business. The team also helps advise creditors and other investors that hold positions in companies facing distress or are going through bankruptcy/reorganization. Through a combination of restructuring and industry-related expertise, we have solidified our place as the leading financial restructuring advisory firm in the world. 

We’ll trust you to:

  • Track market developments and transactions
  • Prepare and create client presentations and meeting materials
  • Interact with senior bankers and clients
  • Assist in deal executions

You’ll need to have:

  • 2-4 years of relevant experience, preferably from an investment bank or turnaround advisory firm, or 3+ years of restructuring experience as a restructuring attorney or credit investor
  • Top academic performance with comfort operating in an unstructured environment which values initiative, creativity, maturity, and poise 
  • Strong quantitative background and analytical skills
  • Proficiency in Excel, PowerPoint, FactSet, Bloomberg
  • Excellent verbal/written communication skills with ability to multi-task in a fast-paced environment
  • Motivation to work as a team player and contribute to a positive team culture

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 $185,000 - $250,000 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.

Does this sound like you?

Apply! We’ll get in touch on the next steps.

Diversity and Inclusion at Lazard

Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.

Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.

The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, sexual orientation, physical abilities, veteran or military status – can bring their whole selves to work to maximize their individual potential and our collective success. #LI-EF1