An opportunity to join the Liability Management Group as a full-time Analyst or Associate. LM is a product team within IBCM's Debt Capital Markets Solutions Group. The team is responsible for advising corporate clients on refinancing, retiring or amending their debt portfolios, and uses a suite of products to implement the strategies developed.
Coordinate with IB coverage teams, Finance, Debt Capital Markets and Equity Capital Markets groups to pitch, structure and execute transactions. LM products include open market repurchase, tenders, exchange offers and consent solicitations. These products are often used as part of new debt/equity offerings or M&A transactions that require addressing the debt of the target or acquirer.
Exposure to all IB industry groups and all categories of corporate debt (investment-grade, high yield and equity-linked).
Working daily with IBCM partners, coordinate regularly with corporate clients, multiple Sales & Trading teams in Global Markets, and many institutional investors / hedge funds. Projects generally involve one senior and one junior team member, offering significant responsibility and exposure.
Develop both technical and client interaction skills via fixed-income modeling and working with various groups. In addition, gain broad exposure and detailed knowledge of tax, accounting and legal aspects of debt transactions and how these relate to corporate finance decisions.
The CS LM team is perennially among the top ranked on the Street in this product area. Significant transaction exposure in a "lead left" advisor role with clients.
Crafting financial analyses
Evaluating bondholder feedback
Executing liability management transactions
Possess a degree from a four-year college or university
At least one to two years of Investment Banking Analyst experience.
Relevant Investment Banking experience
Demonstrated academic achievement and solid interest in the financial sector
Excellent written and verbal communication skills
Strong analytical/math capabilities
Hardworking with ability to perform independently and as part of a team in fast paced and a time sensitive environment.
Ability to multi-task with strong attention to detail and problem solving skills
Ambitious with demonstrated leadership abilities
Proficient PC skills; advanced knowledge of Excel, Word and PowerPoint is a plus!