Summer 2026 Portfolio Management: Workout and Restructuring Intern
Mizuho Greenhill Investment & Corporate Banking is a premier financial institution dedicated to delivering innovative capital markets and advisory solutions to corporations, institutional investors and private equity clients. Our deep industry expertise, value-added ideas and best-in-class execution have made us a trusted partner to our clients. To meet our clients’ financial and strategic objectives, we deploy a holistic approach to providing solutions across investment banking, corporate banking, capital markets, structured finance and M&A advisory.
About the Role
Join the Workout Group within our Portfolio Management team and gain hands-on experience in managing and restructuring distressed loans and customers. Our primary goal is to help the bank maximize expected recoveries while mitigating risk and preserving capital. This internship offers exposure to complex credit situations, legal documentation, and risk mitigation strategies in a dynamic banking environment.
Key Responsibilities
- Assist in coordinating and managing workout/restructuring situations for the Banking Americas portfolio
- Analyze industry trends, company performance, and management projections to determine feasibility of proposed transactions
- Understand and analyze valuation sensitivities relative to proposed capital structures to determine potential recoveries
- Review legal documents and collaborate with internal and external counsel
- Support negotiations with agents, syndicate lenders, financial advisors, legal counsel, and customers
- Help prepare and maintain monthly Workout Loans Lists and Workout Status Reporting
- Participate in the preparation of internal applications and seek necessary approvals
- Work with Credit Administration to book amended credit facilities
- Prepare reporting for Head Office (e.g., Bankruptcy/Delinquency forms, Default Surveys)
- Monitor the distressed secondary loan market and assist in de-risking workout exposure
- Utilize external resources to help manage workout situations (e.g., Octus, CreditSights, S&P, Moody’s, Capital IQ)
Qualifications
- Currently pursuing an undergraduate degree in Accounting, Business, Finance, Economics, or a related field.
- Strong quantitative and analytical skills
- Effective oral and written communication skills
- Proficiency in MS Word and Excel
- Good interpersonal skills and a team-oriented mindset
- Interest in credit risk, restructuring, and distressed asset management
Salary: $35 /hour