2027 Portfolio Management: Workout and Restructuring Intern

Mizuho is a bank on the rise climbing the league tables, disrupting the status quo and attracting top talent. Positions are available across investment and corporate banking, mergers & acquisitions, and capital solutions and restructuring. We are looking for candidates who want to contribute to our entrepreneurial culture where people at all levels are inspired to share ideas. Our creativity sets us apart, and our commitment drives results in creating bespoke, client-focused solutions. If you are interested in working for an organization with a growth mindset that is a global leader in financial services, we would like to hear from you.

Mizuho | Greenhill’s Summer Analyst program is a ten-week program that offers the unique experience of working for a global bank. Over the last decade, Mizuho | Greenhill has built a leading position in Investment & Corporate Banking in the United States. The program is designed to immerse analysts into the daily activities of our various groups, helping Senior Bankers deliver a client solution approach across our entire product suite. We are looking for students with a strong academic record and a keen interest in the financial markets.

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 the penultimate year with a graduation date between December 2027 and June 2028 (If you receive a return offer your analyst role will start in July 2028)
• 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

Applicants must be currently authorized to work in the United States on a full-time basis. Mizuho does not sponsor applicants for work visas or offer any employment-based immigration sponsorship for this position.  This includes, but is not limited to, any sponsorship or administrative assistance or execution of any documentation related to F-1 (CPT/OPT/STEM OPT), TN, O-1, E-3, H-1B1 or H-1B application(s).

Greenhill & Co., Inc., part of Mizuho Americas, is focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally. It acts on behalf of clients throughout the world from its offices in the Americas, EMEA, and APAC.

We are an equal employment opportunity employer, and we comply with applicable laws prohibiting discrimination in all of the jurisdictions where we operate. AA Employer - M/F/Disability/Veteran.

Accommodations are available upon request for applicants with disabilities and other covered reasons in accordance with applicable law.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing, as permitted by applicable law.Greenhill & Co., Inc., part of Mizuho Americas, is focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally. It acts on behalf of clients throughout the world from its offices in the Americas, EMEA, and APAC.