Restructuring Summer Analyst - 2028

Restructuring Summer Analyst - 2028 in Chicago, Illinois, United States

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Restructuring Summer Analyst - 2028

Location: Chicago, IL, United States

Date Posted: Oct 7, 2026

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Description

Job Description: Summer Analyst 2028, Restructuring & Turnaround (NACR)

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.

The Team

A&M's Restructuring & Turnaround practice has become one of the largest and most recognized in the industry.

Our successes managing some of the largest crises in the world (e.g. Lehman Brothers and FTX), as well as preserving iconic brands through restructuring (e.g. Red Lobster) have earned us multiple industry awards such as: Turnaround Management Association's (TMA's) 2025 Mega Company Turnaround Transaction of the Year - FTX; TMA's 2025 Large Company Turnaround Transaction of the Year - WeWork; TMA's 2024's Mega Company Turnaround Transaction of the Year - Revlon; TMA's 2024 Large Company Turnaround Transaction of the Year - Proterra. In 2024 A&M was ranked 3 out of nearly 700 consulting firms in the U.S. on Vault Consulting 50, a signature list of the top 50 consulting firms.

How you will contribute

Our Summer Analysts work closely with professionals who support underperforming companies as they navigate their restructuring process and create a lasting positive impact on the organization.

We advise on every aspect of the restructuring process - from strategy, to cash conservation/liquidity management, to business plan development and implementation - providing you with a wide range of experiences and projects. Leveraging resourcefulness and independent judgment, Summer Analysts help develop solutions to critical problems to improve an organization's overall performance. They apply analytical skills and deep understanding of accounting and finance to a diverse range of projects in turnaround, restructuring, bankruptcy and performance improvement. Involvement with these projects will typically include:

• Effectively gathering, analyzing and sorting through large data sets that sometimes can be unorganized and incomplete.
• Analyzing and updating 13-week cash flow models and other financial models.
• Utilizing Excel, PowerPoint, and other applications to assist in creating client deliverables.
• Assisting in the bankruptcy preparation and administration.
• Providing research and pitch deck support by utilizing various websites and databases including Debtwire, SEC Filings, Company Websites, Capital IQ, and others.

Our Summer Analysts develop an in-depth understanding of our client's processes, financial statements and key operational performance drivers in order to surface and address key issues, from the big picture to the smallest details.

At A&M our Summer Analysts have the opportunity to work on the most disruptive restructuring and turnaround projects in the industry and the world. They work alongside senior management and a team of experienced A&M professionals from a variety of backgrounds that bring a wealth of industry depth and knowledge. Relying on an ability to effectively handle pressure in stressful situations and prioritize multiple work streams, Summer Analysts will work in a fast paced, deeply collaborative team environment. They will build rapport and develop credible relationships with clients, legal counsel and investment bankers, and be relied on to proactively communicate with the team, external parties and client leadership.

Qualifications:

• Pursuing an undergraduate or graduate degree in Accounting, Finance, or other analytical fields.
• Comfortable with advanced foundations in Excel and PowerPoint.
• Possess the ability to work well against deadlines and stay on task while supporting multiple work streams.
• Able to function well under pressure and work independently while understanding when to ask for guidance.
• Creative problem-solving skills with the ability to think through alternative solutions.
• Strong communication and business writing skills.
• Commitment to living A&M's cultural values: integrity, leadership, objectivity, Inclusive Diversity and fun.

Your Journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high performing and passionate professionals.

At Alvarez & Marsal, inclusive diversity is a core value, and we are dedicated to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't align with the qualifications in the job description, please reach out to your campus recruiter directly.

Interns are not eligible to participate in Alvarez & Marsal's fringe benefits programs. Click here for more information regarding A&M's benefits program.

The hourly rate for this position is $25-35 per hour, dependent on several variables including but not limited to experience, skills, and geography. Please ask your recruiter for details.

Culture & Values

At Alvarez & Marsal, our core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything we do, shaping a culture rooted in entrepreneurship, impact, and integrity. We trust our people to take ownership early, contribute to meaningful challenges, and drive results that matter. We empower growth and champion diverse perspectives. Above all, we value doing the right thing. For those ready to roll up their sleeves, lead with integrity, and be difference makers, this is where it starts.

Equal Opportunity Employer

It is Alvarez & Marsal's practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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The Company is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers, including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Company's career webpage as a result of your disability. If any employee or applicant with a disability that needs this Policy Statement in a different format to ensure accessibility and understanding or if you are in need of a reasonable accommodation you may contact the Company's Affirmative Action Administrator at 212-759-4433 or by emailing talentacquisition@alvarezandmarsal.com. Please note this email address is not monitored for resume review. Resumes sent to this mailbox will be discarded. Please submit your resume to the active job listing you wish to apply to.

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