2026 MBA Restructuring Associate - Stifel Capital Structure Advisory (Miller Buckfire), a Stifel Company (New York)

Location US-NY-New York
ID 2025-8479
Category
Intern
Position Type
Temporary | Full Time
Work Type
Onsite

Why Stifel

Stifel Capital Structure Advisory (formerly Miller Buckfire), a Stifel Company, is a restructuring boutique with an outstanding track record of providing objective and thoughtful advice in financial restructurings, recapitalizations and other high-stakes situations. Based in New York, the firm’s professionals have a 29+ year history of providing objective and thoughtful advice to companies, creditors, shareholders, sponsors and other key stakeholders. Stifel Capital Structure Advisory professionals have deep experience managing complex transactions across industries and geographies, and they pride themselves on differentiated service characterized by intellect, creativity and hands-on involvement.

 

The professionals at Stifel Capital Structure Advisory (formerly Miller Buckfire) work seamlessly with Stifel industry bankers to provide clients access to the full spectrum of strategic alternatives. Most of our transactions are completed out-of-court, and frequently our involvement is undisclosed. As a group, Miller Buckfire’s professionals have represented more than 190 companies, restructured approximately $450 billion of debt, advised on mergers and acquisitions valued at over $21 billion and raised over $61 billion in financing.

 

Stifel Capital Structure Advisory (formerly Miller Buckfire) has a long track record with:

  • Renegotiating credit facilities
  • Obtaining covenant waivers and amendments
  • Consummating exchange offers, tender offers and consent solicitations
  • Raising capital (bank loans, second lien, DIP financings, high yield, mezzanine loans, private equity and strategic investments)
  • Selling non-core assets or entire companies
  • Effectuating cross border and international restructurings
  • Providing expert valuation and related testimony
  • Pre-packaged / pre-arranged chapter 11 cases
  • Traditional restructurings under chapter 11

Past and current clients include: AMF Bowling, Calpine, Dana Corp, City of Detroit, Commonwealth of Puerto Rico creditors, Caesars Entertainment creditors, Excel Maritime, General Growth Properties, GNC creditors, Gymboree, Huntsman Corp, Kmart, Lear Corp, Lehman Brothers Inc., Mashantucket Pequot Tribal Nation (Foxwoods), OSI Restaurants (Outback Steakhouse), Polaroid, Reader’s Digest Association, Simmons Bedding, Sirius Satellite Radio, The Spiegel Group (Eddie Bauer), Sunbeam Corporation, Tuesday Morning and Vonage.

What You'll Be Doing

Stifel Capital Structure Advisory's New York-based Summer Associate Program provides MBA candidates with a hands-on introduction to the role of an Associate in Restructuring. Summer Associates at Stifel Capital Structure Advisory develop the skills necessary for a successful career in restructuring investment banking.

 

The firm is committed to training and developing its associates to reach their full potential. Summer Associates participate in a robust training program during the first month of the program. In addition to both formal and informal training programs, there is a formal mentorship program, mid- and end-of-summer reviews, social networking events and significant learning opportunities outside of your day-to-day projects. Associates are industry agnostic, gaining significant exposure to a broad range of stressed and distressed situations across a range of industries.

 

Responsibilities

 

A Summer Associate’s specific responsibilities may include conducting industry research, building financial models to analyze company projections or potential transactions, drafting client presentation materials, and participating in client calls or meetings.

 

  • Preparing presentation materials such as PowerPoint slides and summaries for pitchbooks
  • Working closely with deal teams, including other junior and senior bankers
  • Performing and leading in-depth quantitative financial analyses and modeling
  • Contributing to team meetings and discussions
  • Conducting industry research and building out industry databases
  • Analyzing and researching companies in a wide range of industries
  • Interacting with investment banking clients and investors

What We're Looking For

Summer Associate candidates should possess outstanding academic records and have demonstrated strong leadership ability through their professional career prior to business school and involvement in extracurricular endeavors as well as a keen interest in finance and restructuring.

 

The ideal candidate will possess the following:

  • Strong quantitative and analytical skills
  • Superior attention to detail
  • Disciplined work ethic and strong leadership ability
  • Excellent verbal and written communication skills
  • Ability to effectively manage multiple simultaneous project deadlines
  • Proficiency in Excel and PowerPoint
  • Significant exposure to finance and accounting
  • Experience with financial modeling and analysis preferred
  • Ability to work in teams
  • Highly-motivated and energetic

Education & Experience

  • Pursuing an MBA degree with an anticipated graduation date of Spring 2027
  • Authorization to work in the U.S.

Systems & Technology

  • Proficiency in Excel and PowerPoint.

Compensation Range

Salary: USD $175,000.00/Yr. - USD $175,000.00/Yr.

Actual salaries may vary, and may be based on several factors, including but not limited to each candidate’s qualifications, skills, and overall competencies for the position. The base salary is one component of Stifel’s overall compensation package for each individual employee. Other benefits and offerings include, but not limited to, discretionary bonuses, health / dental / vision / prescription insurance offerings, Stifel Total Health Connect, flexible spending accounts, tuition & certification assistance programs, paid time off, and much, much more! To view a more comprehensive list of Stifel’s current offerings, please visit https://www.stifel.com/careers/benefits. Applications are accepted until the position is filled.

About Stifel

Miller Buckfire, a Stifel Company, is a restructuring boutique with an outstanding track record of providing objective and thoughtful advice in financial restructurings, recapitalizations and other high-stakes situations. Based in New York, the firm’s professionals have a 20+ year history of providing objective and thoughtful advice to companies, creditors, shareholders, sponsors and other key stakeholders. Miller Buckfire professionals have deep experience managing complex transactions across industries and geographies, and they pride themselves on differentiated service characterized by intellect, creativity and hands-on involvement.

 

The professionals at Miller Buckfire work seamlessly with Stifel industry bankers to provide clients access to the full spectrum of strategic alternatives. Most of Miller Buckfire’s transactions are completed out-of-court, and involvement is often undisclosed. As a group, Miller Buckfire’s professionals have represented more than 190 companies, restructured approximately $420 billion of debt, advised on mergers and acquisitions valued at over $21 billion, and raised over $61 billion in financing.

 

Miller Buckfire has extensive experience assisting clients with:

 

  • Renegotiating credit facilities
  • Obtaining covenant waivers and amendments
  • Consummating exchange offers, tender offers and consent solicitations
  • Raising capital (bank loans, second lien, DIP financings, high yield, mezzanine loans, private equity and strategic investments)
  • Selling non-core assets or entire companies
  • Effectuating cross-border and international restructurings
  • Providing expert valuation and related testimony
  • Pre-packaged / pre-arranged chapter 11 cases
  • Traditional restructurings under chapter 11

 

Past and current clients include: AMF Bowling, Calpine, Dana Corp, City of Detroit, Commonwealth of Puerto Rico creditors, Caesars Entertainment creditors, Excel Maritime, General Growth Properties, GNC creditors, Gymboree, Huntsman Corp, Kmart, Lear Corp, Lehman Brothers Inc., Mashantucket Pequot Tribal Nation (Foxwoods), OSI Restaurants (Outback Steakhouse), Polaroid, Reader’s Digest Association, Simmons Bedding, Sirius Satellite Radio, The Spiegel Group (Eddie Bauer), Sunbeam Corporation, Tuesday Morning and Vonage.

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