Portfolio Management: Workout and Restructuring Summer 2026 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

Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill​, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.​​

Mizuho Americas offers a competitive total rewards package.

We are an EEO/AA Employer - M/F/Disability/Veteran.

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.