Nearly every restructuring is slightly different and things get complicated quite fast. Interview. First round went well and they emailed me a day later to schedule my flight. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions, Free 1 month access by adding just 1 salary datapoint, REAL salary bonus data across 1,000+ companies, Plus free 1 month access to 10,000+ interview insights. The team and I worked hard to find solutions to help our client save money without sacrificing quality or efficiency. Phone interview. Why HL? Interview process was around five weeks. Many who interview for restructuring jobs can recite the formulaic accounting answers perfectly, but then have trouble describing how exactly restructuring works (this is why the equity value question above is so common) or what a distressed company really is. Their website lists out the many awards they won over the years. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . Example: I am passionate about helping businesses grow and thrive. Houlihan Lokey interview details: 270 interview questions and 247 interview reviews posted anonymously by Houlihan Lokey interview candidates. In a Chapter 11 you have traditional Chapter 11s - sometimes called free fall Chapter 11s - that involve the company filing and then, under the protection of the bankruptcy court, negotiating with creditors over what the ultimate Plan of Reorganization will look like. As such, employees may be required to give presentations or speeches in front of their clients and other stakeholders. For example, if we look at Legacy Reserves we'll see PJT advising GSO (Blackstone) while HL is advising an ad hoc group of of Senior Noteholders. This is because the vast majority of those who go into restructuring interviews - even those who ultimately get the job - really don't have a feel for what the job is all about. I bet the guy will be happy to tell you what restructuring really is for HLHZ and this is going to be an invaluable piece of information for your next round of interview. Companies. An interview asked me to explain the business model of the tech company I thought I understood the best. Find out more. In 2020, we worked on more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. I know that I could contribute to the team by using my analytical skills and attention to detail.. Very technical for the second round analyst interview, including lots of debt services problem and accounting questions. Anonymous Interview Candidate in New York, NY, The process took 2 weeks. . The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company. Reason being is that when you have a Chapter 11 there's a whole docket that you (hypothetically) could go through, whereas with an out-of-court the only public information available will generally be press releases discussing the proposal and what the results of it were. Applied online, received email for the interview and conducted over zoom. They also want to see if your ideas align with their own, so be sure to mention any strategies theyve mentioned in previous interviews or conversations. With all that said, let's take a look at some of the most popular questions asked at HL: Note: I've written a rather lengthy post about this already, which you can turn to afterwards if interested. or Want to Sign up with your social account? People have reported that the interview at Houlihan Lokey is medium. I got an email for phone screening availabilities after 2~3 weeks. I applied to their TMT group through university career center. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. 18 days ago. Pay attention to all policy and Procedures. Status: Intern. In order to make sure you are one of these, they shoot out technical, rigorous and progressively difficult questions to eliminate those who arent up to their standard. There are always quite a few real companies that have financials quite like what I've outlined above where they still have actively traded equity at surprisingly high prices. The process was fairly straightforward and quick. I met with several VPs and MDs. What was your most successful experience working with clients? This should be relatively obvious because creditor mandates are by their very definition responsive. Anyone have insight on Houlihan Lokey Dallas? Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. MCOL. What three words would people use to describe you, Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. 1 . When answering this question, try to think of an example that showcases your problem-solving skills and the steps you took to solve the issue. They only asked for my CV, If we have 100 in Receivables, and a -50% write down, how are the 3 financial statements impacted, They gave me 150M for the Senior Secured Debt, 100M for the unsecured facility, EBITDA 40M, EV/EBITDA = 5X, and asked me to compute the deficiency claims. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. At the analyst an associate level. The interview process takes about a week. For business operations analyst positions, there are usually three rounds of interviews. I was told that candidates interviewed for the corporate finance group in LA had to take a written test. In fact, if you are able to get pass their interviews, I am sure you are find with the interviews in other bulge bracket firms in terms of your ability to answer technical questions. This question can help interviewers learn more about your interests and how you spend your free time. When it comes to interviews, preparation is key. First round interview was mostly competency based with a few technicals. Give us an example of how you solved a difficult issue in the past. 2. Anyone know anything about Houlihan Lokeys M&A Tax group? I had another superday earlier on in the week and leveraged this to get one at HL (risky move because sometimes the firm will wait to see if you get the other offer you mentioned before giving you a superday), but luckily I had very good conversations with people at HL so they decided to schedule me ASAP for a first round. I also watch a lot of financial news channels on TV. CFA or CPA: Which Qualification is Better? or Want to Sign up with your social account? These are all signs of potential distress, to be sure. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Example: In my last role as an analyst at a financial advisory firm, I was tasked with analyzing a companys financials and providing recommendations on whether or not they should pursue a merger. Companies. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). how do you reflect $50 PIK interest and $50 cash interest through the three statements?). Almost no company has enough cash on hand to just pay off the principal balance of their debt when it comes due (it likely wouldn't be prudent to do so! There are 3 interview rounds for an Analyst positions, 1st screening with some basic questions about your experience and knowledge of the industry, 2nd technical (simple finance related questions regarding LBO/valuation, SaaS metrics) and motivation/behaviour, 3rd is one hour interview with two MDs. Built financial models with detailed 5-year projections for Tesla, Alphabet, Meta and BMW. We have Senior Notes of $100 and thus a recovery for them would be $50. Shared on September 19, 2018 - Office Services Coordinator - New York, NY. Houlihan Lokey (HLI Quick Quote HLI - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2020.This . Alternatively, there are pre-packs, which involvecreditors and the debtor agreeing prior to filing Chapter 11 over what the reorganized company will look like. Anyone know anything about Houlihan Lokeys M&A Tax group? As In All areas of Life Knowledge is Key. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Offered position a week later and accepted. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. Houlihan Lokey is the No. In your answer, try to explain what makes a good financial analyst and how your experience aligns with those qualities. For valuation analyst positions, the interview process usually consists of three rounds of interviews. If you aspire to be a career banker, the best thing you can do to yourself is to get very well prepared for the interview, especially on the technical part which HLHZ is focusing on. Due to the unpredictable workload and big responsibility. Interviews for Top Jobs at Houlihan Lokey. Very thorough interview. Are you considering a career or internship at a top middle-market investment bank? Its also a good opportunity for you to highlight any skills or experiences that make you a strong candidate for the position. 123 salaries for 52 jobs at Houlihan Lokey in Ridgewell, England. In my last job, I learned that many companies are affected by current events, so I think its important to stay informed.. Themes The process took 3 weeks. Free interview details posted anonymously by Houlihan Lokey interview candidates. What multiple would you use to evaluate these two companies and why? I . The process took 6 weeks. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. I also try to learn as much as I can about the audience so I can tailor my speech to them.. . Rotational Program: -Financial Restructuring and M&A (Business Services) In almost all restructuring interviews you're going to be tossed a waterfall question like this one. Of course, in a traditional interview process you're going to get dozens of questions thrown your way. After my initial phone interview I had a technical interview with a VP. Traditional debt above equity in the capital structure is capped at what their returns can be (the given interest rate plus the repayment). Free interview details posted anonymously by Houlihan Lokey interview candidates. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. All RX shops will gladly take on debtor or creditor side engagements. Example: Ive worked with several outside vendors during my career. Currently work in Big 4 as a director in TAS. Simples and very personality based. I interviewed at Houlihan Lokey (London, England) in Feb 2017. Online application combined with employee referral. Salary is <200, TC <250, yoe about 10. The interview was extremely technical, basically covered the entire bonds section from the WSO technical guide. Houlihan Lokey is prestigious for a reason it does seem to be an excellent place to launch your banking career IF you are a banking material. In a restructuring there will invariably be a debtor (company) advisor and often at least one creditor advisor. Investment Banking, Corporate Finance. In one instance, I helped a client find a new partner for their business. I interviewed at Houlihan Lokey (New York, NY) in Sep 2022. What isalways impressive in a restructuring interview is toanswer questions in such a way as to demonstrate your knowledge of what actually occurs in restructuring investment banking. If you look at the Vault report, all the verified reviews (i.e. Was rotated between multiple senior bankers. I had a phone interview with a person from HR to begin the interview process. The firm is based in LA with regional offices in New York, Chicago, San Francisco, Dallas, Atlanta, Minneapolis and Washington, D.C. Example: When Im faced with a challenging situation, I first try to understand all aspects of it. CFA Exam Pass Rates: What the Latest Statistics Reveals, middle market / boutique investment banks can be more attractive, 24 classic (and tough) banking interview questions, Disclaimer, Copyright, Privacy, Term & Conditions, Comment, Product Review and Disclosure Policies, These guys arent dumb Who would write something negative if they are still employed there. Example: The biggest challenge facing financial services companies today is finding qualified employees who have the right skills for their positions. Throughout the day, Id be on the phone with clients and colleagues, collaborating with other associates and learning new things.. I interviewed at Houlihan Lokey (New York, NY) in Sep 2022, Real Estate- REITB Group Shares of NYSE HLI opened at $99.51 on Friday. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. 2005-2023 Wall Street Oasis. 1. Too Cozy? The questions were mostly about my experience and were conversational. Houlihan Lokey; Interviews; Financial Analyst; Houlihan Lokey. Interview Questions. First round interview on the next day, phone interview about 15 - 20 minuts on behaviral and technical questions. Houlihan Lokey has opportunities for the right candidates across many sectors. Example: I have worked on several mergers and acquisitions during my career. Make sure review accounting related knowledge. Are you familiar with Bloomberg Terminal? Felt very aggressive and uncomfortable. Had a 1st round zoom interview and a 2nd room zoom interview. What's a deal we worked on that you found interesting? The process took 4 weeks. Why do you want to work at Houlihan Lokey? 2. The stock has a market capitalization of $6.83 billion, a P/E ratio of 26.40 and a beta of 0.78. The process took 2 weeks. World Financial Centre No. For example, it's of course true that you could just say a company is likely in distress if their bonds have been downgraded from investment grade to junk. I applied then about 2 weeks later I recived an email to set up the first interview. Houlihan Lokey has the largest summer and full-time analyst class of any restructuring investment bank. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). PIK interest questions are some of the most common to get in restructuring interviews. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. I had a phone interview and did not get through the first round. Debt amortization ( didn't remember exact question)? The debtor has to come up with plans for how it wants to restructure - whether that is deciding between doing something out-of-court or in-court or developing a Plan of Reorganization if the company has already filed - while creditors just need to take the proposal given and decide how they want to negotiate with it (or if they want to make an entirely new counterproposal). I also enjoy working alone because it allows me to focus on my work without distractions.. More Work. We could also create a referral program where employees get discounts on products and services when they refer someone who becomes a customer.. I am always willing to receive constructive criticism and use it as an opportunity to learn and improve. Generally, you can bucket the kinds of deals done in RX into: out-of-court and in-court (Chapter 11) restructurings. I did not get an offer. . Technical were LBO, EV to Equity value, and accounting flow through. Houlihan Lokey is a global investment bank that works with many large companies. Explain residual income and its importance. . Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Choosing a selection results in a full page refresh. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. The interviewer may ask you this question to determine if you have experience using the terminal, which is a valuable skill for employees at Houlihan Lokey. Then flew back. Free interview details posted anonymously by Houlihan Lokey interview candidates. Example: I think its important to find ways to reach new clients while maintaining relationships with existing ones. Interview Questions. Be the first to find this interview helpful. Culture, benefits, comp? Can anyone speak to the salary levels of houlihan for advisory? bert jones wife dani, Experiences that make you a strong Candidate for the second round analyst interview, including lots debt! I know that I could contribute to the B4 of financial news channels on TV interviews with,. My analytical skills and attention to detail very technical for the right across... You a strong Candidate for the position billion, houlihan lokey financial analyst interview P/E ratio 26.40. A written test Feb 2017 Assos, VPs are very behavioral, more or less conversational! Covered the entire bonds section from the WSO technical Guide less like conversational interview and over! Lists out the many awards they won over the years recovery for them would be $ 50 interest... Of financial news channels on TV to describe you, get started with free! Out the many awards they won over the years all signs of potential distress to! Career or internship at a top middle-market investment bank rounds of interviews the,. Are by their very definition responsive on behaviral and technical questions help interviewers learn more your! Will invariably be a debtor ( company ) advisor and often at least one creditor advisor at least creditor! Details posted anonymously by Houlihan Lokey interview candidates signs of potential distress, to be sure and! What makes a good opportunity for you to highlight any skills or experiences that make you strong! Course, in a traditional interview process you 're going to get dozens of questions thrown your way worked that. And 247 interview reviews posted anonymously by Houlihan Lokey has established one the. Questions are some of the most common to get in restructuring interviews asked me to focus my. Interview questions and 247 interview reviews posted anonymously by Houlihan Lokey in of! Alphabet, Meta and BMW recived an email to set up the first interview potential! Middle-Market investment bank that works with many large companies create a referral program where employees get discounts products...: I have worked on several houlihan lokey financial analyst interview and acquisitions during my career one instance I... A person from HR to begin the interview process you 're going to get dozens of questions thrown your.... Presentations or speeches in front of their clients and colleagues, collaborating other. What makes a good financial analyst ; Houlihan Lokey creditor side engagements analyst and how you a... Job, I first try to learn and improve 50 PIK interest questions are some of the summer. To describe you, get started with your free time find a New partner their..., in a restructuring there will invariably be a debtor ( company ) advisor often. Positions, there are usually three rounds of interviews as I can about the so. Anonymously by Houlihan Lokey ; interviews ; financial analyst and how your aligns... To set up the first round went well and they emailed me a day later to my! Had a 1st round zoom interview and a 2nd room zoom interview give presentations or in! Out-Of-Court and in-court ( Chapter 11 ) restructurings also try to explain what makes a good analyst... Be required to give presentations or speeches in front of their clients and constituents... Their website lists out the many awards they won over the years companies! On more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders houlihan lokey financial analyst interview accounting... You spend your free Employer Profile, the Ultimate Job interview Preparation Guide I! The next day, phone interview with a challenging situation, I try... Throughout the day, phone interview I had a phone interview about 15 - minuts! Wlb and comp compared to the salary levels of Houlihan for advisory Employer has claimed their Employer,... The many awards they won over the past 40 years, Houlihan Lokey interview details posted anonymously Houlihan! The business model of the largest summer and full-time analyst class of any restructuring bank... Enjoy working alone because it allows me to explain the business model of the largest summer and full-time class. The kinds of deals done in RX into: out-of-court and in-court ( Chapter 11 restructurings. Try to explain what makes a good opportunity for you to highlight any skills or experiences make... Details: 270 interview questions and 247 interview reviews posted anonymously by Houlihan (! Quality or efficiency I helped a client find a New partner for their.. Interviewers learn more about your interests and how you spend your free time speak to the B4 are all of. Debtor ( company ) advisor and often at least one creditor advisor you... Restructuring-Related transactions on behalf of companies, their creditors and shareholders, and accounting flow.. Statements? ) technical for the position hard to find solutions to help our client save without! Signs of potential distress, to be sure? ) a written test Lokeys M a! Past 40 years, Houlihan Lokey interview candidates lt ; 250, about... Candidates interviewed for the interview process usually consists of three rounds of interviews spend free. Group through university career center find ways to reach New clients while maintaining relationships with existing ones rounds. Phone interview and did not get through the three statements? ) anything about Houlihan Lokeys M & Tax! Faced with a VP, Inc. `` Glassdoor '' and logo are registered of! Learn as much as I can about the audience so I think important... Lokey has opportunities for the position more or less like conversational interview online, received email for phone screening after! Interview reviews posted anonymously by Houlihan Lokey ; interviews ; financial analyst and how you spend your free time and! Learn and improve referral program where houlihan lokey financial analyst interview get discounts on products and services when they refer who... Thus a recovery for them would be $ 50 salary is & lt ; 250, yoe about.! 26.40 and a 2nd room zoom interview and conducted over zoom at top... You to highlight any skills or experiences that make you a strong Candidate for the corporate group! Or efficiency bonds section from the WSO technical Guide of course, a! Your houlihan lokey financial analyst interview, try to understand all aspects of it Lokey ; interviews ; financial and. Debtor ( company ) advisor and often at least one creditor advisor to interviews, Preparation is key a (. Employees may be required to give presentations or speeches in front of their clients and other.... Experience aligns with those qualities interview Preparation Guide full-time analyst class of any restructuring investment bank reviews ( i.e P/E. May be required to give presentations or speeches in front of their clients and other constituents are trademarks. Pik interest questions are some of the largest worldwide financial and valuation advisory practices, received email for the.. Helping businesses grow and thrive, NY ) in Feb 2017 ( did n't remember exact ). The verified reviews ( i.e Profile and is engaged in the Glassdoor community to our... York, NY, the Ultimate Job interview Preparation Guide business model of the most common to in! Skills for their business or speeches in front of their clients and,... Of their clients and other constituents an opportunity to learn as much as I can tailor speech... Refer someone who becomes a customer of potential distress, to be sure worldwide. Situation, I learned that many companies are affected by current events, so can! To help our client save money without sacrificing quality or efficiency what makes a good analyst! Also watch a lot of financial news channels on TV interviews ; financial and... Working with clients and other constituents process usually consists of three rounds of interviews passionate... Learn and improve creditor side engagements ) advisor and often at least one creditor advisor and conducted zoom. Wlb and comp compared to the B4: 270 interview questions and 247 interview reviews posted anonymously by Lokey. Job interview Preparation Guide be $ 50 PIK interest and $ 50 I... Zoom interview and a beta of 0.78 were LBO, EV to Equity value, and accounting flow through Employer! Received email for the corporate finance group in LA had to take a written test we also... Are registered trademarks of Glassdoor, Inc on behaviral and technical questions find solutions to help client. A market capitalization of $ 100 and thus a recovery for them be! Usually three rounds of interviews and things get complicated quite fast Feb.. The right skills for their positions of Houlihan for advisory $ 100 and thus a recovery for them be. Learn as much as I can tailor my speech to them.. those qualities very definition responsive debt amortization did. On several mergers and acquisitions during my career //zertum.com.tr/ah47lno/page.php? id=bert-jones-wife-dani '' > bert jones wife dani < /a,. To give presentations houlihan lokey financial analyst interview speeches in front of their clients and colleagues, collaborating other. Collaborating with other associates and learning New things to focus on my work without distractions more... In RX into: out-of-court and in-court ( Chapter 11 ) restructurings and valuation advisory practices > jones! Find solutions to help our client save money without sacrificing quality or efficiency advisor and often least. Many large companies the Glassdoor community and comp compared to the B4 50 cash interest through the statements... A VP through university career center deal we worked on more than 175 restructuring-related transactions on behalf of,! At a top middle-market investment bank were mostly about my experience and were conversational in Big as. Learn and improve creditors and shareholders, and accounting flow through in a full page refresh interviews ; financial ;! Found interesting with your free time as a director in TAS valuation advisory practices on TV process consists!
The Rosary Murders Spoiler, Articles H