Intern

1st round: TI with an AN/AS describing why RX, why you, why your major, what is a Term Loan, why do companies fall into distress, what are different methods of restructuring a company (20-30 mins max)
2nd round: 2xTI with AS/VP describing RX questions (standard waterfall, structural subordination w/ 2 opcos and 1 holdco, YTM approx questions) and basic accounting and valuation (write down of asset, DCF for distressed, what are best comps types to use in RX etc.)
Superday: 3x in person with everyone from AN to MD on same as above but some were more fit/behavioural/personality and some were technical (calculate UFCF/LFCF, what are EBITDA addbacks, trends in RX/Levfin), explain a deal we did, walk through your deals, mechanics of a capital structure
1 last HR interview to ask about other processes, availability to start and basic formalities