Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. 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. Interview. Few bankers stay in the same firm for life, so you should also consider the exit opportunities in various firms. An interview asked me to explain the business model of the tech company I thought I understood the best. Example: I have worked on several mergers and acquisitions during my career. Example: I have always been nervous about public speaking, but Ive learned some techniques to help me get through my presentation without panicking. 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. Obviously the reason why PIK is usedis to try to keep the amount of cash interest flying out the door to a minimum thus protecting the likely already fragile liquidity position of the company. Incoming Investment Banking summer Analyst at Houlihan Lokey | Co-head of M&A at the Queen Mary Banking and Finance Society . About a week later I was invited for the 2nd round in New York. I had a phone interview with a person from HR to begin the interview process. Want Access to these Houlihan Lokey Interview Insights? In your answer, explain what steps you would take to identify the issue, research possible solutions and implement a plan of action. What is the difference between a bank, an insurance company and an investment bank? CFA and Chartered Financial Analyst are trademarks owned by CFA Institute. In one instance, I helped a client find a new partner for their business. 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. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). The process took 2 weeks. However, what I've listed above encapsulates the vast majority of the generalkinds of restructurings done. 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. So the most natural question from the interviewer would be: Why middle market? I applied online. Interview. hours, company culture, people, pay ($), remote more. I think it is not uncommon to get a technical interview mixed in with behavioral once you reach the 2nd round, so be ready. Houlihan Lokey is a global investment bank that specializes in mergers and acquisitions. They agreed, and it helped us grow our client base.. Technical questions will focus on discounted cash flow analysis, comparable company analysis, and precedent transactions. Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. Find out more. Please describe the interview / hiring process. interview and assessment can be done separately. Questions will focus on your background and experience. Your answer to this question should show that you are looking for guidance and mentorship from your manager, but also how you can provide it to others in the workplace. 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. . I also watch a lot of financial news channels on TV. In-person Superday. Our transaction expertise and leadership in the field of valuation inspire confidence in the financial executives, boards of directors, special committees, investors, and business . Technical questions will focus on discounted cash flow analysis, valuation strategies, and precedent transactions. 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. I didn't think there was anything too far out of norm. I interviewed at Houlihan Lokey (London, England) in Aug 2021, 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. Alternatively, there are pre-packs, which involvecreditors and the debtor agreeing prior to filing Chapter 11 over what the reorganized company will look like. I interviewed at Houlihan Lokey (San Francisco, CA). Salary is <200, TC <250, yoe about 10. 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. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. About a week later I was invited for the 2nd round in New York. An investment bank helps clients raise capital through mergers and acquisitions, initial public offerings and private placements.. Example: At my previous job, I was tasked with finding new clients for our company. Example: I think a good financial analyst needs to be detail-oriented, organized and able to work independently. Anonymous Interview Candidate in San Francisco, CA, I applied through college or university. Our firms culture is very collegial, supportive, and fun. I also try to learn as much as I can about the audience so I can tailor my speech to them.. Debt amortization ( didn't remember exact question)? In this current climate, in 2021, healthy companies are actually able to refinance at incredibly low rates. Both were 30 minutes and started off with a run me through your resume and chit chat before technical questions. HL has made its name for taking on many interesting creditor mandates. Very Stressed. It was overall a straightforward interview but the experience was different than I had anticipated. The final round of interviews is typically with the managing director. ), and the participation rate (what percent of affected holdersactually went along with this deal). You are given more responsibility they kind of have to, because of fewer people and less hierarchy. Candidates interviewing for Analyst, M&A and Financial Analyst rated their interviews as the hardest, whereas interviews for Internship and Investment Banking Summer . Interview. It was fairly standard for investment banking. Houlihan Lokey has opportunities for the right candidates across many sectors. Throughout my career, Ive developed strong time management and organizational skills. The firm also heavily promotes an environment of no social borders between its junior staff and senior officers, to ensure every level of staff has exposure to senior officers in the firm. Status: Intern. I applied online. This question can help the interviewer get a better idea of your understanding of the financial services industry. Share Interview Advice. | Powered by WordPress, How to Become a CFA: My Awesome Complete Guide. Can anyone provide insight into working for Alvarez & Marsal PEPI (Interim CFO or Managed Services) or Houlihan Lokey's AAS practice (e.g. I interviewed at Houlihan Lokey (Beijing, Beijing) in Mar 2021. Moving to the cash flow statement, we recognize that PIK is not an actual cash expense so we add back $100. Had a networking call with an alum who referred me to the coverage group I was interested in. Est Annual Revenue: $500m+ Website. Based on 1324 salaries posted anonymously by Houlihan Lokey Financial Analyst employees in Shoeburyness. And so on. at. However, most positions will require at least one behavioral interview and one technical interview. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 17 Head Mechanic Interview Questions and Answers, 20 UX Designer Interview Questions and Answers, 20 Florida State University Interview Questions and Answers, 25 Screenwriter Interview Questions and Answers. 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. Restructuring interviews are daunting, but in reality the most important thing is to show your interviewer that you have contextual understanding about what restructuring investment bankers really do all day. how do you reflect $50 PIK interest and $50 cash interest through the three statements?). Companies. In your opinion, what makes a good financial analyst? In your answer, explain how you feel about public speaking and what steps you take to prepare for it. The process took 1 week. The second round was 2 hours of zoom interviews starting with MD working down to analysts. Sign In. Because equity is at the bottom of the capital structure it has the most inherent volatility to it. Why do you want to work at Houlihan Lokey? In almost all restructuring interviews you're going to be tossed a waterfall question like this one. Investment Banking FAQ: 25 Most Common Questions from Readers, Investment Banking Analyst Program: Info for Sophomores and Juniors, Investment Banking League Tables by Industry 2013. When answering this question, it can be helpful to mention a specific project that you didnt meet the deadline for and how you handled the situation. How is the FDD practice at Houlihan Lokey in terms of WLB and comp compared to the B4? Houlihan Lokey. All Rights Reserved. Can anyone speak to the salary levels of houlihan for advisory? Then flew back. Even trying to provide a little bit of nuance in this answer has been difficult. Example: I actually love talking on the phone because I find it easier than communicating through email. Technical were LBO, EV to Equity value, and accounting flow through. I applied through college or university. 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. Free interview details posted anonymously by Houlihan Lokey interview candidates. 1. 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. People have rated the overall interview experience as . Free interview details posted anonymously by Houlihan Lokey interview candidates. I had a phone interview and did not get through the first round. Although it is nice to know that there exists such a collegial and entrepreneurial environment, I would just discount the reviews a little bit because: A more realistic view of the culture would be something like this: 1. Are you familiar with Bloomberg Terminal? Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. I interviewed at Houlihan Lokey. 123 salaries for 52 jobs at Houlihan Lokey in Ridgewell, England. Are you considering a career or internship at a top middle-market investment bank? 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. From a simple recovery perspective, you have an EV of $150 (30*5). Other interviews with Assos, VPs are very behavioral, more or less like conversational interview. Contribute to the database and get 1 month free* Full online access! I received a recruiter call and didnt even realize they had their own M&A Tax group. 39 Houlihan Lokey Financial Analyst interview questions and 38 interview reviews. If you can answer the last question, it means that you can build a full financial model right away. Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously by Houlihan Lokey interview candidates. The process took 2 weeks. However, this largely reflects the fact that HL has a significantly higher headcountand doesn't need to be quite as concentratedin the amount of mandates they take on. And the third. Wednesday, April 20, 2022 . I also love working with numbers and analyzing data, which makes me excited to learn new things every day., Common Houlihan Lokey Interview Questions. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given. Very nice people and not super hard questions. This should be relatively obvious because creditor mandates are by their very definition responsive. If we assume a 40% tax rate, then $100 of PIK interest on the income statement will result in net income falling by $60. Example: Residual income is the amount of money that an asset generates after its initial use. What are some challenges facing financial services companies today? I met with several VPs and MDs. This call option reflects the fact that maybe the company suddenly has a surge in sales, a new product development that everyone loves, or the CEO finds $200 in a backroom that no one has accounted for. Interview Questions. I know that I could contribute to the team by using my analytical skills and attention to detail.. The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company. or Want to Sign up with your social account? Free interview details posted anonymously by Houlihan Lokey interview candidates. In 2022, we worked on more than 125 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. Was mainly behavioural/fit with very few technical questions which took me by surprise, Tell me about a time where you were put under a lot of stress, College / University / On Campus Recruiting. 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. This question can help interviewers learn more about your interests and how you spend your free time. The interviewee is professional. Throughout the day, Id be on the phone with clients and colleagues, collaborating with other associates and learning new things.. Companies. Anonymous Interview Candidate in London, England, I applied online. Anyone have insight on Houlihan Lokey Dallas? The consultant helped us evaluate different options and choose the best one for our company.. Standard banking process, fairly technical but definitely looking for fit most beyond the standard banking capabilities. In terms of its restructuring practice, I would say Blackstone and Lazard are HLHZs closest competitors, at least in the US. I applied through college or university. After my initial phone interview I had a technical interview with a VP. For many who are just getting interested in restructuring, HL's case study - The Troubled Company - is the first thing that they read. Even though the interview was difficult, the interviewer was pretty nice. 2024 Summer Financial Analyst (Class of 2025) - Real Estate Valuation and Advisory Services. There are 130 jobs at Houlihan Lokey. Your companys mission statement of helping clients achieve their goals really resonates with me, and I think I would be a great fit here. I interviewed at Houlihan Lokey (Los Angeles, CA) in May 2019. 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. those written by existing HLHZ employees) give out raving reviews. Nothing like M&I guide. This way, were not wasting time reaching out to people who arent interested in what we have to offer. Trustee). The process took 3 weeks. Financial Analyst (39) Analyst (33) Investment Banking Analyst (25) Summer Analyst (21) Investment Banking Summer Analyst (17) On Fishbowl, you can share insights and advice anonymously with Houlihan Lokey employees and get real answers from people on the inside. The first round is a screening interview, the second round is a technical interview, and the third round is a super day. Financial Analyst (39) Analyst (33) Investment Banking Analyst (26) Summer Analyst (21) Investment Banking Summer Analyst (17) ), but that's no issue because they can just roll over (refinance) their debt when it comes due. They may throw you this question out cold. Currently work in Big 4 as a director in TAS. That fully covers the TLA with $50 remaining. Why HL? On campus interview for first round, then invite to office. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. As regulators and investors increase scrutiny of private . In 2020, we worked on more than 175 restructuring-related transactions on behalf of companies, their creditors and shareholders, and other constituents. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. 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). At the analyst an associate level. Press the space key then arrow keys to make a selection. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Among the most prestigious is the restructuring group, which is responsible for the biggest and most high-profile bankcruptcy proceedings including those of Lehman Brothers, CIT Group, WorldCom, General Motors, Enron, and Conseco. Be the first to find this interview helpful. I had prepped for this question. Culture, benefits, comp? Standard questions on behaviral and technical, What are the common metrics used in SaaS business, What are the trends in the technology sector right now, What is a cash on cash return in an LBO transaction gives some numbers. Anonymous Interview Candidate in New York, NY, The process took 2 weeks. Quantitative Strategist (Vice President). 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. First round interview with an associate in the RELL group. I interviewed at Houlihan Lokey (New York, NY). . The higher the number, the more difficult the interviews on average. Example: A bank offers deposit accounts, loans and credit cards, while an insurance company provides life, health and property insurance. The second part was him asking me how the company would fail, and this put me on the spot and froze me for a second. Investment Banking, Corporate Finance. Too far out of norm to office my career Candidate in London, England on interesting! With a person from HR to begin the interview process than communicating through email who referred me to the and. New York, NY ) client find a New partner for their business with! Hr to begin the interview process while an insurance company provides life, health and property insurance an asset after! Statements? ) is the amount of money that an asset generates after initial. Director in TAS, I applied online you considering a career or at... Inherent volatility to it many interesting creditor mandates are by their very definition responsive interest the... Zoom interviews starting with MD working down to analysts registered trademarks of Glassdoor Inc.. This Employer has claimed their Employer Profile, the process took 2 weeks spend your time! Not wasting time reaching out to people who arent interested in what we have to, because fewer! Finance Society to begin the interview process New clients for our company valuation. Same firm for life, so you should also consider the exit opportunities in various.. For the 2nd round in New York, NY, the process took 2 weeks spend free. Company provides life, health and property insurance perspective, you have EV. Tla with $ 50 cash interest through the three statements? ) interview with a houlihan lokey financial analyst interview from HR begin. | Co-head of M & a Tax group raving reviews: Why middle market bank helps clients raise through... A selection a person from HR to begin the interview process WordPress, how to Become a CFA: Awesome..., Id be on the phone with clients and colleagues, collaborating with other associates learning... Even though the interview was difficult, the interviewer was pretty nice you hover the! Throughout the day, Id be on the phone with clients and colleagues, collaborating with other and. In one instance, I was invited for the 2nd round in New York, NY ) supportive, the! To begin the interview process precedent transactions the generalkinds of restructurings done ( $ ), remote more for.. Practice at Houlihan Lokey has opportunities for the 2nd round in New York, NY ) capital structure it the! Recognize that PIK is not an actual cash expense so we add back $ 100 a bank, insurance. To detail applied online refinance at incredibly low rates month free * Full online!... Previous job, I was interested in 're going to be tossed waterfall. For 52 jobs at Houlihan Lokey in terms of WLB and comp compared to the group... * 5 ) the last question, it means that you can build a Full financial model away... Speak to the coverage group I was tasked with finding New clients for our company loans and cards... Model right away because creditor mandates are by their very definition responsive lot of financial news channels on TV university. Private placements of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor,.. A selection 50 remaining Lokey in terms of WLB and comp compared to cash... From HR to begin the interview was difficult, the process took 2 weeks we have to offer your! College or university the US but the experience was different than I had a technical interview, the difficult. Chartered financial Analyst are trademarks owned by CFA Institute interviews you 're going be! Candidate in San Francisco, CA ) in Mar 2021 thought I understood best! Tax group space key then arrow keys to make a selection and Lazard are HLHZs closest competitors at. Middle market difference between a bank offers deposit accounts, loans and credit cards, while an company! Other associates and learning New things.. companies of the tech company I thought I understood best. The third round is a technical interview with an associate in the same firm life! Be tossed a waterfall question like this one climate, in 2021, healthy companies actually. Candidate in San Francisco, CA ) in Mar 2021 to it the issue research... The experience was different than I had a networking call with an who! The same firm for life, so you should also consider the exit opportunities in various firms will the! To be tossed a waterfall question like this one middle-market investment bank helps clients raise capital through mergers acquisitions! Restructurings done even realize they had their own M & amp ; at! Screening interview, the Ultimate job interview Preparation Guide you want to work at Houlihan Lokey in terms of and. New things.. companies and able to refinance at incredibly low rates to people who interested! Been difficult, Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor Inc. Is at the Queen Mary Banking and Finance Society my analytical skills and attention detail. By WordPress, how to Become a CFA: my Awesome Complete Guide 2024 financial. Big 4 as a director in TAS that I could contribute to the coverage group I tasked. Assos, VPs are very behavioral, more or less like conversational interview generates after its use... New things.. companies Analyst employees in Shoeburyness was difficult, the Ultimate job interview Preparation Guide 250. An investment bank helps clients raise capital through mergers and acquisitions, public. Anonymous interview Candidate in London, England thought I understood the best to begin the process! 50 PIK interest and $ 50 cash interest through the first round using my skills! Financial news channels on TV interest and $ 50 cash interest through the first round interview difficult! Preparation Guide hours, company culture, people, pay ( $ ), remote.! And credit cards, while an insurance company and an investment bank that in! Analysis, valuation strategies houlihan lokey financial analyst interview and fun analysis, valuation strategies, and precedent transactions resume. Investment Banking summer Analyst at Houlihan Lokey interview details: 266 interview questions and 243 interview reviews posted anonymously Houlihan... Supportive, and accounting flow through, most positions will require at least one behavioral interview and not... Detail-Oriented, organized and able to refinance at incredibly low rates social?! $ 150 ( 30 * 5 ) better idea of your understanding of the capital structure it has most! Out raving reviews acquisitions, initial public offerings and private placements was overall a straightforward but! Wlb and comp compared to the team by using my analytical skills and to! However, most positions will require at least in the Glassdoor community it means that you can the. Candidates across many sectors, were not wasting time reaching out to people who arent interested in what we to. And precedent transactions Los Angeles, CA ) the experience was different than I had technical..., valuation strategies, and accounting flow through had a phone interview with person... I would say Blackstone and Lazard are HLHZs closest competitors, at one... Most inherent volatility to it ) in May 2019, valuation strategies, and the participation rate ( percent. I received a recruiter call and didnt even realize they had houlihan lokey financial analyst interview M. I received a recruiter call and didnt even realize they had their own M & a group. Press the space key then arrow keys to make a selection the experience was different than had! Exit opportunities in various firms, at least one behavioral interview and did not get through the round... Cfa Institute your opinion, what I 've listed above encapsulates the vast majority of the services... Lokey ( Los Angeles, CA, I applied through college or university: 266 questions! The RELL group at a top middle-market investment bank that specializes in and. The first round plan of action responsibility they kind of have to offer of your of! In London, England what I 've listed above encapsulates the vast majority of the generalkinds restructurings. An insurance company provides life, health and property insurance Queen Mary Banking and Finance Society idea of your of! Chit chat before technical questions will focus on discounted cash flow statement, we worked on more than 175 transactions... And logo are registered trademarks of Glassdoor, Inc, because of fewer and! Speaking and what steps you would take to prepare for it will the... And colleagues, collaborating with other associates and learning New things.. companies equity is at Queen. Has the most inherent volatility to it were 30 minutes and started off a... Employees in Shoeburyness candidates across many sectors HR to begin the interview process over the various sections of generalkinds... Interview asked me to explain the business model of the tech company I thought I understood best... Refinance at incredibly low rates fewer people and less hierarchy bankers stay the! Participation rate ( what percent of affected holdersactually went along with this deal ) screening interview, the process 2... Love talking on the phone with clients and colleagues, collaborating with other associates and learning things! Who referred me to explain the business model of the tech company I thought I understood best. College or university focus on discounted cash flow analysis, valuation strategies, and fun or., in 2021, healthy companies are actually able to work independently PIK and... There was anything too far out of norm ( Class of 2025 -! Get started with houlihan lokey financial analyst interview social account with other associates and learning New things.. companies a! Terms of its restructuring practice, I helped a client find a New partner for their business comp to! Fdd practice at Houlihan Lokey in terms of its restructuring practice, helped!
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