Career Opportunities:
ASSOCIATE FAQS

1. What type of deal flow does the firm have?
" The firm typically has 20 to 30 active engagements and enjoys a large number of significant relationships. More importantly, PJSC hires a limited number of junior bankers ensuring that each banker will continuously work on numerous active engagements."

2. What is the career path?
" PJSC is a meritocracy. Associates will typically become Associate Directors in their fourth year but may be promoted earlier or later depending on the individual's progress and contribution. The timing of future promotions will depend on when an Associate Director is ready to assume the responsibility of soliciting and overseeing client engagements as well as guiding the firm."

3. Will I be able to assume more responsibility faster than at a big firm?
" Yes. Associates who prove they are capable of assuming additional responsibility are actively encouraged to do so."

4. What sort of access will I have to Peter Solomon?
" The firm maintains an open door policy, and, given its size, every member of the firm has constant exposure and access to the partners."

5. What is the typical composition of a client team?
" Two or three bankers, including a Managing Director and either an Associate Director or an Associate along with an Analyst. In the initial stages of an Associate's career he or she should expect to work on teams with Assocate Directors, but over time Associates will spend the majority of their time on teams with a Managing Director and an Analyst."

6. What level of compensation can I expect?
" The firm makes every effort to compensate junior bankers at the upper end or above the range of compensation paid by investment banks. As bankers become more senior, compensation is tied to individual contribution in addition to the firm's profitability. When the firm is successful, as it has been in the past, there is the opportunity to receive compensation in excess of one's peers at larger institutions."

7. How does the lifestyle compare with larger investment banks?
" PJSC's clients expect the same level of client service that larger investment banks provide, which requires its professionals to make some of the same sacrifices that bankers at larger institutions make. PJSC does, however, take on assignments selectively which ensures that hours spent working are focused on satisfying our client's needs as well as completing transactions."