High Yield & Distressed Fixed Income Sales Trader

Idibu; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading investment firm based in London seeks an experienced professional in distressed fixed income trading. The role involves selling and trading illiquid securities and managing deals across various financial products. Candidates should have a minimum of one year in distressed debt or leveraged finance, with strong communication skills and a team-oriented approach. The position offers competitive compensation and a hybrid work model providing flexibility while engaging with global clients.

Benefits

Competitive compensation

Hybrid work options

Career progression opportunities

Qualifications

• Minimum of 1 year of experience in distressed debt or fixed income trading.
• Ability to multi-task and prioritize in a high-pressure environment.
• Sound understanding of regulatory compliance in fixed income.

Responsibilities

• Sell and trade illiquid distressed and high-yield fixed income securities.
• Engage in bankruptcy claims and non-performing loan transactions.
• Manage deals in leveraged finance and convertible bonds.
• Collaborate with research, settlement, and compliance teams.

Skills

Bankruptcy claims sales or trading

High yield (HY) emerging markets sales

Convertible bonds sales

Leveraged finance

Strong communication skills

Fluency in Italian

Job description

High Yield & Distressed Fixed Income Sales Sales & Trading

Location: London Hybrid / Office-based

Salary: per year depending on experience

An exceptional opportunity to join a dynamic investment boutique specialising in high-yield bonds distressed / defaulted debt and structured products.

Company Overview

This independent investment firm is a leading player in high-yield and distressed fixed income trading with a strong focus on sourcing illiquid securities in global distressed or bankruptcy situations. The team operates across multiple geographies making language skills and cross-border expertise a valuable asset.

Job Overview

This role is ideal for individuals with at least one year of experience in distressed debt leveraged finance or fixed income trading. You will work closely with multiple departments including research settlement and compliance while covering a range of fixed income products and debt-to-equity situations.

With an aggressive compensation package this position offers high-performing individuals the chance to thrive in a fast-paced high-calibre environment.

Heres What Youll Be Doing :

• Selling and trading illiquid distressed and high-yield fixed income securities.
• Engaging in bankruptcy claims distressed / defaulted debt or non-performing loan (NPL) transactions.
• Managing and originating deals in leveraged finance emerging markets and convertible bonds.
• Working closely with research settlement and compliance teams to ensure smooth execution.
• Developing relationships with institutional investors and key market participants.
• Identifying market opportunities and executing trades within the distressed and high-yield space.

Here Are The Skills Youll Need :

• Minimum of 1 year of experience in any of the following areas : bankruptcy claims distressed / defaulted debt sales or trading
• HY EM or convertible bonds sales trading or origination
• Leveraged finance / loans / NPLs sales trading origination or transactions
• Restructuring
• Strong ability to multi-task prioritise and deliver results in a high-pressure environment.
• Sound understanding of regulatory and compliance obligations in the fixed income space.
• Excellent communication skills with a sharp commercial mindset.
• Ability to work in a team-driven environment collaborating across departments.
• Fluency in Italian is a plus.

Work Permissions :

You must have the right to work in the United Kingdom. Visa sponsorship is not available at this time.

Here Are The Benefits Of This Job :

Competitive compensation with significant earning potential.

Exposure to a wide range of fixed income products and cross-border transactions.

A dynamic fast-paced trading environment with career progression opportunities.

Direct engagement with global institutional clients and key market players.

Hybrid work options with a mix of office-based collaboration and flexibility.

Salary: per year depending on experience.

Why Pursue A Career In Distressed & High-Yield Fixed Income Trading

This sector offers one of the most lucrative and intellectually stimulating career paths in finance. It combines strategic deal-making in-depth market analysis and high-stakes trading within a global environment. If you are driven analytical and thrive in a high-reward fast-moving industry this is the perfect role for you.