Distressed Credit Strategist: Special Situations

Selby Jennings; Dallas (TX); On-site; USD 110,000 - 170,000; Full time

Job summary

Selby Jennings is seeking a Distressed Debt & Special Situations Credit Analyst for a Dallas-based investment platform. The role involves identifying, diligence, and underwriting opportunistic credit investments across capital structures in public and private markets.

You will work with experienced investors in a highly entrepreneurial environment, gaining exposure to distressed debt, stressed situations, special situations, high yield bonds, leveraged loans, and restructuring opportunities.

Qualifications

• 1–4 years of experience in investment banking or related fields.
• Strong financial modeling, accounting, and credit underwriting skills.
• Interest in distressed debt and event-driven investing.

Responsibilities

• Perform fundamental credit analysis across high yield, leveraged loan, distressed, and special situations investments.
• Develop and maintain primary coverage on a universe of issuers, monitoring performance, catalysts, and capital structure developments.
• Evaluate investment opportunities across stressed and distressed situations, including restructurings, liability management exercises, bankruptcies, and recapitalizations.
• Work directly with senior investors on both existing positions and new investment opportunities.
• Build detailed financial models, recovery analyses, and capital structure valuations.
• Generate differentiated investment ideas through deep fundamental research and relative value analysis.
• Conduct extensive due diligence, including management meetings, lender discussions, expert consultations, channel checks, and industry research.
• Utilize and help shape technology and AI-driven research tools to improve underwriting efficiency and investment decision-making.
• Collaborate across various investment strategies and asset classes within the broader investment platform.

Skills

Financial modeling

Credit underwriting

Fundamental analysis

Communication

Education

Bachelor's degree

Job description

Selby Jennings is seeking a Distressed Debt & Special Situations Credit Analyst for a Dallas-based investment platform. The role involves identifying, diligence, and underwriting opportunistic credit investments across capital structures in public and private markets.

You will work with experienced investors in a highly entrepreneurial environment, gaining exposure to distressed debt, stressed situations, special situations, high yield bonds, leveraged loans, and restructuring opportunities.