Investment Associate - Special Situations & Opportunistic Credit

Alexander Chapman Ltd; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Alexander Chapman Ltd. seeks an exceptional Investment Associate for its New York team, focusing on special situations and opportunistic credit investments. The role offers exposure to sourcing, evaluation, structuring, and ongoing management of diverse credit opportunities.

The ideal candidate has 2–4 years of investment banking experience, with a background in restructuring, LevFin, or credit-focused IB. Strong modeling and analytical capabilities are essential.

Qualifications

• The candidate has 2–4 years of investment banking experience from a leading global or elite boutique bank.
• Experience with restructuring / RX, leveraged finance / LevFin, or credit/distressed-focused IB is preferred.
• Strong financial modeling and ability to analyze complex capital structures.

Responsibilities

• Evaluate new investment opportunities across special situations and opportunistic credit.
• Build and review detailed financial models including downside, recovery, liquidity, and restructuring analyses.
• Analyze capital structures, credit agreements, leverage, liquidity, and enterprise value.
• Conduct company, industry, competitive, and situational research to form differentiated investment views.
• Prepare investment memoranda for internal discussions and support transaction execution.
• Monitor portfolio companies and assist in ongoing management of investments.

Skills

Financial modeling

Analytical skills

Underwriting

Investment analysis

Job description

A leading investment platform is seeking an exceptional Investment Associate to join its New York investment team, focused on special situations and opportunistic credit investing.

This is a compelling opportunity for an investment professional looking to move from a leading investment bank into a highly analytical, investment-driven environment where they will have meaningful exposure to complex situations, differentiated credit opportunities, and the full investment process.

The Opportunity

The Associate will work closely with senior investment professionals across the sourcing, evaluation, structuring, execution, and ongoing management of investments across the credit spectrum.

The strategy focuses on complex, event-driven and opportunistic situations, often involving businesses undergoing periods of financial or operational complexity. The role will provide significant exposure to situations where rigorous fundamental analysis, downside protection, creative structuring, and disciplined underwriting are critical.

Responsibilities will include:

• Evaluate new investment opportunities across special situations and opportunistic credit.
• Build and review detailed financial models, including downside, recovery, liquidity, and restructuring analyses.
• Analyze capital structures, credit agreements, leverage, liquidity, and enterprise value.
• Conduct company, industry, competitive, and situational research to develop differentiated investment views.
• Assess potential restructuring outcomes, recovery values, and risk-adjusted returns.
• Support transaction structuring, diligence, documentation, and execution.
• Work closely with senior investment professionals throughout the investment process.
• Monitor existing investments and developments across portfolio companies and credits.
• Prepare investment memoranda and materials for internal investment discussions.

Candidate Profile

The ideal candidate will have 2–4 years of investment banking experience from a leading global or elite boutique investment bank, with a background in:

• Restructuring / RX
• Leveraged Finance / LevFin
• Credit or distressed-focused investment banking

Candidates should have exceptional financial modeling and analytical capabilities, strong familiarity with complex capital structures, and a genuine interest in investing across special situations and opportunistic credit.

The successful candidate will be intellectually curious, highly analytical, commercially minded, and comfortable forming views on complex situations where the answer is rarely straightforward.