Special Situations & Distressed Debt Investment Associate

Alexander Chapman; United States; On-site; USD 90,000 - 130,000; Full time

Job summary

A leading investment firm is seeking a Special Situations & Distressed Debt Investment Associate based in New York City. The ideal candidate will have 1–3 years of experience in restructuring investment banking, expertise in distressed credit investing, and advanced financial modeling skills. Responsibilities include sourcing and underwriting investments, analyzing capital structures, and building complex financial models. This full-time position offers a dynamic work environment with significant interaction with senior investors.

Qualifications

• 1–3 years of full-time experience in finance.
• Deep understanding of capital structures, bankruptcy processes, and credit documentation.
• Track record of working on distressed situations and workouts.

Responsibilities

• Source and underwrite distressed and opportunistic investments.
• Analyze capital structures and legal documentation.
• Build complex financial models and recovery scenarios.
• Support portfolio monitoring and restructuring strategy.

Skills

Restructuring Investment Banking

Special situations / distressed credit investing

Advanced financial modeling skills

Analytical rigor

Commercial judgment

Job description

Special Situations & Distressed Debt Investment Associate

We are partnering with a top-tier, opportunistic investment firm based in New York City to identify a Special Situations / Distressed Debt Associate.

Qualifications

• 1–3 years of full-time experience
• Restructuring Investment Banking at top-tier investment banks
• Special situations / distressed credit investing at top-tier investment platforms
• Deep understanding of capital structures, bankruptcy processes, restructuring dynamics, and credit documentation
• Advanced financial modeling skills (3-statement, LBO, recovery, liquidation, restructuring scenarios)
• Track record of working on distressed situations, liability management, workouts, or fulcrum credit analysis
• Exceptional analytical rigor, commercial judgment, and intellectual intensity

Responsibilities

• Source, diligence, and underwrite distressed & opportunistic credit-focused investments
• Analyze capital structures, legal documentation, and debt instruments
• Build complex downside/upside case models, recovery scenarios, and valuation analyses
• Support IC memos, portfolio monitoring, and restructuring/workout strategy
• Collaborate directly with senior investors on live deal execution

Apply here directly for details. All outreach handled with strict confidentiality.

Seniority level

Associate

Employment type

Full-time