US Credit VP/Director – Distressed & Special Situations

Confidential Careers; New York (NY); On-site; USD 150,000 - 230,000; Full time

Job summary

Confidential Careers represents a top hedge fund client seeking a US credit-focused investment professional to join its market-leading credit team. The role involves evaluating complex credit situations, sourcing, underwriting, and executing investments across the US credit universe, including high yield, stressed and distressed opportunities.

The preferred seniority is VP/Director, with the firm open to exceptional candidates across the seniority spectrum.

Qualifications

• Strong credit analytical capabilities and a track record in distressed and special situations investing.
• Experience across distressed credit, special situations, high yield, and opportunistic credit strategies.
• Ability to evaluate complex credit events and generate differentiated investment ideas.

Responsibilities

• Conduct detailed fundamental credit analysis across a diverse range of industries and issuers
• Build and maintain comprehensive financial models to evaluate investment opportunities, capital structures, recovery values, and downside scenarios
• Analyze restructuring situations, liability management exercises, exchange offers, bankruptcy proceedings, and other complex credit events
• Assess legal documentation, credit agreements, indentures, court filings, restructuring support agreements, and other transaction-related materials
• Develop investment theses through rigorous fundamental research, industry analysis, and company-specific due diligence
• Present investment recommendations to senior investment professionals and investment committees
• Monitor existing portfolio positions and evolving catalysts while identifying opportunities to add to, reduce, or exit investments
• Engage with management teams, advisors, creditors, restructuring professionals, and external counter parties as part of the investment process
• Evaluate relative value opportunities across bonds, loans, claims, and other securities within a given capital structure

Skills

Credit analysis

Financial modeling

Distressed & special situations

High yield

Sourcing & underwriting

Job description

Confidential Careers represents a top hedge fund client seeking a US credit-focused investment professional to join its market-leading credit team. The role involves evaluating complex credit situations, sourcing, underwriting, and executing investments across the US credit universe, including high yield, stressed and distressed opportunities.

The preferred seniority is VP/Director, with the firm open to exceptional candidates across the seniority spectrum.