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Distressed Debt Hedge Fund Jobs (NOW HIRING)

Octus

Distressed Credit Analyst

New York, NY · On-site

$150K - $160K/yr

Since 2013, tens of thousands of professionals across hedge fund, investment banking, management ... Role Octus is seeking a Distressed Debt Analyst to join our team of experienced, successful and ...

Northbound Search

Senior Tax Associate

Manhattan, NY

$12K - $225K/yr

... distressed debt securities. Job Responsibilities: * Review Private Equity funds * Plan and ... Significant tax compliance responsibilities for hedge fund and private equity funds Job ...

Octus

Distressed Credit Analyst

New York, NY

$150K - $160K/yr

Analysts will collaborate with our Distressed Debt Legal Analysts, Covenant Analysts and editorial staff to provide research and analysis directly to our subscribers, which include top hedge funds ...

Mariner Investment Group

... debt, futures, and swaps • 0-3 years of experience in hedge fund operations, accounting or administration • Bachelor's Degree in Accounting or Finance recommended • Strong knowledge of ...

Mariner Investment Group

... debt, futures, and swaps • 0-3 years of experience in hedge fund operations, accounting or administration • Bachelor's Degree in Accounting or Finance recommended • Strong knowledge of ...

Northbound Search

Bank Debt Operations

Manhattan, NY · On-site

$75K - $95K/yr

This position's primary responsibilities relate to monitoring and maintaining in team environment $10Bn Bank Debt portfolio which includes CLOs, long only, hedge fund type accts and separately ...

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All JobsDistressed Debt Hedge Fund Jobs

Distressed Debt Hedge Fund information

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$23.5K

$108.1K

$397.5K

How much do distressed debt hedge fund jobs pay per year?

As of Jul 29, 2026, the average yearly pay for distressed debt hedge fund in the United States is $108,138.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,500.00 and $109,500.00 per year, depending on experience, location, and employer.

What does a typical day look like for professionals working at a Distressed Debt Hedge Fund?

A typical day at a Distressed Debt Hedge Fund involves researching potential investment targets, modeling financial scenarios, and closely monitoring the news or legal updates related to portfolio companies. Professionals attend meetings with legal advisors, restructuring specialists, and company management teams to evaluate recovery prospects and formulate investment strategies. Collaboration is frequent, both internally with investment committee members and externally with advisors or other creditors. The fast-paced environment requires adaptability as opportunities and risks can evolve rapidly, making each day dynamic and intellectually engaging.

What are the key skills and qualifications needed to thrive in the Distressed Debt Hedge Fund position, and why are they important?

To thrive at a Distressed Debt Hedge Fund, professionals need strong analytical skills, deep knowledge of credit markets, and experience in financial modeling and valuation, often supported by degrees in finance or economics. Expertise with tools like Bloomberg, Excel, and specialized credit analysis platforms, as well as certifications such as the CFA, are highly valuable. Outstanding negotiation, teamwork, and communication skills are essential for working through complex transactions and collaborating with diverse stakeholders. These skills enable fund professionals to identify lucrative opportunities, mitigate risks, and execute successful investments in distressed assets.

What is the highest paying job in a hedge fund?

In a distressed debt hedge fund, the highest paying roles are typically senior portfolio managers and hedge fund partners, who earn substantial base salaries combined with performance-based bonuses that can reach millions of dollars annually. These positions require extensive experience, strong investment skills, and often a track record of successful distressed asset investments. Compensation varies based on fund size, performance, and individual expertise.

How difficult is it to get a job at a hedge fund?

Secured roles at distressed debt hedge funds are highly competitive, often requiring strong backgrounds in finance, accounting, or economics, along with relevant experience in credit analysis or trading. Candidates typically need advanced degrees such as an MBA or CFA certification and demonstrate quantitative skills, attention to detail, and the ability to work under pressure. Entry is often through internships or analyst programs, making networking and a solid track record important for breaking into the industry.

What is a Distressed Debt Hedge Fund job?

A Distressed Debt Hedge Fund job involves analyzing and investing in the debt of financially troubled or bankrupt companies. Professionals in this field assess company financials, legal proceedings, and market conditions to determine potential recovery values. Roles can include research analysts, portfolio managers, and traders, all working to capitalize on undervalued debt securities. The job requires expertise in credit analysis, restructuring, and legal aspects of distressed investing.

What do distressed debt hedge funds do?

Distressed debt hedge funds invest in the debt of companies experiencing financial difficulties or bankruptcy. They analyze distressed assets, often using financial modeling and restructuring strategies, to generate returns through debt recovery or asset liquidation. Professionals in this field typically require strong analytical skills and knowledge of bankruptcy law and credit markets.

What is the 20 20 rule for hedge funds?

The 20/20 rule in hedge funds refers to a guideline where investors aim for a 20% annual return while limiting losses to 20% of their investment. For distressed debt hedge fund professionals, understanding risk management strategies like this is essential to protect capital during volatile market conditions.
More about Distressed Debt Hedge Fund jobs
What cities are hiring for Distressed Debt Hedge Fund jobs? Cities with the most Distressed Debt Hedge Fund job openings:
What states have the most Distressed Debt Hedge Fund jobs? States with the most job openings for Distressed Debt Hedge Fund jobs include:
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Distressed Debt Hedge Fund jobs near you
Infographic showing various Distressed Debt Hedge Fund job openings in the United States as of July 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $108,138 per year, or $52 per hour.

Distressed Credit Analyst

Octus

New York, NY • On-site

$150K - $160K/yr

Full-time

Medical, Retirement, PTO

Re-posted 15 days ago

Job description

Octus
Octus is a leading global provider of credit intelligence, data, and analytics. Since 2013, tens of thousands of professionals across hedge fund, investment banking, management consulting, and law firm verticals have come to rely on Octus to make better, faster, and more confident decisions in pace with the fast-moving credit markets.
For more information, visit: https://octus.com/
Working at Octus
Octus hires growth-minded innovators and trailblazers across the globe to drive our business and culture. Our core values - Action Oriented, Customer First Mindset, Effective Team Players, and Driven to Excel - define an organizational ethos that's as high-performing as it is human. Among other perks, Octus employees enjoy competitive health benefits, matched 401k and pension plans, PTO, generous parental leave, gym subsidies, educational reimbursements for career development, recognition programs, and much more.
Role
Octus is seeking a Distressed Debt Analyst to join our team of experienced, successful and highly motivated individuals at one of New York City's fastest-growing and most successful fintech startups. The analyst will be an industry generalist, covering in-and out-of-court restructurings and stressed/distressed situations across various geographies. As a member of the team, the analyst will also develop story ideas for existing coverage and help shape future coverage.
Analysts will collaborate with our Distressed Debt Legal Analysts, Covenant Analysts and editorial staff to provide research and analysis directly to our subscribers, which include top hedge funds, investment banks, trading desks, financial advisors and law firms.
This position is based in our New York City office.
Responsibilities
  • Produce research reports and topical intelligence articles, including valuation and waterfall recovery models, for publication and distribution to our subscribers
  • Maintain active dialogue and cultivate relationships with subscribers and industry contacts to supplement coverage efforts, including idea sourcing
  • Direct exposure to portfolio managers at many of the top distressed hedge funds on a daily basis
  • Collaborate with top-tier Legal Analysts, Covenant Analysts, Distressed Reporters and our editorial team to cover topical distressed situations
  • Maintain coverage universe of 10-15 stressed and distressed credit situations
  • Follow industry and/or restructuring trends in the broader market to help guide coverage

Requirements
  • Minimum of 5+ years of investment banking, advisory, desk analyst and/or buyside experience of which 1+ years is specifically in the restructuring and/or distressed space with significant time in either a client-facing or decision-making role
  • Possess very strong technical and analytical skills as well as excellent written and oral communication abilities
  • Strong collaboration skills and ability to work effectively in a fast-paced, team-oriented environment
  • Must be authorized to work in the United States

At Octus, we consider a range of factors in connection with compensation decisions, including experience, skills, location, and our business needs and limitations. As a result, compensation may vary within and across similar roles and positions. Please note that the salary range information below is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels then the range listed below may reflect that breadth.
The base salary range estimate for this position is $150,000 - $160,000.
The actual compensation will be at Octus' sole discretion and will be determined by the aforementioned and other relevant factors. This position is eligible for an annual year-end performance bonus.
Equal Employment Opportunity
Octus is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, pregnancy, veteran status, or any other legally protected status. We strive to create an inclusive and diverse work environment where all individuals are valued, respected, and treated fairly. We believe that diversity enriches our workplace and enhances our ability to innovate and succeed.

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