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Distressed Debt Trading Jobs (NOW HIRING)

Octus is seeking a Distressed Debt Analyst to join our team of experienced, successful and highly ... trading desks, financial advisors and law firms. This position is based in our New York City office.

Distressed Credit Analyst

New York, NY · On-site

$150K - $160K/yr

Role Octus is seeking a Distressed Debt Analyst to join our team of experienced, successful and ... trading desks, financial advisors and law firms. This position is based in our New York City office.

... or distressed debt and restructuring coverage. The analysts will be responsible for publishing ... trading desks, and financial and legal advisors. The role involves a high degree of client ...

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Distressed Debt Trading information

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$49.5K

$82.7K

$137.5K

How much do distressed debt trading jobs pay per year?

As of Jun 29, 2026, the average yearly pay for distressed debt trading in the United States is $82,712.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,000.00 and $99,000.00 per year, depending on experience, location, and employer.

What is the difference between Distressed Debt Trading vs Credit Analyst?

AspectDistressed Debt TradingCredit Analyst
Required CredentialsFinance degree, CFA often preferredFinance, Economics degree, CFA beneficial
Work EnvironmentFast-paced trading floors, investment firmsBanking institutions, corporate finance departments
Industry UsageInvestment banks, hedge funds, asset managersBanks, credit rating agencies, corporations
Common Search IntentTrading strategies, distressed debt opportunitiesCredit risk assessment, financial analysis

Distressed Debt Trading involves buying and selling debt of financially troubled companies, focusing on trading strategies and market timing. Credit Analysts evaluate the creditworthiness of borrowers, providing recommendations on lending or investment decisions. While both roles require financial analysis skills and relevant credentials, distressed debt traders are more market-focused, whereas credit analysts concentrate on credit risk assessment.

What are some common challenges faced by professionals in distressed debt trading, and how can they be managed?

Professionals in distressed debt trading often encounter challenges such as limited access to reliable information, rapidly changing market conditions, and complex legal or restructuring scenarios. Managing these challenges requires strong analytical skills, the ability to quickly assess risk, and close collaboration with legal and restructuring teams. Staying updated on industry news and building strong professional networks are also crucial to making informed decisions and identifying potential investment opportunities in a fast-paced environment.

What is distressed debt trading?

Distressed debt trading involves buying and selling the debt securities of companies or governments that are experiencing financial difficulty or are in default. Traders aim to purchase these securities at a significant discount, speculating that the value will increase if the issuer recovers or through restructuring processes. This type of trading requires in-depth analysis of financial statements, legal proceedings, and market conditions. It is considered high-risk but can offer substantial returns for those with expertise and proper risk management. Professionals in this field often work for investment banks, hedge funds, or specialized asset management firms.

What are the key skills and qualifications needed to thrive as a Distressed Debt Trader, and why are they important?

To thrive as a Distressed Debt Trader, you need a solid background in finance, strong analytical abilities, and expertise in credit analysis, often supported by a degree in finance or related certifications like the CFA. Familiarity with trading platforms, financial modeling software, and market data systems is essential. Exceptional negotiation skills, decisiveness, and resilience under pressure set top performers apart. These capabilities are crucial for making informed investment decisions, managing risk, and capitalizing on complex, high-stakes market opportunities.
More about Distressed Debt Trading jobs
What job categories do people searching Distressed Debt Trading jobs look for? The top searched job categories for Distressed Debt Trading jobs are:
Distressed Debt Trade Facilitation

Distressed Debt Trade Facilitation

Deutsche Bank

New York, NY • On-site

$110K - $125K/yr

Full-time

Medical, Retirement, PTO

Posted 17 days ago


Deutsche Bank rating

7.7

Company rating: 7.7 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

75th of 142 rated banks


Job description

Job Description:
Job Title Distressed Debt Trade Facilitation
Corporate Title Analyst
Location New York, NY
Overview
The Distressed Products Group sits within the Global Financing & Credit Trading business unit. The trading desk acts as a market maker in the full spectrum of distressed products & distressed situations (Debt, Equity, Loans, Derivatives etc.) to provide liquidity to our clients. You will hold the position of Distressed Debt Documentation and Trade Associate and will work closely with Traders, Desk Analysts, and Sourcers.
What We Offer You
  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift, and volunteer programs

What You'll Do
  • Review, understand, and comprehend complex salability language in credit agreements and restructuring documentation relating to transfer of debt from seller to buyer
  • Preparing and managing a variety of distressed debt transaction documents including, but not limited to, claim assignment agreements, LSTA standard documentation, stock purchase agreements, restructuring support agreements, and confidentiality agreements
  • Liaise with high profile clients and transfer agents to facilitate closing in a timely manner; work directly with the counterparty and funding teams
  • Work with trade assistants, loan operations and accounting to resolve any trade matters
  • Produce routine reporting packages for desk legal and trading; communicate with external counsel and advisors
  • Assist the Business's clients by managing Know-Your-Client and account opening requirements with appropriate governance and controls; coordinate with the Business, legal and compliance to implement and manage Deutsche Bank policies and procedures; support business platform through assisting with strategic initiatives

Skills You'll Need
  • Previous experience at a major corporation
  • Capable of working in a fast-paced environment where priorities may often shift
  • Ability to proactively manage multiple tasks at once, identify business issues, and communicate decisions effectively and clearly

Expectations
It is the Bank's expectation that employees hired into this role will work in the New York, NY office.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $110,000 to $125,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email HR.Direct@DB.com.
#LI-HYBRID
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank's Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.

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About Deutsche Bank

Sourced by ZipRecruiter

Deutsche Bank is the leading German bank with strong European roots and a global network. We're driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients' real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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