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Distressed Debt Trading Jobs (NOW HIRING)

Kovoro

Bankruptcy & Restructuring Attorney

Chicago, IL · On-site

$190 - $280/hr

You will also advise on out-of-court restructuring alternatives, distressed debt trading issues, and Section 363 asset sale processes. The practice offers the full spectrum of debtor and creditor ...

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Octus

Distressed Credit Analyst

New York, NY

$150K - $160K/yr

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.

Octus

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.

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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 Aug 21, 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 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?

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.

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 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.

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 Trading jobs near you
Infographic showing various Distressed Debt Trading job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $82,712 per year, or $39.8 per hour.

Senior Market Risk - Distressed Debt

Ashton Lane Group, Inc

New York, NY

Full-time

Re-posted 15 days ago

Job description

Senior Market Risk - Distressed Debt
 
Market risk leadership position supporting the credit trading/distressed team of an international investment bank
 
Responsibilities:
 
  • Effectively risk manage all relevant risk factors inherent to the trading of distressed instruments (market risk, legal risk, idiosyncratic and restructuring risk)
  • Conduct quantitative and qualitative risk analysis on distressed debt instruments both prior to and post trade execution
  • Provide recommendations and analysis on risk mitigation strategies
  • Proactively assess positions including deep dive investigations of large P&L and/or risk movements, and quantify existing and new risks while providing cogent commentary to senior stakeholders.
  • Assist in the definition, review and implementation of limits and ensure risk is well monitored and reported.
  • Participate in the development of new and enhanced risk tools
  • Perform impact analysis of new models including testing for valuation and risk across the HY book(s)
  • Develop and compute Stress‐test scenarios and analyze the results.
  • Ensure updated and relevant reserves and Prudent Valuation methodologies are in place.
     
    Requirements:
     
  • Relevant quantitative market risk management experience
  • Strong knowledge of fundamental credit analysis and/or financial modelling skills gained from prior experience within corporate credit analysis.
  • Strong knowledge of restructuring process and associated trading strategies
  • Understanding quantitative risk measures and related modeling / methodology
  • Ability to understand, identify, and communicate key risks associated with a variety of processes and transaction structures.
  • Experience in credit trading (High Yield Cash/CDS) preferred
  • Masters degree in a quantitative discipline (e.g., statistics, physics, math)
     
    For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com
     
    Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com
     
    Ashton Lane Group® “A trusted advisor throughout your career”