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Distressed Debt Trading Jobs (NOW HIRING)

Director, Senior Reporter, US

Manhattan, NY ยท Hybrid

$170K - $180K/yr

... and trading opportunities. Working at LevFin Insights provides a dynamic and engaging setting where team members delve into the world of distressed debt. We promote a culture of excellence and ...

Loan Operations Analyst

Wilmington, DE

$36K - $49K/yr

... Distressed, Par, and Near Par trades booked by our Trading Desk. As an Assistant Vice President ... As part of the restructuring process, you will help convert pre restructured debt into proceeds ...

Loan Closer

Manhattan, NY ยท On-site +1

$50 - $60/hr

Experience with distressed trading and settlements, bankruptcy reorganizations, and common debt amendments. * Experience interacting with brokers and securities counterparts Qualifications:

Loan Closer

Manhattan, NY ยท On-site +1

$50 - $60/hr

Experience with distressed trading and settlements, bankruptcy reorganizations, and common debt amendments. * Experience interacting with brokers and securities counterparts Qualifications:

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Showing results 1-20

Distressed Debt Trading information

See salary details

$49.5K

$82.7K

$137.5K

How much do distressed debt trading jobs pay per year?

As of Jun 11, 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
Infographic showing various Distressed Debt Trading job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, and 11% Part Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $82,712 per year, or $39.8 per hour.
Director, Senior Reporter, US

Director, Senior Reporter, US

Fitch Solutions

Manhattan, NY โ€ข Hybrid

$170K - $180K/yr

Other

Retirement

Posted 4 days ago


Job description

LevFin Insights, a Fitch Solutions Company, is currently seeking a Special Situations Senior Reporter/Editor based out of our New York office.

The LevFin Insights special situations team provides capital market news and commentary on actionable events within the corporate high yield bond and leveraged loan markets. With a sharp focus on companies that are battling financial distress, our coverage often hits on restructuring strategies, creditor negotiations, advisory mandates, bankruptcy proceedings, litigations, operational and financial performance, and trading opportunities.

Working at LevFin Insights provides a dynamic and engaging setting where team members delve into the world of distressed debt. We promote a culture of excellence and ongoing learning, making it an ideal environment for professionals passionate about finance and market analysis. With a focus on innovation and integrity, we empower our team to make a significant impact in the financial services industry.

We'll Count On You To:

  • Take on a player/coach role and mindset. You'll be leading by example through your active daily reporting while also devoting energy to developing other reporters through editing, workflow oversight and story guidance.
  • Lead newsroom efforts around story ideation and overall content strategy.
  • Take ownership of growth initiatives that will expand and sharpen coverage.
  • Leverage your existing network of corporate credit market sources to deliver exclusive, source-driven news and insight pieces.
  • Identify market trends and write timely insight pieces for a sophisticated audience of banks, asset managers and advisory firms.
  • Spearhead collaboration with complementary Fitch Solutions teams such as Covenant Review and CreditSights as we work toward team goals and further growth of LFI 's special situations platform.

What You Need To Have:

  • A drive to break news in a fast-paced environment.
  • Strong communication skills to drive internal collaboration and build external relationships across the capital markets arena.
  • Leadership experience.
  • Track record of success in high-pressure environments where multi-tasking is essential.
  • Accuracy, ability to meet deadlines and produce insightful stories.
  • Curiosity; high aptitude for critical thinking and willingness to dive deep into the details.
  • Extensive source network of corporate credit market contacts.
  • Expert knowledge of corporate credit markets, particularly distressed companies.
  • Proficiency with financial data.
  • 5+ years covering financial markets.

What Would Make You Stand Out:

  • Experience managing a team.
  • Editing experience.
  • General resourcefulness and street smarts.
  • History of uncovering important stories and scoops.
  • Knowledge of financial statements, SEC filings and legal documents.

Why Choose Fitch:ย 

  • Hybrid Work Environment: 2 to 3 days a week in office required based on your line of business and location
  • A Culture of Learning & Mobility: Dedicated trainings, leadership development and mentorship programs designed to ensure that your time at Fitch will be a continuous learning opportunity
  • Investing in Your Future: Retirement planning and tuition reimbursement programs that empower you to achieve your short and long-term goals
  • Promoting Health & Wellbeing: Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
  • Supportive Parenting Policies: Family-friendly policies, including a generous global parental leave plan, designed to help you balance career and family life effectively
  • Inclusive Work Environment: A collaborative workplaceย where all voices are valued, withย Employee Resource Groups that unite and empower our colleagues around the globe
  • Dedication to Giving Back: Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

FOR NEW YORK ROLES ONLY: Expected base pay rates for the role will be between $170,000 and $180,000 per year. Actual salaries will be determined on an individualized basis and may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors.ย  Base pay is one part of Fitch's total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, long-term incentives, and other benefits sponsored by Fitch.