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Distressed Debt Jobs (NOW HIRING)

Octus

Credit Analyst

New York, NY · Hybrid

We are seeking analysts experienced with primary new loans and performing credit coverage, or distressed debt and restructuring coverage. The analysts will be responsible for publishing credit ...

BH Properties

Building Engineer

Houston, TX · On-site

... distressed debt and ground leases. The company vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas and Houston and is able to acquire and close ...

BH Properties

Building Engineer

Houston, TX · On-site

... distressed debt and ground leases. The company vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas and Houston and is able to acquire and close ...

BH Properties

Building Engineer

Dallas, TX · On-site

... distressed debt and ground leases. The company vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, Austin, and Houston and is able to acquire and ...

BH Properties

Paralegal

Los Angeles, CA · On-site

$80K - $110K/yr

... distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and can acquire and close ...

BH Properties

Paralegal

Los Angeles, CA · On-site

$80K - $110K/yr

... distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and can acquire and close ...

Fitch Group

Director, Senior Reporter, US

Manhattan, NY · On-site

$170K - $180K/yr

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 ...

9fin

CLO Data Journalist

New York, NY · On-site

$100K - $140K/yr

Monitoring markets - You'll expand your knowledge and connect the dots with the wider debt market to collaborate with colleagues across verticals in distressed debt, leveraged finance, and private ...

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All JobsDistressed Debt Jobs

Distressed Debt information

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$13

$33

$47

How much do distressed debt jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for distressed debt in the United States is $33.28, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $44.47 per hour, depending on experience, location, and employer.

What is the most stressful job in finance?

Distressed debt professionals often face high stress due to managing complex, high-stakes negotiations and tight deadlines in a volatile environment. The role requires strong analytical skills, resilience, and the ability to handle significant financial and reputational risks, making it one of the more demanding jobs in finance.

What are some common challenges faced by professionals working in distressed debt, and how can they effectively manage them?

Professionals in distressed debt often navigate complex financial restructuring situations, time-sensitive negotiations, and rapidly changing market conditions. A key challenge is analyzing incomplete or uncertain information to assess the true value of distressed assets. Effective management requires strong analytical skills, adaptability, and clear communication with legal teams, creditors, and company management. Building a solid network and staying updated on restructuring laws also greatly enhances success in this field.

What is distressed debt?

Distressed debt refers to the bonds or other types of debt instruments issued by companies or governments that are experiencing financial trouble or are in danger of defaulting on their obligations. Investors in distressed debt typically buy these securities at a significant discount and may hope to profit through restructuring, turnaround, or liquidation of the company. Specialists in distressed debt analyze the underlying assets, legal structure, and potential recovery value to assess investment risks and opportunities. This area requires strong financial analysis skills and knowledge of bankruptcy and restructuring processes.

What is the difference between Distressed Debt vs Credit Analyst?

AspectDistressed DebtCredit Analyst
Required credentialsFinance degree, CFA often preferredFinance, Economics degree, CFA common
Work environmentInvestment firms, hedge funds, distressed asset teamsBanks, lending institutions, corporations
Industry usageSpecializes in troubled assets, restructuringAssessing creditworthiness of borrowers

Distressed Debt professionals focus on investing in or managing troubled assets, often involving restructuring and high-risk strategies. Credit Analysts evaluate the creditworthiness of borrowers to determine lending risks. While both roles require financial analysis skills and relevant credentials, Distressed Debt roles are more specialized in distressed assets, whereas Credit Analysts work across a broader range of credit assessments.

How to get into distressed debt?

To enter distressed debt, candidates typically pursue a background in finance, investment banking, or credit analysis, often obtaining relevant certifications such as the CFA. Gaining experience in debt restructuring, credit analysis, or distressed asset management, along with strong analytical and negotiation skills, is essential for breaking into this specialized field.

How hard is it to get a hedge fund job?

Getting a distressed debt role at a hedge fund is highly competitive and typically requires strong financial modeling skills, relevant experience, and a solid educational background such as a degree in finance or economics. Candidates often need to demonstrate expertise in credit analysis, valuation, and deal sourcing, with many having prior experience at investment banks or asset management firms.

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

To thrive as a Distressed Debt Analyst, you need strong financial analysis, credit risk assessment, and valuation skills, often supported by a background in finance, economics, or accounting. Familiarity with financial modeling tools like Excel, Bloomberg terminals, and possibly the CFA certification is typically required. Outstanding analytical thinking, attention to detail, and effective communication skills set individuals apart in this role. These abilities are crucial for accurately evaluating distressed companies and making informed investment decisions in high-pressure environments.

What jobs make $1,000,000 a year?

In the field of distressed debt, senior investment professionals such as hedge fund managers, private equity partners, and high-level traders can earn $1,000,000 or more annually through bonuses, profit sharing, and management fees. These roles typically require extensive experience, strong financial analysis skills, and often involve managing large portfolios or funds. Compensation varies widely based on performance, firm size, and market conditions.
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Distressed Debt jobs near you
Infographic showing various Distressed Debt job openings in the United States as of July 2026, with employment types broken down into 92% Full Time, 7% Part Time, and 1% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $69,222 per year, or $33.3 per hour.

Credit Analyst

Octus

New York, NY • Hybrid

Other

Posted 28 days ago

Job description

We are looking for a credit analyst who is keen to work on the leverage loan situations across the credit lifecycle, mainly primary analysis of loans in the broadly syndicated loan market in the US. The analyst will be a part of a team of fourteen analysts covering both performing and distressed credits. 

We are seeking analysts experienced with primary new loans and performing credit coverage, or distressed debt and restructuring coverage. The analysts will be responsible for publishing credit research reports with actionable investment ideas, focusing on fundamental credit analysis, relative value analysis, and valuation. 

The role provides the opportunity to collaborate with our lawyers and other groups in generating cross-disciplinary research and analysis for our subscribers, which include top institutional asset managers, hedge funds, investment banks, trading desks, and financial and legal advisors. The role involves a high degree of client interaction. 

This position is based in New York City, with an in-office requirement of 3 days/week.

What we offer: 

  • Working with a team of experienced, passionate analysts who will use a team-wide collaborative approach to developing as corporate credit analysts
  • Fast growth environment with progression opportunities
  • Generous benefits packages 

Responsibilities 

  • Conduct fundamental credit analysis, relative value analysis and build forward looking credit models with an aim of producing actionable investment ideas for our subscribers
  • Prepare and write "deep dive" analysis on corporate loan issuers that include detailed discussions of key credit strengths, key credit risks, industry comparisons with publicly traded competitors, historical industry metrics, and historical transaction analysis of similar business for valuation analysis. 
  • As a member of the team, you will also be expected to maintain an active dialogue with team members and follow trends in various sectors that may be relevant for your next cases to analyze.
  • Over time, ensure coverage of a portfolio of performing leveraged loan borrowers across different stages of lifecycle and lead primary analysis work 

Requirements 

  • Minimum of 1+ years of credit research experience from buy side, sell side or rating agency, with significant time spent in either a client-facing or decision-making role
  • Experience should include financial analysis, building cash flow projections, and understanding capital structures
  • Possess very strong technical and analytical skills as well as excellent written and oral communication abilities. Extensive writing is required, and excellence in written communication is a critical prerequisite. Reports are typically 20-30 pages of detailed writing and analysis.
  • Familiarity with AI tools and an eagerness to learn
  • Fluency in Excel 

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 $80,000 - $100,000. This position is eligible for an annual discretionary bonus.

The actual compensation will be at Octus' sole discretion and will be determined by the aforementioned and other relevant factors.

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