Distressed Debt - Idea Sourcing

About the role

We are partnered with a New York-based alternative investment manager to hire a senior, market-facing credit professional for its flagship global value credit strategy. The fund focuses on stressed, distressed, and special situations across leveraged finance and broader credit markets. This role sits at the intersection of markets, trading, and fundamental credit research, working closely with the Portfolio Manager and investment team. It is designed for a credit investor with strong street connectivity, market judgment, and idea-sourcing instincts, who enjoys being deeply embedded in real-time credit markets.

Responsibilities

• Act as a primary market interface with brokers, investment banks, and market participants
• Maintain an active network across the sell side and buyside (hedge funds, relative-value funds, credit specialists)
• Source, filter, and triage investment ideas across stressed, distressed, and idiosyncratic credit situations
• Provide the team with market color, including:
  • Flows, liquidity, and positioning
  • Trading dynamics and technicals
  • Creditor behavior, cooperatives, and evolving capital-structure situations
• Conduct ongoing diligence on credits being monitored, including situations initially passed on but that may re-price or evolve
• Work closely with the PM, traders, and research analysts to translate market intelligence into actionable investment opportunities

Requirements

• 5-10+ years of experience in credit markets
• Background from:
  • Buy-side credit investing and/or
  • Sell-side HY / leveraged loan / distressed trading
• Deep familiarity with high yield, leveraged loans, distressed credit, and special situations
• Strong, existing relationships with brokers and street desks
• Established buyside network spanning hedge funds and relative-value credit managers
• Solid financial modeling and analytical foundation
• Naturally inquisitive, commercially minded, and comfortable forming independent credit views
• Collaborative, detail-oriented, and able to operate in a fast-moving, team-based investment environment
• Excellent written and verbal communication skills