Jobs · OTHR · New York

Distressed Debt Trade Facilitation

Deutsche Bank · New York, NY · 1 wk ago
HybridOTHR$110k–$125k/yrFull-time

Our 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 and situations (debt, equity, loans, derivatives, etc.) to provide liquidity to our clients.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • Hybrid working model with in-office and work-from-home flexibility, generous vacation, personal, and volunteer days
  • Employee Resource Groups that support an inclusive workplace 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

Responsibilities

  • Review, understand, and comprehend complex salability language in credit agreements and restructuring documentation relating to transfer of debt from seller to buyer
  • Prepare and manage a variety of distressed debt transaction documents including 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 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 the business platform through assisting with strategic initiatives

Requirements

  • 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

Pay

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 remuneration.

Benefits

  • Access to physical, emotional, and financial wellness benefits
  • Retirement savings plans
  • Parental leave and family-building benefits
  • Generous vacation, personal, and volunteer days
  • Hybrid working model with in-office and work-from-home flexibility

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.

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