Fixed Income Distressed Trading Analyst/Associate

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Jefferies
  • 22 Apr 19

Fixed Income Distressed Trading Analyst/Associate

Jefferies, the world's only independent full-service global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, and foreign exchange, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.

POSITION: The Fixed Income Distressed Trading desk is actively looking for a junior analyst or associate for our New York office to help support the Special Situations team. The candidate will be working closely with the Head of Distressed Trading and senior analysts and will learn technical and analytical skills to lead research on potential trading opportunities in loans and securities of stressed and distressed companies.

PRIMARY RESPONSIBILITIES: Significant responsibilities related to researching public and private companies and developing trade recommendations. These responsibilities will include the following:

  • Perform research and due diligence on public and private companies
  • Perform legal and investment analysis of debt documents
  • Work with a team to develop internal and external trade recommendations
  • Develop financial projections and prepare various valuation and financial analyses including discounted cash flow and comparable companies analyses
  • Work directly with senior analysts and traders on proprietary investments
  • Develop client relationships through investment recommendations

These responsibilities afford direct and active interaction with senior members of buy-side clients.




  • Either (i) a Master's in Business Administration and 1+ years of sell-side, buy-side or investment banking experience as an Associate or (ii) an undergraduate degree and 2+ years of sell-side or buy-side experience or 3+ years of investment banking experience
  • Strong technical, written and verbal communication skills
  • Detailed technical skills including valuation and modelling
  • Strong interest in the public markets and fixed income
  • Resourceful self-starter, able to work autonomously and as team player
  • Experience in fixed income is preferred

  • Bachelor's degree from an accredited college or university and at least 1 year of sell-side, buy-side or investment banking experience
  • Financial modeling coursework, training, or experience
  • Strong written and verbal communication skills
  • Strong interest in the public markets and fixed income