Distressed Debt & High-Yield Analyst - Family Office

Distressed Debt & Special Situations Credit Analyst

Multi-Billion-Dollar Investment Firm | Dallas

A well-capitalized private investment platform with a long-term investment horizon is seeking a Distressed Debt & Special Situations Analyst to join its credit investing team. The firm invests across both public and private markets and is looking for an individual who can help identify, diligence, and underwrite opportunistic credit investments across the capital structure.

This is a unique opportunity to work alongside experienced investors in a highly entrepreneurial environment, gaining exposure to a broad range of credit strategies including distressed debt, stressed situations, special situations, high yield bonds, leveraged loans, and restructuring-driven opportunities.

The ideal candidate will come from a leading investment banking, restructuring advisory, leveraged finance, special situations, private credit, or hedge fund background and have a strong interest in fundamental credit investing.

Responsibilities

• Perform fundamental credit analysis across high yield, leveraged loan, distressed, and special situations investments.
• Develop and maintain primary coverage on a universe of issuers, monitoring performance, catalysts, and capital structure developments.
• Evaluate investment opportunities across stressed and distressed situations, including restructurings, liability management exercises, bankruptcies, and recapitalizations.
• Work directly with senior investors on both existing positions and new investment opportunities.
• Build detailed financial models, recovery analyses, and capital structure valuations.
• Generate differentiated investment ideas through deep fundamental research and relative value analysis.
• Conduct extensive due diligence, including management meetings, lender discussions, expert consultations, channel checks, and industry research.
• Utilize and help shape technology and AI-driven research tools to improve underwriting efficiency and investment decision-making.
• Collaborate across various investment strategies and asset classes within the broader investment platform.

Qualifications

• 1-4 years of experience in investment banking, restructuring advisory, leveraged finance, private credit, special situations investing, hedge funds, private equity, or management consulting.
• Restructuring, special situations, RX advisory, or leveraged finance experience is particularly attractive.
• Strong financial modeling, accounting, and credit underwriting skills.
• Demonstrated interest in distressed debt, event-driven investing, and credit markets.
• Ability to form independent investment views and communicate recommendations clearly.
• Bachelor's degree with a strong academic record.