Distressed Credit Research Analyst
Latham & Watkins
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • United States
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Salary
💰 $120,000 - $150,000 per year
Job Level
About the role
- Taking the lead in identifying and researching potential stressed targets in the relevant market
- Advising Restructuring and Special Situations (R&SS) partners on industry opportunities
- Monitoring the market to identify corporate distress and converting it into a pipeline of targets
- Preparing detailed internal credit analysis, including assessing liquidity, debt capacity, and financial and operating performance to evaluate company weaknesses and potential financing needs
- Developing workflows from ideation to marketing presentation, supported by credit reviews and go‑to‑market strategies for positioning R&SS opportunities
- Contributing to pitches through financial and commercial analysis of company situations
- Working closely with the Chair and Co‑Chairs of the R&SS practice, as well as R&SS partners, counsels, and associates
Requirements
- A minimum of one (1) year of experience in stressed or distressed debt or broader corporate credit analysis
- A bachelor’s degree or equivalent, preferably with a finance or economics component
Benefits
- Healthcare, life and disability insurance
- A generous 401k plan
- At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
- Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
- Professional development programs
- Employee discounts
- Affinity groups, networks, and coalitions for lawyers and staff
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
credit analysisfinancial analysisoperating performance assessmentliquidity assessmentdebt capacity evaluationgo-to-market strategiesworkflow developmentmarket researchcorporate distress identificationfinancial modeling
Soft Skills
leadershipadvisingcollaborationcommunicationanalytical thinkingproblem-solvingpresentation skillsstrategic thinkingattention to detailinterpersonal skills