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- Tasks: Support PMs in processing distressed credit investments and corporate actions.
- Company: Dynamic alternative hedge fund in London’s West End.
- Benefits: Competitive salary, gym access, meals, and potential for permanent role.
- Why this job: Gain hands-on experience in distressed credit with exposure to front office investment teams.
- Qualifications: 3-8 years in distressed credit or bank loans; strong communication skills required.
- Other info: Fast-paced environment with opportunities for career growth.
The predicted salary is between 60000 - 66666 £ per year.
Location: London – West End
Contract: 4 months Fixed Term Contract with scope to review and convert into a permanent role (subject to budget, performance, review and approvals).
Working Model: 5 days in the office (this is a business-facing role, supporting PMs across Distressed Credit Loan Portfolio – Distressed Loans experience is a must).
Salary: £90,000 to £100,000 base salary + benefits (pro rata over 4 months)
Right to Work: Need full UK Right to Work (No Client Sponsorship is offered and need RTW until August 2026).
An established and growing alternative hedge fund is seeking a Distressed Credit Operations Analyst to join the team on a 4-month fixed-term contract in London. This is an opportunity to work alongside an experienced front office investment team focused on Distressed Credit / Bank Loans across European and global markets. Thus we need candidates with proven, recent and in-depth Private Credit, Bank Loans experience covering Distressed Bank Loans Documentation, Distressed Loan settlements, and processing bank loan corporate actions.
Key responsibilities include:
- Processing Distressed Bank Loans – trade documentation processing covering stressed and distressed issuers
- Accounting for capital structures, covenant packages and legal documentation and Bank Loans Settlements
- Covering Corporate Actions processing across Distressed Bank Loans
- Preparing investment committee materials and presenting investment
Desired Profile:
- 3–8 years' experience in Distressed Credit, Special Situations, restructuring loans, leveraged finance or credit-focused hedge fund
- Distressed Bank Loans Settlements and Distressed credit documentation and restructuring processes
- Experience analysing stressed European or US credits – please note we cannot consider par or secondary loans, must have Private Credit, Bank Loans
- Strong written and verbal communication skills
- Ability to operate in a fast-paced, high-conviction investment environment
Prerequisite Requirements:
- Immediate or short notice availability is a must – max 1 month notice
- Proven track record processing complex Distressed credit and distressed loans
- Commitment to be 5 days in the office
- Degree in Finance, Economics, Accounting or related discipline
The Opportunity:
- Exposure to Front Office PMs, Distressed Bank Loans
- 4-month Fixed Term Contract – with scope to review and update
- Pro Rata Salary - £90,000 to £100,000 base salary + benefits (include breakfast and lunch food, gym and other fringe benefits)
If you are an experienced Distressed Credit / Bank Loans Operations SME professional available for a 4-month contract and looking to join a dynamic alternative investment platform, we would welcome a confidential discussion and please do apply early to avoid disappointment.
Distressed Credit Operations Analyst – 4-Month Fixed Term Contract in London employer: Black Swan Group
Contact Detail:
Black Swan Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Distressed Credit Operations Analyst – 4-Month Fixed Term Contract in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and hedge fund sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its recent activities in distressed credit. Be ready to discuss your experience with distressed loans and how it relates to their operations. We want you to shine and show them why you’re the perfect fit!
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We recommend mentioning something specific from your conversation to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged. Let’s get you that Distressed Credit Operations Analyst role!
We think you need these skills to ace Distressed Credit Operations Analyst – 4-Month Fixed Term Contract in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Distressed Credit Operations Analyst role. Highlight your experience with distressed loans and any relevant documentation processes. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about distressed credit and how your skills align with our needs. Keep it concise but impactful – we love a good story that connects your experience to the role.
Showcase Relevant Experience: When filling out your application, be sure to showcase your experience in distressed bank loans and corporate actions. We’re keen on candidates who can demonstrate their understanding of complex credit situations, so don’t hold back!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, it helps us keep track of your application better!
How to prepare for a job interview at Black Swan Group
✨Know Your Distressed Credit Inside Out
Make sure you brush up on your knowledge of distressed credit and bank loans. Be prepared to discuss specific examples from your past experience, especially around documentation and settlements. This will show that you’re not just familiar with the terms but have hands-on experience.
✨Prepare for Technical Questions
Expect technical questions related to distressed loans and corporate actions. Review key concepts and be ready to explain your thought process when handling complex situations. Practising with a friend or mentor can help you articulate your answers clearly.
✨Showcase Your Communication Skills
Since this role involves supporting Portfolio Managers, strong communication is key. Prepare to demonstrate how you've effectively communicated complex information in the past. Think of examples where your communication made a difference in a project or situation.
✨Be Ready to Discuss Your Availability
Given the immediate need for this position, be clear about your availability. If you can start right away or within a month, make sure to highlight that during the interview. This shows your eagerness and readiness to jump into the role.