This Teir One bank is looking to bolster it's presence in the distressed debt market with a couple of tactical hires.
The main responsibility for this role will be providing analytical support to the distressed trading desk. This is not a publishing role.
Making long/short recommendations as a conclusion to in depth analysis and creating credit models will also be a day to day duty. A history in evaluating recoveries in a liquidation situation and restructuring will be essential.
The ideal candidate will have a proven track record in identifying undervalued or overvalued stressed or distressed situations, be able to convey these thoughts to a fast paced trading environment and have a passion for fundamental analysis.