Distressed and Special Situations Research Analyst / Associate
: Job Details :

Jefferies Financial Group Inc. ( Jefferies, we, us or our ) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

Group Description: The market for distressed debt and special situations has grown substantially with the rise in rates specifically in middle market sponsor deals. This to be a substantial market opportunity over the coming years to invest in and restructure over levered companies. The Distressed & Special Situations team is a principal-focused trading desk within Jefferies Fixed Income division. The team deploys the firm s capital for proprietary investment strategies and facilitates client transactions, investing in a broad array of products including corporate bonds, corporate loans, trade claims, post-reorg equities, litigation claims, structured products and public equities. The team seeks to actively participate in restructurings in order create a successful investment outcome where appropriate. This may include, joining/leading ad hoc groups, leading or participating in new money solutions and negotiating exchanges and/or restructures. The team has been together for 7 years and has a combined 100+years operating in the space.

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

• The candidate will be working closely with senior analysts to underwrite credits in order to take principal and trading positions across the capital structures as well as direct lending via the firm s balance sheet
• The candidate will learn technical and analytical skills to lead research on potential trading and investing opportunities, and will have significant exposure to clients, pitching ideas and partnering on investments
• Responsibilities include analyzing public and private companies for trade recommendations or capital solutions. Legal and investment analysis of court filings, debt documents, financial projections, and preparation of investment memos and other related materials

Qualifications:

• Undergraduate degree and 1-4 years of sell-side, buy-side or leveraged finance or restructuring investment banking experience
• Established technical skills including valuation and modelling combined with strong verbal and communication skills
• Detail oriented and strong organizational skills. Must have the ability to track, manage and prioritize multiple workstreams.
• Resourceful self-starter, able to work autonomously and as team player. Intellectually curious.
• Financial modeling experience including corporate, credit, and/or structured product analysis

Primary Location Full Time Salary Range of $100,000 - $150,000. The salary offered will take into consideration an individual s experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with qualified disabilities, as appropriate, under applicable law.

All employees must follow Jefferies COVID-19 policy, which is subject to change. Your acceptance of an offer means that you will comply with the COVID-19 policy. Jefferies expects that you will work in-person in the office on a schedule set by your manager or the firm.