Latham & Watkins is one of the world’s leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people, commitment to innovation, and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best, and work with the best, this is where you belong.The Tactical Opportunities Distressed Credit Research Analyst is an integral part of Latham’s Financial Accounting team. This role will be responsible for taking the lead in identifying and researching potential stressed targets in the relevant market and advising Restructuring and Special Situations (R&SS) partners on industry opportunities, while monitoring the market to identify corporate distress and converting it into a pipeline of targets with broad coverage across sectors, jurisdictions, and company size, with areas of focus when building the pipeline including maturity profiles, capital needs, company‑ and sector‑specific stress, and advisory representation. This role will be located in our New Yorkoffice. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.Other key responsibilities include:Preparing detailed internal credit analysis, including assessing liquidity, debt capacity, and financial and operating performance to evaluate company weaknesses and potential financing needsDeveloping workflows from ideation to marketing presentation, supported by credit reviews and go‑to‑market strategies for positioning R&SS opportunitiesContributing to pitches through financial and commercial analysis of company situationsWorking closely with the Chair and Co‑Chairs of the R&SS practice, as well as R&SS partners, counsels, and associatesPromoting effective work practices by working as a team member and demonstrating respect for coworkersProtecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retainsWe’d love to hear from you if you:Exhibit strong teamwork and collaborative skills and the ability to foster those skillsDemonstrate strong written and oral communication skillsPossess strong analytical and problem‑solving skillsAnd have:A bachelor’s degree or equivalent, preferably with a finance or economics componentA minimum of one (1) year of experience in stressed or distressed debt or broader corporate credit analysisSuccessful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:Healthcare, life and disability insuranceA generous 401k planAt least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenureWell-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more) Professional development programsEmployee discountsAffinity groups, networks, and coalitions for lawyers and staffLatham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute.Please click here to view the full job description for this role.Please click here to review your rights under U.S. employment laws. #EntryLevel#LI-BW1USD $120,000.00 - USD $150,000.00 /Yr.
Job Title
Tactical Opportunities Distressed Credit Research Analyst