Distressed Debt Reporter

Octus

Octus is a leading global provider of credit intelligence, data, and analytics. Since 2013, tens of thousands of professionals across hedge fund, investment banking, management consulting, and law firm verticals have come to rely on Octus to make better, faster, and more confident decisions in pace with the fast-moving credit markets.
For more information, visit: https://octus.com/

Working at Octus

Octus hires growth-minded innovators and trailblazers across the globe to drive our business and culture. Our core values – Action Oriented, Customer First Mindset, Effective Team Players, and Driven to Excel – define an organizational ethos that’s as high-performing as it is human. Among other perks, Octus employees enjoy competitive health benefits, matched 401k and pension plans, PTO, generous parental leave, gym subsidies, educational reimbursements for career development, recognition programs, pet-friendly offices (US only), and much more. 

Role

We are hiring a Distressed Debt Reporter to join our team of experienced, successful and highly motivated individuals in New York. This reporter will be responsible for breaking news on corporate restructurings and will collaborate with a team of journalists as well as financial and legal analysts.

The reporter will primarily cover corporate credit, focus on leveraging market sources to identify companies with near-term restructuring triggers and those experiencing dislocation in the credit markets, while providing Octus subscribers with value-add intelligence on stressed and distressed situations, in-and out-of-court restructurings and post-reorg situations. Experience covering companies and credits associated with artificial intelligence, software and data centers is a plus.

This position is in our New York office and is in-person at least three days a week.

Responsibilities

• Break news on stressed and distressed debt borrowers across America


• Work closely with a team of journalists, financial analysts and legal analysts


• Develop and maintain contacts in the credit market as well as with financial advisors, investment bankers,restructuring lawyers, traders and opportunistic investors


• Identify market trends and write timely insightful pieces for a sophisticated readership 


• Attend relevant conferences and events

Requirements

• Motivated self-starter who thrives in a fast-paced environment


• Curiosity about corporate finance, bankruptcy law, and the professionals that drive the processes


• Strong communication skills to collaborate internally and build upon an already expansive source book


• Strong writing skills and attention to detail


• Familiarity with corporate financial statements a plus

At Octus, we consider a range of factors in connection with compensation decisions, including experience, skills, location, and our business needs and limitations. As a result, compensation may vary within and across similar roles and positions. Please note that the salary range information below is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels then the range listed below may reflect that breadth.

The salary range estimate for this position is $80,000 - $90,000. 

The actual compensation will be at Octus's sole discretion and will be determined by the aforementioned and other relevant factors. This position is eligible for an annual discretionary bonus.

Equal Employment Opportunity

Octus is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, pregnancy, veteran status, or any other legally protected status. We strive to create an inclusive and diverse work environment where all individuals are valued, respected, and treated fairly. We believe that diversity enriches our workplace and enhances our ability to innovate and succeed.