Distressed Products - Legal Analyst and Desk Execution

Position Overview

Job Title Distressed Products – Legal Analyst and Desk Execution

Location London

Corporate Title Vice President

The European Union (EU) Distressed Products trading desk (DPG) is the leading distressed franchise in Europe. It focuses on making markets, carrying inventory to meet client demand and special situation financing across a number of products issued by stressed or distressed issuers, or issuers in stressed or distressed industries. DPG typically trades with large institutional investors. Products traded include public and private corporate bonds (including convertible bonds), loans, private equity, options, warrants, restructured proceeds, trade and liquidation claims and non-performing loan portfolios.

Typical situations the group specialises in are deterioration in the credit quality of an issuer or industry; bankruptcies and liquidations; out of court financial restructurings (debt-to-debt and debt-to-equity exchanges) and debt or equity rescue or special situation financing.

In this role you are an integral part of the DPG investment process, you will sit on the trading floor and are required to work closely together with Traders, Credit Analysts, Desk Origination & Institutional Client Group (ICG) sales.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Responsible for primary ownership of the legal analysis, structuring, documentation and execution risk management of DPG credits/opportunities
• Identification of profitable business opportunities, for example based on rights/obligations of different stakeholders
• Management of DPG litigation (potential or actual), collaborating and working closely with external counsel and Deutsche Bank Legal
• Responsible for the day-to-day management of the settlement of trades in Europe and capture and assessment of open trade risk
• Interface between desk and Legal/Compliance internal function
• Contact point for offshore Loan operations closing teams

Your skills and experience

• Relevant post-qualification experience (PQE) with good experience in distressed products/ restructuring space
• Strong legal skills
• Strong analytical skills and judgment

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A range of flexible benefits that you can tailor to suit your needs
• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their  Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.