Latham & Watkins, a global law firm consistently ranked among the top firms in the world, is currently seeking a Lead Distressed Debt Analyst to join our winning team, located in downtown Los Angeles. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest, creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect, innovation and collaboration.

As the global outbreak of COVID-19 continues to unfold, Latham has taken precautions to help protect our people, clients, and the communities where we live and work. This includes a temporary shift to remote working for the majority of our lawyers and staff. The Lead Distressed Debt Analyst will likely start remotely while the firm continues to evaluate the situation.

The Lead Distressed Debt Analyst  will receive a generous total compensation package. Bonuses are awarded in recognition of individual and firm performance. Eligible employees can participate in Latham's comprehensive benefit program including healthcare, life and disability insurance, flexible spending accounts, a 401k plan, and more! In addition, employees receive 10 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure.

As a Lead Distressed Debt Analyst at Latham, you will support the firm by using your experience with corporate distressed debt, high yield credit, and restructuring/special situations to play an integral part in supporting our rapidly growing Restructuring & Special Situations (RSS) Practice. Latham’s global RSS practice is recognized as one of the elite global practices for its robust capabilities and innovative counsel in representing corporations, banks, creditors’ committees, institutional and distressed investors and other parties on workouts, restructurings, and bankruptcy cases from middle market businesses to the largest multi-national enterprises.

Working closely with our RSS practice group leadership, you will lead the effort to identify and

monitor market opportunities including creditor and debtor-side restructurings, corporate opportunities

across stressed/distressed corporate bonds, high yield credit, and bank loans, and distressed

mergers & acquisitions. You will research, analyze, summarize key financial statistics, and

present findings related to these market opportunities to RSS leadership and proactively monitor the

portfolio of potential targets. Additionally, you will provide lead support on other financial

projects as requested by our RSS practice group leadership, while accomplishing these and other critical functions:

• Identifying, researching, analyzing, monitoring, and reporting on market opportunities for the RSS practice group. Developing client pursuit opportunities and targeting client list.
• Conducting research and keeping up to date on the macro and micro-economic developments across distressed industries that may impact target client list.
• Designing tailored research and analysis; determining the most appropriate and efficient methodology to source and compile quantitative and qualitative data.
• Building financial and statistical models; analyzing and interpreting insight gained from models to formulate a point of view on potential commercial opportunities for clients and the firm.
• Advising the team and internal stakeholders using the knowledge gained from this analysis and answer any questions that may arise regarding the data and/or analytical methods and assumptions used to build the work product.
• Producing client-ready presentations and effectively communicating analysis and work product to colleagues across the firm, including senior management of the firm and senior legal teams at external clients.
• Maintaining detailed records documenting procedures, methodologies, and sources of information employed while performing analytical tasks.
• Ensuring timely delivery of accurate and professional work product.
• Maintaining professional image within the Finance and Accounting department and projecting the same image to those outside the department.
• Promoting effective work practices, working as a team member, and showing respect for co-workers.
• Helping recruit, develop and mentor other analysts.

As a Lead Distressed Debt Analyst, you will be expected to apply your organizational and communication skills while displaying a positive, high-energy attitude. The successful Analyst must have demonstrated the ability to think creatively and provide strategic support to senior management, strong financial modeling, analytical, problem-solving, and communication skills. The successful candidate must exercise good judgment and communicate effectively. The Analyst must have possess strong project management skills with the ability to manage competing priorities, prioritize effectively, and handle multiple deadlines in a time-sensitive and high-pressure environment. The ideal candidate will have the ability to handle confidential and sensitive information with the appropriate discretion, and will be highly proficient in Microsoft Office, Bloomberg and CapIQ.

A Bachelor’s degree in Finance, Business Administration, Economics, Accounting, or a related field is required. Financial investment industry qualification (CFA) is a plus. A minimum of three (3) years of related analytical experience in finance, restructuring or distressed debt analysis is desired. Experience at a professional services organization is preferred.

Qualified candidates are encouraged to apply by clicking the ‘Apply Now’ link.

Latham & Watkins is an Equal Opportunity Employer. Our commitment to diversity, equal opportunity and sustainability enables Latham & Watkins to draw from a remarkable wealth of talent to create one of the world's leading law firms.

Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO)​.  Please click the link below to review the Ordinance.

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