Distressed Products Group

Job Title: Trading Enabler, Distressed Products Group, VPLocation: Mumbai, IndiaRole DescriptionDPG is a specialised unit within DB's Global Credit Trading business. DPG is the pre-eminent market maker of securities across the globe engaged in the trading, investment, structuring and provision of new financing to performing and non-performing companies and markets. The desk primarily trades with large institutional investors. The traders are supported by an integrated desk analyst team which manages and analyzes risks and positions the desk well for client demand.Distressed Products Group makes markets in distressed bonds, distressed loans and par loans across all European markets. It also covers EM markets such as LatAm and Eastern Europe. The team is managed out of London and Frankfurt.The team also undertakes significant positioning alongside co-investors in active restructurings, insolvency situations, and strategic roles in formulating direction (debt for equity, conversions, rights issues, enforcements, inter-creditor negotiations, litigation, and operations).Analyst support is required for risk management and position-taking in a fast-evolving environment. The desk analyst is required to analyze the underlying businesses and structures, understanding valuation and prepare pitches, teasers, trade summaries etc. to help the traders take positions.The analyst will be expected to conduct extensive fundamental analysis and underwrite complex credit risk, incorporating technical and legal trade aspects, to give actionable trade recommendations to the trading team.What we will offer youAs part of our flexible scheme, here are just some of the benefits that you will enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveYour key responsibilitiesIdentification of dislocated / fundamentally-driven credit trading opportunitiesCredit analysis and cash flow modelling of potential or existing issuers / issuesCredit documentation analysisConstant monitoring and management of existing book positions to avoid being invested in positions where we see downside risk.Continuous internal communication to allow the team to manage risk in a timely and accurate fashionInteracting with legal advisors and financial advisorsExperience in distressed investing, comfort with insolvency and bankruptcy situations will be usefulYour skills and experienceExpecting 15+ years relevant experience - check out similar platforms with distressed experience, focusing on EMEA / US / Asia.Team player with strong communication skills and attention to detail.Strong academic background with MBA from a Tier 1 institute or a Chartered Accountant.Preference for candidates who understands fundamental credit analysis, specifically distressed debt market.Comfortable with analyzing legal documents, Facility Agreements, and conduct Covenant AnalysisStrong quantitative and analytical skills.Intellectually curious, and ready to work under pressure.How we will support youTraining and development to help you excel in your career.Coaching and support from experts in your team.A culture of continuous learning to aid progression.A range of flexible benefits that you can tailor to suit your needs.About us and our teamsPlease visit our company website for further information: 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