Apr 03, 2026

Distressed Sell Side Analyst Desk/RX Banks Hiring For FT?

Hi, for context I am a student at a non target interning in a liquid credit role (IG stuff) this summer (third year). I am interested in distressed/opportunistic, cross cap-stack investing and was wondering what RX/sell side DD desks take analysts during full time as I think this would be the best place to start my career. I am a bit more familiar with RX but I was hoping to get a better sense of which banks have DD research analyst desks that hire FT? Thank you!  

7 Comments
 

Thank you, this is very helpful. I was wondering if you had any recommendations for how to be considered in these processes. Is it reaching out to analysts, HR, or more senior folk and trying to network or do you know if there is a formal process (and any timelines on this would be extremely helpful)? 

 

rowan_tepper

Thank you, this is very helpful. I was wondering if you had any recommendations for how to be considered in these processes. Is it reaching out to analysts, HR, or more senior folk and trying to network or do you know if there is a formal process (and any timelines on this would be extremely helpful)? 

Does your current summer internship give full time offers? If not do a good job and ask for referrals into those desks.

 

rowan_tepper

My understanding is that they do, so not sure how that would work for obvious reasons. 

That is a bit trickier then.  I mean you can also risk it and basically say hey I want to do something a bit further down the cap-stack.  People would get it but you risk not having any job at all. Depending also on which desk, alot of places don't set up super well to train people. 

 

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