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Distressed Debt Reporter

About 9fin

The world's largest asset class, debt, operates with the worst data.

Technology has revolutionized equity markets with electronic trading, quant algos and instantaneous news. However, in debt capital markets, the picture is completely different. It still behaves like it’s in the 1980s; trillions of dollars of trades are placed over the phone, news is slow, and corporate credit information is imperfect and scattered.

Our mission is to change this.

9fin's proprietary technology delivers fast and comprehensive financial, credit, legal & ESG analysis. Our clients are able to make faster, more informed decisions, win more business and most importantly, save time.

Our fast growing list of clients include 9 of the top 10 Investment Banks, leading Asset Managers, Hedge Funds and Law Firms.

What you’ll work on

Every day is different, but here’s an example of the kind of things you’ll work on:

  • Breaking news — You’ll regularly break stories on what’s going on in distressed debt, from deteriorating company earnings all the way through to messy out-of-court restructurings

  • Feature-writing — You’ll know when to pull the trigger on longer-form articles that connect the dots between daily news and broader market trends

  • Generating ideas — You’ll provide a consistent stream of new ideas, whether that’s identifying new situations to cover, or thinking up new ways to cover them

  • Monitoring markets — You’ll learn to harness our technology to identify new opportunities, ensuring that 9fin’s coverage of the distressed market is timely and comprehensive

About You

This role will be a great fit if you:

  • Experienced — At least a year covering financial markets, or has a strong desire to deliver actionable, proprietary news on troubled companies

  • Personable — Inquisitive and outgoing, always making new connections and sharing ideas

  • Organized — Able to maintain a deep network of sources, stay on top of story pipeline and deadlines

  • Communicative — Clear and concise in your written and verbal language, and able to explain complex ideas in simple terms

  • Judicious — Committed to providing detailed and accurate information, and able to strike the right balance between urgency and perfection

  • Driven — Endlessly curious, self-motivated, and passionate about doing a good job

Our benefits

We’re a scaling start up and we enjoy sharing our success, when the company succeeds, we always reinvest that in our people.  We also offer huge amounts of responsibility, an abundance of opportunity for growth and a platform to truly excel.


Financial & Insurance

  • Competitive Salary: $100,000-$110,000 per year 

  • Equity options

  • 401(k) (9fin pay 3%, employee contributions are uncapped)

  • Private Health Insurance, with Dental and Vision

  • Paid sick leave

  • Disability Insurance (New York)

  • Commuter Benefit

Time off 

  • 25 vacation days per year

  • Local public holidays

  • Hybrid working model, to allow you the flexibility to decide how, where and when you do your best work

  • Work abroad for up to 3 months a year

  • 1 month paid sabbatical after 5 years of service

  • Enhanced parental leave & flexible working arrangements available

Training & Culture 

  • Professional learning and development budget

  • Quarterly team socials

  • Summer and Winter company social events

9fin is an equal opportunities employer

At 9fin we are dedicated to building and promoting a fair and inclusive workplace where everyone can reach their full potential and truly belong. We recognize that building diverse teams enables a more creative and productive environment. If you’re excited about this role but your experience doesn’t perfectly align with the job description, we encourage you to apply anyway. You might just be who we’re looking for — either for this role, or perhaps another.

Average salary estimate

$105000 / YEARLY (est.)
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$110000K

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What You Should Know About Distressed Debt Reporter , 9fin

If you're a news junkie with a knack for financial reporting, 9fin in New York City has an exciting opportunity for you as a Distressed Debt Reporter. Here, your days will be filled with breaking news on the distressed debt market, which is often in dire need of a modern touch. With trillions in trades still being placed via old-school phone calls, the industry is ripe for disruption, and your role will be crucial in bringing it into the future. You'll dive into covering everything from declining corporate earnings to complex out-of-court restructurings. But it’s not just about reporting; you’ll engage in feature-writing that captures market trends and creates a narrative around the daily news. Your fresh ideas will spark new insights while your organizational skills will help manage deadlines and maintain a robust network of industry sources. At 9fin, we’re serious about providing timely, detailed, and accurate information in a fast-paced environment. If you're curious, driven, and have at least a year of experience in financial markets, this could be the perfect fit for you. Plus, you’ll enjoy a competitive salary, equity options, and a flexible hybrid working model. Our commitment is to grow together, ensuring you have a platform to excel while making meaningful contributions to a vital sector of finance.

Frequently Asked Questions (FAQs) for Distressed Debt Reporter Role at 9fin
What are the requirements to become a Distressed Debt Reporter at 9fin?

To step into the role of Distressed Debt Reporter at 9fin, you’ll need at least a year of experience covering financial markets or a strong desire to report on distressed companies. Effective communication, organization, and the drive to deliver actionable news are also critical. An inquisitive and outgoing personality will help you cultivate a robust network of sources, which is crucial for success in this fast-paced environment.

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What will my day-to-day responsibilities be as a Distressed Debt Reporter at 9fin?

As a Distressed Debt Reporter at 9fin, your responsibilities will vary daily. You’ll break stories about current events in distressed debt, write insightful feature articles, monitor market trends, and generate innovative article ideas. Additionally, you’ll utilize our technology to identify and report on emerging opportunities in the distress market, ensuring your coverage is both comprehensive and timely.

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What kind of work environment can I expect at 9fin as a Distressed Debt Reporter?

At 9fin, you’ll experience a dynamic and inclusive work environment designed for both personal and professional growth. The company operates on a hybrid working model giving you the flexibility to choose how and where you work best. We foster a culture of collaboration and innovation with ample opportunities for social engagement, training, and professional development.

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What skills will be beneficial for a Distressed Debt Reporter at 9fin?

Key skills for a Distressed Debt Reporter at 9fin include strong writing and communication abilities, particularly in breaking down complex financial concepts for a wider audience. Being organized and judicious in your reporting will also prove invaluable, as will having a relentless curiosity about the financial markets and the drive to pursue in-depth analysis.

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What benefits does 9fin offer to its Distressed Debt Reporters?

9fin offers a comprehensive benefits package to its Distressed Debt Reporters, including a competitive salary of $100,000-$110,000, equity options, and private health insurance with dental and vision coverage. Employees benefit from 25 vacation days, a 401(k) plan with company contributions, and a unique work abroad option. The company also encourages continuous learning and provides a professional development budget to ensure you grow in your career.

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Common Interview Questions for Distressed Debt Reporter
How do you approach breaking news in the distressed debt market?

When tackling breaking news in the distressed debt market, it's vital to stay connected with your sources and utilize real-time data tools. Be prepared to assess the situation quickly while ensuring accuracy and providing context. Show your interviewers that you can balance urgency with thorough reporting.

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Can you describe a time when your reporting uncovered critical financial information?

In your answer, you could highlight an instance where you identified a significant issue affecting a distressed company, detailing how you pursued the story, conducted interviews, and ensured your information was verified. This demonstrates your investigative skills and commitment to accurate reporting.

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How do you stay organized while managing multiple stories and sources?

Share the tools and strategies you use to keep organized—like maintaining a digital content calendar, utilizing tracking software, or regularly updating a source contact list. You can emphasize your systematic methods for managing timelines and ensuring you meet deadlines while developing a story.

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What trends do you think are shaping the distressed debt market currently?

Discuss specific trends you've noticed, such as economic shifts, changes in regulation, or the effects of global events on distressed companies. This shows your knowledge of the field and your ability to anticipate how these trends might evolve.

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How do you handle high-pressure situations when breaking financial news?

Explain your method for staying calm and focused during pressure-packed situations. Describe how you prioritize tasks, rely on your network for accurate information quickly, and ensure you maintain clarity and rigor in your reporting.

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What is your process for verifying the accuracy of your financial reports?

Demonstrate your commitment to factual integrity by discussing methods you'll employ, like cross-referencing with multiple credible sources, consulting industry experts, and utilizing verified financial databases to confirm the details.

Join Rise to see the full answer
How would you translate complex financial jargon for a general audience?

Provide a structure for breaking down complex topics: start with a straightforward summary, define key terms, and use relatable analogies. This showcases your ability to communicate effectively, making you an asset in market reporting.

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What motivates you in your work as a financial reporter?

Be sure to mention your passion for connecting readers with timely information, your excitement for unraveling complex financial stories, and your commitment to aiding clients in making informed decisions. Your enthusiasm can be a powerful motivator.

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Can you describe your writing style and how it suits financial reporting?

Consider explaining your approach—whether it's concise, engaging, or analytical—and provide examples of how your style has helped enhance reader understanding in previous roles or projects.

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Why do you want to join 9fin as a Distressed Debt Reporter?

Articulate your specific interest in 9fin’s mission to modernize the debt markets and your desire to contribute effectively. Mention the company’s innovative approach and its industry reputation, showing that you've researched and are aligned with their values.

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9fin uses artificial intelligence to automatically extract key information from bond & loan documentation. By making data easy to search, filter and analyse, 9fin helps fixed income professionals make... better, smarter decisions. Our predictive a...

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Full-time, hybrid
DATE POSTED
December 20, 2024

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