Managing Director, Head of Institutional Credit Sales High Yield
* Special Situations
* Distressed
* Hybrids & Sub‑Fins Base :
Milan, Italy Employment Type :
Full‑time (On‑site) Seniority :
Managing Director Reports to :
CEO of Europe Track :
Path to GM / CEO
About Imperial Capital Group Imperial Capital Group (Los Angeles, New York, London, Milan) provides institutional sales & trading, investment banking, capital markets, and restructuring advisory. Known for our entrepreneurial culture, differentiated research and deep distribution network, we specialise in complex and illiquid credit across the capital structure.
Why This Role, Why Now We are elevating our Continental European franchise and seek a Head of Institutional Sales to lead our fixed‑income distribution effort. We need an Italian‑speaking MD to
lead client coverage
and convert ideas into revenue. You will own the commercial growth strategy, build and mentor a high‑performing sales team, and leverage your portable client network to drive revenue across High Yield, Emerging Markets, Distressed & Special Situations, Structured Credit, Loans and Convertibles.
Your Mission: Commercial strategy & P / L ownership
Set the vision and go‑to‑market plan for European credit distribution; own revenue targets, pipeline and KPIs. Client origination
Leverage and expand your portable network of AMs, HFs, insurers, pensions, banks, PBs and family offices; ensure end‑to‑end coverage including fast‑money and special‑sits accounts in a riskless‑principal execution firm (no prop risk). Lead client coverage for Italy and Italian‑speaking markets, representing the firm. Team leadership
Recruit, coach and retain a diverse, high‑performance sales team; foster an inclusive, results‑driven environment; embed a culture of integrity, transparency and data‑driven decision‑making. Originate & close complex credit across HY, stressed / distressed bonds & loans and post‑reorg situations; use hybrids & sub‑Fins where appropriate. Deliver growth
Demonstrated success in achieving sales targets and driving business growth in institutional credit. Run your commercial book
Craft ideas with Trading & Research, set pricing, coordinate execution and ensure clean, timely settlement—without taking proprietary risk. Collaborate globally
Coordinate with colleagues across the globe; leverage London & US axes to maximise idea flow and capital velocity. Governance
Reporting directly to the CEO of Europe, this role foresees a potential path to General Manager / CEO registration once the platform scales. Regulatory & risk oversight
Ensure activities comply with MiFID II, AML and all other applicable European regulations; champion best‑in‑class conduct and governance.
The Platform You’ll Leverage ️ Agency‑based, client‑first model
1. designed to avoid conflicts;
riskless‑principal execution with seasoned legal & settlements support. Deep distribution
to thousands of global institutional investors and proven block‑trade capability in liquid & illiquid securities. Differentiated desk analysis
across the capital structure focused on distressed & special sits with cross‑border coverage. European footprint
in London and Milan for seamless USEU idea flow and execution.
You Bring Sell‑side experience is a prerequisite; buy‑side experience will not be considered at this time.
2. Background at a broker‑dealer or investment firm preferred;
investment banking
experience valued. 10+ years
in institutional credit sales
no IG and / or rates)
with at least
5 years
managing a team / desk. A
strong existing client network
and portable, monetisable relationships in
HY / stressed / distressed / special sits. Deep product expertise across HY, EM, distressed, special situations and structured credit (CLO, CDO, ABS) (IG / rates flow are not valued). Proven leader who builds collaborative, entrepreneurial teams and instils a high‑performance culture. Analytical thinker with exceptional communication and negotiation skills. Strong leadership, coaching and stakeholder‑management skills; unquestioned integrity. Fluent
English and Italian
required; additional European languages (German, French, Spanish) highly valued. Execution‑first, ethical and collaborative; proven coordination with traders, research and operations. Unquestionable integrity and commitment to compliance.
Compensation Competitive base salary and high payout on
gross
commissions from day one. Pension plan, professional and life insurance, private healthcare. Relocation support and Italian in‑patriate tax incentives where applicable. Work‑life tools such as flexible / hybrid work, right to disconnect, and additional leave provisions for specific family and health needs. Wellbeing & inclusion initiatives : support for caregivers and parents, learning & development, and a company welfare plan with meal allowances and mobility support.
The Imperial Edge High‑growth trajectory
Play a pivotal role in scaling our Continental European business. Flat structure & direct impact
Partner with senior leadership; your decisions directly shape strategy and P / L. Entrepreneurial platform
Operate with the agility of a boutique and the reach of a global firm. Proprietary research
Access our longstanding and renowned proprietary research. Credit‑only focus
HY, stressed / distressed and special situations. Distribution edge
Cross‑border access and complex‑settlement expertise. Flat, no‑politics culture
Confidentiality respected (no client list requested until mutual interest).
Ready to Own the Italian Tape? Send your CV right now. Confidential conversations welcome. Imperial Capital SIM is an equal‑opportunity employer; we welcome all qualified applications regardless of background or identity.
#J-18808-Ljbffr