Location: Milan, Italy
Employment Type: Full‑time (On‑site)
Seniority: Managing Director
Reports to: Head of Institutional Sales
✔ Focus: High Yield · Stressed/Distressed · Special Situations · EM · Hybrids & Sub-Fins
About Imperial Capital
Imperial Capital Group (Los Angeles, New York, London, Milan) provides institutional sales & trading, investment banking, capital markets, and restructuring advisory, specializing in complex and illiquid credit across the capital structure.
Why we’re hiring
We’re expanding senior sell-side coverage across priority regions to originate and execute in High Yield, stressed/distressed, EM and special situations —on a riskless-principal basis. This is not IG/rates and not a sales-trader role.
Product scope: stressed/distressed bonds & loans; EM/LATAM opportunities; AT1/CoCos, corporate hybrids ; senior & subordinated financials ; covered, core & peripheral SSA ; illiquids and selected ABS. Illustrative cases include legacy CS AT1 and select EM sovereign/corporate workouts (e.G., Venezuela/PDVSA, Argentina ) where permitted by applicable laws, sanctions, and internal policies.
We’re looking for seasoned producers who turn differentiated ideas into revenue and deepen Tier-1 buy-side relationships—executing strictly within our regulatory permissions and compliance standards.
Open roles (select your primary region)
We are hiring 3 Senior Institutional Credit Sales (MD, individual contributor) roles. Priority markets:
- Italy — Senior Sales covering Italy and Italian-speaking clients. - France / Francophone — Senior Sales covering France and other Francophone markets (e.G. Luxembourg) - Germany / German-speaking — Senior Sales covering Germany and other German-speaking markets (e.G. Austria).
Secondary expansion (optional add-on coverage): BENELUX and/or Nordics; CEE considered.
Location: All positions are based in Milan (hybrid). English language at professional level (C1+) is a must have while Italian language, even if not required for roles not covering Italian clients, is advantageous for on-site collaboration and considered a plus.
What you’ll do ✔
- Own senior client coverage in your region; maintain and expand a network of real-money, hedge funds, private banks, and family offices. - Originate & close across HY, stressed/distressed bonds & loans, post-reorg situations; deploy hybrids & sub-Fins when accretive. Not IG/rates. - Run your book : craft ideas with Trading & Research, set pricing, coordinate execution, and ensure clean, timely settlement— riskless-principal (this is not a sales-trader role). - Collaborate globally with colleagues in the UK/US to maximize cross-border idea flow and capital velocity.
The platform you’ll leverage ️
- Agency-based, client-first model designed to avoid conflicts; riskless-principal execution with seasoned legal & settlements support. - Deep distribution to global institutional investors; block-trade capability in liquid & illiquid securities. - Differentiated desk analysis focused on distressed & special sits; seamless US↔EU execution from London & Milan.
What you bring
- Sell-side prerequisite (broker-dealer / investment firm). Buy-side profiles are not in scope. - 5+ years as senior institutional credit sales ( exclude internship/analyst/associate years). - Portable, monetizable relationships in HY / stressed / distressed / special sits. - Languages: English at professional level (C1+). Plus one of Italian, French, or German aligned to your coverage. Italian is a plus for all roles (Milan base). Nordics/CEE languages are an advantage. - Results-driven, ethical, collaborative; strong compliance mindset.
Compensation & benefits
- Competitive base + high payout on gross commissions from day one. - Pension plan, professional & life insurance, private healthcare. - Relocation support and Italian in-patriate tax incentives where applicable. - Flexible/hybrid work, right-to-disconnect, additional leave; wellbeing & inclusion initiatives and a company welfare plan.
Why Imperial
- Flat structure, direct access to senior management; partnership with globalSales & Trading colleagues. - Entrepreneurial platform with the agility of a boutique and the reach of a global firm; credit-only focus on HY, stressed/distressed, and special situations. - Proprietary research and complex-settlement expertise; confidentiality respected (no client list requested until mutual interest).
How to apply
Send your CV right now and a brief note indicating your primary region, language coverage, and a concise presentation. Confidential conversations welcome.
Imperial Capital SIM is an equal‑opportunity employer; we welcome all qualified applications regardless of background or identity.
📌 Fixed Income Sales (Multiple Roles)
🏢 Jobtome
📍 Veneto