??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 expandingsenior sell-side coverageacross priority regions to originate and execute inHigh Yield, stressed/distressed, EM and special situations—on ariskless-principalbasis.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;illiquidsand selectedABS.
Illustrative cases include legacyCS AT1andselect EM sovereign/corporate workouts(e.g.,Venezuela/PDVSA,Argentina)where permitted by applicable laws, sanctions, and internal policies.
We're looking forseasoned producerswho turn differentiated ideas into revenue and deepen Tier-1 buy-side relationships—executingstrictly within our regulatory permissionsand compliance standards.
Open roles (select your primary region) ??
We are hiring3 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 arebased 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 coveragein your region; maintain and expand a network of real-money, hedge funds, private banks, and family offices.
Originate & closeacross 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 isnota sales-trader role).
Collaborate globallywith colleagues in the UK/US to maximize cross-border idea flow and capital velocity.
The platform you'll leverage ???
Agency-based, client-first modeldesigned to avoid conflicts;riskless-principalexecution with seasoned legal & settlements support.
Deep distributionto global institutional investors; block-trade capability in liquid & illiquid securities.
Differentiated desk analysisfocused 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(excludeinternship/analyst/associate years).
Portable, monetizable relationshipsin HY / stressed / distressed / special sits.
Languages:English at professional level (C1+).
Plus one ofItalian, French, or Germanaligned 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 commissionsfrom day one.
Pension plan, professional & life insurance, private healthcare.
Relocation supportand Italianin-patriate tax incentiveswhere 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 global Sales & Trading colleagues.
Entrepreneurial platformwith the agility of a boutique and the reach of a global firm;credit-only focuson 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 yourprimary region,language coverage, and aconcise presentation.
Confidential conversations welcome.
Imperial Capital SIM is an equal-opportunity employer; we welcome all qualified applications regardless of background or identity.