Location:
Milan, ItalyEmployment Type:
Full‐time (On‐site)Seniority:
Managing DirectorReports to:
Head of Institutional Sales
Focus:
High Yield · Stressed/Distressed · Special Situations · EM · Hybrids & Sub-FinsAbout Imperial CapitalImperial 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 hiringWe'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 doOwn 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 USEU execution from London & Milan.What you bringSell-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 & benefitsCompetitive 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 ImperialFlat 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 applySend 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.