Bloomberg seeks a team leader for leveraged finance

Bloomberg News is seeking a dynamic team leader in New York to help spearhead its coverage of the leveraged finance and private credit markets.

Overseeing one of the most prominent beats in the newsroom, you will lead a talented team of reporters that breaks news on the riskiest markets in credit: Where private equity firms finance their buyouts, where Elon Musk funded much of Tesla’s growth and where a new crop of financial titans are emerging in the $1.7 trillion private credit industry.

As interest rates remain high, buyout firms are being forced to get creative to ease pressure on highly levered companies and to bolster returns to investors. They are also pitting Wall Street banks and direct lenders against each other to secure the most favorable terms in what some describe as a race to the bottom.

The successful candidate will be able to manage a wide range of stories, breaking news on the billions of dollars of leveraged loan, junk bond and private credit deals, while delving into some of the most opaque corners of Wall Street to shine a light on the firms and the people that are rewriting the rules of corporate debt financing.

We’re looking for a leader that can write for the market’s most sophisticated participants, producing work that powers some of the Terminal’s most important functions, as well as being able to explain the complexities to a broad audience. You need to be able to connect the dots to show the emerging risks and opportunities while unearthing stories on the winners and losers.

You’ll be a hands-on manager with exceptional news judgment and strong editing and writing skills, who thrives in a fast-paced environment and enjoys developing people to succeed.

The successful candidate will be:

– An emotionally intelligent leader who knows how to motivate and coach a large, diverse group of journalists

– Highly organized and versatile, with a demonstrated ability to delve into the most technical elements of a subject while also stepping back to explain complex markets

– Passionate about breaking big, high-impact stories and a self-starter who wants to be a subject matter expert

– Collaborative and eager to work with a broad range of teams in the newsroom

– Innovative and ambitious, continuously pushing the team to find better and faster ways to break news and offer deeper insights into the markets we cover

You’ll need to have:

– A bachelor’s degree or equivalent experience

– Deep experience in covering markets or finance

– The ability to excel in a fast-paced, breaking news environment and make sound news decisions quickly

– High-level editing skills and an ability to work across multiple platforms

Salary Range = 120000 – 160000 USD Annually + Benefits + Bonus

To apply, go here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.