Vice President, Special Situations

Capstone • Washington, DC

4d • $130,000 - $170,000

About The Position

We are seeking an experienced and highly driven Vice President to join our Special Situations team. This individual will play a leadership role in originating, developing, and advancing differentiated investment insights across complex and event-driven areas including distressed and stressed credit, labor and telecom policy, and financially challenged municipalities.
The Vice President will partner closely with the team lead to shape high-conviction investment theses, provide strategic direction on research priorities, and serve as a senior thought leader across policy, regulatory, and credit-driven opportunities. This role requires both deep independent judgment and the ability to elevate the work of junior team members through mentorship and collaboration.
The ideal candidate brings a sophisticated understanding of how public policy and regulation intersect with credit markets, along with the credibility to engage directly with senior policymakers, regulators, industry executives, and institutional investors.

Requirements

• Proven ability to synthesize complex policy, regulatory, and credit issues into investment-relevant frameworks with clear risk/reward perspectives.
• Strategic and independent thinker with a track record of challenging consensus and developing differentiated or contrarian views.
• Strong executive presence and interpersonal skills, with demonstrated success engaging credibly with senior policymakers, regulators, and institutional investors.
• High degree of ownership, judgment, and autonomy, combined with a collaborative and team-oriented leadership style.
• Deep, sustained interest in the intersection of public policy, credit markets, and investing.
• Bachelor’s degree from a top-tier institution required; advanced degree (JD, MPP, MBA, or equivalent) strongly preferred.
• Minimum of 5–8 years of relevant experience in investment research, credit analysis, public policy, consulting, banking, or a related field.
• Exceptional writing and verbal communication skills, with the ability to influence senior audiences.
• Strong financial and analytical skills, including proficiency in Excel and data-driven analysis.
• U.S. citizenship or permanent residency required.

Responsibilities

• Lead the origination, development, and refinement of high-conviction investment theses grounded in rigorous policy, regulatory, and credit analysis.
• Drive primary research efforts, including cultivating and maintaining senior-level relationships with legislative, regulatory, and industry sources.
• Serve as a senior point of contact for monitoring and interpreting regulatory, legislative, and structural developments impacting distressed and special situations credit markets.
• Produce and oversee high-quality written research that delivers differentiated, actionable insights to institutional investors.
• Act as a strategic thought partner to portfolio managers, senior leadership, and external stakeholders by translating complex policy and credit dynamics into clear investment implications.
• Mentor and guide junior team members, setting analytical standards and fostering intellectual rigor across the team.
• Contribute to broader firm initiatives, including investor engagement, strategic planning, and cross-team collaboration.

Benefits

• Capstone offers a competitive benefits package, including health, vision, and dental insurance, paid vacation, travel stipend, and 401(k).
• The expected base compensation for this role is $130,000–$170,000 per annum, with eligibility to participate in Capstone’s annual bonus pool.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 51-100 employees