Covenant Analyst - Xtract

ION Group; London; On-site; USD 250,000 - 290,000; Full time

Job summary

An established industry player is on the lookout for a skilled leveraged finance lawyer to join their dynamic team as a Covenant Analyst. This role offers the chance to write insightful reports analyzing high yield bond offerings and credit agreements while engaging with a diverse client base, including hedge funds and banks. The company fosters a flexible work environment, promoting a healthy work-life balance, making it an ideal place for talented professionals seeking to thrive in the finance sector. Join a visionary group that values innovation and inclusivity, where your expertise will significantly impact the financial landscape.

Qualifications

• 4+ years of experience in leveraged finance law.
• Extensive experience drafting and reviewing finance documentation.

Responsibilities

• Write reports on leveraged loan covenants and market trends.
• Answer client questions and meet tight publication deadlines.

Skills

Attention to detail

Issue spotting

Clear writing skills

Understanding of legal terminology

Education

Law degree

Job description

The Role:

Xtract Research is seeking a leveraged finance lawyer to join our team as a Covenant Analyst. In this role you will write reports that summarize and analyze material terms in high yield bond offering memos and/or credit agreements related to leveraged loans. You will also answer questions from our clients – hedge funds, asset managers, banks, and law firms.

Attention to detail, issue spotting, clear, concise writing skills and the ability to make legalese understandable for non-lawyers are all important skills for this role.

Flexible working arrangements provide the right candidates with the opportunity to put their considerable skills to use while maintaining a work-life balance that can be hard to come by in a law firm setting.

Key Responsibilities

• Write research reports on leveraged loan covenants.
• Write event-driven research and reports on special situations as they develop in the market.
• Write research for our growing library of covenant primers.
• Write market leading reports that set the conversation on new trends and market developments.
• Answer client questions.
• Meet tight deadlines for publication.

Required Skills, Qualifications and Experience

• Finance lawyer with extensive experience drafting, negotiating, and reviewing leveraged finance documentation, including credit agreements and/or indentures.
• 4+ years of Big Law experience in leveraged finance.
• Deep understanding of the leveraged finance market and how covenants and financial definitions work in leveraged finance documents.

Estimated Salary Range

The estimated salary range is $250,000 - $290,000. Salary is negotiable depending on experience and skills.

About Us:

We’re a diverse group of visionary innovators who provide trading and workflow automation software, high-value analytics, and strategic consulting to corporations, central banks, financial institutions, and governments. Founded in 1999, we’ve achieved tremendous growth by bringing together some of the best and most successful financial technology companies in the world.

• Over 2,000 of the world’s leading corporations, including 50% of the Fortune 500 and 30% of the world’s central banks, trust ION solutions to manage their cash, in-house banking, commodity supply chain, trading and risk.

• Over 800 of the world’s leading banks and broker-dealers use our electronic trading platforms to operate the world’s financial market infrastructure.

ION is a rapidly expanding and dynamic group with 13,000 employees and offices in more than 40 cities around the globe.

Our ever-expanding global footprint, cutting edge products, and over 40,000 customers worldwide provide an unparalleled career experience for those who share our vision.

ION is committed to maintaining a supportive and inclusive environment for people with diverse backgrounds and experiences. We respect the varied identities, abilities, cultures, and traditions of the individuals who comprise our organization and recognize the value that different backgrounds and points of view bring to our business.

ION adheres to an equal employment opportunity policy that prohibits discriminatory practices or harassment against applicants or employees based on any legally impermissible factor.