Covenant Analyst - Xtract

ION; London; Hybrid; USD 250,000 - 290,000; Full time

Job summary

An established industry player is looking for a skilled leveraged finance lawyer to join their team as a Covenant Analyst. This exciting role involves writing insightful reports that analyze high yield bond offerings and credit agreements, ensuring clarity for clients from various sectors. The position offers flexible working arrangements, allowing you to balance your professional and personal life effectively. By leveraging your legal expertise, you will contribute to a growing library of covenant primers and engage with clients to address their inquiries. If you have a strong background in leveraged finance and a passion for clear communication, this opportunity could be the perfect fit for you.

Qualifications

• Extensive experience in leveraged finance documentation is essential.
• Strong background in drafting and negotiating credit agreements.

Responsibilities

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

Skills

Attention to detail

Issue spotting

Clear writing skills

Ability to simplify legalese

Education

Law Degree

4+ years of Big Law experience

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.