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 team as a Covenant Analyst. This exciting role involves writing insightful reports on high yield bond offering memos and credit agreements, while also addressing inquiries from clients such as hedge funds and banks. The position emphasizes the importance of attention to detail and the ability to communicate complex legal concepts in an understandable manner. With flexible working arrangements, this opportunity allows you to balance your professional and personal life effectively, making it an ideal choice for those seeking a rewarding career in finance law.

Qualifications

• 4+ years of Big Law experience in leveraged finance.
• Extensive experience drafting and negotiating finance documentation.

Responsibilities

• Write research reports on leveraged loan covenants.
• Produce event-driven research on market situations.

Skills

Attention to detail

Issue spotting

Clear writing skills

Legal analysis

Education

Law degree

Job description

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.

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.