Senior Covenant Analyst - London

ION; London; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a Senior Covenant Analyst to join their dynamic team. In this role, you will leverage your expertise as a finance lawyer to write insightful reports on leveraged loan covenants and engage with clients to address their inquiries. The position offers flexible working arrangements, allowing you to balance your professional and personal life effectively. This is a fantastic opportunity to contribute to a forward-thinking organization renowned for its innovative approach in the financial technology sector, providing a platform for your skills to shine in a supportive and inclusive environment.

Qualifications

• 4+ years of experience in leveraged finance documentation.
• Expertise in drafting and reviewing credit agreements.

Responsibilities

• Write research reports on leveraged loan covenants.
• Answer client questions and meet tight deadlines.

Skills

Attention to detail

Issue spotting

Clear writing skills

Ability to simplify legal language

Education

Law Degree

Job description

The Role

Xtract Research is seeking a leveraged finance lawyer to join our team as a Senior 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.

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.