Job details

Covenant Analyst - Xtract

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.

ION Group Glassdoor Company Review

3.2

ION Group DE&I Review

No rating

CEO of ION Group

Andrea Pignataro

Approve of CEO

Average salary estimate

$270000 / YEARLY (est.)

min

max

$250000K

$290000K

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What You Should Know About Covenant Analyst - Xtract, ION Group

Join ION's vibrant team as a Covenant Analyst in New York! As a Covenant Analyst, you will delve deep into the world of leveraged finance by writing insightful reports that summarize and analyze material terms found in high-yield bond offering memos and credit agreements. Your expertise will be invaluable as you interact with a diverse clientele that includes hedge funds, asset managers, banks, and law firms. This role requires meticulous attention to detail and exceptional writing skills to distill complex legal language into clear guidance for non-lawyers. The flexibility of this position promises a work-life balance that is often sought after yet rarely found in traditional law firm environments. Day-to-day, you’ll craft event-driven research reports and contribute to our ever-growing library of covenant primers, always staying ahead of market trends. With a negotiable salary range of $250,000 to $290,000, this position not only offers financial rewards but also provides you the chance to work among visionary innovators in the financial technology space. If you possess over 4 years of Big Law experience in leveraged finance and a deep understanding of how covenants function within financial documents, we invite you to leverage your skills in a collaborative setting at ION, where diversity and inclusivity are at the core of our mission.

Frequently Asked Questions (FAQs) for Covenant Analyst - Xtract Role at ION Group

What are the responsibilities of a Covenant Analyst at ION?

As a Covenant Analyst at ION, your primary responsibilities will include writing detailed research reports on leveraged loan covenants, addressing client inquiries, and crafting event-driven reports on special market developments. You will also contribute to our library of covenant primers, ensuring that clients have access to relevant information in a fast-paced financial world.