Director, Covenant Analyst

Fitch Group•New York, NY

6d•$250,000 - $275,000•Hybrid

About The Position

Covenant Review is seeking a Director—Covenant Analyst to join their market-leading leveraged finance intelligence team. This role involves producing insightful leveraged finance research for a broad spectrum of market participants and participating in thought leadership presentations on leveraged finance topics. The ideal candidate will have a keen eye for detail, strong issue-spotting abilities, expertise in transaction structuring and deconstruction, impeccable writing skills, and the ability to explain complex concepts to a diverse audience. A key skill is the ability to deconstruct complex issues or contract provisions and summarize them in written research and subscriber calls or presentations. Candidates should have deep familiarity with documentation concepts in the leveraged finance market. The compensation is competitive with in-house legal positions of similar seniority, offering fixed hours with no late-night or weekend work, and a hybrid working environment. Analysts benefit from working for Fitch Solutions, a leading financial information services company, within Covenant Review’s attorney-centric culture.

Requirements

Senior lawyer with extensive experience drafting, negotiating, and reviewing leveraged finance documentation, including credit agreements or indentures.
6+ years of Big Law experience in leveraged finance.
Comfortable participating in subscriber calls or presentations on thought leadership topics in the leveraged finance market.
Ability to communicate complex issues clearly and engage with sophisticated credit investors.
Deep understanding of the leveraged finance market and how covenants and financial definitions work in leveraged finance documents.

Nice To Haves

Experience in distressed debt and special situations analysis with leveraged finance documents governed by NY law.
Solid business acumen with commercial sensibilities.
Experience working on deadline.
Familiarity with AI research tools and a willingness to adapt to a shifting technological landscape.

Responsibilities

Write research reports on high yield bond and investment grade bond covenants, following a name from new issuance to bankruptcy.
Write event-driven research and reports on special situations as they develop in the market.
Write research for the growing library of covenant primers targeted at less sophisticated subscribers.
Write market-leading reports that set the conversation on new trends and market developments.
Participate in thought leadership presentations and webinars to subscribers and prospects to help the market understand complex concepts, recent case studies, or documentation trends, whether virtually or in person.
Engage with subscribers seeking clarification on research or discussing potential transactions.
Establish credibility in the market as a subject matter expert on leveraged finance.
Meet tight deadlines for publication.