Director, Covenant Analyst

Fitch Group • New York, NY

5d • Hybrid

About The Position

Covenant Review is seeking a Director—Covenant Analyst based out of our New York office. This is an exciting opportunity to be a covenant analyst for our market-leading leveraged finance intelligence team at Covenant Review. We are seeking a seasoned leveraged finance lawyer to join our team. The role involves producing insightful leveraged finance research consumed by a broad spectrum of market participants and participating in thought leadership presentations on leveraged finance topics. Key skills include attention to detail, issue spotting, transaction structuring, transaction deconstruction, impeccable writing, and the ability to present and explain complex concepts. The core skill is deconstructing complex issues or contract provisions and summarizing 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. Analysts work fixed hours with no late night or weekend work in a hybrid environment. Analysts benefit from working for Fitch Solutions, a leading financial information services company, while being immersed in Covenant Review’s attorney-centric culture. CreditSights, a Fitch Solutions Company, offers award-winning research on global credit markets, empowering clients to make informed investment decisions. With offices globally, we serve a diverse institutional client base. As a leading voice in credit research, our insights are featured in top publications. CreditSights provides a dynamic environment fostering professional growth and innovation, where you collaborate with seasoned analysts to deliver critical intelligence in complex financial markets. Working at CreditSights offers the chance to be part of a premier independent credit research firm, renowned for its in-depth analysis and insights. You'll collaborate with a team of seasoned analysts, delivering critical intelligence that helps clients navigate complex financial markets. This dynamic environment encourages professional growth and innovation, enabling you to make a meaningful impact in the field of credit research.

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.
• Write event-driven research and reports on special situations as they develop in the market.
• Write research for our growing library of covenant primers targeted at our 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 our subscribers and prospects to help the market understand complex concepts, recent case studies, or documentation trends, whether virtually or in person.
• Engage with our subscribers as they seek clarification on our research or discuss potential transactions.
• Establish credibility in the market as a subject matter expert on leveraged finance.
• Meet tight deadlines for publication.

Benefits

• Retirement planning and tuition reimbursement programs
• Comprehensive healthcare offerings that enable physical, mental, financial, social, and occupational wellbeing
• Family-friendly policies, including a generous global parental leave plan
• Paid volunteer days, matched funding for donations and ample opportunities to volunteer in your community

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed