Covenant Analyst

Octus

$230K — $300K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years in leveraged finance focusing on leveraged loans/private debt from a top law firm
  • Exceptional legal technical skills with a knack for uncovering hidden insights in documentation
  • Strong commercial acumen for delivering clear and pragmatic legal analysis
  • Ability to multitask in a fast-paced environment and collaborate with diverse teams
  • Confident communicator with concise writing skills tailored for varied audiences
  • Proven record of producing high-quality analysis under tight deadlines
  • Qualified to practice New York law.

Responsibilities

  • Analyze credit agreements to identify loopholes and provide insights for capital markets
  • Break down complex documentation and summarize for diverse audiences
  • Answer queries regarding loan covenants and real-world implications
  • Engage with market participants through seminars, webinars, and podcasts
  • Utilize industry-leading databases for competitive advantage in insights
  • Collaborate with experts to produce top-tier covenant analysis and trendlines
  • Build relationships with clients and industry contacts
  • Represent the company at industry events and conferences.

Benefits

  • Unique opportunity to apply legal skills in an innovative way
  • High degree of autonomy and responsibility, shaping your role
  • Dynamic work environment with a high caliber team
  • Career growth opportunities within an agile global company
  • Chance to take initiative and create new content and features
  • Intellectually stimulating and collaborative work setting
  • Work-life balance with flexible remote and office work options
  • Regular engagement with leading finance professionals and institutions.
Full Job Description
Role

Octus' lawyers deliver trusted real-time legal insights in the debt markets. Our Global Covenants team is looking for an experienced leveraged loans lawyer in New York (with the option to work fully remote).

If you are commercially astute, creative, and want freedom to grow your career, join our unique trifecta of financial analysts, journalists, and lawyers to provide best-in-class credit intelligence around the world. You will be part of an adventurous, diverse, tech powered company with a rapid growth trajectory.

Key Responsibilities
  • Analyze credit agreements, identifying key loopholes and novel provisions, to provide actionable insights to the primary and secondary capital markets.
  • Break-down complex documentation and summarize it clearly and concisely for a diverse audience across the buy-side and the sell-side
  • Answer questions from leveraged finance market participants on loan covenants and their implications in real-world scenarios
  • Engage with market participants and build your profile through seminars, webinars and podcasts
  • Leverage Octus' industry-leading databases to provide our subscribers a competitive edge
  • Collaborate closely with other Octus experts to produce industry leading covenant analysis, generate data-backed trendlines, and develop Octus' products.
  • Build and nurture relationships with Octus clients and industry contacts.
  • Represent Octus at industry events and conferences, and in dealings with the press.

Requirements
  • 6+ years of experience working in leveraged finance, with a focus on leveraged loans/private debt in a top law firm
  • Exceptional legal technical skills with a passion for diving deep into documentation and the ability to uncover insights that others may miss
  • Strong commercial acumen with a desire to provide clear, pragmatic and actionable legal analysis
  • The ability to multitask and work both independently and as a team player in a fast-paced environment with people from varied professional backgrounds.
  • A confident communicator, who writes in a clear and concise manner for the intended audience.
  • A proven track record of delivering high quality analysis within deadlines
  • Qualified to practice New York law.

What we offer
  • A unique opportunity to use your legal skills in an innovative and exciting way.
  • A high (partner level) degree of responsibility, autonomy, and the opportunity to shape your role.
  • A dynamic environment, working closely with a high caliber team of lawyers, financial analysts, and journalists.
  • Opportunity for career growth and development within an agile, ever-evolving global company.
  • The opportunity to take initiative, be creative, and develop new content, products, and features that better serve our subscribers.
  • Intellectually stimulating work within a collaborative and diverse environment.
  • Work life balance and a fully flexible working model in which you decide when you want to work in the office and when you want to work remotely.
  • Regular interaction with asset managers, hedge funds, law firms, investment banks, and others in the leveraged finance world.


At Octus, we consider a range of factors in connection with compensation decisions, including experience, skills, location, and our business needs and limitations. As a result, compensation may vary within and across similar roles and positions. Please note that the salary range information below is a good faith estimate for this position and actual compensation for any individual may fall outside this range if warranted by the circumstances applicable to that individual. If we identify a role that would be suitable for a broader range of skills and experience such that we would consider hiring at multiple levels then the range listed below may reflect that breadth.

The salary range estimate for this position is $230,000 - $300,000.

The actual compensation will be at Octus' sole discretion and will be determined by the aforementioned and other relevant factors.

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