Covenant Analyst – Xtract

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.

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.

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