The Xtract legal team delivers sophisticated legal analysis of leveraged loan and high yield bond covenants in an understandable manner. Our legal analysis allows credit investors to spot risks and make more informed investment decisions.
Writing new issuance reports on high yield bonds and leveraged loans, as well as special reports on special situations, distressed credits and covenant trends. Candidates should have at least 5 years of experience in a debt capital markets or debt finance group at a major law firm and have detailed experience of high yield bond and/or European leveraged loan covenants.
Reviewing and analysing new leveraged loans/high yield bonds, writing reports and commentary on them for timely delivery to Xtract clients
Dealing with client questions, either on specific individual reports or on general covenants/market trends
Required Skills, Qualifications, and Experience:
Proven Post-Qualification experience at a major law firm in debt capital markets or debt finance group
Full legal qualifications (English, New York or other similar common law jurisdiction, eg Australia)
Existing detailed knowledge of high yield bond and/or European leveraged loan documents and their covenants
Ability to absorb and analyse complex detail and to give clear and concise summaries/explanations, written and oral
First rate attention to detail and communication skills, oral and written
Keen interest in the debt finance markets and enthusiasm to be part of a business driving radical changes
It is anticipated that initially candidates may work from home. Over time they are likely to be part of an orderly move to safe office working at the firm’s premises in the City of London.
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.
With over 10,000 employees and offices in more than 40 cities around the globe, ION is a rapidly expanding and dynamic group.
At ION, we offer careers that provide many opportunities: To invent. To design. To collaborate. To build. To transform businesses and empower people around the world to do more, faster and better than before. Imagine what you can do and experience. This is where you can do your best work.