LME Covenant Legal Analyst

About 9fin

The world's largest asset class, debt, operates with the worst data.

Technology has revolutionized equity markets with electronic trading, quant algos and instantaneous news. However, in debt capital markets, the picture is completely different. It still behaves like it’s in the 1980s; trillions of dollars of trades are placed over the phone, news is slow, and corporate credit information is imperfect and scattered.

Our mission is to change this.

9fin's proprietary technology delivers fast and comprehensive financial, credit, legal & ESG analysis. Our clients are able to make faster, more informed decisions, win more business and most importantly, save time.

Our fast growing list of clients include 9 of the top 10 Investment Banks, leading Asset Managers, Hedge Funds and Law Firms.

9fin is looking for a LME Legal Analyst with a deep knowledge of restructuring and liability management to grow our groundbreaking coverage of complex out-of-court restructurings with an emphasis on distressed coverage. The role will report into our New York office with flexibility to work from home / remotely as needed.

This role offers a unique opportunity for an experienced leveraged finance/restructuring lawyer to use their expertise within a rapidly growing start-up environment, with much greater work-life balance than can be found in a typical law firm environment.

Every day is different, but here’s an example of the kind of things you’ll work on:

• Reviewing leveraged finance and high yield documentation to produce commercially focused and insightful analysis on distressed scenarios and the primary market

• Writing topical reports on secondary situations, collaborating closely across 9fin’s team of lawyers and credit analysts

• Answering client questions about the covenant packages of specific borrowers and issuers

• Using 9fin’s proprietary technology to build and expand our restructuring and LME databases

• Delivering seminars, teach-ins and podcast segments as a subject matter expert

• Representing 9fin in the press and at industry conferences and events

This role will be a great fit if you have the following:

• JD with 5+ years of experience within a restructuring, special situations, and/or leveraged finance team at a top-tier law firm

• Experience drafting, reviewing and negotiating high yield bond and/or leveraged loan documents, restructuring support agreements, and Chapter 11 documentation

• Keen commercial awareness of leveraged finance and restructuring markets

• Strong technical understanding of how leveraged finance covenants and definitions operate

• Existing network of relationships within the leveraged finance community

• Excellent relationship building skills

• Effective written and verbal communication skills, able to explain complex covenant concepts to non-lawyers concisely

• Ability to work both independently and collaboratively

We’re a scaling start up and we enjoy sharing our success, when the company succeeds, we always reinvest that in our people. We also offer huge amounts of responsibility, an abundance of opportunity for growth and a platform to truly excel.

Financial & Insurance

• Competitive Salary: $250,000-$275,000 (our salary bands are benchmarked at 75-90th% of market)

• 401(k) (9fin pay 3%, employee contributions are uncapped)

• Private Health Insurance, with Dental and Vision

• Paid sick leave

• Disability Insurance (New York)

• Commuter Benefit

Time off

• 25 vacation days per year

• Local public holiday

• Hybrid working model, to allow you the flexibility to decide how, where and when you do your best work

• Work abroad for up to 3 months a year

• 1 month paid sabbatical after 5 years of service

• Enhanced parental leave & flexible working arrangements available

Training & Culture

• Professional learning and development budget

• Bi-annual team socials

• Summer and Winter company social events

9fin is an equal opportunities employer

At 9fin we are dedicated to building and promoting a fair and inclusive workplace where everyone can reach their full potential and truly belong. We recognize that building diverse teams enables a more creative and productive environment. If you’re excited about this role but your experience doesn’t perfectly align with the job description, we encourage you to apply anyway. You might just be who we’re looking for — either for this role, or perhaps another.