Senior Covenant Lawyer - Distressed

Job Description

Job Description

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.

The Opportunity

9fin is looking for a senior covenant lawyer 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.

What you'll work on

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

About You

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

Our benefits

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)

Equity

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.