Grade/Level ( relevant for internal applicants only ): 13
The Location: New York
The Team: The Leveraged Finance team is responsible for research and investor outreach on Leveraged markets including HY Bond Markets, Leveraged Loans and distressed credits. The team also handles all complicated recoveries, credit agreement and impact on recoveries and DIP ratings. Additionally, the team looks at private credit market and their performance. The team works closely with the CLO team on outreach as well as providing market insights, commentary, and research publications.
Analyze key terms and provisions in credit agreements, bond indentures and other forms of legal documentation in leveraged finance.
Drill down on provisions in loan documentation that could lend to novel "liability management transactions" such as priming, asset transfer, double dip etc
Train members of the S&P GAC team on key issues around loan documentation, covenants and work with them to extract and database critical provisions in loan documentation.
Work closely with corporate analysts to analyze special situations.
Help corporate analysts better understand and interpret complex legal provisions.
Author research reports on covenant trends, special situations and event driven issues.
Own database of companies, sponsor and legal entities engaged in "liability management".
JD law degree with a solid academic record
5+ years of experience in a law firm or other firms that specialize in analyzing loan documentation.
Experience in drafting and reviewing credit agreements.
Self-starter and high on initiative and problem solving.
The ability to think independently and critically, and the ability to mentor others.
Strong leadership, consultative, and relationship building abilities, coupled with strong influencing, negotiation, and communication skills required.
Ideal candidate will possess a legal background and solid analytical skills. Demonstrated ability to influence and collaborate across ratings and regions. Ability to author research; and Outreach skills
Return to Work Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $125,900 to $250,300 . Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan.
This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .
About Company Statement : S&P Global delivers essential intelligence that powers decision making. We provide the world's leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
S&P Global has a Securities Disclosure and Trading Policy ("the Policy") that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy's requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.