Debt Covenant Review Attorney

Job Title: Debt Covenant Review Attorney
Job Location: New York City, NY (Hybrid)

Job Overview:
A well-established law firm is seeking a highly skilled Debt Covenant Review Attorney to join its Restructuring & Special Situations (R&SS) Practice Group. This position focuses on supporting pitch processes and capital structure reviews related to Liability Management transactions. The successful candidate will work alongside partners across R&SS, Banking, and Capital Markets practices to conduct in-depth analyses of credit agreements and indentures for companies requiring restructuring or liability management. This is a hybrid position located in New York City.

Duties:

• Prepare comprehensive reports summarizing capital and group structures of companies in need of debt or liability management and restructuring.
• Analyze a company’s ability to raise additional capital, identify areas of potential value leakage, and assess defensive actions by stakeholders.
• Evaluate potential restructuring processes and implications for director duties.
• Work with partners to identify and develop innovative liability management structures based on debt documentation.
• Present findings and investment opportunities to a global range of investors and corporate clients.
• Contribute ideas to market themes and participate in the development of new strategies.
• Safeguard sensitive, confidential, and proprietary information at all times.

Requirements:

• In-depth understanding of leveraged finance, capital markets, and restructuring documentation, particularly incurrence-based covenants in loan and high-yield products.
• At least 4 years of experience in a law firm, specializing in restructuring, leveraged finance, or capital markets.
• Familiarity with hybrid capital products, such as convertible bonds.
• Extensive knowledge of the finance and restructuring industry, with an understanding of cross-border transactions and loan/fund structures.
• Strong analytical and communication skills.

Education:

• Juris Doctor (JD) or equivalent degree.

Certifications:

• New York Bar membership required.

Skills:

• Expertise in drafting and analyzing legal documents related to debt and restructuring.
• Ability to work collaboratively with cross-functional teams in a fast-paced environment.
• Strong problem-solving and critical thinking abilities.

Job Location:

• New York City, NY (Hybrid working arrangement)

Benefits:

• Competitive compensation package, including bonuses based on individual and firm performance.
• Comprehensive health, life, and disability insurance coverage.
• 401(k) plan with employer contribution.
• Paid time off (PTO) program with 23 days of PTO in the first year, increasing with tenure, and 11 paid holidays per year.
• Well-being programs, including mental health support and mindfulness services.
• Employee discounts and various professional development programs.
• Participation in diversity and inclusion initiatives, including global affinity groups.

This large full service international law firm is devoted to providing legal representation of unparalleled quality to their clients and is now one of the world's largest and most successful law firms with nearly 1,000 lawyers. The New York Branchs attorneys have significant client relationships with nearly every investment bank on Wall Street. They offer competitive salaries and have corporate, finance and real estate, tax, environmental, litigation, and international areas of practice. Their work environment embraces the spirit of teamwork and attorneys have a common commitment to quality. Lawyers here are also active participants in local and national organizations committed to enhancing diversity in the legal profession and the business community.