About the Role:

Grade Level (for internal use):

Director - US Leveraged Finance

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.

Responsibilities 

• 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”.

Qualifications: 

• BA degree required; JD law degree with a solid academic record preferred.
• 5+ years of covenant research experience
• Experience in drafting and reviewing credit agreements in a law firm, or other firms that specialize in analyzing loan documentation.
• 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

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 S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI).  S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit www.spglobal.com/ratings

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for