Covenants Associate (Leveraged Finance) at Moody's in New York, New York

Posted in Accounting 2 days ago.

Type: Full Time





Job Description:

Experience Level: Experienced Hire

Categories:

  • Credit Analysis & Research

Location(s):

  • 7 World Trade Center, 250 Greenwich Street, New York, New York, 10007, US

At Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are-with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways.

If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.

We are hiring an Covenants Associate to join our Corporate Finance Group - Covenants Team in New York City!

The Covenants Associate will provide day-to-day support to the SVP - Head of Covenant Research and VP - Senior Covenant Officers in New York City by:

  • Drafting Covenant Quality Assessments, which provide a detailed analysis of the negative covenants and other significant investor protections in all material high yield bonds issued into the North American market (training will be provided on subject matter and process)

  • Supporting the senior team members in drafting topical and trends-related research on the high yield bond, leveraged loan and private credit markets

  • Maintaining the North American high yield bond covenant databases and assisting in the maintenance of the global covenant database

  • Preparing statistical graphs, tables, and spreadsheets to enable analysis of covenant trends, in conjunction with senior team members

  • Generating research slide decks for use in external and internal meetings

  • Being an active participant in ad hoc projects

  • Collaborating with global team members, as required

Note: Training on legal concepts will be provided and prior experience with the drafting and review of bond indentures and credit agreements is not necessary.

Qualifications:

  • Bachelor's degree (or higher) in finance, accounting, economics, or a related field of study

  • Proficiency in the Microsoft Office Suite (EXCEL, PowerPoint, WORD)

  • Comfortable working with complex data sets (i.e., accounting and statistics)

  • Proficiency with GenAI and other similar value-adding tools, and how to use them to effectively streamline processes, enhance decision-making, and drive project innovation

  • Strong written and verbal communication skills

  • Ability to work to tight deadlines and manage own workflow/priorities

  • Strong attention to detail, research and organizational skills

  • Familiarity with Bloomberg and FACTSET preferred

For US-based roles only: the anticipated hiring base salary range for this position is $78,500 - $113,750, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation. Moody's also offers a competitive benefits package, including not but limited to medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, a discounted employee stock purchase plan, and tuition reimbursement.

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender, age, religion, national origin, citizen status, marital status, physical or mental disability, military or veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Moody's also provides reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email accommodations@moodys.com. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications.

For San Francisco positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the San Francisco Fair Chance Ordinance.

This position may be considered a promotional opportunity, pursuant to the Colorado Equal Pay for Equal Work Act.

Click here to view our full EEO policy statement. Click here for more information on your EEO rights under the law. Click here to view our Pay Transparency Nondiscrimination statement. Click here to view our Notice to New York City Applicants.
Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.

For more information on the Securities Trading Program, please refer to the STP Quick Reference guide on ComplianceNet

Please note: STP categories are assigned by the hiring teams and are subject to change over the course of an employee's tenure with Moody's.



Moody's Corporation is a Government contractor subject to the Vietnam Era Veterans' Readjustment Assistance Act of 1974, as amended by the Jobs for Veterans Act of 2002, 38 U.S.C. 4212 (VEVRAA), which requires Government contractors to take affirmative action to employ and advance in employment: (1) disabled veterans; (2) recently separated veterans; (3) active duty wartime or campaign badge veterans; and (4) Armed Forces service medal veterans.


VEVRAA Federal Contractor


We Request Priority Protected Veteran and Disabled Referrals for all of our locations


Please contact Donna Hutchinson, Assistant Vice President, Talent Attraction for any questions regarding this listing.


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