Full-Time

Covenants Lawyer

Posted on 8/4/2025

Octus

Octus

201-500 employees

Provides credit intelligence via data analytics

Compensation Overview

$250k - $315k/yr

+ Discretionary Bonus

New York, NY, USA

Remote

Ideal to be based in NYC area; fully flexible remote/work-from-home model.

Category
Legal & Compliance (1)
Requirements
  • Six plus years of experience working in debt finance, with a focus on high yield bonds and/or leveraged finance.
  • Commercially aware and able to analyze high yield and leveraged finance documents to provide actionable insights in a timely manner.
  • Able to multitask and work both independently and as a team player in a fast-paced environment with people from varied professional backgrounds.
  • Confident communicator who writes in a clear and concise manner for the intended audience.
  • Qualified to practice law in New York.
Responsibilities
  • Work with a team of experienced lawyers to provide actionable insights on high yield documentation and debt structures in the primary and secondary markets.
  • Prioritize day to day legal work on high yield and leveraged loans based on business needs and clients’ requests.
  • Provide real-time legal analysis on topical situations, and market alerts on covenant developments.
  • Expand, maintain, and harness the power of Octus’ industry-leading bond databases to provide subscribers with an edge through data-driven reports.
  • Collaborate closely with other Octus experts in the Americas and other regions to produce industry leading covenant analysis, generate data-backed trendlines, and develop Octus’ products.
  • Proactively generate new content for Octus’ clients through articles, market updates, webinars, and podcasts.
  • Actively cultivate relationships with Octus’ clients and industry contacts.
  • Represent Octus at industry events and conferences, and in dealings with the press.
Desired Qualifications
  • None

Octus provides a subscription-based platform that delivers credit intelligence and data analytics for professionals in leveraged finance and restructuring. The product works by combining an AI framework with human insights from financial analysts, legal experts, and journalists to track default risks and financial covenants. Unlike traditional data providers, Octus integrates environmental, social, and governance (ESG) principles and offers bespoke consulting to provide deeper context on sub-investment grade credit. The company's goal is to empower clients with actionable data and specialized research to help them mitigate financial risks and make informed investment decisions.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Expanded to 40,000+ professionals across financial institutions for upselling potential.
  • Vishal Saxena's Blackstone, S&P experience drives enterprise product scaling.
  • Private credit coverage captures growth from emerging asset managers.

What critics are saying

  • Reorg dominates distressed debt, erodes Octus share in 6-12 months.
  • Debtwire's real-time intel causes 20-30% client churn in 12-18 months.
  • EU AI Act Phase 3 in August 2026 fines Octus 6% revenue for CreditAI opacity.

What makes Octus unique

  • CreditAI, launched in 2023, delivers first client-facing GenAI for credit intelligence.
  • Proprietary data from public, private sources combined with human intelligence creates moats.
  • Unified platform spans credit lifecycle from origination to distressed debt.

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Benefits

Health Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Parental Leave

Gym Membership

Professional Development Budget

Remote Work Options

Flexible Work Hours

Company News

Yahoo Finance
Mar 17th, 2025
Icbc (Asia) Backs Hong Kong Developers With Stable Loan Support Amid Sector'S Challenges

ICBC (Asia) sees no undue risk in lending to Hong Kong's large property developers and will also continue to write home mortgages to support the sector's recovery, according to a senior executive. While acknowledging the headwinds in the city's property sector, such as the emergence of non-performing loans and lukewarm sales, Wang Zhiyong, head of the corporate banking department, said the sector was looking to stabilise amid government support and developers' initiatives to strengthen business. The Hong Kong subsidiary of mainland China's largest bank by total assets counts "leading" developers, including beleaguered New World Development (NWD), as its clients. Those developers were navigating the sector's challenges "relatively well", Wang said. "The loan quality is stable, and our willingness to lend is more about stabilising the existing quota," he added, playing down the possibility of a significant increase in exposure due to risk controls. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team

Yahoo Finance
Feb 19th, 2025
Credit Meets Ai: Octus Cto Vishal Saxena, Live At Nasdaq Marketsite

Tech Edge hosted a fireside chat on Feb. 14 at Nasdaq MarketSite with Vishal Saxena, Chief Technology Officer at Octus. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed CreditAI, the company’s AI solution for financial services, its recent innovations and enhancements for banks, asset managers and law firms, among other topics.Watch the interview below:About Vishal SaxenaVishal drives the global technology strategy at Octus with one goal: empowering teams to innovate at the highest level. With extensive software design and development experience from Canoe, Blackstone and S&P Capital IQ, Vishal is recognized for building high-performing, cross-functional teams that leverage innovative technology to transform the credit industry. He leads both engineering and technical product management teams, ensuring they have the tools and knowledge to stay ahead in a fast-evolving market. Armed with degrees from IIT Delhi, Georgia Tech and MIT, Vishal’s leadership keeps Octus at the forefront of innovation.In his spare time, Vishal enjoys spending time with his family, traveling to new places, watching movies, and playing chess with Magnus

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