LFRD Reporter

Overview of Duties and Requirements

LFRD service is a real time coverage of the global primary leveraged finance debt capital markets – also called part of the Broadly Syndicated Loans (BSL) market.

The LFRD method of delivery to the market reflects market convention, needs and aspects – essentially LFRD is expected to send out market transaction updates via the Bloomberg terminal and via email from the Loan Radar Administrator.

Like all Loan and Bond Radar Editorial Services, information delivered to paying Subscribers in a timely and accurate manner. Speed and accuracy are a necessity to fulfil contractual obligations.

Data on-selling is a growing product and sector for both Bond and Loan Radar. The opportunities are significant, and the Reporter will be expected to achieve and maintain high quality standards of delivery, including numerical integrity.

Training will be provided on both Loan and Leveraged Finance Radar. A core basic understanding of the broader of BSL markets is a necessity – this includes Syndicated Loans. In addition to LFRD, the reporter will receive Credit training from in able to broaden understanding and analysis of Credit Agency Reports and articles.

Attending Market Events is encouraged and will be expected. Representing the Company and its various (and growing) services is crucial. This will mean that the Reporter is fully engaged with colleagues and the market Stakeholders. Other events include those hosted by Lender Banks, Ratings Agencies, Law Firms, Bank Media parties, Regulatory events (LMA and ICMA). This aspect of the job will allow the Reporter to develop and grow their professional network of market participants – resulting in personal development and empowerment.

Additional learning is encouraged. Some course work will be discussed and assessed as necessary. This is learning is designed to broaden financial markets acumen and understanding, to facilitate the daily workflow. However, in the first six months, it is anticipated that the Reporter will focus purely on learning the LFRD service.

Duties on Leveraged Finance Radar – LFRD

• Live Deals. Critical and the most important of the real-time nature of the LFRD service. Transaction updates usually come in via the Lead Manager Banks direct to LFRD terminal and/or email. As soon as these are received, a two-step approach sees the incoming messages copied and sent on to subscribers via the LFRD Bloomberg terminal. This ensures immediate delivery to subscribers at their own Bloomberg terminal. Simultaneously, another LFRD team member will write up the transaction (in the current iteration as received in the message) in the Bond Radar style on the Loan Administrator, and then published on the web part of the service.
• Focus on HY market sector. Produce regular and frequent content, such as articles and features.
• League Tables Submissions. Similar requirements to Loan Radar above. The Reporter will be responsible for the day-to-day management of the LT folder and data input. The work will be shared with the rest of the LFRD team.
• Articles, Weekly Updates, Features and Quarterly Wraps. These duties have similar requirements as discussed in the Overview above.
• Contact List. This is an important ongoing requirement, which each LR team member contributes to as and when new contacts are made in the market. The reporter will be responsible for managing this list to achieve consistency.
• Meeting Market Participants. The Reporter will be encouraged to existing subscribers, most probably with one or both LFRD colleagues. The target audience for LFRD tends to focus on Banks but also crucially on the “buy-side”. This latter group is a growing segment of the market for leveraged finance. Great inroads have already been made by the company through a joint approach by business development, sales team, and the editorial staff (including management). Interactions with the buy-side will also broaden the Reporter’s understanding and appreciation of the workings of the leveraged finance market.

Your experience should include

• The ability to break news on the international capital markets and react promptly to delivering real time updates
• Strong writing skills
• Good understanding of the wider debt and financial markets
• Excellent networking and relationship building skills
• Strong communication skills and the ability to work in a team
• Attention to detail and accuracy
• Knowledge and experience of using Bloomberg

Hours of service

The Reporter will be required to work 8:00am - 4:00pm, in line with other Editorial desks (BR) and this also reflects the information flow in the international debt capital markets. Current hybrid setup is 4 days in the office and 1 day remote.

What we can offer you

• Competitive salary
• 25 days holiday + 8 bank holidays (a maximum of 5 days can be carried over each year)
• Employee perks and discounts via our HR System “CharlieHR”
• Learning and Development budgets tailored to your role
• Bond Radar Education (an opportunity to learn more about the Bond Markets)
• Regular team socials and an annual offsite (organised by our social committee)
• Quarterly marketing events through Events Radar (upcoming events can be found on Events Radar page)