Demo

Structured Credit/Direct Lending Attorney

WTECH Search
New York, NY Full Time
POSTED ON 1/26/2025
AVAILABLE BEFORE 4/24/2025

Role : Attorney, Credit Transactions (Vice President)

Firm : Specialty Finance, focused on structured credit and direct lending

Location : 3-4 days in Midtown, NYC

Description :

  • Ensure credit documentation reflect business agreements
  • Identify and resolve business and legal issues between term sheets and closings
  • Draft and negotiate term sheets and letters of intent for credit transactions
  • Oversee and conduct due diligence on borrowers
  • Direct and supervise external counsel in drafting transaction documentation and advise on legal aspects of transaction structures
  • Review and negotiate transaction documents for a variety of credit agreements, including asset-based warehouse credit facilities, term loans, forward flow receivables purchase facilities, and other debt financings
  • Drive credit transactions from term sheet to closing
  • Assist in the development and maintenance of standard legal documents, policies, and processes for credit transactions
  • Work on renewals, amendments, restructurings, and other modifications to existing credit facilities as required
  • Stay current with relevant laws, regulations, and trends affecting the specialty finance industry

Minimum Requirements :

  • 6 years of legal experience at an investment bank, law firm, or asset manager, with expertise in asset-backed lending, securitization, structured credit, and / or private credit transactions
  • Deal execution experience with credit transactions and / or securitizations
  • Significant experience in drafting and negotiating receivables-based loan agreements, security agreements, intercreditor agreements, and related documents
  • Knowledgeable of drivers behind asset-based credit transactions and securitizations, including advance rates, borrowing bases, performance triggers and bankruptcy-remote structures
  • Technical proficiency with secured lending transactions (UCC Article 9)
  • Excellent communication and negotiation skills
  • Qualifications :

  • Juris Doctor (J.D.) completed from an accredited law school
  • Licensed to practice law in the State of New York
  • Demonstrated expertise in asset-based lending, structured credit and / or private credit
  • High level of attention to detail, organizational skills, and ability to manage a high volume of work
  • A proactive, business-minded approach to legal practice
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