Brokerage, Communication Skills, Consumer Loans, Contract Negotiation, Dodd Frank Act, Federal Laws and Regulations, Financial Services, Fixed Income Investments, Legal, Legal Support Skills, Litigation, Mortgage, Negotiation Skills, Presentation/Verbal Skills, Regulations, State Laws and Regulations, Team Player, Underwriting, Writing Skills
LOCATION
New York, NY
POSTED
6 days ago
The Senior Counsel will handle legal matters pertaining to structured products, securitizations (CLOs), and mortgage-backed securitizations (CMBS).
Client Details
Financial services institution.
Description
Role will report directly to the Deputy General Counsel and will handle the following:
Participation on Transaction Review Committee; review and negotiate engagement letters
Primary support for CLO deal team on approved transactions (manage external counsel, etc) and on ABS, CMBS transactions, some review of diligence files
Review term sheets & offering documents, note purchase agreements, placement agreements on transactions (144 A deals)
Provide legal support to loan trading business, specifically the negotiation of referral agreements and future development of loan trading capabilities
Provide negotiation of confidentiality agreements relating to loan trading business
Track regulatory developments/litigation/new legal issues having an effect on mortgage business
Profile
JD from top law school with excellent academic credentials and GPA
Admitted to NY State Bar
7+ years of experience, gained at a top law firm, in-house or combination thereof
Experience representing underwriters, issuers, sponsors and/ or managers in a wide range of CMBS, RMBS, CLO, consumer loans and other asset-backed financings, consisting of registered public offerings, exempt transactions and cross border offerings
Familiarity with broker-dealer regulation, Dodd Frank, Reg AB, CFPB, state and federal regulations impacting various fixed income and derivative products and asset classes (RMBS, CMBS, CLO, consumer loans, CDS, ABS, TRS, etc.).
Experience analyzing legal and regulatory issues in area of practice and provide effective counsel to clients on complex legal matters
Excellent written and verbal communication skills
Team player
Job Offer
Competitive base salary
Bonus
Additional benefits
Work/life balance
Hybrid role
Requirements
JD, top academic credentials/GPA, top law firm, NY Bar, 7+ years experience within financial services handling securitizations, structured products and CLOs