Associate - Financial Institutions (Structured Finance) - New York

McDermott Will & Schulte; New York (NY); On-site; USD 235,000 - 455,000; Full time

Benefits offered by this job

Competitive compensation

Top benefits

Award-winning professional development

Job summary

McDermott Will & Schulte LLP in New York seeks a Structured Finance Associate with at least 3 years of experience to join our team. The role supports sophisticated structured finance and securitization matters, with partner/client contact and responsibility on active transactions.

Candidates must have a J.D., admission to the New York Bar, and strong writing, coordination across deal teams, and the ability to manage multiple priorities.

Qualifications

• J.D. from an accredited law school.
• Admitted to the New York Bar (in good standing).
• At least 3 years of relevant experience at a large or global law firm in structured finance/securitization matters.
• Experience representing market participants such as issuers, sponsors, borrowers, and/or lenders in structured finance/securitization transactions.
• Excellent writing, communication, and analytical skills, plus strong judgment and the ability to manage multiple priorities and timelines.
• Strong academic credentials and a detail-oriented approach to drafting and deal execution.

Responsibilities

• Assist with structuring, negotiating, and documenting a wide range of structured finance/securitization transactions.
• Manage transaction execution and help drive matters from early-stage structuring through closing, coordinating workstreams and deliverables across deal teams.
• Assist with preparation and review of offering materials and disclosure documents.
• Collaborate with colleagues across practices to provide coordinated advice on complex financings.
• Supervise, mentor, and help train junior associates, as appropriate for level and deal teams.

Skills

Writing skills

Communication skills

Analytical skills

Time management

Education

J.D. from an accredited law school

Job description

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,700+ lawyers and 1,450 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work.

Here, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office.

With Us, You’ll Find

• A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself!
• Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.
• Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our McDermott Well program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.
• Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence

Job Description

McDermott Will & Schulte LLP is seeking a Structured Finance Associate with at least 3 years of experience to join our New York office. The role will support sophisticated structured finance and securitization matters, with meaningful opportunities for partner/client contact and responsibility on active transactions. Questions can be directed to Renee Richford, Talent Acquisition Manager, at [e-mail].

Key Responsibilities

• Assist with structuring, negotiating, and documenting a wide range of structured finance/securitization transactions (including, warehouse credit facilities, forward flow arrangements, with experience in esoteric assets a plus.
• Manage transaction execution and help drive matters from early-stage structuring through closing, coordinating workstreams and deliverables across deal teams.
• Assist with preparation and review of offering materials and disclosure documents (as applicable to the transaction).
• Collaborate with colleagues across practices to provide coordinated advice on complex financings.
• Supervise, mentor, and help train junior associates, as appropriate for level and deal teams.

Qualifications (Required)

• J.D. from an accredited law school.
• Admitted to the New York Bar (in good standing).
• At least 3 years of relevant experience at a large or global law firm (or comparable sophisticated practice) in structured finance/securitization matters.
• Experience representing market participants such as issuers, sponsors, borrowers, and/or lenders in structured finance/securitization transactions.
• Excellent writing, communication, and analytical skills, plus strong judgment and the ability to manage multiple priorities and timelines.
• Strong academic credentials and a detail-oriented approach to drafting and deal execution.

Experience (Helpful / Preferred)

• ABS, esoteric assets and consumer receivable financings.
• Warehouse facilities.

As part of our ongoing commitment to be #AlwaysBetter for our people, clients and communities, we have created a culture of belonging that champions your individuality as both a person and a professional. From our competitive compensation, top benefits and award-winning professional development programs to industry-leading wellness initiatives, we support you through every stage of your life and career. With McDermott, you can live a life you love both in and outside of the office.

Expected Pay Range for Associates: 2026/2025 Class Compensation Years: $235,000

2024 Class Compensation Years: $245,000

2023 Class Compensation Years: $270,000

2022 Class Compensation Years: $320,000

2021 Class Compensation Years: $385,000

2020 Class Compensation Years: $410,000

2019 Class Compensation Years: $440,000

2018 and more senior class compensation years: $455,000