Banking & Finance Associate

Herbert Smith Freehills Kramer LLP; City of Rochester (NY); On-site; USD 235,000 - 310,000; Full time

Job summary

Herbert Smith Freehills Kramer LLP in New York is seeking a Banking and Finance associate with 2–5 years of transactional lending experience, preferably leveraged lending. The role involves drafting and negotiating commitment papers, term sheets, credit agreements and security documents, with emphasis on direct lending or sponsor-side private equity matters.

Candidates must be admitted to the New York Bar. The salary range is $235,000–$310,000, with exact compensation based on skills and

Qualifications

• 2–5 years of transactional lending experience, preferably leveraged-lending.
• Experience drafting and negotiating commitment papers, term sheets, credit agreements and security documents.
• Preference for direct lending or private equity sponsor-side experience, or experience with banks and lending counsel.

Responsibilities

• Draft and negotiate commitment papers, term sheets, credit agreements and security documents for transactional lending deals.
• Support leveraged-lending and sponsor-side matters as needed.
• Collaborate with the Finance & Restructuring team to ensure compliance with applicable law and firm standards.

Job description

Overview

• The role focuses on transactional lending, with a preference for leveraged-lending matters.
• Responsibilities include drafting and negotiating commitment papers, term sheets, credit agreements, and security documents.
• The firm prefers candidates with experience in direct lending, private equity sponsor-side matters, or working for banks and lending counsel.

Posting details

The Opportunity

Our New York office is looking for a Banking and Finance associate with two to five years of experience in transactional lending, preferably leveraged-lending. The position will involve both drafting and negotiating commitment papers, terms sheets, credit agreements and security documents. Prior experience performing these duties is helpful. Preference for an associate that has direct lending or private equity sponsor-side experience, experience working for banks and lending counsel is also helpful. Applicants must be admitted to the New York Bar.

Compensation: Salary range is $235,000 – $310,000. Exact compensation may vary based on skills and experience.

Team

Finance & Restructuring

Working Pattern

Full time

Location

New York

Contract type

Permanent Contract

We are committed to attracting people from all backgrounds and creating a respectful and inclusive culture where everyone thrives. We see this as essential to our success, including our ability to innovate and achieve sustained high performance. This is a key part of our Values—Human, Bold, and Outstanding.

HerbertSmithFreehillsKramerisanequalopportunityemployer.Thefirmiscommittedtocreatingandmaintainingaworkplaceinwhichallemployeeshaveanopportunitytoparticipateandcontributetothesuccessofthebusinessandarevaluedfortheirskills,experience,anduniqueperspectives.Thefirmdoesnotdiscriminateonthebasisofrace,color,creed,religion,sex,nationalorigin,veteranstatus,mentalorphysicalhandicapordisability,age,citizenshipstatus,alienage,ancestry,maritalstatus,sexualorientation,genderidentity,orexpressionoranyothercriteriaprohibitedunderapplicablefederal,stateorlocallaw.