Direct Lending Counsel

Long Ridge Partners; New York (NY); Presencial; USD 215.000 - 250.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical insurance

Vision insurance

401(k)

Pension plan

Descripción de la vacante

An established asset management firm in New York is seeking a Director for the Legal In-House Desk. The ideal candidate will provide legal advice on lower middle market non-sponsored lending transactions, requiring at least 5 years of experience in direct lending, either in-house or from a law firm. The role includes collaboration with various teams and managing outside counsel. Competitive compensation and a full-time employment structure are offered.

Formación

• 5+ years of experience in direct lending, preferably with a combination of in-house and BigLaw.
• Admitted to Practice in the State of New York or eligible to waive in.

Responsabilidades

• Provide legal advice on non-sponsored lending transactions.
• Advise on structuring and documentation of complex lending transactions.
• Manage risk and policy compliance across teams.

Conocimientos

Direct lending

Transaction negotiation

Legal documentation

Collaboration with external counsel

Educación

Juris Doctor (JD)

Descripción del empleo

2 hours ago Be among the first 25 applicants

This range is provided by Long Ridge Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$215,000.00/yr - $250,000.00/yr

Additional compensation types

Annual Bonus

Direct message the job poster from Long Ridge Partners

Director, Legal In-House Desk at Long Ridge Partners / Ex-Litigator

Our client is an established asset management firm in NYC. The firm is well-known and invests primarily in credit. The Attorney/Lawyer (Transaction Counsel) will work closely with the GC on all things related to Direct Lending.

Compensation will include base, cash bonus, and LTI in the funds in the form of carried interest.

Role:

• Provide legal advice and drive execution on lower middle market non-sponsored lending transactions in partnership with the Firm’s investment professionals and external law firms
• Advise on structuring, negotiation, and documentation of complex lending transactions and ensure that the documentation addresses key legal and business concerns.
• Deep understanding of mezzanine lending, unitranche lending, and other key hybrid loan structures.
• Quickly understand unique and diverse business models and commercially negotiate bespoke structures and legal solutions tailored to the Firm’s borrowers and strategy
• Provide legal guidance concerning amendments, waivers, term sheets, collateral packages, consents, and covenants review.
• Liaise with teams across the Firm, including Legal, Compliance, Operations, Finance, etc., to manage risk and policy compliance
• Manage and work alongside outside counsel to facilitate superior structuring and transaction documentation

Requirements:

• 5+ years of experience (JD 2020 +) professional experience in direct lending, lender's side would be ideal. A combination of in-house and BigLaw is ideal. Experience with middle-market transactions is ideal.
• Admitted to Practice in the State of New York or eligible to waive in

Seniority level

• Associate

Employment type

• Full-time

Job function

• Legal

Industries

• Staffing and Recruiting

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Pension plan

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