Fund Finance Associate Attorney

Lateral Link; New York (NY); On-site; USD 235,000 - 390,000; Full time

Job summary

Cravath, Swaine & Moore in New York seeks associates with 2–6 years of fund finance and related experience to draft complex credit documents and work on bespoke lender-side financings.

You will handle NAV facilities, asset-backed lending, and derivatives within fund structures, with real deal responsibility early in a fast-growing practice.

Qualifications

• 2–6 years of fund finance, secured lending, structured finance, or derivatives experience.
• Drafting credit agreements, security documents, and related deal papers on complex financings.
• Interest in structured, non-template work.
• New York bar admission or eligibility.

Responsibilities

• Draft credit agreements, security documents and related deal papers.
• Represent banks, lenders, and investment vehicles on bespoke fund financings.
• Work on NAV facilities, asset-backed and structured lending across fund structures.
• Handle derivatives and structured transactions layered onto fund financings.

Skills

Fund finance

Secured lending

Structured finance

Derivatives

Drafting docs

Education

New York Bar admission

Job description

NAV lending went from a niche product to the fastest-growing corner of fund finance in about three years, and the lender side associates who can paper a NAV facility from scratch are now scarcer than the deals.

A Global 100 firm with a market-leading fund finance practice is hiring associates (2–6 years) in New York. Cravath scale — $235K–$390K depending on class year.

You'd represent banks, alternative lenders, and investment vehicles on the lender side of highly structured, bespoke financings across asset classes — drafting the documents, not just running the checklist — in a group that's growing fast enough that mid-levels get real deal responsibility early.

The work includes:

• Subscription line and NAV facilities for private equity, credit, and secondaries funds
• Asset-backed and secured lending across a range of fund and portfolio structures
• Hybrid and bespoke facilities, including GP and management company financings
• Derivatives and structured transactions layered onto fund financings

What you bring:

• 2–6 years of fund finance, secured lending, structured finance, or derivatives experience
• Reps drafting credit agreements, security documents, and related deal documents on complex financings
• Real appetite for structured, non-template work
• New York bar admission or eligibility

What you get:

• A lender-side fund finance platform that keeps growing through the cycle, since sponsors need liquidity whether or not exits are happening
• A specialized, portable skill set with direct in-house paths at banks, credit funds, and secondaries managers
• Cravath scale ($235K–$390K depending on class year), plus bonus eligibility