Law Firm Associate - Asset-Based Lending or Leverage Finance Experienced

J.Sheppard Associates; New York (NY); On-site; USD 225,000 - 275,000; Full time

Benefits offered by this job

Annual Bonus

Robust Health Benefits

Job summary

An established industry player is seeking a talented Associate to join their Banking and Finance team. This role is perfect for someone with 2-4 years of experience in Asset-Based Lending, offering the chance to work on sophisticated financing matters in a collaborative environment. You will draft and negotiate complex loan agreements and provide guidance on ABL facilities, while also staying updated on legal developments. With a competitive salary and robust benefits, this is a fantastic opportunity for those looking to advance their legal careers in a dynamic setting.

Qualifications

• 2-4 years of experience in Asset-Based Lending at a law firm or financial services.
• Superior drafting, negotiation, and communication skills required.

Responsibilities

• Draft, review, and negotiate complex loan and security agreements.
• Conduct due diligence on collateral and borrower financials.
• Coordinate with clients and counsel for timely transaction closings.

Skills

Asset-Based Lending (ABL)

Drafting and Negotiation

Legal Research

Attention to Detail

Client Coordination

Regulatory Compliance

Education

Juris Doctor (JD) degree

Job description

Law Firm Associate - Asset-Based Lending or Leverage Finance Experienced

5 days ago Be among the first 25 applicants

Base pay range

$225,000.00/yr - $275,000.00/yr

Additional compensation types

Annual Bonus

Our client, a top-tier Banking and Finance team, is seeking a well-trained Associate with 2-to-4 years of experience in Asset-Based Lending (ABL) in a large law firm or a specialized financial services practice, to join their busy practice. The ideal candidate will have a strong background in representing financial institutions, private equity firms, and corporate borrowers in complex ABL transactions. This role offers the opportunity to work on sophisticated financing matters in a fast-paced and collaborative environment.

The ideal candidate will draft, review, and negotiate complex loan agreements, security agreements, intercreditor agreements, and other related documentation for asset-based lending transactions; advise clients on structuring and documenting ABL facilities, including revolving credit facilities, term loans, and multi-lender syndicated transactions; conduct thorough due diligence, including reviewing collateral packages, borrower financials, and other relevant documentation to assess risks and compliance.

The Associate will coordinate with clients, opposing counsel, and other stakeholders to ensure timely and efficient closings of transactions; provide guidance on perfection and enforcement of security interests in collateral, including inventory, receivables, equipment, intellectual property, and real estate; stay abreast of legal and regulatory developments impacting ABL, including UCC Article 9, bankruptcy laws, and other relevant statutes; assist in resolving disputes related to ABL agreements and enforcement actions when necessary.

Juris Doctor (JD) degree, admission to practice in NY required. Proven experience in managing multiple transactions simultaneously with attention to detail and efficiency required. Compensation includes a base salary ($225K-to-$275K) plus liberal hours-based bonus, robust health benefits and more. An ideal candidate will have superior drafting, negotiation, and communication skills as well as the ability to work independently and as part of a team in a fast-paced environment.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Legal
• Industries
• Law Practice