Lawyer, Derivatives

Nearwater Capital, LLC; New York (NY); On-site; USD 200,000 - 320,000; Full time

Benefits offered by this job

Competitive compensation package

On-site work environment

Job summary

Nearwater Capital is seeking an experienced finance lawyer to join its Legal team in New York. You will negotiate and close financings from term sheet through funding, work directly with Investment and Origination teams, and advise on complex structured transactions for leading financial institutions.

You will partner with Compliance, Credit, and Risk, manage outside counsel, and ensure documentation standards and regulatory compliance across deals. The role is on-site in NYC.

Qualifications

• 5+ years drafting and negotiating financing transactions.
• Experience negotiating a variety of financing structures including repo, stock loan, and TRS with ISDA docs.
• Understanding of rating agency structured financing requirements.
• Clear written and verbal communication with internal teams, clients, and counterparties.
• Law degree and qualification to practice as in-house counsel in the State of New York.
• Comfort working on-site in the New York office.

Responsibilities

• Negotiate financings with business groups and clients, from term sheet through funding.
• Draft and negotiate ISDAs and related documentation.
• Serve as the front-line desk lawyer for the Investment and Origination teams on new originations.
• Partner with Compliance, Credit, and Risk on deal terms and approvals.
• Manage outside counsel on transactions.
• Maintain the firm’s documentation standards and transaction compliance across deals.
• Give commercial, solutions-oriented advice that balances legal risk with business objectives.

Skills

Financing transactions

Structured finance

Securitization

Loan/receivables financing

ISDA documentation

Repo financing

Stock loan

TRS

Capital markets

Communication

Education

Law degree

New York bar admission

Job description

Nearwater is adding an experienced finance lawyer to its Legal team to work directly with the business on live deals. Reporting to the Deputy General Counsel, you will be the front-line desk lawyer for the Investment and Origination teams, negotiating and closing new originations from term sheet through funding. You will work on financings for some of the largest financial institutions and financial services firms in the world.

WHAT YOU'LL DO

• Negotiate financings with business groups and clients, working from the firm’s form documentation
• Draft and negotiate transaction documents at every stage, from term sheet through funding, including ISDAs and related documentation
• Serve as the front-line desk lawyer for the Investment and Origination teams on new originations
• Partner with Compliance, Credit, and Risk on deal terms and approvals
• Manage outside counsel on transactions
• Maintain the firm’s documentation standards and transaction compliance across deals
• Give commercial, solutions-oriented advice that balances legal risk with business objectives

WHAT WE'RE LOOKING FOR

Required:

• At least 5 years of hands-on drafting and negotiating experience in financing transactions, structured finance, securitization, or loan/receivables finance at a top-rated law firm or in-house, plus strong capital markets/securities laws experience
• Experience negotiating a variety of financing structures, including repo, stock loan, and TRS, and the related ISDA documentation
• Understanding of rating agency structured financing requirements for rated debt
• Clear written and verbal communication with internal teams, clients, and counterparties
• Law degree and qualification to practice as in-house counsel in the State of New York
• Comfort working on-site in the New York office

Preferred:

• Experience in a similar role at a global bank or investment management firm
• Global transactional and/or regulatory experience

HOW YOU WORK

• You think commercially and bring solutions to every deal
• You use sound judgment and prioritize well when several deals are moving at once
• You stay positive and constructive under pressure
• You take ownership of your deals and see them through to closing
• You listen well and explain legal points plainly to non-lawyers

WHAT YOU'LL GET

• Exposure to a range of financing structures
• A global client base of leading financial institutions
• A growing legal team at a fast-growing firm, where your work is visible

Benefits

• Nearwater offers an attractive market compensation and benefits package.
• As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office.

Who We Are

Nearwater Capital is a rapidly growing and innovative specialty finance company headquartered in New York City with a global presence and client base. Established in 2017, Nearwater has distinguished itself as a leader in delivering thoughtful, solutions-based financing to some of the largest financial institutions and financial services firms in the world.

Nearwater Capital considers all applicants without regard to race, color, religion, national origin, age, sex, civil status, family status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, membership of the Traveller community, or any other characteristic protected by applicable law in the jurisdiction of employment. By applying, candidates acknowledge that their personal data will be processed in accordance with applicable data protection and privacy laws, including but not limited to the EU/UK General Data Protection Regulation and applicable US state privacy laws.