Secured Lending Associate Lawyer - AI-Driven Closings

HUM Capital, Inc.; Chicago (IL); On-site; USD 140,000 - 160,000; Full time

Benefits offered by this job

Fully funded medical coverage

Job summary

Hum Capital is seeking a detail-oriented Associate Lawyer to draft, negotiate, and close secured lending transactions from term sheet through post-closing, focusing on loan documentation and closings while coordinating with the investment team, Legal & Compliance, borrowers, and outside counsel.

The candidate uses technology, including AI tools, to deliver accurate work efficiently, with strong drafting, negotiation, and multitasking abilities in a fast-paced private credit setting.

Qualifications

• J.D. and active bar admission in good standing (Illinois preferred).
• 2–4 years of finance or secured lending experience (law firm or in-house).
• Strong command of loan documentation, UCC Article 9, and closing mechanics.
• Precise, concise drafting and negotiation skills.
• Demonstrated use of generative AI and legal technology in practice.
• Ability to manage multiple transactions and deadlines simultaneously.
• Strong written and verbal communication skills.
• Advanced proficiency with Microsoft Word, Excel, Google Docs, and document management systems.

Responsibilities

• Draft, review, and negotiate term sheets, loan and security agreements, guaranties, and inter-creditor and subordination agreements.
• Prepare amendments, waivers, consents, forbearance agreements, and default and reservation-of-rights notices.
• Negotiate with borrower and counterparty counsel; prepare redlines and issues lists.
• Manage closings, including checklists, conditions precedent and subsequent, and closing deliverables.
• Oversee UCC, lien search, and perfection matters.
• Advise the investment team on documentation risk, covenants, and enforcement options.
• Manage outside counsel and legal spend.
• Use AI and document automation tools to accelerate drafting, template population, and review, verifying all output.

Skills

Drafting & negotiation

Written and verbal communication

AI tool usage in legal practice

Team collaboration

Education

J.D. degree

Tools

Microsoft Word

Microsoft Excel

Google Docs

Document management systems

AI/document automation tools

Job description

Hum Capital is seeking a detail-oriented Associate Lawyer to draft, negotiate, and close secured lending transactions from term sheet through post-closing, focusing on loan documentation and closings while coordinating with the investment team, Legal & Compliance, borrowers, and outside counsel.

The candidate uses technology, including AI tools, to deliver accurate work efficiently, with strong drafting, negotiation, and multitasking abilities in a fast-paced private credit setting.