Full Job Description
ResponsibilitiesThe attorney desired will provide legal and transactional advice and counsel to clients in SG's U.S. offices in connection with the structured finance and derivatives activities of the Fund Financing Desk within the Distribution and Credit Solutions business lines within the Global Lending, Banking and Advisory (GLBA) business in the U.S. Product coverage will include cross-asset financing solutions for hedge fund-of-fund facilities, structured derivatives and repos. Will advise on secured financing transactions entered into with investment fund clients (including hedge funds, funds of hedge funds, private equity funds and mutual funds), insurance/reinsurance companies and other financial institutions and serve as back-up legal support on private equity and insurance facilities, including PE NAV/Secondary Facilities, Cap Call Facilities and Life Settlement Policy Portfolio Facilities. Will draft, review and negotiate all manner of transaction agreements and provide advice and counseling on documentation, transaction structuring and negotiation. Will draft, implement and maintain legal policies and procedures. Will advise and support clients in new product development. Will advise on legal and regulatory changes and other developments affecting covered products and businesses. Will develop and maintain form documentation for various business activities and provide training and educational support to clients. Will work closely with credit risk, tax, accounting, compliance and other control functions in connection with active transactions and coordinate and work with business lines in other SG offices in connection with U.S. legal matters. Will coordinate and supervise activities of external counsel.Profile requiredRequired/Must have: At least 4 years of broad-based professional U.S. legal experience, with strong experience drafting and reviewing sophisticated secured financing transactions, including: (1) financing agreements (e.g., credit agreements, letter of credit facility agreements, note purchase agreements, derivatives and repurchase transaction confirmations), as well as amendments to the foregoing, (2) documents pursuant to which security interests in collateral are granted and perfected (e.g., security agreements, control agreements and UCC financing statements), and (3) documents ancillary to the foregoing (e.g., side letters, engagement letters and term sheets). Provide advice to key stakeholders on the perfection and enforcement of security interests in different types of collateral (e.g., interests in investment funds, life settlement policies, debt and equity securities). Familiarity with cross-border/multi-jurisdictional structures and issues. Desired/Plus: An understanding of the core businesses of SG Americas covered by the Global Banking and Advisory legal team, especially commercial lending, asset-based lending and related bank and other regulatory issues. Expertise/experience with UCC and U.S. bankruptcy regime and background in U.S. secured transactions regulations and documentation. Derivatives (e.g. total return swaps, credit default swaps) and structured repo experience.Required/Must have: Diligent work ethic and positive attitudeHighly intelligent, capable and responsibleExcellent written and oral communication and advocacy skillsFlexible and creative personality, adaptable to changing business and product mixStrong client service mentalitySeasoned business and legal judgmentAbility to balance commercial needs while protecting the interests of the bankAbility to listen to diverse points of viewAbility to exert influence and persuade othersAbility to take a position even in absence of broad-based supportAbility to prioritize tasks and effectively respond to and service demanding clientsAbility and willingness to learn new and unfamiliar areas of law and businessAbility to communicate complex legal concepts in a commercially accessible mannerAbility to work independently as well as in teamsFluency in English and significant prior experience in legal drafting in EnglishDesired/Plus: Ability to conceive of and manage complex projects. Skill and experience in managing interdisciplinary projects and project teams.Required/Must have: Active Member, New York State BarLaw degree from a well-regarded U.S. law school (or foreign equivalent) Undergraduate degree from a well-regarded 4-year college/university COMPENSATION:Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.
