New York - Finance (UCC) Mid-Level Associate

Skadden

$310K — $390K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-6 years of Finance experience required
  • Strong expertise in secured lending transactions
  • Ability to draft and negotiate security interest opinions
  • Familiarity with UCC, particularly Articles 9 and 8
  • High academic achievement and strong law firm background preferred

Responsibilities

  • Review security documentation for transactions
  • Advise clients on personal property security interest issues
  • Monitor changes to UCC and related laws
  • Assist in firm’s knowledge management materials
  • Support Finance attorneys and other practice areas

Benefits

  • Enhanced mentor program for lateral associates
  • Flexible hybrid work model
  • Extensive pro bono program opportunities
  • Professional development resources
  • Dynamic work environment fostering career growth
Full Job Description
The Finance group in New York is seeking a candidate with four to six years of Finance experience (i.e., class of [redacted]). Expertise in various types of secured lending transactions and familiarity with drafting and negotiating security interest opinions would be ideal. Candidate would be expected to develop an expertise in advising clients on UCC issues, with an emphasis on Article 9 Secured Transactions and Article 8 Investment Securities matters. The work primarily consists of reviewing security documentation, advising clients on personal property security interest issues and structures and reviewing security interest opinions. Candidate would also be expected to keep abreast of any upcoming changes to the UCC and related laws and to help with the Firm's knowledge management materials in this field. Candidate would support Finance attorneys as well as attorneys in various other transactional and non-transactional practice areas. High level of academic achievement and solid law firm experience preferred. The starting base salary for this position is expected to be between $310,000 to $390,000 annually. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. This position may be eligible for a discretionary year-end bonus.

Associates who join Skadden laterally participate in an enhanced mentor program, which specifically focuses on the unique needs experienced attorneys face during professional transitions.

These efforts, along with our professional development and other Skadden benefits, including a hybrid work model*, offer a dynamic environment where all can shape their own career trajectories while contributing to groundbreaking legal work. We also have an extensive pro bono program that allows attorneys to devote, and receive credit for, time for myriad causes that spark their interests and matches those interests with the legal needs in the community.

*Our current hybrid work model consists of working Monday through Thursday in the office. Attorneys also receive the opportunity to work remotely for specified periods throughout the year.

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