Associate General Counsel, Structured Finance/CLO's Attorney

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Date: Jan 8, 2019

Location: New York, NY, US

Company: New York Life Insurance Co

 

A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

 

Key Duties and Responsibilities:

  • Preparing, reviewing, and negotiating documentation relating to formation, warehousing and issuance of collateralized loan obligations (CLOs), for which our investment managers serve as the collateral manager.
  • Preparing, reviewing, and negotiating documentation relating to structured finance transactions, including commitment letters, note purchase agreements, security agreements and intercreditor agreements.
  • Advising investment professionals on transaction terms and deal structuring issues, as well as identifying and assessing risks in transaction terms.
  • Advising on secondary trades, amendments, consents and restructurings.
  • Overseeing external counsel.
  • Working with other company attorneys, as well as Compliance, Risk, Accounting and Tax professionals, on issues relating to CLOs and fixed income investments.

Required Qualifications:

  • JD and admission to the NY Bar are required.
  • At least 7-10 years of experience working as a structured finance/CLO attorney with a law firm and/or another asset manager is required.
  • Expertise in finance and lending transactions is required.
  • Working knowledge of collateralized loan obligations and structured finance investments is required.
  • Superior written and oral communications skills, excellent analytical, problem-solving, and interpersonal skills are required.
  • Willingness to learn new areas of the law is required.
  • Proven record of managing multiple projects while meeting deadlines is required.
  • Familiarity with transportation asset-backed securities, equipment lease and other operating asset financings is preferred.
  • Familiarity with New York insurance laws regarding investments is preferred.
  • Familiarity with risk retention compliant warehouses is preferred.
  • Familiarity with floating rate loan and high yield bond credit documentation is preferred.
  • Familiarity with LSTA documentation is preferred.
  • Experience with asset management, including familiarly with the Investment Advisers Act, is preferred.

General Profile:

  • Recognized expert within the company.
  • Influences strategy to address internal or external business and regulatory issues.
  • Proactively identifies and solves the most complex problems that impact the management and direction of the business.
  • Contributes to the development of functional strategy.
  • May lead multidisciplinary projects.
  • Stays abreast of regulatory issues that have an impact on the business.
  • Proactively identifies and solves complex problems; uses innovative methods to think beyond existing solutions.
  • Has responsibility for making and driving significant decisions that impact strategy and performance of our CLO businesses.
  • Strong interpersonal skills.

 

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EOE M/F/D/V

 

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