What are the responsibilities and job description for the Asset Securitization Associate (CLO) position at Chapman & Cutler?
Chapman and Cutler LLP is seeking to hire an Associate to join the CLO team within the Asset Securitization Department in our New York office. The successful candidate will have three to six years of experience in securitization or other structured finance transactional work.
Examples of specific types of desired experience include the following:
- Drafting offering and transaction documents for CLO offerings, warehouse lending transactions, bilateral financing facilities and other structured lending arrangements
- Experience with complex structured financing transactions
- Working knowledge of the UCC and reviewing financing statements
- Understanding of federal securities laws and regulatory matters, including compliance with provisions of the Dodd-Frank Act and other financial crisis regulatory initiatives (e.g. '33 Act, '34 Act, Volcker Rule, Risk Retention Rules, '40 Act)
- Familiarity with opinion practice, including reviewing and drafting legal opinions
- Familiarity with bankruptcy law as it pertains to securitization
The candidate should also possess impressive academic credentials; the ability to simultaneously negotiate and efficiently juggle multiple transactions and other competing work demands; strong interpersonal, analytical, oral communication, research, and writing, editing, and organizational skills as well as superior negotiating skills; and an understanding of business, industry and market issues. The successful candidate will be available to work during non-standard work hours and work long hours when necessary.
Candidate must be a member in good standing of the New York bar.
In accordance with the New York Pay Transparency Law, the expected salary range for this New York position is between $260,000 to $390,000.
To apply, please submit your cover letter and resume. All applicants will be considered; however, the hiring decision will be made based on qualifications for the position.
Chapman and Cutler LLP is an Equal Opportunity Employer M/F/D/V/SO.
Salary : $260,000 - $390,000
