Structured Finance Counsel Sr

1 month ago

New York, New York, United States Flagstar Bank, N.A. Full time

Position Title
Structured Finance Counsel Sr

Location
New York/1250 Broadway/110103

Job Summary
Pay range: K

The Senior Counsel is a member of the Legal Department and primarily responsible for providing legal support to Flagstar Bank. Partners with internal business units, as well as working with other members of the Legal team.

Acts as the primary resource for the business regarding review and management of legal matters relating to structured finance / securitization, commercial and commercial real estate ("CRE") lending and whole loan trading transactions. Acts as a liaison between business unit management, legal management and outside counsel regarding documentation and legal issues. Provides timely and effective legal advice regarding negotiations and documentation, managing outside counsel engaged to represent Flagstar. Has direct experience working in-house at a financial institution and/or at a large law firm providing legal support to financial institutions in the structured finance or CRE lending space. Is multi-faceted with a solid understanding of structured finance / securitization, commercial and CRE lending, residential whole loan origination and trading and capital markets transactions generally. Is familiar with current market practices and trends, applicable banking regulations, securities laws and events impacting the large banking sector. Has particular experience in pre-litigation workout with respect to commercial and CRE loans.

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

JOB RESPONSIBILITIES

  • Independently review and draft transactional and other documentation relevant in structured finance and commercial lending, including term sheets, loan agreements, purchase and sale agreements, engagement letters, marketing materials and offering documents, default notices, demand letters, reservation of rights letters, pre-negotiation letters, opinions and non-disclosure agreements.
  • Provide ad hoc legal support to senior members of commercial lending business lines, including Community and Corporate Banking and Commercial Real Estate Lending.
  • Review policies and procedures relating to the business lines above.
  • Participate in firmwide projects requiring Legal's input (e.g., transition from LIBOR to SOFR).
  • As a subject matter expert, keep apprised of regulatory and market developments that impact the structured finance space (e.g., Regulation AB, Basel III Endgame, Volcker Rule, etc.).
  • Engage and actively manage outside counsel with a view to reducing legal spend and mitigating potential conflicts while providing "best in class" legal support for the business.
  • Manage, train and coach junior attorneys and paralegals who support the business lines above.
  • Periodically train the business and others in Legal with respect to bank products and regulatory developments.
  • Uses independent judgment and discretion to make decisions and become a thought leader in the Legal Department.
  • Critically analyzes and resolves legal problems pertaining to structured finance / commercial lending business units and the bank's challenges and strategic initiatives generally.
ADDITIONAL ACCOUNTABILITIES
  • Performs special projects, and additional duties and responsibilities as required.
  • Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and completes required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS

Required Qualifications:
  • Juris Doctorate from an accredited law school.
  • Minimum experience required: 5 Years at a reputable law firm in the structured finance space or relevant experience in-house at a bank or other financial institution.
Job Competencies:
  • Knowledge of the legal and regulatory requirements for financial institutions, including relevant federal and state banking laws
  • Strong financial acumen and knowledge of financial markets
  • Excellent interpersonal skills and ability to communicate effectively with senior management and other stakeholders throughout the bank
  • Analytical, detail-oriented and demonstrates excellent written communication skills
  • Responds to requests quickly, commercially and thoughtfully
  • Demonstrates intellectual curiosity and a willingness to ask thought-provoking questions and provide a different point of view
  • Demonstrates exemplary leadership, respect for colleagues above and below, and collaborative approach to solving problems; puts clients, firm and team first
  • Disciplined adherence to teamwork and principles of diversity, equity and inclusion
  • Focuses on being a trusted advisor to the business and delivering high-quality work product; streamlines processes and actively seeks ways to reduce legal spend
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 0.00
Maximum Salary: 0.00
Salary Unit: Yearly


  • Structured Finance CLO Counsel

    6 days ago

    New York, New York, United States Ascension Global Staffing & Executive Search Full time

    Job OverviewAscension Global Staffing & Executive Search, a Hispanic Women Owned & Operated National Recruiting Firm, is at the leading edge of talent acquisition and excellence. Our dedicated team emphasizes diversity and inclusion, striving to connect exceptional talent with outstanding opportunities across the nation.The Banking & Finance division of our...

  • Legal Associate

    6 days ago

    New York, New York, United States Jobot Full time

    Join a leading national law firm as a Structured Transactions Associate Attorney.About the Role:We are looking for a talented and motivated attorney with 3-6 years of experience in structured finance or securitization to become part of our dynamic legal team. This position offers a competitive salary of up to $435,000 per year and the flexibility of a hybrid...

  • Senior Finance Counsel

    6 days ago

    New York, New York, United States Natixis Corporate & Investment Banking Full time

    Position OverviewThis senior-level position will provide legal support to the financing divisions of Natixis Corporate & Investment Banking. Key responsibilities include (i) collaborating with the front office and external legal advisors to accurately document new loans or amend existing ones, (ii) establishing and enforcing minimum standards, and (iii)...

  • Structured Credit CLO Associate

    6 days ago

    New York, New York, United States Direct Counsel, LLC Full time

    Position OverviewDirect Counsel, LLC is collaborating with a distinguished law firm recognized nationally in the legal sector to identify a Structured Credit CLO Associate with 2 to 6 years of experience. The Structured Credit division specializes in collateralized loan obligations (CLOs) and other complex financing transactions, including asset-based...

  • Structured Finance Associate Attorney

    19 hours ago

    New York, New York, United States Jobot Full time

    Join a leading national law firm as a Structured Transactions Associate AttorneyAbout the Role:We are looking for a talented attorney with 3-6 years of experience in structured finance or securitization to become a vital part of our legal team. This position offers a competitive salary of up to $435,000 per year and a flexible hybrid work schedule.Key...

  • Structured Finance Analyst

    6 days ago

    New York, New York, United States Crédit Agricole CIB Full time

    Key Responsibilities 1. Daily Structuring & Execution / Transaction Oversight· Aid in the structuring and execution of structured finance transactions (warehouse and term ABS) for the Special Situations division across North America. o Special Situations assets encompass Art Loans, Leveraged Loans, Future Flow, Collateralized Fund Obligations, and other...

  • Structured Finance Analyst

    6 days ago

    New York, New York, United States Crédit Agricole CIB Full time

    Key Responsibilities 1. Daily Structuring & Execution / Transaction Oversight· Support the structuring and execution of structured finance transactions (warehouse and term ABS) for the Special Situations division in North America. o Special Situations assets encompass Art Loans, Leveraged Loans, Future Flow, Collateralized Fund Obligations, and other niche...

  • Structured Finance Analyst

    6 days ago

    New York, New York, United States Top Tier Reps LLC Full time

    Position OverviewTop Tier Reps LLC is on the lookout for skilled associates and counsel to enhance its structured finance division. This hybrid position is well-suited for professionals with 2 to 3 years or 5 to 7+ years of relevant experience, particularly those who have worked with financial institutions in various roles, including issuers, underwriters,...

  • Structured Credit CLO Associate

    6 days ago

    New York, New York, United States Direct Counsel, LLC Full time

    Position OverviewDirect Counsel, LLC is collaborating with a distinguished law firm recognized nationally to identify a Structured Credit CLO Associate with 2 to 6 years of experience. The Structured Credit division specializes in collateralized loan obligations ("CLOs"), along with various securitization deals, asset-based lending transactions (both...

  • Structured Credit CLO Associate

    17 hours ago

    New York, New York, United States Direct Counsel, LLC Full time

    Direct Counsel, LLC is collaborating with a distinguished law firm recognized nationally in the search for a Structured Credit CLO Associate with 2 to 6 years of experience. The Structured Credit division specializes in collateralized loan obligations ("CLO") along with various securitization transactions, asset-based lending (both bilateral and syndicated),...

  • Structured Credit CLO Associate

    15 hours ago

    New York, New York, United States Direct Counsel, LLC Full time

    Position OverviewDirect Counsel, LLC is collaborating with a prestigious, nationally acclaimed law firm to identify a Structured Credit CLO Associate with 2 to 6 years of experience. The Structured Credit division specializes in collateralized loan obligations ("CLOs"), alongside various securitization initiatives, asset-based lending arrangements (both...

  • Structured Finance Analyst

    6 days ago

    New York, New York, United States Crdit Agricole S.A. Full time

    Vacancy DetailsGeneral InformationEntity About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB) Crdit Agricole CIB is the corporate and investment banking division of Crdit Agricole Group, a leading global banking institution. With a workforce of approximately 8,600 professionals across more than 30 countries, we are dedicated to meeting...

  • Structured Finance Analyst

    14 hours ago

    New York, New York, United States Crdit Agricole S.A. Full time

    Vacancy DetailsGeneral InformationEntity About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB) Crdit Agricole CIB serves as the corporate and investment banking division of Crdit Agricole Group, recognized as one of the largest banking groups globally. With a workforce of approximately 8,600 employees across over 30 countries, we are...

  • Structured Finance

    1 month ago

    New York, New York, United States Fitch Ratings Full time

    At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and...

  • Sr Counsel

    1 month ago

    New York, New York, United States CBRE Full time

    Sr CounselJob ID173662Posted01-Jul-2024Service lineAdvisory SegmentRole typeFull-timeAreas of InterestLegalLocation(s)New York City - New York - United States of AmericaAre you ready to start an exciting career with CBRE?CBRE is the global leader in commercial real estate services. We are focused on achieving successful outcomes for our clients, employees...

  • Structured Finance Analyst

    6 days ago

    New York, New York, United States The Ladders Full time

    Position OverviewCompany OverviewAbout The Ladders The Ladders is a leading platform dedicated to connecting professionals with high-quality job opportunities. Our mission is to empower job seekers and employers alike by providing a streamlined and effective recruitment process.Job TypeCorporate & Investment BankingJob TitleStructured Finance AnalystContract...

  • Structured Finance Specialist

    6 days ago

    New York, New York, United States Illapa Search Full time

    Overview:Illapa Search is currently seeking a Structured Finance Specialist to enhance our legal team.This role presents an exceptional chance to engage with a top-tier Securitization Practice, addressing structured credit and collateralized loan issues on both national and international stages.Qualifications:Candidates should have extensive experience in...

  • Sr. Commercial Counsel

    1 month ago

    New York, New York, United States Viant Full time

    The Sr. Commercial Counsel will be primarily responsible for reviewing, drafting and negotiating day-to-day commercial agreements across all business functions (e.g., Sales, Business Development, Finance, Marketing). This position will also support a wide variety of legal needs as they arise. This role will be expected to demonstrate sound judgement, balance...

  • Structured Finance Legal Associate

    6 days ago

    New York, New York, United States Encore Search Partners, LLC Full time

    Structured Finance Associate AttorneyCompany: Encore Search Partners, LLCAll inquiries are treated with confidentiality. Your information will not be disclosed without your consent.We are collaborating with a prestigious Am100 law firm seeking to expand their team with a Structured Finance Associate Attorney. While the primary location is New York,...

  • Structured Finance Legal Associate

    6 days ago

    New York, New York, United States Encore Search Partners, LLC Full time

    Structured Finance Associate AttorneyCompany: Encore Search Partners, LLCAll inquiries are treated with the utmost confidentiality. Your information will not be shared without your consent.We are collaborating with a prestigious Am100 law firm seeking to enhance their team with a Structured Finance Associate Attorney. This position is primarily based in New...