Debt Finance Associate Position
1 month ago
Direct Counsel, LLC is seeking a mid-level associate with 3-7 years of experience to join its national Debt Finance team in the Business Group. The ideal candidate will work with regional and national clients as a member of the practice team.
Key Responsibilities
The successful candidate will have experience representing lenders and borrowers in connection with syndicated or bilateral credit facilities. They will also have knowledge of secured term loans, cash flow and asset-based revolving credit facilities, and some experience with leveraged acquisitions.
Requirements
The candidate must have experience drafting, reviewing, and negotiating loan documents, including credit agreements, loan agreements, security agreements, guarantees, intercreditor agreements, promissory notes, fee letters, commitment letters, term sheets, and amendments.
Preferred Qualifications
The ideal candidate will have experience with a varied scope of secured lending transactions, primarily in the middle market, but also spanning smaller venture stage debt financing and some large investment grade financings. They will also have experience with cross-border work, project finance, restructuring, and workout, as well as first lien/second lien/mezz financing in a wide variety of industries.
Compensation
The expected annual salary for this position ranges from $245,000 to $370,000. The salary will be determined by a wide range of factors, including experience level, education/training, and relevant skills. Associates also participate in a performance and hours-based bonus program.
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