Junior Associate in Financial Restructuring

2 weeks ago


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

Direct Counsel, LLC is collaborating with a distinguished law firm recognized nationally in their quest for a Junior Associate in Financial Restructuring. This position is particularly noteworthy as it is embedded within the firm's vibrant financial restructuring division. In this role, you will engage in new loan originations and oversee existing capital structures, while also having the chance to advocate for clients in various special situations, workouts, and restructuring transactions both in and out of court.

Clientele

The firm’s primary clientele includes private credit and opportunistic debt funds, ad hoc lender groups, as well as investment and commercial banks. Additionally, we frequently represent corporate borrowers and private equity sponsors.

Qualifications

  • Experience in a diverse range of intricate debt financing transactions, including acquisition financing (particularly for sponsor-backed firms in the middle market), term loan facilities, and working capital facilities. Familiarity with commitment letters, sponsor grids, unitranche facilities, and intercreditor arrangements is also essential.
  • While having a background in distressed credit is advantageous, a robust foundation in leveraged finance, coupled with a desire to broaden your expertise beyond credit analysis, is paramount.
  • 4 to 6 years of experience post-law school as a finance associate.
  • A Juris Doctorate from a well-regarded law school.
  • Exceptional analytical capabilities and meticulous attention to detail.

Compensation

The anticipated salary range for this role is between $225,000 and $260,000 annually, with actual compensation potentially varying based on experience and other relevant factors.



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