Associate Attorney Mortgage Loan Warehouse & Repurchase Lending

A law firm seeks an experienced Associate Attorney to join its Global Finance team in New York City, NY. The firm’s practice focuses on representing lenders and borrowers in complex mortgage loan warehouse transactions, including repurchase facilities and loan-on-loan structures. The ideal candidate will have prior experience in warehouse lending and repurchase facilities, with a strong understanding of transaction document preparation and negotiation. This role provides the opportunity to work on high-profile commercial real estate transactions and contribute to a top-ranked practice.

Duties:

• Represent both lenders and borrowers in mortgage loan warehouse transactions, including repurchase facility and loan-on-loan structures.
• Draft, review, and negotiate term sheets and other transaction documents for financing facilities.
• Work closely with deal teams to manage key aspects of transactions, from term sheet to closing.
• Provide legal counsel and strategic advice to clients involved in complex financing transactions.
• Collaborate with senior attorneys and clients to ensure successful execution of deals.
• Conduct legal research on industry regulations and market trends in mortgage lending.
• Ensure compliance with applicable laws and regulations governing mortgage loan transactions.

Requirements:

• 3-8 years of experience in mortgage loan warehouse and repurchase facility transactions.
• Hands-on experience with the preparation and negotiation of financing transaction documents.
• Prior experience as a key member of a deal team, managing aspects of transactions from term sheet to closing.
• Commercial or residential mortgage loan warehouse experience is preferred, but experience in ABS warehouse transactions will be considered.
• Large law firm experience is highly preferred.

Education:

• Juris Doctor (JD) degree from an accredited law school.

Certifications:

• Active bar membership in the state of New York (or the ability to obtain).

Skills:

• Strong understanding of mortgage loan warehouse facilities and repurchase transactions
• Expertise in drafting and negotiating transaction documents
• Ability to manage complex transactions and client relationships
• Knowledge of commercial real estate finance and ABS warehouse structures
• Strong legal research, writing, and analytical skills
• Effective communication and teamwork skills in a fast-paced environment

Benefits:

• Comprehensive health insurance
• Retirement savings plan options
• Professional development and training opportunities
• Collaborative and dynamic work environment

A recent merger has put this firm on the map on a global scale, although the firm's reputation is rather regional. Very much substance over form, this firm boasts international clientele and a sizable New York office without much fanfare of notoriety. We like this firm because, with a the headquarters in a smaller legal market, the philosophy of the firm is more lifestyle oriented than some of the large New York firms. Although associates won't get as many oohs and ahs after pulling out their business card, the sophistication of work and glamour factor with the international clientele competes with some of the big New York shops. For associates willing to forgo a bit in salary, the more than adequate New York office is the best of both worlds in terms of work and lifestyle.