Commercial Mortgage-Backed Securities Associate

Job Overview

A law firm seeks a Commercial Mortgage-Backed Securities Associate to join its Finance and Real Estate practice in New York. The ideal candidate will have 3-6 years of securitization experience and will work with a team representing issuers, underwriters, servicers, and investors in the CRE securitization and CMBS marketplace.

Duties

• Prepare bid letters and negotiate confidentiality agreements.
• Draft securitization disclosure and operative documents, including pooling and servicing agreements.
• Manage mortgage loan purchase agreements and investor certifications.
• Engage in commercial real estate repurchase facility and warehouse lending.
• Participate as a key member of deal teams, managing transactions from due diligence to closing.

Requirements

• 3-6 years of securitization experience.
• Experience in large law firms is strongly preferred.

Education

• Juris Doctor (JD) degree.

Certifications

• Admitted to practice law in New York.

Skills

• Strong negotiation and drafting skills.
• Ability to manage complex transactions.
• Excellent communication and teamwork abilities.

Benefits

• Comprehensive health insurance.
• Retirement savings plan.
• Professional development opportunities.

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.