Mortgage Loan Repurchase Facility and Warehouse Lending Associate

Job Overview

A law firm seeks an associate with experience in mortgage loan warehouse facilities to join their Finance and Real Estate practice in New York. The ideal candidate will have a background in handling complex transactions and a strong understanding of repurchase facilities and warehouse lending.

Duties

• Participate in mortgage loan warehouse transactions using repurchase facility and loan-on-loan structures.
• Prepare and negotiate term sheets and transaction documents for financing facilities.
• Act as a key member of deal teams, managing transactions from term sheet through closing.

Requirements

• Experience with repurchase facilities and warehouse lending.
• Hands-on experience in preparing and negotiating transaction documents.
• Experience in commercial or residential mortgage loan warehouse transactions preferred.
• Large law firm experience strongly preferred.

Education

• Juris Doctor (JD) degree required.

Certifications

• Admitted to practice law in New York.

Skills

• Strong negotiation and communication skills.
• Ability to manage complex transactions independently.

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.