Description:

The Role:
An Investment Service Firm Legal Department is seeking to hire a finance attorney to join the Asset Management Portfolio Management and Transactional Support Legal team supporting the Fidelity High Income and Alternatives Division (“HI&A”). In this role, you will actively work on debt transactions on both the buy and sell side, with a focus on issuing collateralized loan obligations (“CLOs”), supporting FMR's Ballyrock Investment Advisor and additional exposure to real estate investments and bank loan trading.

As a key member of a dedicated HI&A legal team, you will be a critical advisor to the CLO team, involved in each aspect of the creation, issuance and maintenance of Fidelity's CLOs. You will work closely with outside counsel reviewing investor, rating agency and trustee comments, and delivering Fidelity's feedback. You will be the internal subject matter expert for all CLO legal issues, assisting with Form ADV and Form PF filings, staying current on regulatory matters (US, EU and Cayman) that impact HI&A, and primarily the CLOs, corporate governance matters, compliance issues and reacting to day-to-day legal issues as they arise. You will work closely with portfolio managers, traders and communicate regularly with investment banks, trustees, and other service providers on CLO transactions. The work is dynamic, challenging, fast paced, and engaging.

The Expertise and Skills You Bring:
  • J.D with 8-10 years' experience as a transactional attorney.
  • Experience working on large finance transactions, including all types of securitizations and structured finance products. Candidates with significant CLO experience will be strongly considered.
  • Law firm or equivalent experience required.
  • Experience must include reviewing and negotiating transaction documents, including but not limited to, credit agreements, Indentures, offering materials, marketing materials, and management agreements.
  • Experience working on large scale complex projects with multiple counterparties.
  • Ability to analyze relevant facts quickly and make reasoned risk-based decisions.
  • Experience with the'40 Act, Advisers Act, 33' Act and 34' Act a plus.
  • Strong contract negotiation skills required.
  • Ability to work independently under pressure in a dynamic environment that will require you to manage multiple, competing tasks simultaneously.
  • Ability to work as a team member in a team context; ability to build relationships with a range of lawyers and non-lawyers across the company.
  • Willingness to exercise independent judgment.
  • Highly organized, self-motivated and self-directed, but comfortable with reporting lines that require obtaining approvals and buy-ins from numerous constituents.
  • Strong communications and presentation skills, including the ability to communicate complex legal concepts clearly and efficiently to non-lawyers
  • Excellent writing and analytic skills.