Asset Based Finance US Deal Counsel

TOP•New York City, NY

21h•Onsite

About The Position

This full-time role is based in New York and focuses on managing the day-to-day legal aspects of new investments by Sixth Street. The position is part of the Legal team and works closely with Investing and Core team members. The work spans investment transactions, existing portfolio investments, financing arrangements, fund-related matters, third-party communications, service-provider contracts, and outside counsel relationships. The role requires broad familiarity with complex financial transactions and the ability to lead, negotiate, execute, and manage varied transactions. The candidate should bring strong analytical, drafting, and verbal communication skills, a high-trust and integrity-focused approach, and a willingness to take a hands-on role. Sixth Street seeks a team player who can balance and mitigate risk in deal contexts. The position requires a law degree from a highly regarded American law school and admission to a bar; membership in a specific state bar is not required. A minimum of seven years of corporate legal experience in a law firm and/or in-house is required. The base salary is expected to be $250,000, commensurate with relevant experience and other qualifications. The role is eligible for an annual discretionary bonus and a competitive benefits package.

Requirements

Law degree from a highly regarded American law school.
Membership in a bar; membership in any specific state bar is not required.
At least seven years of corporate legal experience in a law firm and/or in-house.
Broad familiarity with complex financial transactions, private and public M&A, capital markets, structured finance, tax, and securities law.
Significant experience leading, negotiating, executing, and managing complex and varied transactions, including private and public M&A, joint ventures, and debt transactions.
Significant experience with capital markets transactions and related public filings and disclosures.
Facility with complex tax structures and cross-border transactions.
Experience balancing and mitigating risk in the deal context.
Strong analytical abilities, drafting skills, and verbal communication skills.
Team-player approach, high trust and integrity, and a hands-on attitude.

Nice To Haves

Experience with private investment funds.

Responsibilities

Identify issues, negotiate, and manage legal aspects of new investments by Sixth Street’s Asset Based Finance funds and investment management accounts, including complex investments, M&A, loan originations, joint ventures, structured finance, insurance and reinsurance transactions, secondary-market acquisitions and dispositions, and purchases and sales of loan pools.
Structure and implement transaction structures in collaboration with Sixth Street Tax.
Execute deal term sheets, signings, and closings.
Oversee legal aspects of existing investments, including work with deal teams and portfolio company management, follow-on investments, restructurings, and exits, including through public markets.
Identify issues, negotiate, and oversee financing agreements, and maintain compliance with those agreements after execution; financing arrangements may include fund credit facilities, deal-specific leverage, repurchase arrangements, securitizations, and warehousing arrangements.
Develop and systematize legal processes and guidelines from concept through execution.
Identify fund-related matters and advise on legal elements of funds, especially as they relate to specific investments.
Prepare and review third-party communications, including marketing materials, investor communications, investor conference materials, and press releases.
Negotiate and oversee legal aspects of Sixth Street’s contracts with advisors, sourcing, servicing, diligence, and other service providers and consultants.
Monitor outside counsel relationships and work with outside counsel on the foregoing matters.
Work closely with deal professionals and the Core team, including Legal & Compliance and Tax team members.