Associate ABS Counsel
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About The Position
In this role, you will lead and manage legal aspects of asset-backed securitization and financing transactions, including drafting and negotiating transaction documents such as private placement memoranda, servicing agreements, and indentures for OneMain's consumer loan, auto and credit card platforms. You will identify and relay issues to the deal team and internal stakeholders for discussion and resolution. Additionally, you will assist with the legal deal process from pre-closing through post-closing activities, including ongoing management of transaction documents post-close. Staying informed of changes to relevant law and regulations and advising the legal team and capital markets team about any impact to the business is crucial. You will provide clear and concise guidance to business units, including finance, legal, treasury, and operations teams, particularly on novel and complex legal issues. Furthermore, you will provide legal support for other finance transactions presented by the capital markets team, ensuring alignment with business objectives and compliance requirements. Managing relationships with external counsel to ensure high-quality and cost-effective legal support is also part of your responsibilities. A willingness and desire to assist with corporate governance matters and general corporate transactions and support other projects for the legal department as necessary is expected.
