Associate Director, Legal and Transaction Management - C&I Leveraged Finance

OakNorth • New York, NY

21d

About The Position

OakNorth is seeking a driven and ambitious In-House Legal Transaction Execution Associate Director to join its US Team. This role is crucial for the company's US expansion and growth, focusing on transaction execution to close deals efficiently. The ideal candidate will have significant experience in sponsor finance and cash flow lending in the lower middle and middle markets, along with broader C&I lending experience. This position requires the ability to work under tight timelines and align with OakNorth's values of teamwork and customer focus.

Requirements

• Attorney or loan closing experience with 5+ years of experience closing C&I transactions, with a strong focus on sponsor finance and cash flow lending in the lower middle to true middle market.
• Strong communication and interpersonal skills to build trusted relationships with Exco and senior stakeholders in the US and UK businesses.
• Strong communication and interpersonal skills to build trusted relationships with Debt Finance originators, to build trust and support originators at all stages of the process.
• Strong communication and interpersonal skills to build trusted relationships with wider teams including the Operations, Portfolio Management, Customer Due Diligence, Credit and Finance teams.
• Passionate about delivering excellence in service and quality.
• High level attention to detail, project management and organizational ability.
• Outstanding legal and commercial banking expertise across multiple areas of finance (C&I, sponsor finance and structured products).
• Ability to understand and process information quickly and effectively.
• Ability to work outside of comfort zone and develop new areas of proficiency.
• Proactive and personal drive, results driven, team player and ability to be flexible across products and deals.
• Ability to succeed in a culture where change and speed are part of daily work.

Responsibilities

• Instruct and manage external counsel on the drafting of finance documents to accurately reflect Credit approvals on all US transactions.
• Manage a number of transactions simultaneously and facilitate all conditions precedent to be satisfied taking a risk-based approach.
• Managing paralegals and juniors to facilitate the execution of transactions simultaneously.
• Coordinate with borrowers, sponsors, co-lenders and external third parties to deliver an execution product that delights customers.
• Work closely with Business Development, Credit, Operations, and Portfolio teams to structure and finalise deals, ensuring consistency with credit terms.
• Be proficient at transaction management to ensure that all standard operating procedures are complied with.
• Work with prospective borrowers to agree deal structures and advise the Business Development and Credit teams to ensure structures of deals comply with the terms of the credit sanction.
• Managing internal stakeholders to align with business targets.
• Build strong connections with customers and potential customers to develop lasting personal relationships.
• Ensure that Term Sheets are agreed in a time efficient manner for transactions to be commenced quickly.
• Advise as to US lending customs and practices, particularly in the context of sponsor finance and lower to middle market cash flow transactions.
• Assist with expanding the US lending platform per OakNorth's conveyed strategy.
• Live all OakNorth values and be a culture carrier.
• Leverage GenAI tools to increase productivity and enhance decision-making processes within the role.

Benefits

• 401k plan with Principal (ON match up to 4%)
• Medical Care (managed through Insperity) - employees can add their family to their plan if needed
• Dental & Vision bundle
• Insperity Health Savings Account Program
• EAP
• 20 days Holiday

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed