Associate General Counsel

First Eagle Investments•New York, NY

5d•$200,000 - $250,000•Hybrid

About The Position

Napier Park is seeking an Associate General Counsel for our Legal team to sit in our New York office. The successful candidate will work closely with our investment professionals, portfolio management teams, operations personnel, finance professionals, and external counsel on all aspects of our CLO platform. Napier Park manages nearly 70 CLOs representing approximately $26 billion of assets under management as of March 31, 2026, across U.S. and European broadly syndicated loan CLOs and middle-market CLOs. This role offers significant exposure to the full lifecycle of CLO transactions, including new issue transactions, refinancings, resets, warehouse facilities, amendments, and ongoing CLO administration. The successful candidate will be intellectually curious, highly organized, and comfortable operating in a collaborative investment-management environment. The role requires a lawyer who can move beyond pure document drafting and become a trusted advisor to investment professionals, helping execute transactions efficiently while balancing legal, commercial, and regulatory considerations. The position offers broad exposure to senior management, portfolio managers, capital markets professionals, and the full spectrum of CLO-related activities across a large and active platform. The position is ideal for a candidate currently practicing at a leading law firm with substantial CLO management, structured finance, securitization, leveraged finance, or related experience who is interested in transitioning to a dynamic in-house role.

Requirements

Undergraduate and JD degrees, and license to practice law required
4 to 8 years of relevant legal experience
Significant experience representing CLO managers, arrangers, underwriters, issuers, or other market participants in CLO transactions.
Strong familiarity with: CLO documentation and structures, Structured finance and securitization transactions, Leveraged loans and credit markets, Warehouse financing arrangements.
Ability to manage multiple transactions simultaneously in a fast-paced environment.
Strong drafting, negotiation, analytical, and project management skills.
Excellent judgment and ability to provide practical, business-oriented legal advice

Nice To Haves

Experience with European CLOs and/or middle-market CLOs is a plus.

Responsibilities

Serve as a key legal team member on CLO management and investment transactions, including: New issue CLOs, CLO resets/refinancings, Warehouse financings, Risk retention and regulatory-related transactions.
Coordinate transaction negotiation and execution among internal stakeholders, outside counsel, arrangers, investors, issuers, underwriters, trustees, collateral administrators, rating agencies, and other transaction participants.
Review and negotiate transaction documentation, including: Indentures and trust deeds, Offering documents, Collateral management agreements, Warehouse agreements, Subscription documents, Engagement agreements, Investor Side letters, Risk retention and retention financing agreements, Ancillary transaction documents.
Manage transaction timelines and closing processes from launch through closing.
Advise investment professionals regarding CLO governing documents and transaction constraints.
Analyze indenture/trust deed provisions and provide practical guidance regarding: Eligibility criteria, Concentration limitations, Coverage tests, Reinvestment and post-reinvestment provisions, Trading restrictions, Bespoke transaction features.
Assist in evaluating proposed amendments, restructurings, workouts, and other portfolio-related matters affecting CLO investments.
Monitor developments affecting the CLO and leveraged finance markets, including U.S. and European regulatory developments.
Advise internal stakeholders regarding applicable securities, risk retention, structured finance, and investment management regulations.
Assist with regulatory and disclosure matters related to CLO issuance and ongoing management activities.
Coordinate with compliance and other internal control functions on relevant legal and regulatory issues.
Manage relationships with outside counsel across multiple transactions and jurisdictions.
Review legal advice and transaction documents to ensure consistency with firm objectives and market standards.
Coordinate with trustees, collateral administrators, placement agents, arrangers, accountants, rating agencies, and other service providers.
Participate in the development of new CLO products, structures, and financing solutions.
Assist with strategic initiatives involving: U.S. and European BSL CLO platforms, Middle-market CLOs, Fund financing arrangements, Warehouse facilities, Capital markets transactions.
Support acquisitions, joint ventures, and other business initiatives involving the CLO platform.
Contribute to process improvements and scalability initiatives across the legal function.