Counsel - Capital Markets and Commercial Transactions

Steel Partners • New York, NY

6d

About The Position

WebBank is seeking a transactional lawyer to support the Bank’s day-to-day legal and commercial needs, including structured finance and fintech transactions. The Counsel will provide practical, risk-based advice across the organization and deliver commercial and transactional support to business teams. The role combines independent responsibility with collaboration on high-profile projects at a bank focused on fintech and digital lending. It reports directly to the VP, Deputy General Counsel – Corporate & Capital Markets.

Requirements

• Four to seven years of finance transactional experience at a leading law firm.
• Significant experience drafting and negotiating core transaction documentation for financing facilities and commercial transactions, including nondisclosure agreements, term sheets, loan agreements, and ancillary documents.
• Ability to collaborate effectively with cross-functional teams.
• Proven ability to work independently and drive projects to completion with minimal supervision.
• Flexibility, a self-starting attitude, and a strong work ethic in a fast-paced, evolving environment.
• Strong interpersonal skills and ability to build relationships with key organizational stakeholders.
• Strong organizational skills and ability to manage multiple projects, meet deadlines, and adjust to shifting priorities.
• Desire for personal growth and eagerness to take on new challenges and responsibilities.
• Excellent written and oral communication skills, including the ability to explain complex legal concepts clearly and concisely.
• Experience working with legal and business professionals on cross-functional teams or projects.
• J.D. from an accredited law school.
• Active membership in good standing of a U.S. state bar.

Nice To Haves

• Structured finance or asset finance experience.

Responsibilities

• Provide day-to-day legal advice across the organization and partner with cross-functional teams to deliver practical, risk-based guidance.
• Review, draft, and negotiate contracts, including confidentiality agreements, credit bureau agreements, technology services agreements, term sheets, financing documents, and partnership agreements.
• Support the Bank’s financing efforts and work with outside counsel, internal counsel, and the Bank’s asset finance team on financing transactions.
• Partner with Treasury, Compliance, IT, Asset Finance, and Business Development on deal structuring and commercial contractual support.
• Supervise outside counsel.

Benefits

• Generous paid time off and paid parental leave.
• Employer-paid medical, dental, and vision coverage, plus health savings accounts.
• 401(k) matching of up to the first 6 percent of employee contributions; employee contributions and the employer match are immediately fully vested.
• Employer-paid life insurance and long- and short-term disability insurance.
• Tuition reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree