Senior Counsel and Director, Alternative Credit

Liberty MutualNew York, NY
50d

About The Position

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual. With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long-term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side-by-side with our partners, and generate superior risk-adjusted returns that secure Liberty's promises. LMI offers the best of both worlds - the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best. Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology-with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future. The Alternative Credit Senior Counsel and Director is a newly created role and key legal advisor to Liberty Mutual Investments' Alternative Markets platform supporting the Head of Alternative Credit. The Senior Counsel, Alternative Credit will leverage their demonstrated expertise in asset-backed financing across a wide variety of asset classes and structures. Exposure to a broad spectrum of asset classes-including consumer, commercial, energy and infrastructure, fund finance and residential-is essential, as is the ability to navigate emerging areas such as FinTech-originated receivables. Success in this position will be driven by a collaborative, solutions-oriented mindset, a commitment to legal excellence, and the ability to build constructive relationships with both internal and external stakeholders. The Senior Counsel, Alternative Credit will play a critical role in enabling Liberty Mutual Investments to optimize deal execution, manage legal risks, and maintain best-in-class operational and legal standards across its growing alternative credit portfolio.

Requirements

  • Legal Excellence: Significant relevant experience at leading law firm and/or corporate environments; JD and admission in good standing to a US jurisdiction.
  • Alternative Credit Transactions: Substantial experience structuring and negotiating structured finance transactions such as asset securitizations, warehouse financings, energy and infrastructure finance, forward flow purchase facilities.
  • Stakeholder Management: Demonstrated ability to navigate complexity and drive consensus as well as build and nurture relationships with internal and external stakeholders including but not limited to regulators and business partners.
  • Relevant Asset Class Exposure: Transactional experience with a variety of asset types such as: consumer loans and receivables; business loans, including CLOs; trade receivables and residential and commercial mortgage loans.
  • Action Orientation: Self-starter with a bias for action and implementation; motivated and energized by the opportunity to impact and actively contribute to company objectives. Assertive, takes ownership in overcoming setbacks, driven by sustainable energy, passion for excellence and optimism.
  • Business Partnership: Ability to contribute as a collaborative senior lawyer and business partner who understands balancing risk with organizational growth and realization of commercial goals. Excellent judgment; ability to proactively and pragmatically move with the pace of the business.
  • Presence & Interpersonal Style: Excellent interpersonal skills with the ability to build strong relationships. Ability to represent the company with high credibility. Ability to inspire performance and commitment. Personal dynamism.

Responsibilities

  • Structure, negotiate, and execute complex structured finance transactions including but not limited to asset securitizations, financings across the capital structure, , and forward flow purchase facilities.
  • Advise on the financing and acquisition of a broad spectrum of asset types, such as consumer loans and receivables (including FinTech and marketplace-originated assets), commercial loans (including small business loans, equipment financing), energy & infrastructure finance, and residential/commercial mortgage loans.
  • Collaborate closely with investment professionals, portfolio managers, and other business stakeholders to support portfolio construction, underwriting, and ongoing monitoring of investments.
  • Build and maintain effective working relationships with internal partners (legal, risk, compliance, investments, senior management) and external constituencies (borrowers, lenders, outside counsel, and other business partners).
  • Monitor developments in relevant legal and regulatory frameworks; ensure transactions and structures comply with legal requirements.
  • Facilitate consensus-building among diverse stakeholder groups and lead negotiations through complex and ambiguous matters, ensuring efficient and pragmatic resolution of interparty issues.
  • Develop and implement best practices for legal risk mitigation and transaction efficiency across the alternative credit platform; ensure best practices are followed in engagement with new asset classes, lending platforms, and innovative financial structures.
  • Monitor and interpret developments in law and market trends affecting structured finance and alternative credit investments, proactively advising the business and adapting strategies accordingly.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Education Level

Ph.D. or professional degree

Number of Employees

5,001-10,000 employees

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