Position Summary
Leading financial guaranty insurance company is seeking a seasoned transactional lawyer to join a small team of highly-experienced transactional lawyers in New York and be responsible for providing legal advice and assistance on U.S. and international infrastructure finance transactions.
Position Description
- Support the deal origination teams responsible for U.S. and international infrastructure transactions in the structuring, negotiation and documentation of such transactions
- Work closely with the credit teams in New York and London responsible for vetting the transactions in identifying and potentially structuring around credit-related and other issues
- Assist the surveillance teams in New York and London with the ongoing monitoring of closed transactions (including assisting with transaction amendments, waivers and consents)
- Manage and ensure the effectiveness of external legal support where appropriate
Candidate Background
- At least 6 years of experience in a leading financial services law firm
- Strong experience with complex transactions, with a focus on infrastructure finance
- Sensitive to legal and commercial risks, including bankruptcy issues
- Excellent academic qualifications
- Excellent oral and written communications skills
- Organized self-starter who is able to work independently but seeks out views of legal and credit colleagues when required
- Ability to prioritize issues and manage outside counsel is critical
- Strong presentation and negotiation skills
- Willingness to take on varied tasks
Compensation
Annual base salary for the position is expected to be from $260,000 per year to $280,000 per year. The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus and long-term incentive awards.
What We Do
Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. For more than three decades, our insurance subsidiaries have helped to lower the cost of borrowing for municipalities and other issuers across the United States by guaranteeing a wide range of tax-exempt and taxable, investment-grade, municipal bonds that are supported by either tax revenues or revenues from essential public projects or services. From schools to clean water, from transportation projects to hospitals and more, we help municipalities build sustainable public infrastructure and better serve their residents, including their underserved and at-risk communities.
We are also active in the United Kingdom, Europe, Australia and other developed countries, where we guarantee public-private partnership, local authority and regulated utility financings. In structured finance, globally, we guarantee asset securitizations and craft custom applications of our guarantees to assist our institutional clients in managing their portfolio risk and capital. For investors, our value proposition includes not only the security of our unconditional, irrevocable guaranty but also our experienced credit selection, underwriting and surveillance. Our business model has proven its resilience through multiple business cycles, and we have demonstrated our commitment to maintaining the financial strength to protect our policyholders for the life of their insured investments.
In addition, our subsidiary Assured Investment Management LLC provides alternative investment management and advisory services to institutional and other qualified investors through our investment arm and offers a variety of credit-focused strategies and structured finance solutions.
