iLocatum

Philadelphia, PA

Mortgage Loan Repurchase Facility/Warehouse Lending Associate Attorney – PA

Mortgage Loan Repurchase Facility/Warehouse Lending Associate Attorney - PA

Location: Philadelphia, PA

Our client, an esteemed AmLaw 50 law firm renowned for its top-ranked Global Finance practice, is in search of a talented Mortgage Loan Repurchase Facility/Warehouse Lending Associate Attorney to join their team in beautiful Philadelphia.

The firm represents both lenders and borrowers in the realm of highly intricate mortgage loan warehouse transactions by leveraging the power of repurchase facilities and loan-on-loan arrangements. Highly recognized within the industry, this team stands at the forefront of this space, providing guidance to major warehouse facility providers in the thriving commercial real estate market.

Candidate Profile

    • Must possess a JD from a top-tier law school with a remarkable academic background.
    • An active Bar Admission in Pennsylvania is mandatory.
    • Proven 3-8 years of experience in handling mortgage loan warehouse facility transactions.
    • Exposure to repurchase facilities and warehouse lending.
    • Demonstrated track record in preparing and negotiating term sheets and transaction documents for financing facilities.
    • Aptitude in managing crucial aspects of transactions from term sheet to closing, while serving as a key team member.
    • Past experience in commercial or residential mortgage loan warehouse transactions would be advantageous, though a background in general ABS warehouse experience will be considered as well.
    • Prior experience in a large law firm is highly preferred.

Key Responsibilities

  • Offer guidance to lenders and borrowers in structuring, negotiating, and executing mortgage loan warehouse transactions, encompassing repurchase facility and loan-on-loan structures.
  • Prepare, review, and negotiate critical transaction documents, including term sheets, repurchase agreements, and associated financing documents.
  • Oversee transaction processes by cooperating with deal teams from the initial structuring phase until the closing stage.
  • Provide strategic counsel regarding financing facilities and related regulatory considerations.
  • Stay updated on emerging trends in mortgage loan repurchase facilities and warehouse lending, enabling the provision of innovative legal solutions to clients.

Why Join?

This exceptional opportunity enables you to collaborate with a market-leading Global Finance practice that plays a pivotal role in shaping the world of commercial real estate finance. The position offers highly competitive compensation, commensurate with class year and experience, with a starting salary of $260,000 or more, along with a comprehensive benefits package. Associates will gain hands-on experience, providing advice to top-tier clients in sophisticated transactions, while working alongside some of the industry's most esteemed finance attorneys. The firm fosters a dynamic and collaborative environment, providing robust professional development resources and mentorship opportunities.

Application Requirements:

Interested candidates should submit their resume, law school transcript, and a writing sample.

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