Specialty Finance Transaction Counsel

Reposted 24 Days Ago
Be an Early Applicant
Redwood, CA, USA
In-Office
225K-275K Annually
Senior level
Financial Services
The Role
Provide end-to-end legal support for specialty finance and private credit transactions: structure, negotiate, document, execute, and manage post-close matters. Partner with investment teams and internal stakeholders, manage outside counsel, create scalable playbooks/templates, identify and mitigate legal risks, and support portfolio legal needs and investor-facing materials.
Summary Generated by Built In

The Specialty Finance Transaction Counsel will provide end-to-end legal support to the Specialty Finance business, partnering closely with investment professionals and internal stakeholders to structure, negotiate, and execute specialty finance and private credit transactions and related financing arrangements.

Responsibilities:

  • Advise the Specialty Finance investment team across the transaction lifecycle: structuring, diligence, negotiation, documentation, execution, and post-close matters.
  • Draft, review, and negotiate transaction documents, which may include (depending on strategy):
    • Purchase and sale agreements, loan purchase agreements, participation agreements
    • Credit agreements, intercreditor arrangements, amendments/waivers/consents
    • Servicing agreements, sub-servicing agreements, backup servicing arrangements
    • Custodial, collateral administration, and account control agreements
    • Confidentiality agreements, term sheets, commitment letters, engagement letters
  • Support asset-backed and specialty finance facilities (e.g., warehouses, repurchase facilities, secured financing arrangements, subscription/other fund-level facilities as applicable), including negotiating facility terms and coordinating closings.
  • Partner with internal teams (Compliance, Risk, Tax, Finance, Operations, Valuation, and Investor Relations as needed) to ensure transactions are executed in line with internal policies, regulatory requirements, and commercial objectives.
  • Manage outside counsel efficiently: scope work, control cost, drive timelines, and ensure high-quality deliverables.
  • Create and maintain scalable legal processes for repeatable transaction types (templates, playbooks, negotiation guides, closing checklists, and issue trackers).
  • Identify, evaluate, and communicate legal and structural risks; propose practical solutions that preserve investment intent and execution speed.
  • Support ongoing legal needs for portfolio assets and platforms, including amendments, consents, enforcement-related documentation support (as needed), and interpretation of contractual rights and obligations.
  • Assist with review of investor-facing or counterparty-facing materials as appropriate (e.g., transaction summaries, side letters/consent considerations, risk disclosures related to transactions).
  • Contribute to broader Legal team initiatives, including governance, policy implementation, and continuous improvement of deal execution and documentation standards.

Qualifications:

  • J.D. from an accredited law school and active bar membership in good standing.
  • Approximately 5 years of transactional legal experience, ideally with a leading law firm and/or in-house at an asset manager, private credit firm, bank, or specialty finance platform.
  • Strong experience drafting and negotiating complex commercial and financing agreements with limited supervision.
  • Ability to manage multiple concurrent transactions in a fast-paced environment, prioritize effectively, and consistently meet deadlines.
  • Excellent judgment, communication skills, and the ability to translate legal risk into clear, actionable business guidance.
  • High integrity, strong ownership mindset, and comfort working directly with senior investment professionals and stakeholders.

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Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.

Compensation Details

The salary range for this role is $225,000-$275,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact [email protected].

Learn about the Applicant Privacy Notice.

Skills Required

  • J.D. from an accredited law school and active bar membership in good standing.
  • Approximately 5 years of transactional legal experience.
  • Experience drafting and negotiating complex commercial and financing agreements with limited supervision.
  • Experience at a leading law firm and/or in-house at an asset manager, private credit firm, bank, or specialty finance platform.
  • Experience with specialty finance/asset-backed facilities (warehouses, repurchase facilities, secured financing) and related documentation.
  • Ability to manage multiple concurrent transactions, prioritize effectively, and meet deadlines.
  • Excellent judgment, communication skills, and ability to translate legal risk into clear, actionable business guidance.
  • High integrity, strong ownership mindset, and comfort working directly with senior investment professionals and stakeholders.
  • Authorization to work in the United States without the need for current or future visa sponsorship.

Neuberger Berman Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Neuberger Berman and has not been reviewed or approved by Neuberger Berman.

  • Retirement Support Employer-funded retirement contributions are widely highlighted as a standout perk that materially strengthens total rewards. Feedback suggests this benefit often offsets concerns about lower cash compensation.
  • Healthcare Strength Comprehensive medical, dental, and vision coverage is characterized as solid and reliable. Feedback suggests health benefits are a stable pillar of the package.
  • Leave & Time Off Breadth PTO and paid leave are commonly viewed as supportive within the industry context. Feedback suggests time-off policies contribute meaningfully to perceived overall value.

Neuberger Berman Insights

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The Company
HQ: New York, NY
2,667 Employees
Year Founded: 1939

What We Do

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,400 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. For important disclosures: http://www.nb.com/linkedin

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