Finance Associate (Restructuring & Special Situations Finance)

Job Description

Job Description

Direct Counsel is seeking a Finance Associate to join a market-leading Business Restructuring & Reorganization practice. This is an exceptional opportunity for an attorney with restructuring finance experience to work on high-profile creditor-side and borrower-side matters involving complex restructurings, special situations transactions, and Chapter 11 proceedings.

While the position is open to multiple offices, New York is strongly preferred .

The ideal candidate will have experience representing creditors, borrowers, hedge funds, private equity sponsors, CLOs, and other financial institutions in sophisticated restructuring and special situations financings.

Locations

• New York (Preferred)
• Open to other U.S. offices

Responsibilities

• Advise creditors, borrowers, and financial institutions on complex restructuring and financing transactions
• Represent clients in:
  • Liability management transactions
  • Debtor-in-possession (DIP) financings
  • Bankruptcy exit financings
  • Special situations financings
  • Out-of-court restructurings
  • Chapter 11 matters
• Structure, negotiate, and document sophisticated financing transactions
• Draft and negotiate credit agreements, financing documents, and related transaction materials
• Work closely with hedge funds, CLOs, private equity sponsors, and institutional lenders
• Analyze capital structures and restructuring alternatives
• Collaborate with restructuring, finance, bankruptcy, and litigation teams on complex matters
• Participate in strategic planning and transaction execution from inception through closing

Qualifications

• J.D. from an accredited law school
• Law school class years 2019–2023
• Significant finance experience involving one or more of the following:
  • Liability management transactions
  • DIP financings
  • Bankruptcy exit financings
  • Special situations financings
  • Restructuring finance
  • Chapter 11 matters
  • Out-of-court restructurings
• Experience representing creditors and/or borrowers
• Strong drafting and negotiation skills
• Excellent analytical and problem-solving abilities
• Strong organizational and project management skills
• Outstanding oral and written communication skills
• Strong academic credentials

Compensation & Benefits

• Salary range: $235,000 – $390,000
• Compensation based on experience, qualifications, and other operational considerations
• Discretionary performance-based bonus opportunities
• Comprehensive healthcare benefits
• Retirement benefits
• Flexible Spending Accounts (FSA)
• Paid vacation and sick time
• Parental leave
• Basic life insurance

Why This Opportunity

• Join a market-leading restructuring and special situations finance practice
• Work on some of the most significant restructuring transactions in the market
• Represent sophisticated financial institutions, hedge funds, CLOs, and private equity sponsors
• Gain substantial responsibility and direct client exposure
• Handle both Chapter 11 and out-of-court restructuring matters
• Collaborate with nationally recognized restructuring and finance attorneys

Direct Counsel is committed to connecting exceptional legal talent with premier law firms and fostering inclusive hiring practices.