This job can be located in any of the following locations: Boston MA, Jersey City NJ, Merrimack NH, Smithfield RI, Durham NC, Covington KY or Westlake TX
The FMR LLC Legal Department is seeking to hire a finance attorney to join the Asset Management, Portfolio Investments Legal team supporting the Fidelity High Income and Alternatives Division (“HI&A”). In this role, you will actively work on debt transactions on both the buy and sell side, with a focus on issuing collateralized loan obligations (“CLOs”) and additional exposure to distressed debt, special situations, real estate investments and bank loan trading.
As a key member of a dedicated HI&A legal team, you will be involved in each aspect of the creation, issuance and maintenance of Fidelity’s CLOs. You will work closely with outside counsel reviewing investor, rating agency and trustee comments, and delivering Fidelity’s feedback. In addition to deal work, you will assist with Form ADV filings, stay current on regulatory matters (US, EU and Cayman) that impact HI&A, corporate governance matters, compliance issues and react to day-to-day legal issues as they arise. You will work closely with portfolio managers, traders and communicate regularly with investment banks, trustees, and other service providers on CLO transactions. The work is dynamic, challenging, fast paced, and engaging.
The Skills You Bring
Ability to work independently under pressure in a dynamic environment that will require you to manage multiple, competing tasks simultaneously.
Ability to work as a team member in a team context; ability to build relationships with a range of lawyers and non-lawyers across the company.
Willingness to exercise independent judgment.
Highly organized, self-motivated and self-directed, but comfortable with reporting lines that require obtaining approvals and buy-ins from numerous constituents.
Strong communications and presentation skills, including the ability to communicate complex legal concepts clearly and efficiently to non-lawyers
Excellent writing and analytic skills.
The Expertise We’re Looking For
J.D with 4-8 years’ relevant experience as a transactional attorney.
Experience working on large finance transactions, including all types of securitizations and structured finance products, with some exposure to or experience with CLOs a plus.
Candidates with experience working on special situations, bankruptcy, distressed debt, private credit, leveraged finance, bank loan trading, real estate finance transactions with a willingness to learn and support Fidelity’s CLO platform will be strongly considered.
Law firm or equivalent experience required.
Experience must include reviewing and negotiating transaction documents, including but not limited to, credit agreements, Indentures, offering materials, marketing materials, and management agreements.
Experience working on large scale complex transactions with multiple counterparties.
Experience with the’40 Act, Advisers Act, 33’ Act and 34’ Act a plus.
At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.
Fidelity Investments is an equal opportunity employer.