Legal Counsel Equipment Finance

Position Overview

Navistar Financial Corporation (NFC), the finance arm of the International Motors, LLC, has an exciting opportunity for an Equipment Finance Counsel. This position is dedicated to providing legal support across all product lines to support NFC’s mission to become a leading captive finance company in the United States.

NFC is seeking an attorney who has commercial lending experience and is forward thinking with respect to the transformation of our changing industry. This position also will provide assistance in strategic decisions, compliance related matters, risk assessment, product and service development and training. The position reports to the General Counsel of NFC and will be located in Lisle, IL, USA.

Responsibilities

• Supports sales, operations, credit, capital markets and treasury and other business functions in developing and implementing and revising necessary legal policies, procedures and documentation for commercial truck, tractor, trailer, bus and other specialized transportation and commercial equipment financing products in the United States.
• Negotiates and documents a variety of commercial lending, leasing, syndication, warehouse, capital markets, working capital, retail finance and wholesale transactions.
• Provides legal guidance on regulatory compliance matters, including state finance company licensing, anti-corruption (FCPA), competition law, anti-money laundering, know-your-customer, data privacy, and commercial finance regulations, and related training and policy development.
• Provides legal support for the management, restructuring, workout, recovery and enforcement of troubled transactions and litigation/bankruptcy oversight.
• Drafts, reviews, and negotiates a broad range of commercial agreements, including vendor contracts, confidentiality agreements, service agreements, lease and loan amendments and other documents.
• Advises business stakeholders on strategic initiatives, new products and services, operational processes, risk management, and emerging legal and regulatory developments.
• Supports corporate governance, internal policies and procedures, including contract management, records retention, and other legal department initiatives.
• Participates in cross-functional projects relating to business growth, operational efficiency, digital transformation, regulatory developments, and continuous improvement initiatives.
• Manages outside counsel and other external advisors, including oversight of legal spend, project management, and alignment with company objectives.

Minimum Requirements

• Juris Doctor Degree (JD) and at least 5 years of experience as an attorney
• At least 1 year of lead experience

Additional Requirements

• Qualified candidates, excluding current employees, must be legally authorized on an unrestricted basis (US Citizen, Legal Permanent Resident, Refugee or Asylee) to be employed in the United States. We do not anticipate providing employment related work sponsorship for this position (e.g., H-1B status)

Desired Skills

• Minimum of three (3) years of experience in commercial transactions, preferably equipment leasing and financing and in a firm practice and in-house.
• Direct work experience in negotiating contracts and documenting financing transactions.
• Legal expertise in one or more of the following categories a plus: UCC Article 2A and Article 9 transactions, marketing of financing of vehicles, regulatory and compliance issues, e-documents and data privacy, financing of autonomous and/or electric vehicles, insurance, electronic signatures and/or e-chattel paper, securitization.
• Willingness to branch out and gain experience in other legal areas.
• Creativity in providing alternative legal strategies and structures.
• Flexibility and ability to multitask and manage a variety of projects with shifting priorities.
• Strong oral and written communicator with an aptitude for critical thinking and a demonstrated ability to explain complex issues clearly and accurately to a non-legal audience.
• Demonstrated commitment to compliance, integrity, and quality.
• Strong ability to identify and resolve legal issues quickly and effectively and make on-the-spot risk calls.
• Ability to prioritize conflicting demands from multiple business clients in a fast-paced environment.
• Ability to collaborate, build relationships, gain credibility, and partner effectively with others throughout the organization.
• Self-directed, solution-focused individual with strong work ethic and the ability to collaborate cross-functionally to achieve enterprise-wide results.
• Ability to strategically guide the organization through change and inspire others to get involved and solve problems.
• Knowledge and experience in key legal trends that impact the business.
• Ability to respectfully speak up, exchange feedback and provide guidance with confidence.
• Demonstrated ability to build effective working relationships with colleagues worldwide from many different cultures.

Benefits and Compensation

This position offers competitive market-based compensation, along with a comprehensive benefits package designed to support employee wellbeing. You can learn more about the benefits offered for this position by visiting https://careers.international.com/#benefits.

The expected salary offered for this position will fall within the stated range, with the final offer based on the candidates' applicable skills, knowledge, and experience.

Company Overview

About TRATON
With its brands Scania, MAN, International, and Volkswagen Truck & Bus, TRATON SE is the parent and holding company of the TRATON GROUP and one of the world’s leading commercial vehicle manufacturers. The Group’s product portfolio comprises trucks, buses, and light-duty commercial vehicles. “Transforming Transportation Together. For a sustainable world.”: this intention underlines the Company’s ambition to have a lasting and sustainable impact on the commercial vehicle business and on the Group’s commercial growth.

About International
From a one-man company built on the world-changing invention of the McCormick reaper in 1831, to the 15,000-person-strong company we are today, few companies can lay claim to a history like International. Based in Lisle, Illinois, International Motors, LLC* creates solutions that deliver greater uptime and productivity to our customers throughout the full operation of our commercial vehicles. We build International® trucks and engines and IC Bus® school and commercial buses that are as tough and as smart as the people who drive them. We also develop Fleetrite® aftermarket parts. In everything we do, our vision is to accelerate the impact of sustainable mobility to create the cleaner, safer world we all deserve. As of 2021, we joined Scania, MAN and Volkswagen Truck & Bus in TRATON GROUP, a global champion of the truck and transport services industry. To learn more, visit International.com.

*International Motors, LLC is d/b/a International Motors USA in Illinois, Missouri, New Jersey, Ohio, Texas, and Utah.

EEO Statement

We are an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you are a qualified individual with a disability and require a reasonable accommodation to access the online application system or participate in the interview process due to your disability, please email [email protected] to request assistance. Kindly specify Job Requisition Number / Job Title and Location in response. Otherwise, your request may not be considered.