Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. 

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We’re Looking For

We are a team of 10+ US attorneys that ensure the legal needs of Cross River’s internal teams are supported across business units. In the role of Legal Associate - Capital Markets, you will be reporting to and supporting the Associate General Counsel - Capital Markets on complex structured finance transactions and investment advisory matters.  You will have the opportunity to work with internal businesses and will be expected to provide actionable advice and guidance. You exhibit strong judgement, market knowledge, and decision-making skills which support your successful management of projects and transactions and oversee outside counsel, as necessary.

Responsibilities:

• Work closely with the capital markets, direct lending ,broker-dealer  and the investment banking teams representing Cross River in various market participant roles, i.e., sponsor, asset contributor and issuer, loan investor, loan seller, underwriter, placement agent, asset-backed lender, loan servicer, and loan originator
• Assist in the development of capital markets legal standard operating policies, procedures and programs
• Assist in the  drafting, negotiating and reviewing of key transaction agreements with respect to credit facilities, purchases and sales of financial assets, securitizations, non-disclosure agreements, engagement letters and other legal documents related to financing transactions spanning various asset classes
• Identifying and relaying issues to deal team/internal stakeholders for discussion and resolution
• Assist with the legal deal process from pre-closing through post-closing activities
• Stay informed of changes to relevant law and regulations and advising legal team and capital markets team about any impact to the business
• Provide clear and concise guidance to business units, particularly on novel and complex legal issues
• Proactively collaborate with stakeholders across the enterprise, including compliance, technology, risk, operations, and other key partners
• Support new capital markets product development and implementation
• Support Cross River broker-dealer with preparation and negotiation of engagement letters and resulting debt and/or equity transactions
• Support other projects for the legal department as necessary

Skills and Qualifications:

Technical Skills:

• Hold a Juris Doctorate (J.D.) degree from a recognized U.S. university
• Licensed to practice law in a U.S. state (NY/NJ preferred)
• 3-5 years of legal experience, either with a recognized U.S. law firm or in-house with a financial institution, fintech company or technology company
• Strong working knowledge of complex corporate transactions, capital markets activity, marketplace lending platforms and general corporate law
• Experience in structured finance (Asset Backed Securities preferred), warehouse lending, securitizations, and loan and participation sales
• Experience at a firm or in house managing transactions on behalf of issuers and underwriters
• Experience with broker dealers, investment advisory, or related financial services practice is a plus
• Possesses the ability to anticipate legal issues/risk and guide accordingly, including seek creative, innovative solutions for complex business matters

Personal Skills:

• Can work independently, yet embraces teamwork and contributes to a supportive inclusive work environment
• A strong leader who has the ability to both work within, as well as coordinate the work of external counsel
• Excellent work ethic and the ability to persevere through time sensitive transaction cycles and meet deadlines while multi-tasking and prioritizing matters in a fast-paced team environment
• High degree of professional ethics and integrity and exceptional attention to detail
• Excellent judgement, analytical skills and decision making with a willingness to think “outside the box”
• Possesses outstanding oral and written communication and research skills (with ability to communicate effectively with senior management)
• Has a sincere interest in career development in fintech capital market transactions

#LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range: $220,000.00 - $250,000.00