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NY or DC Structured Finance Associate

Company Description

Who we are

We are one of the largest international law firms in the world. With over 30 offices across the globe, we strive to exceed the expectations of our clients, providing them with the highest-quality advice and legal insight, which combines the firm’s global standards with in-depth local expertise.

Our firm, work and people span jurisdictions, cultures, and languages. We offer our clients a truly international perspective. We believe every career should be rewarding and stimulating - full of opportunities to learn, thrive, and grow. That’s why we’re so proud of our inclusive, friendly, and team-based approach to work.

You’ll find our clients in commercial and industrial sectors, the financial investor community, governments, regulators, trade bodies, and not-for-profit organisations. But no matter who they are or why they’ve reached out to us, we provide a world-class service every step of the way. And that’s possible thanks to the entrepreneurial spirit and conscientious approach to work that you’ll find across all of our teams.

Whichever area of the business you join, you’ll become an integral part an innovative, diverse and ambitious team of people. Clifford Chance is a place where the brightest minds and the best of colleagues meet.

Job Description

The role

The New York / Washington, D.C. office of Clifford Chance US LLP seeks an associate level attorney to join its market-leading Structured Finance practice with experience representing issuers and sponsors of residential mortgage and consumer receivable financings, including RMBS, ABS, master repurchase facilities and warehouse facilities.

Clifford Chance US LLP offers a comprehensive benefits and compensation package. The salary range for this role is $225,000 to $235,000. Actual salary will be commensurate with the candidate's qualifications and relevant experience.

 

Qualifications

Your experience

The ideal applicant will possess the following qualifications:

  • Juris Doctor (J.D.) degree from an accredited US law school; 
  • High academic achievement;
  • Strong interest in the subject area, entrepreneurial and a team-player; 
  • Admitted to (or possessing the ability to waive into) the New York / D.C. Bar; and
  • Prior experience in a peer law firm

Preferred class years 2022-2023. Submissions must include a resume and law school transcript(s).

Additional Information

Equal opportunities statement

At Clifford Chance, we understand that our true asset is our people. Inclusion is good for our team and their families, our firm and society. 

We are committed to treating all employees and applicants fairly and equally regardless of their gender, gender identity and expression, marital or civil partnership status, race, colour, national or ethnic origin, social or economic background, disability, religious belief, sexual orientation, or age.  This applies to recruitment and selection, terms and conditions of employment including pay, promotion, training, transfer and every other aspect of employment.

We have a variety of flourishing employee networks. These networks are a place for colleagues to share experiences and advocate for change wherever they see an opportunity for improvement.

Our goal is to deliver an equality of opportunity, an equality of aspiration and an equality of experience to everyone who works in our firm. 

Find out more about our inclusive culture here.

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CEO of Clifford Chance
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Charles Adams
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Average salary estimate

$230000 / YEARLY (est.)
min
max
$225000K
$235000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About NY or DC Structured Finance Associate, Clifford Chance

Are you a driven attorney looking to take your career to the next level? Look no further than the Structured Finance Associate position at Clifford Chance US LLP in New York or Washington, D.C. As a market leader in structured finance, our team is looking for someone who is ready to dive deep into the complexities of the financial world. Imagine working on exciting projects that involve representing issuers and sponsors in residential mortgage-backed securities (RMBS), asset-backed securities (ABS), master repurchase facilities, and warehouse facilities. You'll be part of a vibrant, innovative team that values your contributions, whether you're brainstorming solutions for clients or tackling complex legal challenges. At Clifford Chance, we’re not just a law firm – we are a global community with a culture of inclusivity, ensuring that every voice is heard. You'll benefit from our comprehensive compensation package, with salaries ranging from $225,000 to $235,000, commensurate with your qualifications and experience. Our firm gives you the opportunity to expand your knowledge in a supportive environment where continued learning and professional growth are priorities. If you have a Juris Doctor (J.D.) from an accredited U.S. law school and a passion for structured finance, this is your chance to shine. Join us, and let's create a future of limitless possibilities together!

Frequently Asked Questions (FAQs) for NY or DC Structured Finance Associate Role at Clifford Chance
What are the responsibilities of a Structured Finance Associate at Clifford Chance?

As a Structured Finance Associate at Clifford Chance, you will be responsible for representing issuers and sponsors in various financing transactions. This includes working on residential mortgage-backed securities (RMBS), asset-backed securities (ABS), and consulting on master repurchase and warehouse facilities. Your expertise will help clients navigate the complexities of transactions, ensuring compliance with regulations while providing strategic legal insights.

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What qualifications do I need to apply for the Structured Finance Associate position at Clifford Chance?

To apply for the Structured Finance Associate role at Clifford Chance, candidates must possess a Juris Doctor (J.D.) degree from an accredited U.S. law school with a high academic achievement. You should also either be admitted to the New York or D.C. Bar or be eligible to waiver into it. Prior experience in a peer law firm and a strong entrepreneurial spirit will enhance your candidacy.

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What is the salary range for the Structured Finance Associate at Clifford Chance?

The salary range for the Structured Finance Associate position at Clifford Chance is between $225,000 to $235,000, depending on your qualifications and relevant experience. Alongside this competitive salary, the firm offers a comprehensive benefits package designed to support your professional and personal well-being.

Join Rise to see the full answer
Is prior experience necessary for the Structured Finance Associate job at Clifford Chance?

While prior experience is preferred for the Structured Finance Associate role at Clifford Chance, particularly within a peer law firm, candidates who demonstrate strong academic credentials and a keen interest in structured finance may still find success in the application process. We value both education and passion for the field.

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What is the work culture at Clifford Chance for a Structured Finance Associate?

The work culture at Clifford Chance is highly inclusive, friendly, and team-oriented, making it an engaging place to develop as a Structured Finance Associate. You'll be part of a diverse team that values collaboration and provides opportunities for growth and learning, all while delivering world-class legal service to clients.

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Common Interview Questions for NY or DC Structured Finance Associate
What experience do you have in structured finance transactions?

Be prepared to discuss any relevant experience you have with structured finance, such as your involvement in specific transactions, legal frameworks, or case studies. Highlight your role, the challenges faced, and successful outcomes to demonstrate your capabilities.

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How do you keep up to date with changes in financial regulations?

Express your strategies for staying informed on financial regulations, such as attending industry seminars, enrolling in continuing education courses, or following relevant legal publications. This shows your commitment to ongoing learning and adaptation to industry changes.

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Can you explain the difference between RMBS and ABS?

Explain that RMBS, or residential mortgage-backed securities, are backed by home loans, while ABS, or asset-backed securities, can include a variety of assets, such as credit card debt, auto loans, or student loans. Providing examples can demonstrate your understanding and command of structured finance concepts.

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Describe a challenging situation you faced in a previous role and how you handled it.

Choose a specific experience that highlights your problem-solving skills, resilience, and ability to work under pressure. Walk the interviewer through the situation, your actions, and the positive outcomes to illustrate your capabilities.

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What interests you about working in structured finance?

Share your genuine interest in structured finance, such as the analytical challenges it presents or the opportunity to impact the financial market. Relate this back to your personal experiences or studies that have drawn you to the field.

Join Rise to see the full answer
How do you prioritize and manage multiple projects within tight deadlines?

Discuss your time management strategies, such as creating to-do lists, setting deadlines, and maintaining open communication with your team. Highlight your ability to remain organized and focused under pressure.

Join Rise to see the full answer
What are the key legal considerations in drafting a financing agreement?

Mention important elements like compliance with federal and state laws, regulatory requirements, risk assessment, and clear definitions of terms. This shows your understanding of the nuances behind financing agreements.

Join Rise to see the full answer
Tell me about a time you worked effectively in a team.

Provide an example showcasing your teamwork skills, your role within the team, and how collaboration led to a successful outcome. Highlight your communication style and ability to adapt to different team dynamics.

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What role does due diligence play in structured finance transactions?

Emphasize the importance of due diligence in assessing risks, compliance, and the overall stability of the transaction. Discuss your experience or understanding of conducting thorough due diligence processes.

Join Rise to see the full answer
How do you approach client relationships in your work?

Describe your philosophy regarding client interactions, such as maintaining transparency, being responsive, and building trust through effective communication and delivering results. This conveys your understanding of the client-centric aspect of legal work.

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Clifford Chance offers you the opportunity to join a global law firm with one of the most pre-eminent legal practices in the world. Our firm, work and people span jurisdictions, cultures and languages. In a world where commercial success increas...

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Full-time, on-site
DATE POSTED
November 6, 2024

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