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Debt Finance Paralegal II

Job ID: 5118

Updated: Aug 8, 2019

Location: New York, NY, United States

Category: Paralegal


About Kirkland & Ellis

Kirkland & Ellis LLP is a preeminent, full-service law firm with offices around the world and a staff as diverse as the practice areas we support. Our clients range from Fortune 100 companies to medium and small corporations, financial institutions, and private equity firms.  Known for our commitment to excellence, Kirkland strives to provide superior service to our clients as well as our fellow employees. From Information Technology to Human Resources, Paralegal Services to Business Development, Kirkland offers non-attorney professionals challenging careers in a variety of functional areas. Whether starting or growing your career, Kirkland can offer a performance-driven culture filled with bright and innovative teams of co-workers.

Essential Job Functions

The New York office of Kirkland & Ellis LLP is seeking a Debt Finance Paralegal who will support multiple Corporate Partners and the overall practice on a variety of deals.

ESSENTIAL FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary.)

Closing Conditions:

  • Review closing checklist and conditions precedent section of loan agreement to determine closing deliverables.
  • Determine loan parties.

UCC Matters:

  • Order lien searches from vendor.
  • Review lien search results and prepare lien summary.
  • Review/Draft UCC-1 financing statements and UCC-3 financing statements.

Organizational Documents and Good Standing Certificates:

  • Order charters and good standing certificates from vendor.
  • Communicate any good standing status issues to K&E attorneys/company.
  • Determine actions needed to restore company’s good standing status.
  • Obtain bylaws/operating agreements from K&E attorneys.
  • Organize charters, bylaws/operating agreements and good standing certificates on DMS.

Resolutions and Certificates:

  • Draft resolutions, secretary’s certificates and officer’s/closing certificates.
  • Assist with distribution of resolutions, secretary’s certificates and officer’s/closing certificates to lender’s counsel for review.
  • Make any necessary revisions to resolutions, secretary’s certificates and officer’s/closing certificates.

Original Collateral:

  • Obtain copies of original securities to be pledged (e.g., stock/unit certificates, notes).
  • Draft stock/unit powers and/or endorsements.
  • Assist with delivery of original securities to lender’s counsel.

Signature Pages:

  • Obtain director and officer lists for each loan party.
  • Prepare signature pages packets for attorney review.
  • Distribute signature page packets to signatories for execution.
  • Review and organize executed signature pages.

Closing:

  • Order bring down letter.
  • Compile closing deliverables (e.g., borrowing notice, secretary’s certificates, officer’s/closing certificates, perfection certificate, solvency certificate).
  • Distribute executed signature pages and closing deliverables to lender’s counsel (in escrow).

Post-Closing:

  • Save executed versions and final versions of closing documents to subfolders on DMS.
  • Compile and arrange for delivery of original executed signature pages and closing deliverables to lender’s counsel.
  • Prepare electronic copy closing sets.
  • Distribute original executed resolutions to the holder of the corporate minute books.

OTHER FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary. Delete if not applicable.)

  • Any other functions/duties as assigned by management.

Qualifications & Requirements

Education, Work Experience, Skills

The ideal candidate will possess 5+ years of debt finance experience.  Additional experience in one or more areas including M&A, private equity, asset-backed securitization, fund formation, investment management and/or venture capital is a plus.  A Bachelor’s degree is required. Additional qualifications include excellent analytical and organizational abilities, solid communication skills, strong computer abilities, creativity, and initiative.  Flexibility for travel and overtime is required.

Technologies/Software

    • N/A

    Certificates, Licensures, Registrations

    • Paralegal certificate is preferred.

    Tools and Equipment

    • N/A

    WORK ENVIRONMENT

    • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.

     

     

    How to Apply

    Thank you for your interest in Kirkland & Ellis LLP.  To complete an application and submit your resume, please click "Apply Now."

    Equal Employment Opportunity

    All employment decisions, including the recruiting, hiring, placement, training availability, promotion, compensation, evaluation, disciplinary actions, and termination of employment (if necessary) are made without regard to the employee’s race, color, creed, religion, sex, pregnancy or childbirth, personal appearance, family responsibilities, sexual orientation or preference, gender identity, political affiliation, source of income, place of residence, national or ethnic origin, ancestry, age, marital status, military veteran status, unfavorable discharge from military service, physical or mental disability, or on any other basis prohibited by applicable law.

    Closing Statement

    The www.kirkland.com job postings and recruiting mailbox are for candidates only. If you are a recruiter, search firm or employment agency, and do not have a signed contract with Kirkland & Ellis LLP ("K&E") and have not been asked specifically to submit candidates, you will not be compensated in any way for your referral of a candidate even if K&E hires the candidate. Direct contact with K&E employees in an attempt to present candidates is inappropriate and will be a factor in determining any future professional relationship with the Firm.

     
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