Job Description:
The Role
The FMR LLC Legal Department is seeking to hire a finance attorney to join the Asset Management Portfolio Management and Transactional Support 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 ), supporting FMR s Ballyrock Investment Advisor and additional exposure to real estate investments and bank loan trading.
As a key member of a dedicated HI&A legal team, you will be a critical advisor to the CLO team, 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. You will be the internal subject matter expert for all CLO legal issues, assisting with Form ADV and Form PF filings, staying current on regulatory matters (US, EU and Cayman) that impact HI&A, and primarily the CLOs, corporate governance matters, compliance issues and reacting 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 Expertise and Skills You Bring
- J.D with 8-10 years experience as a transactional attorney.
- Experience working on large finance transactions, including all types of securitizations and structured finance products. Candidates with significant CLO experience 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 projects with multiple counterparties.
- Ability to analyze relevant facts quickly and make reasoned risk-based decisions.
- Experience with the 40 Act, Advisers Act, 33 Act and 34 Act a plus.
- Strong contract negotiation skills required.
- 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 base salary range for this position is $124,000-$262,000 per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
Certifications:Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.
Join Us
At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity we offer a range of opportunities for learning so you can build the career you ve always imagined.
Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at .
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to .