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About the Role
This position supports the Legal and Compliance Department by handling litigation and collections matters, protecting the company against undue risk exposure, and contributing to overall legal and compliance objectives.
Responsibilities
- Supports various business departments including asset management, servicing, and collections.
- Negotiates pre-litigation disputes, including counterparty outreach, settlements, workouts, and intercreditor arrangements.
- Handles litigations, including motion preparation, court appearances, and case management.
- Advises company on third-party and vendor relationships regarding efficiency, reporting, and asset management.
- Stays current on regulatory, legal, and industry developments.
- Updates financing agreements, internal processes, and documentation.
- Supports General Counsel and Associate General Counsel in company-level initiatives and special projects.
Requirements
- Licensed to practice law in the State of New York.
- Must be authorized to work for any employer in the US.
- JD with a minimum of 1 to 5 years of experience, preferably at a significant law firm, within an in-house legal department, and/or as a workout specialist in the financial services industry.
- Commercial negotiation skills.
- Experience in financial transactions.
- Familiarity with commercial lending and sales-based financings.
- Ability to quickly learn business requirements, analyze legal and commercial risks, and propose creative, business-oriented solutions.
- Proactive approach to legal and risk mitigation for growing companies.
- Superior written and verbal communication skills.
- Strong organizational skills.
- Skill in handling evolving priorities in a dynamic environment thoughtfully and practically.
- Ability to relate well to co-workers and build effective business partnerships.
Skills
- Commercial negotiation
- Financial transactions
- Commercial lending
- Sales-based financings
- Legal and risk mitigation
- Written communication
- Verbal communication
- Organizational skills
- Handling evolving priorities
- Building business partnerships
Location
- New York
Work Type
- Hybrid
- Remote (two days per week)
Experience Level
- 1-5 years
Education Level
- Juris Doctor (JD)
Salary/Compensations
- $90,000-$100,000
Benefits
- Good work/life balance
- Medical, Dental, Vision Coverage
- 401K Match
- Life Insurance at No Cost to Employees
- Generous Time Off Plan Including Rollover Vacation Days
- Commuter Benefits
- Health Care and Dependent Care Flexible Spending
About the Company
- Fora Financial is a technology-enabled, leading provider of flexible financing to small and medium-sized businesses.
- Since 2008, Fora Financial has supported over 55,000 merchants nationwide with over $5 billion of capital.
- Leverages proprietary technology for a streamlined funding process, often completed within 24 hours.
- Grown from two founders to nearly 200 employees.
- Prides itself on being a partner-centric organization with a customized funding approach.
- Fosters a passion for success and a family-like camaraderie.
Equal Opportunity
- Fora Financial is an Equal Opportunity Employer.
- Committed to fostering a diverse and inclusive workplace.
- Does not discriminate on the basis of race, color, religion, sex, gender identity, sexual orientation, national origin, disability, age, veteran status, or any other legally protected status.
- Provides reasonable accommodations for qualified individuals with disabilities.