Who we are looking for:

Napier Park is seeking an Associate General Counsel for our Legal team to sit in our New York office. The successful candidate will work closely with our investment professionals, portfolio management teams, operations personnel, finance professionals, and external counsel on all aspects of our CLO platform. Napier Park manages nearly 70 CLOs representing approximately $26 billion of assets under management as of March 31, 2026, across U.S. and European broadly syndicated loan CLOs and middle-market CLOs. This role offers significant exposure to the full lifecycle of CLO transactions, including new issue transactions, refinancings, resets, warehouse facilities, amendments, and ongoing CLO administration.

The successful candidate will be intellectually curious, highly organized, and comfortable operating in a collaborative investment-management environment. The role requires a lawyer who can move beyond pure document drafting and become a trusted advisor to investment professionals, helping execute transactions efficiently while balancing legal, commercial, and regulatory considerations. The position offers broad exposure to senior management, portfolio managers, capital markets professionals, and the full spectrum of CLO-related activities across a large and active platform.

The position is ideal for a candidate currently practicing at a leading law firm with substantial CLO management, structured finance, securitization, leveraged finance, or related experience who is interested in transitioning to a dynamic in-house role.

What you will do:

Transaction Execution

• Serve as a key legal team member on CLO management and investment transactions, including:
  • New issue CLOs
  • CLO resets/refinancings
  • Warehouse financings
  • Risk retention and regulatory-related transactions
• Coordinate transaction negotiation and execution among internal stakeholders, outside counsel, arrangers, investors, issuers, underwriters, trustees, collateral administrators, rating agencies, and other transaction participants.
• Review and negotiate transaction documentation, including:
  • Indentures and trust deeds
  • Offering documents
  • Collateral management agreements
  • Warehouse agreements
  • Subscription documents
  • Engagement agreements
  • Investor Side letters
  • Risk retention and retention financing agreements
  • Ancillary transaction documents
• Manage transaction timelines and closing processes from launch through closing.

CLO Portfolio and Platform Support

• Advise investment professionals regarding CLO governing documents and transaction constraints.
• Analyze indenture/trust deed provisions and provide practical guidance regarding:
  • Eligibility criteria
  • Concentration limitations
  • Coverage tests
  • Reinvestment and post-reinvestment provisions
  • Trading restrictions
  • Bespoke transaction features
• Assist in evaluating proposed amendments, restructurings, workouts, and other portfolio-related matters affecting CLO investments.

Legal and Regulatory Matters

• Monitor developments affecting the CLO and leveraged finance markets, including U.S. and European regulatory developments.
• Advise internal stakeholders regarding applicable securities, risk retention, structured finance, and investment management regulations.
• Assist with regulatory and disclosure matters related to CLO issuance and ongoing management activities.
• Coordinate with compliance and other internal control functions on relevant legal and regulatory issues.

External Counsel and Service Provider Management

• Manage relationships with outside counsel across multiple transactions and jurisdictions.
• Review legal advice and transaction documents to ensure consistency with firm objectives and market standards.
• Coordinate with trustees, collateral administrators, placement agents, arrangers, accountants, rating agencies, and other service providers.

Strategic and Cross-Functional Projects

• Participate in the development of new CLO products, structures, and financing solutions.
• Assist with strategic initiatives involving:
  • U.S. and European BSL CLO platforms
  • Middle-market CLOs
  • Fund financing arrangements
  • Warehouse facilities
  • Capital markets transactions
• Support acquisitions, joint ventures, and other business initiatives involving the CLO platform.
• Contribute to process improvements and scalability initiatives across the legal function.

The qualities you should have:

• Undergraduate and JD degrees, and license to practice law required
• 4 to 8 years of relevant legal experience
• Significant experience representing CLO managers, arrangers, underwriters, issuers, or other market participants in CLO transactions.
• Strong familiarity with:
  • CLO documentation and structures
  • Structured finance and securitization transactions
  • Leveraged loans and credit markets
  • Warehouse financing arrangements
• Experience with European CLOs and/or middle-market CLOs is a plus.
• Ability to manage multiple transactions simultaneously in a fast-paced environment.
• Strong drafting, negotiation, analytical, and project management skills.
• Excellent judgment and ability to provide practical, business-oriented legal advice

Base Salary range: $200,000 to $250,000. In addition, this role is eligible for an annual incentive bonus. Compensation may vary based upon, but not limited to ,the individual's skills, experience, qualifications, location, and internal equity. 

We value our people and offer a broad range of benefits. We provide generous paid time-off, medical/dental/vision healthcare plans, 401(k) retirement and profit-sharing plans, a flexible/hybrid work environment, “dress for the day” flexible work attire, and many more great benefits. For more information, please refer to our First Eagle Benefits website.

First Eagle Investments and their affiliates and subsidiaries is an Equal Opportunity Employer.  Equal Employment Opportunity has been, and will continue to be, a fundamental principle at First Eagle, where employment is based upon personal capabilities and qualifications without regard to race, color, religious belief, including dress and grooming practices, sex, sexual orientation, gender identity, gender expression, age, national origin, marital status, citizenship, disability, veteran status, pregnancy, breastfeeding or medical conditions related to breastfeeding, status as a victim of domestic violence, sexual assault, or stalking, or any other basis protected by applicable federal, state or local law, genetic information or characteristics (or those of a family member), or any other protected characteristic as established by law.