Vice President, Associate General Counsel

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Vice President – High Income Special Situations and Private Credit

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 High Income and Alternatives Divisions. In this role, you will actively work on and lead a team providing support for private credit transactions, distressed debt and special situations. 

As a key member of a dedicated asset management legal team, you will be involved in the provision of day-to-day legal advice on financing matters. You will work closely with internal and outside counsel in connection with work-outs and working with bondholder groups. You will work closely with portfolio managers, traders and communicate regularly with investment banks, trustees, and other service providers on various debt transactions. The work is dynamic, challenging, fast paced, and engaging.

The Expertise and Skills You Bring

• J.D with 10-12 years experience as a transactional attorney.
• Proven management experience leading a team of highly experienced attorneys.
• Experience working on large finance transactions, including all types of direct lending and other private credit transactions. 
• Law firm or equivalent experience required. In-house experience working with or leading a financing team is a plus.
• Experience negotiating private credit financing documents and negotiating Asset Backed Lines of Credit, Subscription Facilities and ancillary documentation including collateral agreements.
• Experience must include reviewing and negotiating transaction documents, including but not limited to, Indentures, offering materials, marketing materials, and management agreements.
• Experience working on large scale complex projects with multiple counterparties, including distressed debt and work-out situations.
• 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 and practical contract negotiation skills required.

The Skills You Bring

• 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.
• Proven leadership and management skills.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

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.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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