Senior Finance Counsel

New York City, New York
03 Oct 2016
13 Dec 2016
Oil and Gas
Contract Type
Full Time
GE Global Monetization COE is seeking an experienced Senior Finance Counsel to support global monetization efforts for GE Energy business units.

Essential Responsibilities

The Senior Finance Counsel will provide legal support and guidance regarding all aspects of monetization and in particular, the sale, transfer and assignment of trade receivables. The Senior Finance Counsel will also be responsible for reviewing, drafting and negotiating required documentation associated with those transactions in order to obtain true sale status and CFOA accounting treatment. Additionally, the ideal Senior Finance Counsel will be expected to be familiar with laws and customary practices applicable to the relevant businesses and industry standards, including, but not limited to, the Uniform Commercial Code, ICC Governing Rules (ISP 98 and UCP in particular), and general knowledge of US GAAP accounting principles as it concerns revenue recognition and off-balance sheet treatment.

In addition, you will:
  • Provide legal support and guidance regarding all aspects of monetization and in particular, the sale, transfer and assignment of trade receivables
  • Review, draft and negotiate standard and transaction specific documentation for the consummation of a broad range of global trade receivable transactions, including financial asset sales and participation's, bilateral and syndicated trade receivable financing facilities both with GE Working Capital Solutions and external investors, import / export financing, draft discounting letter of credit transactions, commodities finance, and trade service transactions
  • Negotiate with and instruct external legal counsel and customers where necessary and acting as liaison between external advisers and the various GE Energy business units, advising on legal and regulatory developments relevant to GE's global monetization efforts, advising the GE Energy business units on financing regulatory and compliance matters, and coordinating multi-jurisdictional transactions with EMEA and Asia legal counsels


  • Juris Doctrate from an accredited Law School
  • Minimum of 5 years of experience in secured lending / finance transactional practice at a major law firm and/or financial institution as in-house counsel
  • Bar admission in good standing

Additional Eligibility Qualifications

GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics

  • Excellent interpersonal and communication skills
  • Experience with global trade related transactions and trade finance products
  • Experience with cross border transactions and corresponding legal implications
  • Excellent written and verbal communication skills
  • Strong familiarity with the Uniform Commercial Code and ICC Governing Rules, including ISP 98 and UCP 600
  • Strong analytical and problem solving abilities and organizational skills
  • Team player with ability to work independently
  • High attention to detail
  • Highly organized and able to quickly assess project viability
  • Effective and enthusiastic team player
  • Ability to manage an active work load and prioritize accordingly
  • Senior presence with capability to work effectively with all levels within the GE organization (from the most junior to the most senior)
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