COMPANY OVERVIEW:


Palisades Group is an alternative asset manager in the global residential credit markets having managed more than $23 billion of loans, real estate, and fixed income securities since its 2012 inception.  It employs a top-down asset allocation approach across residential whole loans, real estate, opportunistic credit, and fixed income markets in the United States, Europe, and Latin America. The Firm provides clients with a control-oriented management style anchored in asset level risk management, loss mitigation, and value-add strategies. 


As of December 31, 2022, Palisades manages mortgage, real estate and fixed income assets that amount to over $8 billion in notional balance through a combination of discretionary funds and separate accounts for globally recognized asset managers, private equity firms, family offices, banks, foundations, endowments, broker dealers, and insurance companies.


Palisades offers individuals an exciting and challenging career in a collegial and collaborative environment. We seek to recruit and retain talented individuals that have demonstrated integrity, intellectual curiosity and willing to speak up, constantly seeking to improve processes, genuinely excited to tackle complex challenges, technically proficient, transparent and collaborative, highly organized and able to manage multiple tasks simultaneously, detail-oriented with a focus on both form and substance, and committed to doing what they say they are going to do.



POSITION SUMMARY:


Palisades is looking for a Legal/Compliance Intern to join its growing and dynamic team.  The Legal/Compliance Intern’s primary job responsibility will be to support the General Counsel and Chief Compliance Officer, and to research and develop legal strategies to support Palisades’ strategic initiatives. This is a small team, and the potential candidate must be a team-player, able and willing to work on cross-over projects, able to pick up complex concepts and communicate effectively to both internal and external constituents. The position will allow the candidate to work collaboratively across the Company’s cross-functional teams (Data Research & Reporting, Trading & Analytics, Asset Management, Capital Markets, Transaction Management, and Collateral Management) and to learn from the firm’s industry leading professionals. The ideal candidate will be intellectually curious, a self-starter, have a strong attention to detail, and be able to work under time sensitive deadlines.


 

ESSENTIAL DUTIES:


As a Legal/Compliance Intern, you will work closely with Palisades’ General Counsel and Chief Compliance Officer on a variety of matters, including the following:

 Legal:

  • Reviewing and drafting agreements with the firm’s various transaction counterparties.
  • Reviewing and drafting non-disclosure agreements.
  • Reviewing the firm’s service provider agreements.
  • Updating and monitoring the firm’s marketing materials and regulatory filings.
  • Assisting in the review, analysis and completion of legal and tax forms and certificates.
  • Creating and maintaining subject matter files on relevant topics and legal issues.
  • Assisting with various research projects.


Compliance: 

  • Supporting Palisades’ compliance program, including the implementation, review and monitoring of various activities covered by the firm’s compliance policies and procedures.

  • Assisting with the periodic testing of the firm’s compliance policies and procedures.
  • Updating the firm’s compliance policies and procedures on a periodic basis.
  • Supporting the firm’s adoption and use of a third-party compliance technology platform.
  • Assisting with the onboarding of new employees.
  • Supporting additional compliance initiatives that may arise.


EXPERIENCE, QUALIFICATIONS, AND SKILLS:

  • Education: Currently enrolled as a first-year JD candidate at an accredited law school.
  • Able to commit to the role through at least May 2024 (full-time during Summer 2023, at least 12 hours/week during the school year).
  • Interest in business/transactional law.
  • Excellent verbal and written communication skills.
  • Excellent problem solving and analytical skills.
  • Strong research skills.
  • Ability to work independently.
  • Strong work ethic, attention to detail and interest in being part of an entrepreneurial environment.


BENEFITS:

  • Wellness stipend (monthly)
  • Remote work option (Fridays)
  • Summer hours on Friday
  • Friday team lunches


Palisades is committed to maintaining a positive and collaborative work environment that is safe and respectful of others; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence, or harassment.


We are proud to create a diverse environment and are proud to be an equal opportunity employer.


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