Vice President, Commercial Underwriting

Vice President, Commercial Underwriting

Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and it works with companies and law firms around the world from its principal offices in New York, London, Chicago, Washington, Singapore, and Dubai. The Firm is seeking to add a Vice President of Underwriting to our U.S. Commercial investment team. The position responsibilities include identifying and analyzing litigation-related opportunities that Burford considers for financing and overseeing matters in which Burford has invested. Underwriters must have the ability to quickly evaluate the merits of claims, assess and price risks associated with the litigation, evaluate litigation budgets, negotiate financing deals from start to finish, and help develop new business for Burford. This position will involve communicating directly with law firms, in-house counsel, and corporate representatives, as well as Burford's global investment team. The U.S. Commercial team is at the heart of Burford's business model. Underwriters stand on the front line, identifying, analyzing, pricing and negotiating Burford's investments in legal assets. They are actively involved in monitoring cases post-investment and they frequently serve as the face of Burford to the market, both through their external relationships and through formal business development activities such as panels and publications. This position provides a unique opportunity to apply litigation skills and experience in the finance sector, and in doing so, participate in the exciting, market-disruptive growth of legal finance. The role will report to the Managing Director leading Burford's U.S. Commercial business and be based in Burford's New York offices. The base compensation range for this role is $225,000 - $250,000. Burford also pays an annual discretionary bonus as well as participation in our Restricted Stock Unit program.
Underwriting Responsibilities
Assess and price risks associated with the litigation, evaluate litigation budgets, and negotiate financing deals from start to finish.
Work closely with Burford's legal, finance and tax teams to structure, model, negotiate and close financing transactions, while minimizing legal and operational risks
Building strong client relationships and actively identify financing opportunities with law firms and corporations
Actively monitor ongoing investments, regularly interacting with clients and counsel as the litigation proceeds in order to facilitate successful resolution.
Skills Desired
6+ years of broad commercial litigation experience from a top-tier U.S. law firm
Antitrust litigation exposure
Federal clerkship experience
Pre-law school professional experience, preferably in financial services (or relevant academic background)
Substantive experience with expert data analyses, valuation, or damages reports
Must be licensed to practice law in the U.S.
Core Competencies & Skills / Personal Attributes & Fit
A thoughtful litigator with an intuitive sense of the merits, value and risks of litigation;
Commercial mindset, numerate and deal-savvy, with the ability to price risk and explain (both internally and externally) the value of a deal;
Team player who can work collegially with all members of the underwriting teams across Burford's global offices;
Entrepreneurial and self-directed;
Strong communicator and outgoing, capable of participating in panels, conferences, and other client-facing business development opportunities on behalf of Burford;
Excited to work in a fast-paced environment where both your legal skills and financial acumen will be fully utilized;
Openness to some amount of travel.