SimpleCiti Companies · 6 months ago
Director, Legal Credit and Diligence Operations
Garden City, NY
Part-time
Onsite
Mid, Senior Level
5+ years expSimpleCiti Companies is a vertically integrated finance and operations platform specializing in capital markets and legal finance. They are seeking a Director of Legal Credit and Diligence Operations to lead the evaluation, underwriting, and approval process for credit facilities issued to law firms, ensuring thorough analysis and legal structuring of complex legal receivable-backed loans.
FinanceLendingReal EstateWealth Management
Responsibilities
Own end-to-end credit execution: intake, modeling, diligence, credit memo, IC presentation, and closing
Develop and maintain underwriting rubrics for evaluating legal receivables from PI and mass tort law firms
Analyze case dockets, pipeline strength, settlement timelines, and projected legal fee recoveries
Coordinate with third-party legal advisors, valuation firms, and underwriters on case quality and portfolio risk
Draft and present Investment Memos (IMs) for approval by the Fort Morgan Investment Committee
Ensure all legal structuring (e.g., lien protections, superpriority status, PPFFPA compliance) is complete pre-funding
Oversee funding documentation and coordinate transition to post-close servicing and reporting
Respond to IC redlines, negotiate final loan docs, and ensure funding terms align with underwriting
Qualification
Required
5+ years in legal finance, structured credit, investment banking, or plaintiff-side underwriting
JD or equivalent background with litigation finance, legal receivables, or private credit transactions
Proven experience evaluating case portfolios and drafting institutional-grade investment memos
Deep understanding of litigation timelines, fee structures, and settlement patterns across PI and mass tort
Proficient in legal documentation, UCC filings, PPFFPA, lien protections, and asset-backed credit
Able to manage multiple stakeholders including internal teams, IC members, and external counsel
Preferred
Experience in law firm lending or pre-settlement funding
Understanding of how case quality and practice structure impact credit risk
Bonus: Experience integrating AI or automation tools into legal diligence or underwriting workflows
Company
SimpleCiti Companies
SimpleCITI Companies is a polythematic holding company, specializing in private equity real estate and specialty finance.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Shervin Mehdizadeh
Chief Executive Officer
Rody Mehdizadeh
Managing Partner
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