Associate Legal Counsel

Company: Capital Impact Partners

Location: Remote, All

Job Function: Lending/Loan Operations


The Momentus Capital branded family of organizations – which includes Capital Impact Partners, CDC Small Business Finance, and Ventures Lending Technologies – is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions. Our suite of products and services, experience, and scope will foster equitable job creation, wealth building, and economic mobility.


The Associate Legal Counsel (Lending) primary responsibility is providing legal services that support the core commercial/real estate lending activities of the Momentus Capital branded family of companies, principally those of Capital Impact Partners. The Associate Legal Counsel (Lending) may also assist with other types of commercial or corporate financial transactions including mezzanine and/or preferred equity, or asset-backed financing, equity investments or joint ventures. Additionally, the Associate Legal Counsel (Lending) may also assist with corporate, regulatory, compliance, employment, tax, risk management, loss mitigation, litigation or Legal Department matters as needed. This position is in the Legal Department and reports to the Legal Counsel (Lending).


  • Document, negotiate and manage all legal aspects of loan transactions from origination to closing, as well as post-closing and asset management matters, including loss mitigation, in accordance with industry standards, internal policies and procedures, relevant programmatic requirements and best legal practices.
  • Assist loan officers with legal issues related to proposed loan transactions, including transaction memoranda, credit committee presentations and loan commitments.
  • Manage or oversee transaction pipeline and reporting, including asset management matters such as loan amendments and modifications.
  • Draft and provide sample closing checklists and other loan closing documentation.
  • Conduct due diligence review and assessment of all aspects of the transaction, including collateral for each loan and organizational/corporate structure and status of borrowers and related parties. For real estate loans, this includes review and analysis of documents such as environmental reports, zoning reports, title insurance, surveys, property encumbrances and entitlements, leases, management contracts, governmental regulations and requirements.
  • Manage title companies or other escrow agents and other transaction parties.
  • Provide instruction and advice to closing department during the closing process.
  • Maintain accurate legal files relating to each transaction, including storage of draft and final loan documents, updated closing checklists and all due diligence items.
  • Engage and supervise outside counsel as needed


  • J.D., relevant state bar admission, and at least 7years of experience as a practicing attorney required
  • Experience negotiating and closing complex commercial real estate finance transaction in a fast-paced environment under tight deadlines
  • Familiarity with the capital markets and securitization is a plus
  • Proactive in identifying and resolving issues, an ability to demonstrate common sense and exercise sound judgment under a variety of circumstances
  • Excellent communication, decision quality, interpersonal skills and a high level of attention to detail
  • Able and willing to work collaboratively on cross-functional teams in an efficient and productive manner
  • Understand and follow complex workflow processes and corporate policies
  • Possesses an interest in and willingness to learn new skills
  • Proficient in Microsoft programs (e.g., Word, Excel, PowerPoint) and Google suite (e.g., Google Docs, Sheets)

Compensation and Benefits


At Capital Impact, our passion for investing in communities begins with our own team. We are committed to supporting you, your family and loved ones through life’s various stages. Our generous benefits range from health care and insurance plans to employer-matched retirement options, and vacation, holiday and sick leave. We also look for creative ways to help our team recharge through summer hours and support their personal growth through tuition reimbursement. Below is an overview of our core offerings provided to eligible employees.

Health, Dental & Vision Insurance

Two national health care plans available along with dental and vision coverage options.

Paid Holidays & Time Off

Paid time-off includes: Vacation benefits beginning at 15 days per year and increasing with duration of service; 11 paid holidays; early pre-holiday office closures throughout the year.

Retirement & Pension

A multi-fund 401(k) retirement plan that includes employer matching based on certain contribution levels. In addition, qualifying employees are eligible to receive an additional retirement benefit fully funded by Capital Impact that is deposited into your 401(k) account.

HSA & FSA Accounts

Tax-reduction opportunities through Health Spending Accounts (HSA) and Health Care and Dependent Care Flexible Spending Accounts.

Sick & Personal Leave

Employees are provided with six days of sick leave and two days of personal leave.

Employer-paid Insurance Coverage

A variety of employer-paid policies including: Life & Accidental Death and Dismemberment (ADD); Short-term Disability; Long-term Disability; Work-related injuries and travel accidents; and employee assistance and counseling. Additional employee paid Life and ADD, and Supplemental Personal Protection insurance available.

Summer Hours

Early departure available on Fridays between Memorial Day and Labor Day.

Tuition Reimbursement

Tuition reimbursement program designed to help employees learn new skills or improve existing ones to support career growth.

Transportation Subsidy

Up to $150 per month to subsidize parking and public transportation expenses.

How to Apply