Assistant Vice President, Legal

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with $192 billion in assets under management as of March 31, 2024. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 22 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information please visit our website at

Scope and Responsibilities

This role will be responsible for performing transactional and corporate legal support, in an independent manner, for matters assigned by the senior members of the investment team, with the supervision of the Senior Vice President Legal and may involve taking up corporate mandates for Oaktree’s fund affiliated SPVs.

Oaktree is looking for a candidate to act as the main point of contact on its Opportunistic Credit Funds operation in Luxembourg. This is a hands-on role that effectively partners many stakeholders, including the investment teams across Europe and the USA, external counsel, Los Angeles and London based legal and compliance teams as well as the tax and accounting function in Luxembourg. This role requires strong organizational and communication skills in order to operate under tight investment driven timeframes.

Responsibilities will include:

Act as the main point of contact of the Opportunistic Credit investment teams by working directly with them in Europe and the USA on investment transactions to ensure that the appropriate actions and Luxembourg related activities are completed in line with the transaction deadline;

Provide guidance to the other team members when necessary;

Serving as a Manager (gérant) on Luxembourg companies (typically holding companies) investing in Luxembourg;

Being responsive to draft, review and approve key legal documents in a time sensitive manner and approving cash wires as necessary in their role as a Manager;

Working closely with the Company Secretarial team to coordinate set-up of the structure, transactions and day-to-day operations;

Working closely with external Luxembourg counsel to ensure that structures are correctly set up and deal based documents are correctly executed and consistent across Oaktree where appropriate;

The implementation of intra-group financing structures incl. hybrid financial instruments, loans etc. (legal drafting knowledge required);

Drafting and review of internal and, as the case may be, external legal documents with regards to the operations of the Luxembourg investment structures; and

Working closely with the Luxembourg Financial Controller on upcoming investments and ongoing reporting requirements to ensure correct and timely accounting takes place.

Experience required

Circa 5-6 years legal and transaction experience (as a qualified lawyer) in global law firm or reputable Luxembourg equivalent; preferably in a corporate legal department;

In-house legal experience in the asset management industry is an asset;

Experience as a corporate manager (director, gérant), preferably in Luxembourg, is an asset;

Experience in Private Equity, Distressed Debt or Real Estate industries is an asset;

Strong understanding of portfolio management and administration, KYC and set up procedures of Luxembourg companies;

Strong understanding of Luxembourg company law and local filing requirements; and

Basic Luxembourg and/or international tax knowledge is an asset.

Working language at Oaktree is English other language skills (specifically in French and German) are a strong asset.

Personal attributes

Excellent interpersonal, verbal and written communication skills;

Self-starter with a proven ability to take initiative and solve problems as they arise;

Demonstrates clear ownership of tasks through to completion;

Hard-working with strong dedication to the position and Oaktree;

Ability to build good working relationships and gain confidence of others; and

Team-oriented with strong integrity and professionalism.

Education

MS/MSc, MA, LLM, JD, or equivalent degree is required. Full legal qualification is required.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

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