Managing Director, Originations

    Remote, United States
    Full-Time
    Senior (7+ yrs)
    Operations & Project Management
    Leadership
    Posted on July 6, 2026

    Intro description:

    Legalist is a tech-enabled alternative asset manager that uses proprietary data-driven origination to invest in uncorrelated legal and government-payment assets. Founded out of Y Combinator in 2016, Legalist manages over $1.7 billion for endowments, foundations, and family offices.

    We are seeking an experienced private credit originator to source and term sheet lending opportunities for lower middle-market companies. This individual will be responsible for developing new borrower and intermediary relationships, managing the lending process through executed term sheets, and becoming a trusted financing partner within our target markets.

    The ideal candidate has an established network of referral sources and borrowers and has demonstrated success originating asset-based, cash flow, or specialty finance transactions in the $5 million to $50 million range.

    Responsibilities

    • Source new lending opportunities through direct borrower outreach and referral networks.
    • Develop relationships with investment banks, commercial banks, private equity sponsors, consultants, accountants, attorneys, and other intermediaries.
    • Lead initial borrower discussions and determine strategic fit.
    • Structure financing solutions that satisfy borrower needs while meeting fund investment objectives.
    • Prepare and negotiate indicative terms, letters of intent, and term sheets.
    • Maintain an active pipeline of qualified lending opportunities and provide accurate forecasting.
    • Develop long-term relationships that generate repeat business and referrals.
    • Work collaboratively with investment professionals to ensure a smooth transition from origination through closing.

    Qualifications

    • 10+ years of experience originating commercial lending or private credit transactions.
    • Demonstrated history of originating loans in the $5 million to $50 million range.
    • Proven ability to execute a high annual volume of term sheets and maintain a robust pipeline.
    • Established network of borrower, intermediary, sponsor, and banking relationships.
    • Strong understanding of credit structures, collateral, loan documentation, and commercial finance.
    • Excellent negotiation and relationship management skills.
    • Ability to work independently while collaborating closely with underwriting and portfolio management teams.

    Preferred Experience

    Experience in one or more of the following:

    • Direct lending
    • Private credit
    • Asset-based lending
    • Specialty finance
    • Commercial banking
    • Structured finance

    Company:  Legalist

    Funds lawsuits by underwriting litigation risk and providing capital to plaintiffs.
    11-50 employees
    Finance & Fintech
    HQ: United States