Tax Counsel – Asset Based Finance
Sixth Street, a global investment firm founded in 2009, is seeking a Tax Counsel – Asset Based Finance to join their New York office. This full-time position is integral to the firm's global Tax Team, focusing on structuring and managing tax aspects of Asset Based Finance (ABF) transactions. The role involves close collaboration with the ABF investment team, Core Platform, and external service providers, reporting directly to Sixth Street’s Director of Tax and Deputy Director of Tax.
In this role, the Tax Counsel will oversee tax considerations for various ABF investments, including credit facilities, syndicated debt offerings, platform equity investments, mortgage-backed investments, whole-loan sales, asset pools, forward flow arrangements, and securitizations across multiple asset classes. Responsibilities include advising on tax and structural aspects, developing and documenting processes related to preferred practices and tax positions, assisting with tax considerations for managing existing ABF investments, reviewing transaction documentation, conducting tax due diligence, and coordinating with the ABF investment team and Sixth Street Core on deal execution.
Candidates should have a minimum of six years of tax experience at a reputable law firm or nationally recognized accounting firm, with a specific focus on ABF, structured finance, and securitizations. Broad familiarity with complex financial transactions and tax structures for financings, securitizations, joint ventures, and other complex financial transactions is essential. Experience across asset classes, including residential mortgages, consumer loans, commercial real estate, and others, is required. An in-depth understanding of the ECI rules related to complex financial transactions is necessary. Strong tax technical abilities, the capacity to communicate complex tax concepts in commercial terms, and the ability to multi-task in a high-volume environment are also important.
Sixth Street offers a comprehensive benefits package, including medical, dental, and vision insurance, paid family leave, adoption and surrogacy assistance, fertility benefits, childcare and eldercare services, and tutoring services for children. Additional perks include a concierge doctor service, gym discounts, free snacks and drinks across offices, performance bonuses, competitive salaries, retirement saving programs, life and AD&D plans, and commutation benefits. The firm also provides a charitable matching program, offering $3,000 annual match per employee for qualified non-profits through the Sixth Street Foundation.
Sixth Street fosters a collaborative and inclusive culture, emphasizing continuous learning and professional development. The firm is committed to providing pathways for career development and self-improvement, with an apprenticeship culture, a collaborative ecosystem, and a global, flexible investment mandate. Employees are encouraged to build authentic relationships and trusted networks that deepen their knowledge and expand their worldview. The firm values cross-platform thinking, responsibility, ethical conduct, action, teamwork, and entrepreneurship.
Joining Sixth Street offers the opportunity to work in a dynamic and innovative environment, contributing to the firm's mission of delivering differentiated solutions for partner companies and driving results for investors, people, and communities. The Tax Counsel – Asset Based Finance will play a pivotal role in shaping the firm's investment strategies and ensuring compliance with global tax obligations.