Velocity Vehicle Group

Associate General Counsel- Irving, TX

Velocity Vehicle Group  •  $200k - $250k/yr  •  Dallas, TX (Onsite)  •  2 months ago
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Job Description

Who We Are:
Crossroads Equipment Lease & Finance, LLC, is a wholly owned subsidiary of the Velocity Vehicle group, one of California’s largest commercial vehicle dealers. Established in 2006, and based in Rancho Cucamonga, California, Crossroads engages in the business of commercial medium and heavy-duty truck financing and leasing. We offer operating and finance leasing as well as direct financing to our commercial customers. Crossroads has experienced dynamic growth, expanding our portfolio and developing relationships with transportation companies that have locations outside the state of California, expanding our finance products to all states to service these customers.

What’s in it for You:
Crossroads is a fast paced and growing organization that is looking for candidates that are ready for a daily challenge and cannot wait to provide superior customer service both internally and externally. VVG offers fantastic Culture as well as competitive pay, 401K W/Match, Medical, Dental, & Vision benefits.
What You’ll Do:
The Associate General Counsel serves as the chief legal advisor to the organization and its affiliated entities, providing strategic, practical, and hands on legal leadership across all aspects of the business. This role is responsible for managing complex commercial transactions, regulatory compliance, enterprise risk management, corporate governance, and day to day legal support for executive, sales and operational teams. The AGC coordinates internal stakeholders and outside counsel to ensure legal risk is identified, mitigated, and aligned with business objectives.

Job Duties:
Commercial Agreements
• Review, draft, negotiate, and manage a wide range of commercial agreements, such as lender pledge and warehouse line agreements, amendments and ancillary documentation intercreditor agreements; subordination agreements; vendor agreements; broker and dealer agreements; and NDA templates.
• Prepare, maintain and update standard document templates for various entities.
• Draft ancillary and special transaction documents, including progress payment documents, intercompany subleases, transfer and assignment agreements, term sheets and other custom documentation as needed.

Syndications
• Draft and negotiate loan and lease sale and assignment agreements and UNL’s.
• Support syndication structuring and ensure documentation reflects deal terms.
• Review collateral documents for transferability and consent requirements.
• Coordinate consents, notices, and closing mechanics.
• Ensure proper transfer, perfection, and priority of assigned interests.

Securitizations
• Review and update PPMs to ensure accuracy and compliance with internal policies etc.
• Draft and obtain corporate and transaction documents for ABS deals.
• Complete required forms, including beneficial ownership and KYC.
• Coordinate document collection, diligence, and closing processes.
• Support securitization closings and ongoing compliance requirements.

Legal Advisory & Operational Support
• Respond to ongoing legal research requests and provide legal interpretations to business teams.
• Support teams such as account servicing, customer service, titling, closing, sales, legal, accounting and recovery teams by:
◦ Preparing documents
◦ Providing legal guidance on customer communications
◦ Advising on issue resolution and risk mitigation

Compliance & Risk Management
• Monitor, review, and interpret new laws and regulations impacting CELF and affiliated entities. Draft summaries of same.
• Manage and respond to recurring legal and compliance requests across the organization.
• Partner with internal stakeholders to implement regulatory changes, develop policies, and conduct internal training.
• Maintain elements of the ERM program, including drafting and updating ERM materials.
• Respond to regular information and compliance requests from outside sources to maintain good standing, licenses, and corporate filings.
• Obtain, renew, and manage business licenses across jurisdictions.
• Draft, update, and maintain privacy policies for CELF and affiliate websites.
• Draft and update corporate policies and procedures for CELF and affiliate websites.
• Ensure consistency and compliance across all affiliated entities

Corporate Governance
• Manage and update corporate governance for various entities.
• Draft operating agreements, resolutions etc.

Outside Counsel and Litigation Management
• Manage outside counsel, including scope, staffing, and deliverables.
• Oversee litigation strategy, discovery, motions, and settlements.
• Monitor budgets, review invoices, and control legal spend.
• Evaluate counsel performance and ensure quality and efficiency.
• Provide updates on case status, risk, and strategy to stakeholders.

Required Skills and Qualifications:
• Juris Doctorfrom an accredited law school; active bar membership in good standing.
• Strong knowledge of equipment finance and leasing, syndications, collections and capital markets.
• Previous experience in general corporate matters is essential.
• Strong background in contract drafting and negotiation.
• Demonstrated experience with regulatory compliance, risk management, and policy development.
• Proven ability to manage multiple entities and stakeholders simultaneously in a fast paced environment.
• Practical, business oriented approach with strong judgment and attention to detail.
• Proficient in drafting and negotiation
• Ability to operate as both strategic advisor and hands on practitioner
• 10-15 years’ experience preferred

Compensation:
• $200,000-$250,000 annual salary plus annual bonus

Benefits Crossroads Offers:
• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities

Crossroads Equipment Lease & Finance, LLC is an equal opportunity employer. Crossroads prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
Velocity Vehicle Group

About Velocity Vehicle Group

Velocity Vehicle Group (VVG) is a privately-owned group of companies that are experts in the commercial vehicle industry across the USA. VVG employs over 2500+ people, has revenues of $1billion+ and is headquartered in Los Angeles. In addition to commercial vehicle sales, VVG offers full service leases through its Velocity Truck Rental and Leasing subsidiary.

VVG also participates in equipment finance through its Crossroads Equipment Lease and Finance subsidiary. Crossroads provides loans and leases to transportation companies for all types of transportation equipment, and has a portfolio of $300 million focused on innovative programs to support the owner operator base of fleets, and on government programs that help truckers with vehicle replacement to meet environmental regulations. VVG also owns a SBA lending company, Crossroads Small Business Solutions, providing it’s customers with growth capital, working capital loans and real estate loans.

All of VVG’s operating companies are actively involved with various clean emissions projects, from engine retrofit kits and installation to alternative fuel vehicles including electric and natural gas. The company has taken a leadership role in helping achieve cleaner port trucking through private and public-private initiatives, and currently offers natural gas trucks and buses, hybrid electric trucks and buses and fully electric trucks and buses.

We can help you with any aspect within the trucking industry. From sales, parts & service to leasing & financing, our goal is to be the one stop shop experts for all truckers, owner operators, fleets & private companies alike.

Industry
Transportation & Logistics
Company Size
501-1,000 employees
Headquarters
Whittier, CA
Year Founded
1998
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