Counsel - Corporate Finance

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU. If you'd like to build the world's best AI cloud, join us. Note: This position requires presence in our San Francisco or upcoming New York City office location 4 days per week; Lambda’s designated work from home day is currently Tuesday. What You’ll Do As Counsel, Corporate Finance at Lambda, you will perform a broad range of debt finance and capital formation legal work. You’ll be a legal partner to Corporate Development, Capital Markets, Finance and Treasury for designing, negotiating and administering Lambda’s capital formation strategy and debt stack - the financing engine behind our GPU deployments and AI data center expansion. You’ll also collaborate with our Data Center and Commercial teams where data center and/or customer arrangements intersect with financing. You will report to Lambda’s Associate General Counsel, Strategic Finance and Partnerships. - Finance Strategy & Transactions: - Manage legal workstreams for credit facilities and other complex financing structures, including term loans and revolvers, SPV/bankruptcy-remote financings, equipment financing/leases, asset-backed loans, project financings, and real estate financings, with a particular focus on facilities deployed against Lambda's GPU fleet and AI data center buildouts. - Draft, review, and negotiate documents (e.g., term sheets, credit agreements, guarantees, security agreements, intercreditor/subordination agreements, commitment letters, fee letters, and amendments/waivers). - Coordinate with internal stakeholders (Corporate Development, Capital Markets, FP&A, Treasury, Accounting, Tax, Executive team and others) and manage outside counsel to drive efficiently to signing and close. - Debt Administration & Compliance: - In collaboration with crossfunctional partners, build and own a lender deliverables and compliance calendar; prepare and/or review periodic compliance certificates, officer’s certificates and required information packages. - Maintain the collateral and lender reporting package - collateral coverage, lien perfection and account control hygiene, insurance compliance, financial covenant calculations, and rating agency materials. - Manage ongoing consent, waiver and amendment workstreams, and proactively flag covenant and lender-approval implications of contemplated business actions. - Process Improvement: Monitor legal and market developments affecting GPU and data center financing; create playbooks, templates, trackers, and closing checklists; streamline financing processes, covenant monitoring, and data room hygiene. - As‑Needed Legal Support: Collaborate on related corporate, finance, data center infrastructure or tax matters that intersect with capital formation and debt financing; pitch in on special projects as priorities evolve. You - JD from an accredited law school and admission to practice in at least one U.S. jurisdiction (New York or California bar preferred or in-house registration). - 4+ years of law firm experience (in-house experience a plus) with demonstrated strength in supporting complex debt finance transactions and secured transactions. - Experience coordinating multi‑stakeholder closings and running diligence processes. - Exceptional drafting and negotiation skills, with an ability to balance legal risk against business and commercial objectives - particularly in financings where legal terms shape operating mechanics (collateral identification, customer-contract interfaces, deployment cadence). - Strong interpersonal and communication skills; adept at collaborating with stakeholders at all levels. - Proactive mindset, meticulous attention to detail, and ability to manage competing priorities in a f