Senior Counsel

Carol A. Hitselberger

CDOs and CLOs, Derivatives, Financial Services M&A

“Praised for being at the ‘cutting edge on securitization issues,’”… “an ‘absolutely brilliant lawyer’"
Chambers USA


Carol Hitselberger is a member of Mayer Brown’s Banking & Finance practice, and focuses her practice in the structured finance area. She spends significant time on accounting and regulatory developments that impact the structured finance industry. Carol is a member of the Structured Finance Association, the structured finance industry’s leading trade organization, and in 2019 was appointed to the Structured Finance Association’s Executive Committee. In addition, she is a Committee Chair of the Association’s Significant Risk Transfer committee.  Carol often works with investors and issuers in structured finance products of most types, including trade receivables, credit card receivables, consumer loans, auto loans, aircraft, leases, franchise portfolios, government contracts, trademark licenses, and various other financial assets.

Chambers USA highlights that "she has been doing structured finance work for decades - she can run a transaction so smoothly." Carol is lauded by clients as "very creative" and "extremely well regarded in the industry" as she "talks in a language business people can understand." She has been ranked on her ability to handle cross-border work around the world in Chambers Global, USA, Capital Markets: Securitization, recognized for her skill in interpreting and negotiating the regulatory aspects of securitization and structured finance deals in Chambers USA, Nationwide, Capital Markets: Securitization and commended for her expertise in the securitization spaces in Chambers USA, North Carolina, Banking & Finance, North Carolina. She has also been ranked as one of the best securitization finance lawyers in the US by, among others, IFLR, Best Lawyers in America (2015 recognition as the top lawyer in Charlotte, NC in securitization and structured finance), Who’s Who Legal, Expert Guides: Structured Finance and Securitization, and Expert Guides: Women in Business Law. Carol is a member of the Board of Advisors of the UNC School of Law Center for Banking and Finance Law.


  • University of Pennsylvania Law School, JD, cum laude
  • Bryn Mawr College, AB, magna cum laude


  • North Carolina


  • Board member, UNC Banking Institute
  • Board member, North Carolina Dance Theatre
  • Member, Women Executives of Charlotte