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The role would suit a general banking lawyer from a "top twenty" law firm, with some experience in acquisition finance, project finance and/or leveraged finance. A prior in-house career is not essential, although a secondment to an investment bank (or large corporate) would be useful.
The Legal Department sits separate from the business lines and has several areas of expertise: Corporate & Structured Finance, Derivatives, General Commercial & Internal Projects, HR/Employment and Company Secretarial.
The successful candidate will sit within the Corporate & Structured Finance team (currently four lawyers and two legal assistants) and will share the general workload, with an emphasis on banking matters.
Lawyers are not dedicated to any particular business lines to ensure that workload is more evenly distributed, but there may be scope to build up relationships with certain teams if the successful candidate has a particular specialism.
The team's primary client base is the London-based business lines, but the team also advises business lines based elsewhere on English law matters when required.
The current size of the team means that the role is a mixture of advisory and transactional work and is not an execution/transaction management role.
The role is not transactional in terms of extensive involvement in deals - lawyers follow a transaction as and when necessary but this would not normally require transactional working hours or involvement in document execution.
The position reports to the Head of Corporate & Structured Finance (Group Legal), who in turn reports to the Head of Legal in the UK.
Responsibilities: -
Identification of, analysis, advice and drafting (where appropriate) on English legal issues arising in relation to
(i) origination, refinancing, extension and/or amendment of facility agreements (syndicated and bilateral) and related security, guarantees, intercreditor arrangements and legal opinions
(ii) term sheets, comfort letters and letters of support
(iii) mandate letters (advisory and/or arranging)
(iv) release/(non-)reliance letters
(v) confidentiality and non-disclosure agreements and
(vi) miscellaneous finance/banking queries.
Liaising and managing relationships with external counsel, as appropriate
Personal Attributes
• Able to establish credibility quickly with the business lines and other internal functions • Intelligent, articulate, friendly and approachable • Communicates clearly and effectively • High level of attention to detail
Qualifcations: -
• University graduate
• Solicitor of the Supreme Court of England and Wales (or analogous common law qualification e.g. other UK/Australia/New Zealand/South Africa and intention of taking English QLTT)
Past Experience: -
• Relevant training and post-qualification experience • Experience of working in an in-house investment banking (or large corporate) legal department environment an advantage. |