Legal Counsel

Overview

Established in 1985 Valu-Trac provides ACD and ancillary services to the UK fund industry, with a current portfolio of ca. 110 funds and approx. £15 billion of assets under administration as of 31st December 2025.

As part of its role as ACD, Valu-Trac provide accounting and administrative services for funds supported by the Fund Operations team. The Fund Operations team is responsible for the pricing of funds and supporting shareholders through transfer agency activities.

Valu-Trac Investment Management provides a “one-stop shop” for UK regulated funds, including Authorised Corporate Director (ACD) services, fund administration, and investment management.

The legal team, led by the ACD Director & Head of Legal, typically covers Legal Services for ACD function and also the wider business, such as:

• Drafting, reviewing, and negotiating of a wide range of commercial agreements, including:
• Investment Management Agreements, Distribution Agreements, Outsourcing and Service Provider Contracts, Technology and Data Processing Agreements.
• Advising on UK and international regulatory frameworks (FCA rules such as COLL, COBS, Consumer Duty, as well as AIFMD, UCITS, MiFID II, GDPR, and other relevant regulations).
• Supporting fund launches, prospectus updates, regulatory filings, and the formation and ongoing management of a variety of fund structures (regulated and unregulated).
• Providing legal support for board governance, oversight committees, regulatory reporting, and company secretarial matters, including statutory filings and maintenance of corporate records.
• Managing conflicts of interest, ensuring operational integrity, and implementing governance best practices across the business.

Valu-Trac operates as a host ACD for multiple fund sponsors, so the legal team plays a central role in structuring funds, managing regulatory risk, and ensuring investor protection

As a Legal Counsel within our Legal Team, you’ll play a key role in supporting the business in delivering legal and technical advice, guidance and recommendations that enable informed decision making and help the Company achieve its strategic objects across proposition, legislative and technical matters.

To thrive in this role you’ll need to hold a UK legal qualification and a law degree. You’ll be confident in providing clear, effective advice and capable of managing aspects of your workload independently, while also collaborating closely with others. Although initial supervision will be provided, you’ll be supported with ongoing training and development to deepen your expertise in financial services.

• Team-based
  :
  Work closely with the ACD Director & Head of Legal and a collaborative legal/product/compliance team.
• Onboarding
  :
  Benefit from a structured induction, shadowing opportunities, and a gradual increase in responsibility.
• Ongoing training
  :
  Access regular CPD, legal resources, and support for developing new skills.
• External counsel
  :
  Clear escalation routes for complex or unfamiliar matters.

• Provide legal and technical advice on propositions, legislation, and technical matters to support the Company’s strategic aims.
• Advise on a broad range of legal and project matters in a risk-aware, solution-focused manner, reducing reliance on external counsel.
• Provide legal advice on structuring, marketing, and ongoing management of a variety of fund structures (including AIFs, UCITS, and, where relevant, unregulated or alternative vehicles).
• Draft, review, and negotiate fund documentation (IMAs, side letters) and a wide range of commercial agreements (services, data, trading, supplier, technology).
• Advise on UK and international regulatory frameworks (AIFMD, UCITS, MiFID II, and other relevant regulations).
• Oversee the formation of new funds and updates to existing structures, including cross-border considerations where applicable.
• Support board governance, oversight committees, regulatory reporting, and company secretarial matters as required.
• Support wider ACD function, including product governance activities and regulatory change projects.
• Build strong internal…