Legal Counsel, Structured Finance Lending

Job Description

We are currently looking for an experienced structured finance lawyer to join our team as Legal Counsel supporting our UK and Europe Global Banking Lending business as well as our Capital Markets (GB) business as we look to grow our structured finance and securitisation product offerings. The role will be based in London and report to the Head of Legal, CIB Lending for UK and Europe.

Global Banking includes the following business teams:
Leveraged and Acquisition Finance, Commercial Real Estate, Fund Finance and Debt Capital Markets. They offer a range of traditional syndicated and bilateral lending and capital market solutions as well as structured financing solutions including Loan on Loan / Back Leverage and securitisation structures.

You will be joining a dynamic, collaborative and solutions orientated team, working on high profile and complex transactions.

The candidate will work closely with various GB business teams, portfolio management and stakeholders in the UK and Europe as well as with Legal colleagues in the wider SCB network, where necessary.

• Provide legal and structuring advice to the UK and Europe GB Lending businesses as well as our Capital Markets business (where capacity permits) with a focus on their Structured Finance and Securitisation transactions and products. You will also support the GB lending business on with their more traditional lending transactions where capacity permits.
• Advising on, drafting and/or negotiating legal documents for GB transactions ranging from term sheets and commitment letters to facility agreements, note issuance facilities and related regulatory opinions and memos.
• Advising relevant internal stakeholders including Risk, Compliance and Portfolio Management on transaction structures and legal risk.
• Managing external counsel on transactions including as to costs, quality and responsiveness of advice.
• Provide legal advice and training with respect to new GB products and initiatives for the UK / Europe.
• Keep up to date with relevant changes in law and regulation and assist on the implementation of regulatory reform.
• Identify, assess, manage, monitor, mitigate and report legal risks across GB in the UK / Europe.
• Support the GB business teams with immaterial disputes that may arise from time to time.
• Support the Legal teams in other regions of the SCB network where needed.
• Support and implement the vision, strategy and direction for the wider SCB Legal team.
• Support the priorities and agenda for GB businesses in the UK / Europe as well as their wider Group priorities and agenda.

• English law qualified. We will also consider candidates qualified in commonwealth jurisdictions with strong UK law firm experience.
• Good PQE experience, working in a top tier law firm. Experience working in a financial institution also desirable.
• Proven experience advising, negotiating and / or drafting:
  • Structured finance and securitisation documentation and structures (for example Loan on Loan / Back Leverage, CMBS, Note issuance facilities and related documentation) is essential.
  • Cross border bilateral and syndicated (LMA, APLMA) loans; and
  • Experience of loan participations, secondary loan trading and fronting structures preferred but not essential.
• Significant knowledge of regulations directly impacting the above products (for example UK / EU Securities Regulations, Capital Requirement Regulations) is essential.
• Familiarity with US LSTA loan documentation preferred but not essential.
• Commercial acumen and the ability to understand and evaluate business requirements in managing legal risk.
• Willingness to work in a team environment whilst also working autonomously and managing your workload efficiently.
• Strong communication and interpersonal skills.

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work…