At a Glance
- Tasks: Support credit facility transactions and provide legal advice on lending matters.
- Company: Major financial services institution with a focus on private banking.
- Benefits: Hybrid working, competitive salary, and exposure to diverse legal work.
- Other info: Diverse and inclusive workplace committed to equal opportunities.
- Why this job: Join a dynamic legal team and make an impact in the banking sector.
- Qualifications: Qualified solicitor with 2+ years of banking or credit experience.
The predicted salary is between 63000 - 77000 £ per year.
Accuflex has a strong interim opportunity for a talented and motivated Banking / Credit Lawyer to join the UK private banking and wealth legal team of a major financial services institution. This role will support the private banking credit business on a broad range of transactional credit facility and loan lifecycle work. The loan book is principally made up of property lending and securities-backed / lombard lending, with some more specialist financing arrangements.
This would suit a lawyer with strong transactional credit experience who is able to work with light supervision and provide practical, commercially focused legal support to a busy in-house legal team.
The role
- Supporting credit facility transactions across a private banking loan book
- Reviewing, drafting and negotiating loan and security documentation
- Advising on property loans, mortgage-backed lending and secured lending arrangements
- Supporting securities-backed / lombard lending matters
- Advising on loan lifecycle work, including amendments, variations, consents and ongoing facility management
- Working with a range of borrower and security provider types, including individuals, domestic and overseas corporate structures, charities and other wealth vehicles
- Supporting matters involving regulated mortgage contracts and consumer credit exemptions
- Advising internal stakeholders on legal risk, documentation issues and transaction process
- Assisting with policies, procedures and facility template documentation where required
Candidate requirements
- Qualification as a solicitor in England & Wales or equivalent common law jurisdiction
- Around 2+ PQE
- Strong transactional banking, credit or secured lending experience
- Experience with loans, mortgages, property finance or private banking credit work
- Good drafting and transaction management skills
- The ability to work independently with light supervision
- Strong attention to detail and sensible legal judgement
- A practical, responsive and commercially aware approach
- Confidence working with internal stakeholders in a financial services environment
Useful experience
- Private banking or wealth lending experience
- Regulated mortgage contracts
- Consumer credit exemptions
- MCOB knowledge
- Lombard / securities-backed lending
- Lending involving individuals, trusts, charities, overseas companies or wealth structures
- Previous in-house legal team experience within financial services
Key details
- Start: ASAP
- Contract: 6 months
- Working pattern: Full-time
- Location: London
- Hybrid working: c.3 days per week in the office
- Level: 2+ PQE
Why apply?
This is an excellent opportunity for a junior to mid-level banking lawyer to join a high-quality legal team within a major financial services institution. The role offers exposure to a broad private banking credit book, including property lending, regulated mortgage contracts, securities-backed lending and specialist financing arrangements. It would suit someone who enjoys transactional lending work and can provide hands-on support from day one.
At Accutrainee and Accuflex, we are committed to fostering a diverse and inclusive workplace. We believe in equal opportunities for all and actively encourage applications from candidates of all backgrounds, ages, genders, races, ethnicities, religions, sexual orientations and abilities. Our recruitment process is designed to be fair, transparent and free from discrimination.
Legal Counsel (Lending) in London employer: Accutrainee
Accuflex is an exceptional employer for litigation paralegals, offering a dynamic work environment in London and across the UK. With a diverse range of opportunities from boutique law firms to large international organisations, employees benefit from a culture that prioritises professional growth and development. The company fosters a supportive atmosphere where your skills are valued, and you can gain invaluable experience in various legal settings, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel (Lending) in London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
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Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Accutrainee, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
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We think you need these skills to ace Legal Counsel (Lending) in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Accutrainee, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Accutrainee and the specific role of Legal Counsel (Lending). Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Accutrainee’s culture!
How to prepare for a job interview at Accutrainee
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Accutrainee.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Accutrainee.
