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- Tasks: Join a top-tier team advising on complex debt capital markets transactions.
- Company: Be part of a prestigious firm known for its elite corporate and finance practice.
- Benefits: Enjoy competitive salary, career progression, and best-in-class training.
- Why this job: Work with blue-chip clients and gain exceptional experience in a collaborative culture.
- Qualifications: 1-4 years PQE in DCM; strong drafting skills and client-focused approach required.
- Other info: Opportunity to work on high-profile global transactions and develop your legal expertise.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Associate
Practice Area: Banking & Finance
Location: London
About the Role
An exciting opportunity has arisen for a junior to mid-level debt capital markets (DCM) lawyer to join a prestigious and market-leading corporate and finance practice in London. This role offers exposure to some of the most complex and high-profile DCM transactions globally, working with a diverse and elite client base, including major corporates, financial institutions, and sovereign entities.
The role sits within a highly regarded and collaborative team known for advising on the full spectrum of debt capital markets products, including bonds, EMTN programmes, regulatory capital issuances, and liability management transactions. You will work closely with market-leading partners, gaining exceptional experience and career development opportunities.
Key Responsibilities:
- Advising clients on a broad range of DCM matters, including investment-grade bonds, structured debt instruments, high-yield bonds, and regulatory capital issues.
- Drafting and negotiating key transaction documents, such as offering circulars, programme documentation, terms and conditions, and legal opinions.
- Assisting on liability management exercises, including consent solicitations, tender offers, and exchange offers.
- Providing advice on market regulations and compliance, including UK Prospectus Regulation, listing requirements, and relevant regulatory considerations.
- Managing relationships with key clients, investment banks, and underwriters, delivering clear, commercially focused advice.
- Working on both domestic and cross-border transactions, often involving complex, multi-jurisdictional elements.
- Supporting business development efforts, such as preparing client pitches, training sessions, and thought leadership initiatives.
Key Requirements:
- 1-4 years’ post-qualification experience (PQE) in debt capital markets at a top-tier law firm.
- Strong technical knowledge of DCM products, UKLA listing rules, and broader market regulations.
- Experience acting for issuers, underwriters, or lead managers on bond issuances, MTN programmes, or liability management.
- Exceptional drafting and analytical skills, with strong attention to detail.
- The ability to manage multiple workstreams and deadlines in a fast-paced, collaborative environment.
- A proactive, client-focused approach with excellent communication and teamworking skills.
- England & Wales qualification preferred; equivalent international qualifications will be considered.
Why Apply?
This is a unique opportunity to join a highly prestigious firm with an outstanding reputation in debt capital markets. You will work on market-leading transactions, benefit from best-in-class training and development, and gain significant exposure to blue-chip clients. The firm fosters a collaborative, supportive culture and offers a competitive salary and benefits package, with a strong focus on career progression.
If you are an ambitious DCM lawyer looking to take your career to the next level, we would love to hear from you.
How to Apply:
Please submit your CV or reach out directly to Ben Shepherd at Henderson Scott.
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Banking & Finance Lawyer (DCM) employer: Austin Fraser
Contact Detail:
Austin Fraser Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Finance Lawyer (DCM)
✨Tip Number 1
Make sure to network with professionals in the debt capital markets field. Attend industry events, webinars, and conferences where you can meet potential colleagues and clients. Building these connections can give you insights into the firm’s culture and current market trends.
✨Tip Number 2
Stay updated on the latest developments in DCM regulations and market practices. Subscribe to relevant legal journals and follow industry news. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss specific DCM transactions you have worked on in detail. Be ready to explain your role, the challenges faced, and how you contributed to the success of those deals. This will showcase your practical experience and analytical skills.
✨Tip Number 4
Research the firm thoroughly before applying. Understand their key clients, recent transactions, and overall strategy in the DCM space. Tailoring your approach based on this knowledge can set you apart from other candidates.
We think you need these skills to ace Banking & Finance Lawyer (DCM)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in debt capital markets, including specific transactions you've worked on. Emphasize your technical knowledge of DCM products and any qualifications you hold.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for banking and finance law. Mention why you're interested in this particular role and how your skills align with the firm's needs, especially in relation to DCM transactions.
Highlight Key Skills: In your application, emphasize your exceptional drafting and analytical skills, as well as your ability to manage multiple workstreams. Provide examples of how you've successfully navigated complex legal issues in past roles.
Showcase Client Management Experience: If applicable, include examples of how you've managed relationships with clients or stakeholders in previous positions. This is crucial for demonstrating your proactive, client-focused approach.
How to prepare for a job interview at Austin Fraser
✨Showcase Your Technical Knowledge
Be prepared to discuss your understanding of debt capital markets products, including investment-grade bonds and structured debt instruments. Highlight any relevant experience you have with UKLA listing rules and market regulations.
✨Demonstrate Your Drafting Skills
Expect to be asked about your drafting experience. Bring examples of key transaction documents you've worked on, such as offering circulars or legal opinions, and be ready to explain your approach to ensuring accuracy and compliance.
✨Highlight Client Management Experience
Discuss your experience managing relationships with clients and other stakeholders. Provide examples of how you've delivered commercially focused advice and navigated complex transactions, especially in a collaborative environment.
✨Prepare for Scenario-Based Questions
Anticipate questions that assess your problem-solving abilities in real-world scenarios. Think about past experiences where you managed multiple workstreams or met tight deadlines, and be ready to share how you handled those situations.
