At a Glance
- Tasks: Advise top investment banks on structured credit transactions and draft key documentation.
- Company: Join an elite US law firm with a global reputation in structured finance.
- Benefits: Competitive salary, performance bonuses, and strong training opportunities.
- Other info: Dynamic environment with significant cross-border work and career growth potential.
- Why this job: Gain rare exposure to diverse structured finance asset classes early in your career.
- Qualifications: 1-4 years’ PQE in structured finance or securitisation, with strong drafting skills.
The predicted salary is between 56250 - 68750 £ per year.
Overview
An elite US law firm is seeking a Structured Credit Associate to join its London practice.
The team advises major investment banks, asset managers and financial institutions on a broad range of structured finance, derivatives and securitisation transactions, working closely with its US derivatives and structured finance platform.
This opportunity is ideally suited to a 1–4 years’ PQE associate with genuine experience in structured finance or securitisation, ideally with exposure to CLOs or broader structured credit products.
The role offers rare exposure across multiple structured finance asset classes within a highly regarded global platform.
- What You’ll Do
- Advise investment banks, asset managers and financial institutions on structured credit transactions
- Support the structuring and execution of derivatives, CLOs and asset-backed finance transactions
- Draft and negotiate key transaction documentation across structured finance products
- Work on cross-border structured finance and securitisation mandates alongside US teams
- Assist on repackaging transactions, programme modifications and structured product issuance
- Gain exposure across multiple structured credit workstreams rather than being siloed
Key areas include
- CLOs and collateralised structures
- Derivatives and structured products
- Asset-backed finance and securitisation
- Repackaging and programme structuring
About You
- 1–4 years’ PQE gained at a recognised international or leading City law firm
- Strong experience in structured finance, securitisation or structured credit
- Exposure to CLOs or asset-backed products is highly desirable
- Strong drafting skills and ability to manage structured transactions
- Ability to work across multiple product areas within structured credit
- Strong technical ability and attention to detail
Preferred experience
- Experience at a Magic Circle, elite US or top-tier structured finance practice
- Strong exposure to CLO transactions
- Experience working on cross-border structured finance deals
- Strong academic background
- England & Wales qualification preferred
Why Apply?
- Opportunity to join a leading global structured credit platform within an elite US firm
- Broad exposure across CLOs, derivatives and asset-backed finance
- Strong training and development alongside senior, market-leading partners
- High-end cross-border work with a major US and international finance practice
- Excellent platform for building deep structured finance expertise early in career
- Salary & Benefits
- Cravath scale compensation
- Discretionary annual bonus linked to performance and hours target
- Target of approximately 2,000 billable hours
- Minimum three days in office (typically four)
- Strong global platform with significant cross-border exposure
- The Process
- Multi-stage interview process led by partners
- Initial discussions with structured credit partners
- Further technical interviews with senior team members
- Final sign-off stage before offer
- Process is active with candidates already in early stages
- #J-18808-Ljbffr
Structured Credit Associate employer: Buchanan
Buchanan is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. With a strong focus on employee development, you will have access to extensive growth opportunities and the chance to work alongside industry leaders on high-profile projects in structured finance. Our inclusive culture fosters teamwork and creativity, making it a rewarding place for professionals looking to make a significant impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Structured Credit Associate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Buchanan. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Structured Credit Associate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Buchanan.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Buchanan's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Buchanan
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Buchanan.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Buchanan will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Buchanan employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.