Special Situations & Restructuring Lawyer (London)

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence.

Main Purpose

We are seeking a highly skilled and experienced Senior Transactional Lawyer to join our collaborative team, focusing on our Alternative Credit, Restructuring, Asset-Based Investments, and Special Situations business. This pivotal role will involve driving complex transactions, optimizing portfolios, and ensuring compliance with regulatory frameworks, all while maintaining the highest standards of legal excellence.

Key Responsibilities

• Deal Structuring & Execution: Collaborate with our investment and asset management teams to lead transactions, including distressed investments and restructurings, from inception through to successful exit. Your expertise will be crucial in structuring new money deals, conducting thorough due diligence on opportunities, negotiating restructuring documents, assessing legal and regulatory risks, and overseeing external counsel during execution.
• Portfolio Management: Work closely with the portfolio management team to review proposed restructurings and proactively address issues within our existing portfolio, ensuring robust governance and maximizing returns.
• Dispute Management: Strategically oversee disputes and litigation matters to protect our interests and mitigate risks.
• Cross-Functional Collaboration: Facilitate seamless coordination with PIMCO’s tax, finance, compliance, and operations teams to ensure efficient deal execution.
• External Counsel Oversight: Manage and supervise external transaction counsel to uphold high standards of quality and cost-effectiveness.

Policy & Regulatory Management:

• Regulatory Expertise: Navigate complex regulatory issues associated with investments by private and public funds, ensuring compliance while leveraging strategic advantages.
• Investor Relations: Partner with product teams to provide essential deal information for investor communications, fostering transparency and trust.
• Corporate Governance: Support a variety of general corporate and regulatory projects, contributing to the overall growth and stability of the legal team and the firm.
• Policy Development: Develop and manage internal precedents, and assist in creating and implementing relevant internal policies and procedures to enhance operational efficiency.
• Legal Support: Provide comprehensive legal guidance to ensure the smooth functioning and efficiency of the legal team and client servicing.

Position Requirements

• Experience: A minimum of 6 years of relevant post-qualification experience at a leading international law firm or in-house with a global bank or asset manager, with a focus on alternative credit investments, asset-based investments/securitizations and special situations. Experience in corporate debt restructurings in the UK and Europe would be an additional asset.
• Deal Expertise: Proven ability to organize, prioritize, and deliver on multiple transactions under tight deadlines.
• Regulatory Knowledge: Familiarity with sector-specific regulatory and conflicts of interest issues faced by investment managers with public and private funds and accounts and alternative investments, including UK/EU securitisation regulations.
• Commercial Insight: Strong business acumen and understanding of market dynamics.
• Attention to Detail: Exceptional precision in legal documentation and processes.
• Integrity: A high degree of personal and professional integrity.

Why Join Us?

Our Legal team is committed to delivering the highest standards of client service. We are looking for a candidate who can communicate confidently at all organizational levels, work effectively within a team, manage their workload independently, and proactively assess and enhance existing processes. With PIMCO’s rewarding environment and expanding business, this role offers significant opportunities for professional growth and development for the right candidate. Join us in shaping the future of our legal practice and making a meaningful impact in the industry.