At a Glance
- Tasks: Join a dynamic team handling complex asset-based lending transactions and mentor junior members.
- Company: Highly respected national law firm with a strong client service culture.
- Benefits: Collaborative environment, professional development, and opportunities for direct client contact.
- Why this job: Shape the future of asset-based lending while working with top-tier clients and colleagues.
- Qualifications: Experience in banking and finance law, with strong negotiation and drafting skills.
- Other info: Exciting career growth in a supportive, cross-disciplinary team.
The predicted salary is between 36000 - 60000 ÂŁ per year.
I’m working with a highly respected national law firm that is seeking to expand its growing Asset Based Lending (ABL) team with the appointment of a Senior or Principal Associate. This opportunity sits within a market‑leading practice recognised for its high-quality work and strong national rankings. The ABL team continues to grow, acting for an impressive range of lender clients and handling some of the most complex and high‑value transactions in the market.
Why this role is exceptional
The successful candidate will join a collaborative national banking practice, offering both the support of an established national platform and the chance to influence and shape the local team. The firm prides itself on cross‑disciplinary working, giving you direct access to litigation, restructuring and corporate colleagues, providing clients with a comprehensive service across all aspects of ABL. The team also works closely with the corporate practice to position asset-based lending as a strategic funding solution for acquisitions and refinancing projects, supporting a diverse borrower client base.
Scope of the work
This role offers broad exposure across the entire transaction lifecycle, including:
- Drafting and negotiating facility agreements and security documentation (LMA and non-LMA)
- Negotiating intercreditor arrangements
- Developing and improving precedent documentation
- Acting for both lenders and borrowers on back-to-back transactions
- Managing all aspects of live lending matters
- Supervising and mentoring junior team members
- Supporting lenders with ongoing portfolio work such as waivers, re‑sets and restatements
A consistently strong deal flow ensures regular opportunities for matter ownership, direct client contact and involvement in business development initiatives.
The wider team
The national banking and finance practice advises on a broad range of financing transactions, often involving multi‑jurisdictional elements. The team works across corporate lending, leveraged finance, real estate finance, project finance, asset finance and invoice discounting, acting for a mix of borrowers, lenders and investors. The firm is well‑established on the panels of major financial institutions.
The firm
The firm is recognised for its strong client service culture, commercial approach and collaborative working environment. With a national presence and a growing international footprint, they support a diverse range of ambitious and high‑profile businesses. Their culture is grounded in authenticity, teamwork and professional development, with a longstanding commitment to investing in their people.
Senior Associate - Banking & Finance (Lawyer) in Manchester employer: LHH
Contact Detail:
LHH Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate - Banking & Finance (Lawyer) in Manchester
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking and finance sector. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at firms you’re interested in. You never know who might help you land that interview!
✨Tip Number 2
Prepare for those interviews by researching the firm’s recent deals and their approach to asset-based lending. Show them you’re not just another candidate; you’re genuinely interested in their work and how you can contribute to their success.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience with drafting and negotiating facility agreements or managing live lending matters. Highlight your ability to mentor junior team members and your collaborative spirit – it’s all about teamwork in this field!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for candidates who are passionate about banking and finance, so make sure to showcase your enthusiasm!
We think you need these skills to ace Senior Associate - Banking & Finance (Lawyer) in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Senior Associate in Banking & Finance. Highlight your relevant experience in asset-based lending and any complex transactions you've handled. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our collaborative team. Be sure to mention specific experiences that demonstrate your expertise in ABL.
Showcase Your Team Spirit: Since we value collaboration, make sure to highlight any experiences where you've worked effectively in a team. Whether it's mentoring junior members or working cross-disciplinarily, we want to see your teamwork skills in action!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at LHH
✨Know Your ABL Inside Out
Make sure you brush up on asset-based lending concepts and recent market trends. Familiarise yourself with key terms like facility agreements and intercreditor arrangements, as well as the firm's notable transactions. This will show your genuine interest and expertise in the field.
✨Showcase Your Collaborative Spirit
Since the firm values teamwork and cross-disciplinary work, be prepared to discuss examples of how you've successfully collaborated with colleagues from different areas. Highlight any experiences where you’ve worked alongside litigation or corporate teams to deliver comprehensive solutions.
✨Prepare for Technical Questions
Expect to face technical questions related to drafting and negotiating security documentation. Brush up on your knowledge of LMA and non-LMA agreements, and be ready to discuss your approach to managing live lending matters and mentoring junior team members.
✨Demonstrate Business Development Acumen
The role involves business development initiatives, so think about how you can contribute to this aspect. Prepare to share ideas on how to attract new clients or enhance existing relationships, showcasing your understanding of the firm's client service culture and commercial approach.