At a Glance
- Tasks: Provide legal support for asset finance transactions and collaborate with business teams.
- Company: Join Lloyds Banking Group, a leader in diversity and inclusion.
- Benefits: Generous pension, performance bonuses, 30 days holiday, and flexible working.
- Other info: Dynamic hybrid work environment with strong career growth opportunities.
- Why this job: Make a real impact in asset finance while developing your legal expertise.
- Qualifications: Qualified solicitor with at least 4 years PQE and asset finance knowledge.
The predicted salary is between 55000 - 65000 £ per year.
Join to apply for the Lawyer - Asset Finance role at Lloyds Banking Group.
LOCATIONS: Bristol, Cardiff, Chester, Edinburgh, Halifax and Leeds
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this opportunity
You will be joining the Banking Products Legal team. We are a supportive legal team which assists the BCB (Business and Commercial Bank) and CIB (Corporate and Investment Bank) within the Group. Banking Products Legal supports six business teams - Cash Management and Payments, Merchant Services, Commercial Cards, Asset Finance, Invoice Finance and Trade Finance.
This role is within the Asset Finance legal team which supports asset finance across all customer sectors from consumers to large corporate clients. The Asset Finance business teams are committed to expanding their existing offering over the next few years across a range of products including hire purchase, finance leasing, lending and receivables purchase.
You'll use your experience to give proactive, pragmatic and solutions-focused advice and support to our Asset Finance business with its ambitious growth strategy.
What does the role involve?
- Operate as a subject matter specialist, supporting colleagues in the business and other functional areas;
- Provide support for the negotiation and execution of asset finance transactions;
- Provide legal support for product development and innovation, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on-boarding and customer journeys;
- Proactively identify, report and support the management of legal and governance risks, recommending solutions when needed;
- Collaborate with team members and work cross-functionally to help deliver business strategy;
- Manage panel law firms and build and maintain positive relationships with external lawyers;
- Reflect on service delivery and look for continuous improvement activities;
- Stay on top of regulatory, industry and legal change.
You'll lead on your own workload and demonstrate dedication to self-development. You'll be encouraged to bring passion, a positive, proactive approach and be team orientated.
What you'll need
- Qualified as a solicitor in the UK (or equivalent qualification) with at least 4 years PQE;
- A good understanding of the legal and regulatory framework applicable to asset finance, ideally with experience of asset financing for small and mid-sized corporate clients;
- An ability to build strong, collaborative relationships;
- Confidence in using experience and insights to influence, inform and challenge.
And any experience of these would be really useful:
- In-house legal experience within a financial institution or asset finance provider;
- Experience in providing support in relation to asset finance intermediary relationships;
- Experience in asset finance, receivables financing or equipment leasing.
About working for us
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we're committed to creating an environment in which everyone can thrive, learn and develop.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%;
- An annual performance-related bonus;
- Share schemes including free shares;
- Benefits you can adapt to your lifestyle, such as discounted shopping;
- 30 days' holiday, with bank holidays on top;
- A range of wellbeing initiatives and generous parental leave policies.
If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Legal
Lawyer - Asset Finance employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer, offering a dynamic and inclusive work environment where legal professionals can thrive. With a strong commitment to employee development, a generous benefits package including a substantial pension contribution and flexible working arrangements, and a focus on diversity and wellbeing, our team members are empowered to grow both personally and professionally while contributing to the ambitious goals of the Asset Finance sector across various UK locations.
StudySmarter Expert Advice🤫
We think this is how you could land Lawyer - Asset Finance
✨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
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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.
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Don’t shy away from reaching out directly to firms like LLOYDS BANKING GROUP. 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 Lawyer - Asset Finance
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 LLOYDS BANKING GROUP.
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 LLOYDS BANKING GROUP'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 LLOYDS BANKING GROUP
✨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 LLOYDS BANKING GROUP.
✨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 LLOYDS BANKING GROUP 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 LLOYDS BANKING GROUP 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.
