At a Glance
- Tasks: Support legal implementation of product development and regulatory changes across global fund ranges.
- Company: Ninety One, a leading independent global asset manager with a diverse culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Embrace AI tools and thrive in a fast-paced, collaborative environment.
- Why this job: Join a dynamic team and make an impact in the evolving financial services landscape.
- Qualifications: 2+ years post-qualification experience and knowledge of financial regulations preferred.
The predicted salary is between 56700 - 69300 £ per year.
About us
Ninety One is an independent, active global asset manager with £184 billion of assets under management. Established in South Africa in 1991, as Investec Asset Management, the firm started offering domestic investments in an emerging market. In 2020, almost three decades of organic growth later, the firm demerged from Investec Group and became Ninety One. Our distinctive capabilities sit within differentiated fixed income and credit as well as specialist equities, and we have a unique perspective and approach to investment opportunities presented by emerging markets and the energy transition.
At Ninety One we are committed to providing equal employment opportunities. We have a strong belief in giving individuals the freedom to be themselves and ensuring all diverse perspectives are heard. Our culture provides all of our people, no matter what their background, with the opportunity to build a rewarding career.
About the team
The Ninety One Legal team is a global team within Ninety One, with qualified lawyers in the UK, South Africa and the USA. The London Legal team has a diverse and broad remit, covering legal work generated out of the UK, mainland Europe, Canada, the Middle East, Asia, South America and Australia. The team also works closely with colleagues in Cape Town and New York on different matters. All the lawyers play key roles as valued business advisers in managing regulatory and legal risk while facilitating Ninety One’s global commercial activities.
In this role you will:
- Assist on the legal implementation of product development and regulatory changes across Ninety One’s global fund ranges (including those in the UK, Luxembourg and Guernsey), including review and update of fund documentation, related legal and regulatory documents and drafting shareholder notices.
- Draft and negotiate institutional client agreements (including investment management agreements, fee amendments, fee and reporting agreements and investment guideline amendments).
- Review and negotiate third party fund service provider agreements relating to Ninety One’s fund ranges.
- Support the implementation of sustainability-related disclosure requirements (including SFDR and UK sustainability disclosure requirements) across Ninety One's UK and Luxembourg fund ranges.
- Advise on and negotiate local and global distribution agreements, working with the UK, US, European and Asia Client Groups.
- Develop an appropriate level of knowledge of the relevant legal and regulatory requirements affecting Ninety One’s activities and how they impact its global business.
- Actively use approved AI tools to support drafting, review and research workflows, and contribute to the team's ongoing AI adoption.
- Respond to ad hoc legal queries from internal business departments.
- Attend internal cross departmental project meetings.
- Attend external law firm briefings and industry meetings.
- Instruct local counsel in different jurisdictions.
You should consider applying if you have:
- 2+ years of post-qualification experience gained either within private practice or an investment manager.
- Good working knowledge of the UK FCA regime and regulation affecting financial services such as UCITS, AIFMD and/or MiFID II is preferable.
- Experience with investment management, distribution, platform and/or commercial agreements is preferable.
- Experience of the process for fund range product changes is preferable.
- Working knowledge of sustainability-related financial services regulation (e.g. SFDR and/or the UK SDR) is preferable.
- A good grasp of AI-assisted legal tools (e.g. Claude or equivalent) an advantage.
Some of the attributes we look for in a person are:
- Self-directed, with the judgement to work autonomously and know when to elevate.
- Self-motivated, analytical, pro-active and solution-focused.
- High attention to detail with a business centric approach.
- Confident and articulate presenting and challenging views in meetings.
- Structured and disciplined in managing competing priorities and resilient under deadline pressure.
- Curiosity and enthusiasm to build fluency in new unfamiliar areas, tools and ways of working, including AI-assisted legal workflows.
Legal Counsel employer: Ninety One
Ninety One is an exceptional employer that champions diversity and inclusion, providing a supportive environment where all employees can thrive and develop their careers. With a global presence and a strong focus on sustainability, the London Legal team offers unique opportunities for professional growth while engaging in impactful legal work across various jurisdictions. Employees benefit from a culture that encourages autonomy, innovation, and collaboration, making it a rewarding place to build a meaningful career in the asset management sector.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Ninety One, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal Counsel
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Ninety One, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Ninety One and the specific role of Legal Counsel. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Ninety One’s culture!
How to prepare for a job interview at Ninety One
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Ninety One.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Ninety One.
