At a Glance
- Tasks: Provide legal support on derivatives and securities financing transactions while collaborating with a dynamic team.
- Company: Join Norges Bank Investment Management, a leading global investment fund.
- Benefits: Competitive salary, international exposure, and a focus on professional growth.
- Other info: Embrace a culture of continuous learning and digital proficiency, especially in AI.
- Why this job: Make a real impact in safeguarding financial wealth for future generations.
- Qualifications: Law degree and 8+ years of experience in derivatives and securities documentation.
The predicted salary is between 81000 - 99000 £ per year.
- Senior Legal Counsel – Contracts
- Investment
- Management
- Vacancy
Type: Permanent, Full-time NBIM Legal & Tax is NBIM’s centralised legal function.
It assists and advises all NBIM business areas on their legal and tax requirements in respect of NBIM’s organisation and its investment activities.
The Contracts team is the area within NBIM Legal & Tax providing legal support across a broad range of contract and transaction types, including derivatives, repurchase agreements, securities lending, custody, prime brokerage, and external investment management.
The Contracts team also advises on data, technology, and service contracts.
The team has five lawyers working closely with internal teams across our offices in Oslo, London, and New York.
NBIM is seeking a Senior Legal Counsel with strong derivatives and securities financing experience to join the Contracts team in NBIM Legal & Tax.
The position will be based in London and will report to the Head of the Contracts team in Legal & Tax.
Travel will be required at times.
International assignments to other NBIM offices may also be relevant depending on business needs.
What you will do
- Provide legal support to investment, operations, risk and other teams regarding derivatives and repo transactions.
- Negotiate and advise on ISDA Master Agreements, Credit Support Annexes/Deeds, and other derivatives trading and collateral documentation (cleared and bilateral), including netting agreements and default issues.
- Negotiate and advise on GMRAs, MRAs and other repo and securities financing documentation (cleared and bilateral).
- Advise on the regulatory framework relevant to derivatives, repo, and securities financing activity.
- Manage and mandate external legal advisors.
- Input to internal investment memoranda and monitor legal look-out functions; contribute to internal policies, guidelines, and procedures relevant to derivatives, repo, and securities financing activity.
- Contribute to integration of AI and new technologies in work processes to enhance quality and efficiency.
- Support in connection with internal and external audit processes and legal questions relating to the mandate and provide legal input in connection with exploring new markets.
You will be part of a specialised team while contributing to the broader Legal & Tax function, sharing expertise and insights across the organization.
- What you need
- A law degree with good academic record from a university in UK or US.
- Minimum 8 years’ experience negotiating and advising on derivatives documentation, including ISDA Master Agreements and netting agreements.
- Experience negotiating and advising on repo and securities financing documentation, including GMRAs and MRAs.
- Familiarity with securities lending arrangements and documentation, including GMSLAs and MSLAs.
- Solid understanding of the regulatory framework governing derivatives and securities financing transactions.
- Extensive international experience is an advantage.
- Proficiency in written and spoken English.
- Knowledge and curiosity around use of AI and new technologies.
Who you are We think you are a driven, proactive, and intellectually curious individual who’s striving for continuous improvement, and who can deliver high quality work under pressure.
You are collaborative and a team-player with a passion for sharing your knowledge and ability to influence.
You are professional, motivated, independent, structured, accurate, able to adapt communication style to the audience and to communicate complex legal issues and concepts clearly and simply to a non-legal audience.
You have a commercial mindset and can make yourself relevant to stakeholders and teams.
What we offer Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds.
Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.
Our Values We're driven by a culture of continuous learning.
We take action while constantly seeking better ways to achieve our goals.
Learning is embedded in everything we do.
We embrace growth opportunities and strongly encourage lifelong learning.
We emphasize digital proficiency, with a particular focus on AI.
Our people are expected to be comfortable adopting and leveraging AI tools.
We prioritize wellbeing, supporting both ourselves and our colleagues.
And lastly, but not least, we believe in creating an environment where we have fun together!
We aim to increase the share of women to exceed or match the industry average across all functions.
Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.
To Apply If you feel you are a suitable candidate and would like to work for Norges Bank Investment Management, please click apply to be redirected to our website to complete your application
Senior Legal Counsel - Contracts in London employer: Norges Bank Investment Management
Norges Bank Investment Management is an exceptional employer, offering a dynamic and international work environment in London that fosters professional growth and continuous learning. With a strong emphasis on employee wellbeing and a culture that values collaboration and innovation, you will have the opportunity to contribute to one of the world's largest funds while leveraging cutting-edge AI technologies. Join us to be part of a team that not only prioritises your development but also encourages a fun and inclusive workplace.
Contact Details:
Norges Bank Investment Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Legal Counsel - Contracts in London
✨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 Norges Bank Investment Management, 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 Senior Legal Counsel - Contracts in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Norges Bank Investment Management, 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 Norges Bank Investment Management and the specific role of Senior Legal Counsel - Contracts. 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 Norges Bank Investment Management’s culture!
How to prepare for a job interview at Norges Bank Investment Management
✨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 Norges Bank Investment Management.
✨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 Norges Bank Investment Management.
