At a Glance
- Tasks: Provide high-quality legal advice and manage investment-related legal tasks.
- Company: Join Phoenix Group, a leading FTSE 100 long-term savings and retirement business.
- Benefits: Enjoy a competitive salary, generous leave, private medical cover, and flexible working options.
- Why this job: Make a real impact in a dynamic legal team while tackling sustainability challenges.
- Qualifications: Qualified solicitor with experience in asset management and financial services.
- Other info: Mentorship opportunities and a commitment to diversity and inclusion.
The predicted salary is between 120000 - 168000 £ per year.
Job Description
Join to apply for the Senior Legal Counsel role at Phoenix Group.
Job Type: Permanent
Location: Birmingham / London / Edinburgh offices with hybrid working options.
Flexible working: Open to part‑time, job‑share and other types of flexibility.
Closing Date: 29.10.25
Salary and benefits: From £120,000 plus bonus 30‑60%, private medical cover, 38 days annual leave, pension, life assurance, career breaks, income protection, 3 volunteering days.
Overview
Phoenix Group is a FTSE 100 long‑term savings and retirement business. We offer products across our brands, Standard Life, SunLife, Phoenix Life and ReAssure. We are tackling key issues such as transitioning our portfolio to net zero by 2050.
Role
This role is part of the Phoenix legal team supporting Corporate & Commercial, Shared Services & Asset Management. You will provide high‑quality legal advice and manage a variety of legal tasks relating to external investment service providers, investment transactions and internal and external investment structures.
Key Responsibilities
- Drafting, negotiating and advising on group strategic projects and investment services agreements, custody agreements, ancillary services agreements and data licences.
- Supporting Heads of Legal on corporate restructuring projects, investment office management actions and specialist areas such as illiquid asset class investments, FSMA Part VII and derivatives trading.
- Liaising with the investments office to update commercial terms in investment services agreements as required.
- Supporting the head of litigation on dispute resolution procedure under investment management agreements.
- Managing external lawyers efficiently and within budget on high volume investment related projects.
- Providing high quality, commercial legal advice and developing internal business partner relationships.
- Being an active team member of the wider GC function, proactively contributing to the GC Function’s vision.
- Supporting the investments ESG legal business needs with external specialist support as required.
- Maintaining investments documentation in shared folders.
- Mentoring and supporting skills and development of junior lawyers.
What are we looking for?
- Qualified solicitor in England and Wales.
- Financial services background, either in‑house or private practice.
- A sound understanding of contractual issues arising with agreements addressing the outsourcing of asset management services.
- An understanding of the operations of an asset manager, asset classes and investment vehicles.
Essential Criteria
- Experience in house or from private practice in asset management work including leading on investment management agreements.
- Experience working with Funds and Unit Trusts.
- Experience working in or with a client Financial Services with a key understanding of the regulatory and legislative frameworks.
- Ability to balance legal risk with business needs, advising stakeholders on risk tolerance and options.
- Excellent communication skills to convey complex legal issues clearly to non‑lawyers.
Benefits and EEO
We are committed to ensuring that everyone feels accepted and welcome. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Referrals increase your chances of interviewing at Phoenix Group by 2x.
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Senior Legal Counsel employer: Phoenix Group
Contact Detail:
Phoenix Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Counsel
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who have experience in financial services. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of asset management and investment agreements. Be ready to discuss how you can balance legal risks with business needs – that’s a biggie for this role!
✨Tip Number 3
Showcase your communication skills! Practice explaining complex legal concepts in simple terms. This will help you connect with non-lawyers during interviews and demonstrate your ability to work collaboratively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Legal Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Legal Counsel role. Highlight your experience in asset management and any relevant legal qualifications. We want to see how your background aligns 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 the perfect fit for the role and how your skills can help us tackle our key issues, like transitioning to net zero by 2050.
Showcase Your Communication Skills: Since excellent communication is key, make sure your application reflects your ability to convey complex legal issues clearly. We want to see how you can engage with non-lawyers effectively!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Phoenix Group
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of financial services law, especially around investment management agreements. Be ready to discuss specific cases or experiences where you've navigated complex legal issues in asset management.
✨Understand the Business
Get familiar with Phoenix Group's operations and their approach to transitioning to net zero by 2050. Showing that you understand their business model and how legal advice fits into their strategic goals will impress the interviewers.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific legal scenarios, such as negotiating terms in investment services agreements. Think through your past experiences and be ready to share how you balanced legal risks with business needs.
✨Show Your Team Spirit
Phoenix Group values collaboration, so be prepared to discuss how you've worked effectively within a team. Highlight any mentoring experiences you've had with junior lawyers, as this shows your commitment to developing others in the legal field.
