At a Glance
- Tasks: Join our team to manage exciting financing transactions and collaborate with top banks.
- Company: Shoosmiths, a leading law firm known for innovation and excellent service.
- Benefits: Competitive pay, flexible benefits, and a supportive work environment.
- Other info: Diverse and inclusive workplace with great opportunities for growth.
- Why this job: Shape your career in leveraged finance while making a real impact in the industry.
- Qualifications: 1-4 years PQE in leveraged finance with a proactive attitude.
The predicted salary is between 28800 - 48000 £ per year.
About the Team
Our national banking and finance team advises clients on a range of financing transactions across a wide variety of sectors, often with a multi‑jurisdictional element. Acting for borrowers, lenders and investors gives us a practical understanding of the needs of all parties to a financing transaction. Our expertise extends to corporate lending, leverage finance, asset finance, real estate finance (investment and development), project finance and invoice discounting both on a bilateral and a syndicated basis. We work closely with some of the UK's major banks and financial institutions, and have approved panel status with many of them.
About the Role
This is a fantastic opportunity for a one to four year PQE Associate to join our market‑leading Leveraged Finance practice with a focus on developing our expertise and market share across the North. The successful candidate will be based in Leeds and will benefit from taking part in shaping the local team and brand while having the structure and support to progress in your career. The work on offer is varied with a focus on leveraged finance, corporate financings, corporate/sponsor‑led transactions and growth lending/venture debt.
Responsibilities
- Work across the full transaction lifecycle: drafting and negotiating facilities agreements and security documents (both LMA and non‑LMA form), drafting intercreditor arrangements and standard‑form precedent documentation.
- Collaborate closely with corporate and restructuring teams on all transaction matters.
- Manage in‑life portfolio work on a portfolio basis, working with lenders and borrowers on waivers, re‑sets, restatements and bolt‑ons.
- Assume matter responsibility and participate in client development initiatives.
Skills and Qualifications
- Between one and four years PQE experience with leveraged finance (as well as cash‑flow and general banking) experience gained at your current firm.
- Proactive approach and passion for the work.
- Experience liaising with lenders, borrowers, intermediaries and/or investors across the full transaction lifecycle.
- Willingness to progress from conditions precedent and security arrangements to ownership of credit agreements.
The Firm
Shoosmiths is the law firm clients choose for excellent service, incisive thinking and, above all, for our ability to focus on what matters. With offices across the UK and Brussels, we support some of the world’s most exciting and ambitious businesses and empower our people to be their authentic selves in supportive teams committed to excellence and innovation.
Benefits
We offer a competitive remuneration system, great working environment, high‑quality work and a comprehensive and flexible range of benefits.
Equal Opportunities
Our approach to our people is underpinned by our commitment to diversity, inclusion and well‑being. We aim to build a diverse and ambitious workforce that reflects all backgrounds and talents, and a workplace that is supportive and inclusive, recognises and nurtures talent, and fosters a strong sense of community between colleagues. Everyone who applies to or works for the firm is treated equally, whatever their gender, age, ethnic origin, nationality, marital status, disability, sexual orientation or religious beliefs.
Banking Associate employer: SHOOSMITHS
Shoosmiths is an exceptional employer, offering a dynamic work environment in Leeds where you can thrive as a Banking Associate. With a strong focus on employee growth and a commitment to diversity and inclusion, you'll have the opportunity to shape your career while working on high-quality, varied transactions in a supportive team. Our competitive remuneration and comprehensive benefits package further enhance the rewarding experience of being part of a market-leading firm that values innovation and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Associate
✨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 dream job!
✨Tip Number 2
Prepare for interviews by researching the firm and its recent deals. Show them you’re not just another candidate; demonstrate your knowledge of their work and how you can contribute to their success. Tailor your answers to reflect their values and the specific role you’re applying for.
✨Tip Number 3
Practice your negotiation skills! As a Banking Associate, you’ll need to negotiate terms and agreements. Role-play with a friend or mentor to get comfortable discussing terms and advocating for your ideas. This will give you the confidence to shine during interviews.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you along the way, and applying directly shows your enthusiasm for joining our team. Plus, it’s a great way to stay updated on new opportunities tailored to your skills.
We think you need these skills to ace Banking Associate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Banking Associate role. Highlight your relevant experience in leveraged finance and corporate lending, and don’t forget to showcase any specific projects or transactions you've worked on that align with what we do at StudySmarter.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for banking and finance, and explain why you want to join our team. Be sure to mention how your skills can contribute to our market-leading Leveraged Finance practice.
Showcase Your Skills:In your application, make sure to highlight your proactive approach and experience liaising with lenders and borrowers. We love candidates who can demonstrate their understanding of the full transaction lifecycle, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a seamless application process. It’s the best way for us to receive your application and ensures you’re considered for this fantastic opportunity with StudySmarter!
How to prepare for a job interview at SHOOSMITHS
✨Know Your Stuff
Make sure you brush up on your knowledge of leveraged finance and the specific responsibilities mentioned in the job description. Familiarise yourself with key terms like facilities agreements, intercreditor arrangements, and the transaction lifecycle. This will show that you're not just interested in the role but also understand the nuances of the work.
✨Show Your Proactive Side
During the interview, highlight instances where you've taken initiative in your previous roles. Whether it’s managing a complex transaction or collaborating with different teams, demonstrating a proactive approach will resonate well with the interviewers. They’re looking for someone who can take ownership and drive results.
✨Prepare Questions
Have a list of thoughtful questions ready to ask at the end of your interview. Inquire about the team dynamics, the types of clients they work with, or how they support professional development. This shows your genuine interest in the firm and helps you assess if it's the right fit for you.
✨Be Yourself
Remember, the firm values authenticity and diversity. Don’t be afraid to let your personality shine through during the interview. Share your passion for banking and finance, and how you see yourself contributing to the team. A good cultural fit is just as important as your qualifications.
