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For Companies At a Glance
- Tasks: Join our Asset Based Lending team, handling complex transactions and mentoring junior members.
- Company: Shoosmiths is a top 50 law firm known for excellent service and innovative thinking.
- Benefits: Enjoy competitive salaries, flexible benefits, and a supportive work environment.
- Why this job: Be part of a dynamic team making an impact in the legal sector with diverse opportunities.
- Qualifications: Experience in banking law and strong negotiation skills are essential.
- Other info: We value diversity and inclusion, fostering a community where everyone can thrive.
The predicted salary is between 43200 - 72000 £ per year.
The role
We have a fantastic opportunity for a Senior or Principal Associate to join our market leading Asset Based Lending practice. Recently ranked by Legal 500 nationally as Band 2 (with the regional team ranked in Band 1) the team continues on its upward trajectory acting for an impressively broad range of lender client and undertaking some of the largest and most complex transactions in the market.
In addition, we have an established banking team nationally which operate as one therefore you\’ll benefit from taking part in shaping the local team and brand whilst having the structure and support to help you progress in your career.
We have a close working relationship with our litigation and restructuring colleagues offering our clients a one stop shop for all things related to Asset Based Lending.
We also work closely with our corporate practice developing asset based lending as a funding option of choice for corporate acquisitions and re-financing working for a range of borrowers.
The work on offer is varied across full transaction lifecycle including drafting and negotiating facility agreements and security documents (both LMA and non-LMA form), negotiating intercreditor arrangements, drafting standard form precedent documentation (which the team has a particular reputation for), working for borrowers and lenders on back to back arrangements and any other matters relating to live lending transactions, as well as supervising junior team members. The team does a material amount of in life work on a portfolio basis working with lenders on waivers, re-sets, restatements.
With a consistent volume of transactions, this is an excellent platform to assume matter responsibility and there is ample opportunity to participate in client development initiatives.
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 means we have 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 syndicatable basis. We work closely with some of the UK\’s major banks and financial institutions, and have approved panel status with many of them.
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. From offices across the UK and Brussels, we support some of the world’s most exciting and ambitious businesses; amazing clients making an impact. We empower our people to be their authentic selves and deliver together in supportive teams committed to excellence and innovation. The first top 50 law firm to achieve ‘Platinum Standard’ Investors in People, our values and culture are not just words on our website but are the heartbeat of the firm.
We have an outstanding benefits package to complement our competitive remuneration system. In addition to the competitive salaries, great working environment and high-quality work, we believe that all staff should be rewarded for their commitment to the continued success of the firm through a comprehensive and flexible range of benefits.
Equal opportunities
Our approach to our people is underpinned by our approach to diversity, inclusion and well-being. Our ambition is 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 has a strong sense of community between colleagues.
This means that everyone who either 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.
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Banking Senior Associate employer: SHOOSMITHS
Contact Detail:
SHOOSMITHS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Senior Associate
✨Tip Number 1
Familiarise yourself with the latest trends in Asset Based Lending. Understanding the current market dynamics and key players will not only help you in interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the banking and legal sectors. Attend industry events or webinars to connect with potential colleagues or mentors who can provide insights into Shoosmiths' culture and expectations.
✨Tip Number 3
Prepare to discuss your experience with drafting and negotiating facility agreements. Be ready to share specific examples of your work that highlight your skills and how they align with the responsibilities of the Senior Associate role.
✨Tip Number 4
Showcase your ability to work collaboratively within a team. Since the role involves supervising junior members and working closely with other departments, emphasising your teamwork skills will be crucial during the interview process.
We think you need these skills to ace Banking Senior Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Banking Senior Associate position. Tailor your application to highlight relevant experience in asset-based lending and your ability to handle complex transactions.
Craft a Strong CV: Your CV should clearly outline your legal qualifications, relevant work experience, and specific skills related to banking and finance law. Use bullet points for clarity and ensure it is well-structured and easy to read.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the firm. Highlight your understanding of Shoosmiths' values and culture, and explain how your background aligns with their commitment to excellence and innovation.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the legal profession.
How to prepare for a job interview at SHOOSMITHS
✨Understand the Firm's Values
Before your interview, take some time to research Shoosmiths' values and culture. They pride themselves on excellent service and a supportive environment, so be prepared to discuss how your personal values align with theirs.
✨Showcase Your Technical Skills
As a Senior Associate in Asset Based Lending, you'll need to demonstrate your expertise in drafting and negotiating facility agreements. Be ready to discuss specific examples from your past experience that highlight your technical skills and knowledge of the sector.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and how you handle complex transactions. Think of situations where you've successfully navigated challenges in your previous roles and be ready to share those stories.
✨Highlight Team Collaboration
Shoosmiths values teamwork and collaboration. Be sure to provide examples of how you've worked effectively within a team, supervised junior members, or contributed to client development initiatives in your previous positions.
