At a Glance
- Tasks: Assist in high-profile restructuring and insolvency cases, working with top legal minds.
- Company: Leading international law firm with a collaborative and innovative culture.
- Benefits: Competitive salary, bonuses, private medical insurance, and extensive learning opportunities.
- Other info: Hybrid working model with excellent career growth potential.
- Why this job: Gain invaluable experience in complex financial situations and make a real impact.
- Qualifications: 1-3 years' PQE in restructuring and insolvency with strong analytical skills.
The predicted salary is between 71759 - 71759 £ per year.
We are seeking an ambitious Associate (1-3 PQE) to join our leading RSS team. This is an excellent opportunity for a junior lawyer to gain exposure to complex, high-profile restructuring and special situations mandates, working closely with partners and senior lawyers in a collaborative, international environment.
Responsibilities
- Assisting on financial restructurings, workouts and contingency planning in distressed and near-insolvency situations
- Drafting and negotiating finance, restructuring and insolvency-related documentation
- Supporting transactions involving distressed M&A, liability management exercises and special situations investments
- Advising clients, including boards and stakeholders, on directors' duties, insolvency risk and creditor strategies
- Conducting due diligence and analysis of capital structures, security packages and creditor positions, including in stressed scenarios
- Supporting complex cross-border and multi-jurisdictional restructurings and insolvency processes
- Working with a broad range of stakeholders, including lenders, investors, insolvency practitioners and corporates, in fast-paced, time-sensitive situations
Qualifications
- 1-3 years' PQE gained in a leading City, international or strong regional firm
- Experience in restructuring and insolvency
- Strong exposure to finance documentation and transactional work
- Strong technical and analytical skills
- Excellent drafting and communication skills
- Ability to work effectively under pressure and manage competing priorities
- Proactive, ambitious and keen to take on responsibility
Salary and Benefits
- £71,759 per year – estimated
- Full time
- Hybrid working model, requiring a minimum of three days in-office, subject to role and client needs
- Competitive compensation package, including bonuses, private medical insurance, and pension contribution
- Global skills academy offering extensive learning opportunities for all employees
- Integration of traditional legal expertise with innovative solutions
About the Team
Our Restructuring & Special Situations (RSS) team sits within the wider Banking practice, which operates as a fully integrated global practice acting for banks, funds, asset managers, corporates and governments on complex cross-border transactions. The RSS team provides practical and commercial advice to clients in financially distressed situations, advising across the full lifecycle of restructuring, insolvency and special situations transactions. We advise a wide range of stakeholders, including lenders, investors (including distressed and turnaround funds), corporates, boards, insolvency officeholders and financial advisers.
Associate - Restructuring & Insolvency in City of Westminster employer: Simmons & Simmons
Join our dynamic Restructuring & Special Situations team, where you will thrive in a collaborative and international environment that fosters professional growth and innovation. With a competitive compensation package, including bonuses and private medical insurance, alongside a global skills academy offering extensive learning opportunities, we are committed to supporting your career development while you work on high-profile mandates that make a real impact. Experience the unique advantage of being part of a leading firm that integrates traditional legal expertise with innovative solutions, all within the vibrant city atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Associate - Restructuring & Insolvency in City of Westminster
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Simmons & Simmons. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate - Restructuring & Insolvency in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Simmons & Simmons.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Simmons & Simmons's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Simmons & Simmons
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Simmons & Simmons.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Simmons & Simmons will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Simmons & Simmons employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
