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Senior/Principal Banking Associate

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Posted a day ago, valid for 16 days
Location

London, Greater London EC2V7NQ, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A top UK law firm is looking for a Senior or Principal Associate to join its esteemed Asset-Based Lending practice.
  • The role requires a minimum of 5 years of experience in asset-based lending or related fields.
  • The successful candidate will manage a diverse range of responsibilities, including drafting facility agreements and handling intercreditor arrangements.
  • This position offers a competitive salary, reflecting the seniority and expertise required for the role.
  • The firm provides robust support and career development pathways, along with opportunities for client development initiatives.

The Role

A top UK law firm is seeking a Senior or Principal Associate to join its market-leading Asset-Based Lending practice. Recently recognized by Legal 500 as Band 2 nationally, with the regional team ranked in Band 1, the practice continues to excel in managing a broad spectrum of lender clients and executing some of the largest and most complex transactions in the market.

This role offers the opportunity to shape the London team’s profile within the market, supported by the firm’s national banking team structure, which provides robust support and career development pathways. The team’s close collaboration with the firm’s litigation and restructuring practices creates a comprehensive asset-based lending service, further enhanced by work with the corporate practice to position asset-based lending as a preferred financing option for corporate acquisitions and refinancing.

The successful candidate will take on a diverse range of responsibilities across the full transaction lifecycle. This includes drafting and negotiating facility agreements and security documents (in both LMA and non-LMA formats), handling intercreditor arrangements, developing precedent documentation, working with both borrowers and lenders on back-to-back arrangements, and managing live lending transactions. Additionally, the role involves supervising junior team members and supporting portfolio work with lenders on waivers, resets, and restatements.

With a consistent volume of transactions, this position offers an excellent platform for taking on significant responsibility in matter management and provides ample opportunities to participate in client development initiatives.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.