Job details
| Job ref |
PL1111-31 |
| Salary band |
£75k - £100k |
| Salary details |
£100,000 |
| Location |
City |
| Job type |
Permanent |
| Experience |
PQE 3 |
| Job Sector |
Private Practice |
| Company |
Pavilion Legal |
| Contact |
unknown |
| Practice areas |
Capital Markets/Derivatives |
| Professional levels |
Solicitor |
| Posted |
24/04/2012 |
| Expires |
24/05/2012 |
|
|
|
Job Description
A recognised market leader both in capital markets and derivatives are looking for lawyers with 2-3 PQE to join their pre-eminent Structured Solutions Team within their Capital Markets Practice.
The Capital Markets Group of which the Structured Solutions Team is an integral part provide hedging and derivatives support to the groups structured debt, debt and equity and trusts practices. The team also undertakes its own transactions in credit risk mitigation, OTC derivative transactions, stock lending, repos and prime brokerage, as well as working with other departments throughout the firm in the areas of commodity financing and trading, OTC derivatives documentation, collateralisation and netting.
Key Attractions
- You will be working with a broad range clients and the firms other teams and practice areas, not only within the London, but across the globe
- The work often involves ground breaking, high profile deals that frequently headline in the financial and business press
- You will have extensive client contact both as part of your daily working routine but also have the opportunity to develop client contacts through the associate programmes for the firms key clients, including participating in client training and events
- You will develop an unbeatable multi-disciplinary skill set and get to work with some of the best known market leaders in their respective practice areas
- You will benefit from a comprehensive training programme not only in derivatives and capital markets products but also in a broad range of client focussed skills
- A highly competitive base salary, with potential for a significant bonus
Key Responsibilities
- Advise clients in all of the following aspects of derivatives:
- Hedging of securitisation issues of RMBS, CMBS, Automobile loans, consumer finance, whole business securitisations, CDOs and CLO
- Synthetic securitisations, synthetic CLOs and CDOs, CLNs, ABS funding structures, multi issuer and multi-tranche issuance programmes, and regulatory capital efficient funding structures
- Stock lending, repurchase agreements, prime brokerage, custody and settlement arrangements and structured equity financing
- Credit spread auctions, hedging and structured trading lines in relation to asset and project financing, real estate financing, energy and commodities transactions
- Hedging of global and MTN programmes, Eurobonds, international equity offerings, convertibles and GDRs
- Commodity trading and financing, weather and catastrophe derivates, longevity and mortality derivatives
Skills and Qualifications
- Lawyers with junior to mid-level derivative and structured finance experience, that have worked extensively with and be very familiar with the following:
- ISDA master agreements, ISDA credit support documents, ISDA interest rate, FX, credit derivative and equity confirmations
- Global Master Securities Lending Agreements and Global Master Repurchase Agreements, repos, buybacks/sellbacks and stock loans
- Collateralisation techniques including margining, outright transfer, charges, pledges and flawed asset provisions
- The principles of netting and set-off and their application in financing transactions
- Securitisation/repackaging structures, debt issuance structures, the IPO process
In addition, experience in the following would be an advantage:
- Credit default swaps, CLNs, synthetic CLOs, CDOs
- Capacity and authority and enforceability opinions
- Commodity trading/commodity derivatives
- Prime brokerage agreements, monetisation structures, margin lending
- An outstanding academic history and proven first rate legal skills
- Strong commercial pragmatism
- Excellent transactional and advisory drafting skills
If you would like to discuss this vacancy further please contact Neil Primus or alternatively please apply direct via this website.
This job expired on 24/05/2012
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