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Legal Counsel – Funds & Asset Management

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Barclays

Dec 29

Applications are closed

  • Job
    Full-time
    Senior & Expert Level
  • Government & Politics
    Legal
  • Manchester

Requirements

  • Experienced investment funds lawyer;
  • Strong knowledge and experience of UCITS and QIAIFs;
  • Experience of advising funds on derivative transactions;
  • Good working knowledge of key regulations applicable to funds, asset managers and fund distribution including UCITS Directive, AIFMD, MIFID, SFDR and SDR; and
  • Strong interpersonal and communication skills. Able to work effectively as a part of a team and build trust and strong relationships with colleagues and stakeholders.

Responsibilities

  • Development and implementation of best practice legal strategies to manage risk related to non-adherence of laws, rules and regulations.
  • Legal advice and support to the bank's Private Bank & Wealth Management division on matters arising from the investment, credit and banking products/services provided by the Private Bank & Wealth Management division.
  • Subject matter support in the Legal department’s representation of the bank in legal proceedings related to Private Bank & Wealth Management activities, such as litigation, arbitration, and regulatory investigations.
  • Creation and review of legal documents for the Private Bank & Wealth Management division to ensure the bank’s adherence with applicable laws, rules and regulations. Maintaining and updating form legal documentation for the investment Private Bank & Wealth Management division.
  • Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's Private Bank & Wealth Management activities.
  • Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the Private Bank & Wealth Management division.
  • Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
  • Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
  • Manage and mitigate risks through assessment, in support of the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
  • Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
  • Adopt and include the outcomes of extensive research in problem solving processes.
  • Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

FAQs

What are the main responsibilities of the Legal Counsel – Funds & Asset Management role?

The main responsibilities include providing legal and regulatory advice for funds and asset management businesses, advising on fund products, supporting derivative transactions, implementing regulatory changes, and ensuring the Private Bank & Wealth Management division adheres to applicable laws and regulations.

What qualifications are required for this position?

Candidates should be experienced investment funds lawyers with strong knowledge of UCITS and QIAIFs, experience in advising funds on derivative transactions, and a good understanding of relevant regulations such as UCITS Directive, AIFMD, MIFID, SFDR, and SDR.

Where is this position based?

This role can be based in either Manchester or London.

What skills are assessed for this role?

Key skills assessed include risk and controls, change and transformation, business acumen, strategic thinking, digital and technology competencies, as well as job-specific technical skills.

What is the purpose of this role within the organization?

The purpose of this role is to ensure compliance with applicable laws, rules, and regulations while managing legal and reputational risks associated with Private Bank & Wealth Management activities.

Are there opportunities for professional development in this role?

Yes, the role involves developing and delivering training programs to educate employees on legal and regulatory requirements, which supports professional development.

What are the Vice President expectations for this position?

Expectations include contributing to strategy, managing resources and budgets, mentoring team members, guiding technical direction, managing risks, and collaborating with stakeholders.

What values and mindset are expected from all colleagues?

Colleagues are expected to demonstrate Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset of Empower, Challenge, and Drive.

What types of fund products will I be involved with in this position?

You will be involved with a variety of fund products, including UCITS, QIAIFs, private equity funds, and hedge funds domiciled across the UK, Luxembourg, Ireland, and Jersey.

Is there any specific training provided for this role?

Yes, training programs are developed and delivered to educate employees on legal and regulatory requirements specific to the Private Bank & Wealth Management division.

Barclays is a British multinational bank offering personal, corporate, and investment banking services worldwide.

Finance
Industry
10,001+
Employees
1690
Founded Year

Mission & Purpose

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.

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