Loans Lawyer

Barclays

Jan 23

Job
Full-time
Senior Level
Legal
Glasgow

AI generated summary

You must be a UK qualified solicitor with experience in various lending transactions, strong LMA knowledge, strategic decision-making, excellent negotiation skills, and the ability to manage competing demands.
You will provide legal advice, manage risk, create and review documents, deliver training, and collaborate with stakeholders on finance-related legal matters.

Requirements

UK qualified solicitor with a proven track record of leading on a variety of lending transactions including acquisition financing, financial sponsor/ leveraged/ super senior transactions and/or project financing transactions.
Strong familiarity with Loan Market Association documentation including facilities agreement, intercreditor agreements and related ancillary documentation.
Strategic decision maker with excellent negotiation and influencing skills.
Strong organisational skills with the ability to manage competing demands and workloads.
Ability to critically analyse issues, propose solutions, explain clearly to, and interact with, senior legal and non-legal stakeholders.
Ability to work both independently as well as collaboratively with others including leading on matters and proactively contributing to the achievement of individual and bank/function wide objectives.
Period of time with a magic or silver circle firm with a global practice.
Knowledge of various markets (property, telecoms, utilities, project, infrastructure as well as general corporate).
Inhouse legal experience would be useful but not essential.

Responsibilities

Development and implementation of best practice legal strategies related to the role’s relevant product set, to manage risk related to non-adherence to laws, rules and regulations.
Subject matter legal advice and support to the Bank's corporate and investment banking divisions globally on a wide range of transactions and projects across trade and working capital finance, cash management, real estate finance, project finance, asset backed finance, lending and other corporate loan finance.
Subject matter legal advice and support to the Bank’s businesses and infrastructure functions, including areas such as credit, compliance, risk, product management, tax, finance, fraud, transaction management, structuring and execution, litigation, commercial contract support, and operations, often in close collaboration with other legal teams across departments and jurisdictions.
Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the role’s relevant product set, such as litigation, arbitration, and regulatory investigations.
Creation and/or review of legal documents for the relevant product set to ensure the bank’s adherence with applicable laws, rules and regulations. Maintaining and updating legal documentation related to the role’s related product set for the corporate banking division.
Development and delivery of training programmes to educate employees on legal and regulatory requirements related to the role’s relevant product set.
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.
To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
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 qualifications do I need to apply for the Loans Lawyer position?

You need to be a UK qualified solicitor with a proven track record of leading on various lending transactions, including acquisition financing and project financing.

What types of lending transactions will I be working on?

You will work on corporate loans, complex investment grade lending, acquisition and bridge financing, leveraged lending, and project finance.

Is in-house legal experience necessary for this role?

In-house legal experience would be useful but is not essential for this position.

What skills are highly valued for this role?

Highly valued skills include experience with magic or silver circle firms, knowledge of various markets, and familiarity with Loan Market Association documentation.

Where will the Loans Lawyer position be based?

This role will be based in Glasgow.

What are the main accountabilities of the Loans Lawyer position?

Main accountabilities include developing legal strategies, providing subject matter legal advice, reviewing legal documents, conducting training programs, and keeping up to date with applicable laws and regulations.

What are the expectations for a Vice President in this role?

VP expectations include contributing to strategy, managing resources, driving continuous improvements, and demonstrating leadership behaviors to create a thriving environment.

What types of stakeholders will I interact with in this role?

You will interact with senior legal and non-legal stakeholders, including teams in credit, compliance, risk, finance, and operations.

Are negotiation and influencing skills important for this role?

Yes, strong negotiation and influencing skills are essential for effectively managing legal risks and achieving objectives.

What are the Barclays Values expected of all colleagues?

All colleagues are expected to demonstrate Respect, Integrity, Service, Excellence, and Stewardship as part of the Barclays Values.

Barclays

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.