Senior Associate Structured Finance

  • Ashurst
  • London, United Kingdom
  • Sep 01, 2017
Full time Banking Structured Finance

Job Description

Job Title   Senior Associate Structured Finance   Location   London   Salary   Competitive   Description

 

Senior Associate

Ashurst's Structured Finance Team

May 2017

 

About Ashurst

Ashurst is a leading global law firm with a history spanning almost 200 years, and clear strategy for our future growth. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit here.

In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks.  These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.

Team overview:

The Capital Markets team within Ashurst forms part of a larger Securities and Derivatives Group.

The core practices of the team span capital markets, structured finance, securitisations, Islamic finance, project and infrastructure finance, regulatory capital, derivatives and structured products.

 

 

Job overview:

The senior associate will work primarily with two partners who specialise in various structured finance investment classes including secured corporates, infrastructure finance, regulatory capital, project finance, bank lending and securitisations (whole business and true sale).

The candidate must be willing to be flexible and should be enthusiastic about working in new product areas. The job offers exposure to multiple different clients, sectors and associated financing techniques.

The job will offer the opportunity to work with sponsors, arrangers, debt investors, corporates, government and credit enhancement providers across a range of bond and loan financings.

The role will also involve working closely with other groups within Ashurst, including corporate, projects, restructuring, banking and tax.

Essential skills and experience:

  • Qualified Senior Associate with high quality post-qualification experience at a major law firm.
  • The candidate is only required to have experience in some of the categories described above.
  • The candidate must be willing to advise on bond based financings but may have a background in banking, project finance, capital markets or structured finance.
  • Experience of advising on secured transactions will be essential. Good organisational skills and experience in transaction management.
  • Excellent academic track record.
  • Excellent client relationship skills and experience of business development.
  • Confidence in conducting commercial negotiations with counterparties.
  • A collegiate team-player who works effectively with colleagues at all levels

 

 

Recent Work:

  • Advising the Department for Environment, Food and Rural Affairs on the landmark £4.2 billion Thames Tideway Tunnel project, including the terms of the Government Support Package
  • Advising the syndicate of lenders (including BAML, Barclays and Morgan Stanley) and the private placement noteholders on a £2 billion holdco staple financing in connection with National Grid's disposal of its UK gas distribution business
  • Advising UPP on its £5 billion Multicurrency Programme for the Issuance of Senior, Secured Notes and the issue of £149.7 million Amortising RPI Index Linked Notes Due 2049
  • Advising a European bank on the securitisation of a €500 million portfolio of commercial real estate loans
  • Advising a UK bank on its debut issue of Additional Tier 1 securities

Representative Clients:

  • Allianz Global Investors
  • Angel Trains
  • Apollo
  • Bank of America Merrill Lynch
  • Barclays
  • BP p.l.c.
  • Cheyne Capital
  • EnQuest PLC
  • HSBC Bank plc
  • Her Majesty's Government, including Her Majesty's Treasury (acting through the Infrastructure and Projects Authority)
  • Lloyds
  • Macquarie/MIDIS
  • Mitsubishi UFJ
  • Morgan Stanley
  • OneSavings Bank
  • Pensions Insurance Corporation
  • UPP
  • Various institutional PP investors

Career advancement:

An established Associate Career Path Framework is in place clearly defining expectations and outlining opportunities for promotion.

Secondment opportunities:

Opportunities often arise for associates to spend time on secondment in house with a key client of the firm. From time to time, secondment opportunities also come up within other Ashurst offices in Europe, North America, Asia and Australia.