Banking (Leveraged Finance) Associate/Senior Associate

  • Osborne Clarke
  • London, UK
  • Sep 07, 2018
Full time Leverage Finance

Job Description

"They're excellent to deal with, collegiate in their approach and proactive" – Chambers & Partners

Osborne Clarke LLP's banking team is a well-established, in certain cases market leading, practice that has enjoyed remarkable growth, most recently in the City where it is now a 7-partner team. We have strong relationships with all the UK’s major clearing banks and we are fully integrated into OC's fast-growing international network. The team's reputation is particularly strong in the firm's key sectors of digital business; financial services and real estate and infrastructure.

The team advises on corporate, fund, growth, leveraged, project and real estate financings.

The practice                                                                                             

This role will primarily be focussed on leveraged finance work, an area in which we have a growing profile and in which further strategic growth is envisaged. The successful candidate will also expect to gain exposure to the banking team's other core offerings described above.

The team has nurtured relationships with a number of active financial institutions (including private debt funds) and intermediaries. We advise on senior, unitranche, second lien, mezzanine and PIK loan products, as well as stressed and special opportunities investments. Alongside this, we provide debt finance support to the firm's well-reputed mid-market private equity team in the context of leveraged and management buy-outs, refinancings and exits, as well as advising many corporates.

The team also has significant experience advising on financial restructurings alongside Osborne Clarke's specialist insolvency team.

The team

The UK banking team, located across our London, Bristol and Thames Valley offices, currently consists of 10 Partners, 1 Legal Director, 2 Associate Directors, 6 Senior Associates, 9 Associates, 2 Trainee Solicitors and 3 Paralegals. This role will report to Max Millington (Partner). Akmal Ghauri, based in London, leads the team.

Technical skills and experience

You will preferably have worked on UK and international leveraged finance matters within a stand-alone leveraged finance or banking team at a leading national or international firm.

The candidate will have excellent transaction and conditions precedent management skills and so be capable of running or supervising this aspect of the deal, as required. The successful candidate will support the development of more junior team members.

The ideal candidate will also have attained a degree of proficiency in drafting and reviewing credit agreements, intercreditor/subordination agreements, security documentation and legal opinions, as well as bid commitment papers.

Due to the nature of the work and the structure of the team, we are looking to appoint an Associate or Senior Associate in this area, although we will consider candidates with more or less experience.

Your career development

Like all our lawyers, you will benefit from our multi-award winning career development programme. At each stage of your career this provides you with:

  • clear expectations of your role and what it takes to progress; • high quality clients and work, with early responsibility and client exposure; • thorough assessment and individual feedback from a range of experienced colleagues; • robust technical training with early skills based development, increasingly tailored to you; and • reward for your contribution, progression and potential, rather than PQE or tenure.

Salary and benefits

We offer competitive salaries and generous benefits.

For more information or to apply

At Osborne Clarke LLP we welcome direct applications - if you would like any further information about the role, or the firm, we would be delighted to hear from you. Please contact, in complete confidence, Emily Webb in the Recruitment team on 0117 917 3072 or email emily.webb@osborneclarke.com.

At Osborne Clarke, we are known for our open and inclusive culture. We believe that by investing in the diversity and wellbeing of our people, we create an environment where everyone can thrive to be the best that they can be. This means recognising that our people have lives and commitments outside of work. We have invested in connected working for our people and, where possible, we will accommodate flexible working for all our roles.