Lawyer - Greater London, United Kingdom - Commerzbank AG

Description

Job Description

A leading corporate banking and capital markets organisation is seeking a lawyer to join their team in London.

Overview of team

• Department totals 12 employees and comprises of 9 lawyers, 1 company secretary and 2 assistants.
• Department covers all legal issues and risk for the Branch ie transactional advice, regulatory matters, contentious and non contentious employment issues, property, data protection, infrastructure and commercial contracts.
• Lawyers split into teams with one team focusing on debt products, another derivatives / markets and the final team on non transactional issues eg regulatory, commercial contracts, employment etc.
• Litigation cases covered across the department.
• Often close liaison with colleagues in Head Office Legal.
• Given size of the department each lawyer can be expected to work on issues other than their core area of expertise.

Key Tasks/ Activities

• Carrying out legal analysis of issues and proposed transactions.
• Primary focus is providing legal advice and legal risk assessment on issues relating to derivative transactions, principally credit linked derivatives, structured repo transactions, stock lending and prime brokerage.
• Close out transactions upon default and subsequent work on insolvency claim process
• Reviewing documentation for proposed transactions for legal risk.
• Negotiating documentation with counterparties.
• Instructing and managing external counsel.
• Where appropriate conducting or supervising litigation.

Key Requirements

• Legal qualification.
• Current solicitor's or barrister's practicing certificate.
• Experience working for a law firm or financial services organisation's legal department on derivative transactions and understanding of relevant regulatory framework.
• Experience with other debt products (bonds and loans) helpful but not required.
• Willingness in mindset to expand product knowledge and knowhow desired.
• Commercially minded and proactive.
• Collegiate, personable, joining a small team.