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  • Legal Counsel - London - LegalAndGeneral

    LegalAndGeneral
    LegalAndGeneral London

    1 week ago

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    Description

    Job Summary

    This role involves supporting the Institutional Retirement legal team in providing first-class legal and governance advice. The successful candidate will be responsible for structuring, negotiating, and executing transactions from small to large-scale deals, including pension risk transfer and reinsurance. They will also provide day-to-day support to the business on general advisory matters and work collaboratively with internal stakeholders to ensure a joined-up approach on transactions.

    Job Description

    We are seeking a Legal Counsel / Senior Legal Counsel to join our Institutional Retirement legal team. As a key member of the team, you will play a crucial role in delivering corporate transactions and providing governance support to Legal & General Group Plc and its subsidiary companies.

    Your Key Responsibilities:

    • Structuring, negotiation, execution, and management of transactions from small (sub £100m) to mega deals (£5bn plus), taking responsibility for transaction documents, including term sheets and other early-stage documentation, with assistance from external counsel where required.
    • Providing day-to-day support to the business in relation to general advisory matters for existing transactions, including support for ad hoc requests on transactions.
    • Providing governance support to Legal & General Group Plc and Group subsidiary companies with respect to transactions, including ensuring legal risks are appropriately reported.
    • Working collaboratively with relevant internal stakeholders, including company secretarial, finance/accounting, tax, treasury, risk, and board support, to ensure a joined-up approach on transactions and achieve strategic and commercial objectives.
    • Managing external counsel, key stakeholders, and other third parties to ensure business costs are kept to a minimum and manage external legal advice to ensure sound and commercially useful advice is provided to the business.
    • Supporting the ongoing development of L&G standard form documentation, coordinating with external counsel and internal advisory functions for ongoing legal education and training.

    Requirements

    To be successful in this role, you will need:

    • Experience in advising on and negotiating, executing, and managing a range of transactions, with enthusiasm for new and novel transactions.
    • Ability to provide clear, commercially focused advice to meet business objectives.
    • Able to identify potential problems, escalating where necessary, and contribute to identification of solutions.
    • Experience in summarizing complex issues in simple, easy-to-understand terms.
    • Knowledge and understanding of the legal and regulatory requirements for a major financial services group and an understanding of the general business and financial services environment and regulatory business requirements and its impact on the Legal & General Group's strategy would be helpful but is not a pre-requisite. All training will be provided.
    • 3 years minimum post-qualification experience.
    • 2.1 or above degree from a UK university (or a similar level of qualification gained from a non-UK university).

    Benefits

    We offer a competitive package that includes:

    • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
    • Generous pension contribution.
    • Life assurance.
    • Private medical insurance (permanent employees only).
    • At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday.
    • Competitive family leave.
    • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax-efficient salary sacrifice.
    • Many discounts we offer - both for our own products and at a range of high street stores and online.
    • Well-designed offices that prioritize wellbeing and collaboration.

    About Us

    Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.

    We strive to be open, mindful, and inclusive, so we're always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.


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