Asset Finance Associate (1-3 PQE)

A&O Shearman; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A prominent international law firm in London is seeking an associate to join their Asset Finance group. The ideal candidate will be a qualified lawyer with 1-3 years of post-qualified experience in asset finance. Responsibilities include drafting agreements, managing transactions, and liaising with clients. The firm offers a hybrid working model with excellent benefits including private medical insurance and wellbeing services.

Benefits

Occupational pension scheme

Private medical insurance

Wellbeing services

Onsite gym

Holiday entitlement increasing with length of service

Qualifications

• 1-3 years' post-qualified experience in asset finance.
• Ability to manage multiple deadlines.
• Strong commercial/business acumen.

Responsibilities

• Drafting and negotiating principal transaction documents.
• Preparing legal opinions and correspondence.
• Managing documentation and client communications.

Skills

Strong technical knowledge of asset finance

Excellent communication skills

Strong organisational skills

Detail-focused approach

Collaborative team player

Education

Qualified lawyer

Job description

Job description

We are currently recruiting for an associate to join our Asset Finance group in London on a permanent basis.

Department purpose

The A&O Shearman Asset Finance team is one of the most experienced and best recognised asset finance practices in the world. We are consistently voted “Best Law Firm” and ranked in the top tier by the independent legal directories. We regularly act for the leading market players including top-tier leasing companies, airlines, financiers, shipowners, sponsors, manufacturers, export credit agencies, private insurance consortiums and governmental and international organisations. The team has advised on some of the most impactful transactions in the market.

We advise clients around the globe on portfolio purchases and sales of various asset types, mergers and acquisitions, all types of financing (including secured and unsecured facilities, revolving credit facilities, ECA-supported financings, insurance-supported financings, sustainability linked financings, pre-delivery payments (PDP) financings), operating leases, tax-based leases, long- and short-term chartering arrangements, vessel procurement and construction arrangements, terminal financings, cruise ships and luxury yachts financings, capital markets transactions (including ABS and EETC), Islamic financings (including sukuks), airport slots and receivables financings, manufacturer contracts, maintenance and technical contracts, lease novations, trade financings, as well as litigation, restructurings, repossessions, and work-outs.

A&O Shearman is a recognized leader in legal tech and innovation and offers unparalleled opportunities to integrate legal tech tools in day-to-day deal management and closely collaborate with the Firm’s dedicated innovations team.

Role and responsibilities

• Supporting Senior Associate/ Counsel/ Partner in drafting, negotiating and agreeing principal documents on a transaction (for example, facility agreement, sale and purchase agreement, lease agreement etc)
• Taking responsibility for drafting, reviewing and negotiating security and ancillary transaction documents (for example, fee letter, mortgage, security assignment, assignment of insurances, lease transfer agreement etc) with supervision and based on templates where appropriate
• Taking responsibility for general transaction management and ensuring that key milestones are achieved including preparing and running documentation checklists, liaising with the client and all relevant stakeholders, preparing client updates, coordinating non-English law workstreams, attending calls, coordinating signing, managing filings and registrations and post-closing matters
• Preparing legal opinions and conditions precedent satisfaction letters with supervision and based on templates where appropriate
• Advising clients in meetings, on the phone and in writing
• Legal research
• Business development – working with the Asset Finance Business Development team on development of personal plan, assistance with and implementation of business development campaign
• Supervision of junior team members
• Collaborating with the wider Firm’s network and external legal counsel
• Contributing to development of the internal know-how and data base

Key requirements

• Qualified lawyer, with 1-3 years’ post qualified experience within asset finance
• Strong technical knowledge of the legal framework surrounding structured and asset finance particularly in the field of shipping and offshore finance
• Intellectual curiosity and versatility
• Self-starter with the desire and ability to continuously acquire, build upon and share knowledge
• Detail-focused and self-motivated approach
• Strong organisational skills, with the ability to manage multiple deadlines
• Excellent client relationship skills
• Sound experience of operating at associate level within a complex international organisation
• Strong commercial/business acumen with the ability to deliver creative and pragmatic solutions and advice
• Excellent communication and interpersonal skills, with the ability to interface at all levels and particularly to win the respect of the partner and fee-earner community, building strong relationships with both internal and external stakeholders
• Collaborative team player with the ability to develop and work in a fast paced, intellectually rigorous environment
• A person of sound judgment, able to establish a high level of credibility

Should you require additional support at any stage of the recruitment process due to a disability or a health condition, please do not hesitate to contact a member of our recruitment team who will work with you to provide any adjustments as required.

We are an equal opportunities recruiter and do not discriminate on the basis of race, colour, sex, religion, sexual orientation, national origin, disability, or any other protected characteristic.

We recognise that our people are our most valuable asset, which is reflected in the wide range of benefits that are available to our employees. Some of these benefits include: our occupational pension scheme, group income protection cover, private medical insurance, mental health resources and free apps, health and wellbeing services encompassing an onsite gym, wellbeing centre and GP service, emergency back-up care support, parental and special leave, holiday entitlement increasing with length of service, holiday trading, season ticket loans and online discounts and lifestyle management services.

Our approach to hybrid working seeks to combine and maximise the benefits of effective remote working with the benefits of being in the office. Our current hybrid working arrangements require office based working for a minimum of 60% of your time (i.e. three days per week for a full time role) in accordance with our hybrid working policy.

Additional information - External

A&O Shearman is a global industry-leading law firm, with nearly 50 offices in 28 countries worldwide. Our fluency in English law, US law, and the laws of the world’s most dynamic markets, enables us to provide unmatched insight and seamless delivery to clients. We work on challenging and important deals and disputes that have the potential to shape the future.

We offer exceptional opportunities for our people; opportunities to work for the world’s leading businesses; to transform the status quo, and to deliver your best work, helping you and your career to thrive, while delivering unparalleled outcomes for our clients.

Whether you're helping clients solve complex challenges, transforming the ways we manage our business, or ensuring the smooth-running of our operations, this is an environment where you can belong and excel. We provide first-rate training and development, we are committed to an inclusive environment, and we provide support and ways of working that help you optimise your wellbeing.

What truly defines a career with us? We recruit the best and ask for the best of you. And together, we will redefine success.