Capital Markets Lawyer

Buchanan; Greater London; Presencial; GBP 90.000 - 140.000; Jornada completa

Descripción de la vacante

Buchanan is seeking a Capital Markets Associate for its London team, working on cross-border equity and debt deals for sponsors, corporates and financial institutions. The role covers both ECM and DCM, with drafting and negotiating prospectuses, offering memoranda and subscription agreements, and coordinating US securities compliance.

Ideal candidates will be US-qualified with a JD or UK/EU qualification and experience on US-style offerings.

Formación

• US-qualified capital markets associate with JD and solid securities experience.
• Experience with cross-border US offerings is preferred.
• Familiarity with 144A/Reg S deals and US disclosure standards is a plus.
• Ability to draft and negotiate principal transaction documents and related agreements.

Responsabilidades

• Draft and negotiate prospectuses, offering memoranda and subscription agreements.
• Coordinate cross-border counsel and manage due diligence on deals.
• Advise on US securities law issues and regulatory requirements (144A/Reg S/SEC-registered).
• Develop client relationships and progress deals with partners and clients.

Conocimientos

Capital markets

US law

Drafting

Cross-border deals

Educación

US JD

UK/EU qualification

Descripción del empleo

Capital Markets Associate across equity and debt, London (US class of 2022–2024)

We are working with a US firm whose London capital markets team works on cross-border equity and debt deals for private equity sponsors, corporates and financial institutions, from IPOs and rights offerings to bond issues, hybrid capital and liability management. The practice is growing and is hiring a 2022–2024 class year associate.

A broad capital markets role, not a high-yield seat

This isn’t a high-yield-only role, or a seat confined to either ECM or DCM. The team covers both equity and debt, so the role suits someone who would like to work across products. If you have specialised in one side of the market so far, you would be building on that, not starting again.

A mix of corporate, equity and debt work on a single deal is typical of the practice. Day to day, you would be drafting and negotiating prospectuses, offering memoranda and subscription agreements, running due diligence, and advising on the US securities law side of an offering, including whether it goes out under Rule 144A, Regulation S or both. You would also coordinate counsel in other jurisdictions and work with the firm’s M&A, private equity, banking and restructuring lawyers when a deal needs them. Over time, the aim is for you to run more of each transaction yourself and build your own client relationships.

The senior London lawyers between them cover IPOs, high yield, rights offerings, SEC-registered issues, MTN programmes, hybrid and convertible instruments, and sovereign debt across Europe, Africa and the Middle East. Because the firm’s private equity and asset management practices are strong, sponsor-related capital markets work comes up regularly too.

Who we’d most like to hear from

If you are a US-qualified capital markets associate with a JD and solid securities experience, you are the profile the firm is most keen to meet. Your US law grounding is central to much of the team’s work.

If you qualified in the UK or elsewhere in Europe and have worked on US-style offerings, the firm has said clearly that it will consider you. Experience with 144A/Reg S deals, US disclosure standards or SEC-registered issues would carry straight across.

If you have mainly done ECM or mainly DCM and would like a wider mix, this is a good place to get it. You would keep using what you already know while picking up the other side of the market.

Whichever you are

The firm is looking for a 2022–2024 class year associate, or equivalent seniority, with strong capital markets experience and good drafting and execution skills. You should be used to drafting principal transaction documents, working directly with partners and clients, and managing workstreams on complex deals. Cross-border offerings are a big plus, and so is any work for private equity sponsors.

It is less likely to suit lawyers without a capital markets background, or UK and European-qualified lawyers whose work hasn’t involved US securities law.

The role pays on the Cravath scale in London. The interview process has two stages, sometimes with an additional meeting with associates from the team.