Counsel, Funds

British Business Bank plc; Sheffield; Hybrid; GBP 75,000 - 90,000; Full time

Benefits offered by this job

30 days leave

Bank holidays

Pension 15%

Flexible working

Cycle to work

Health plan

Income protection

Life assurance

Job summary

British Business Bank plc seeks a Counsel to support funds-based transactions and broader legal matters within the Legal & Corporate Governance team. You will advise on investment structures, financial regulation and commercial issues, collaborating with product teams, central functions and external advisers.

Experience advising on funds transactions, ideally in financial services or asset management, and a UK qualification are essential.

Qualifications

• Experience advising on funds transactions, ideally in financial services or asset management.
• UK legal qualification and ability to explain advice clearly to stakeholders.
• Ability to work across funds-based transactions and related matters.

Responsibilities

• Provide legal support across funds-based transactions and related matters within Legal & Corporate Governance.
• Advise on investment structures, financial regulation and commercial matters with product teams and external advisers.
• Support transactions involving debt funds, VC funds, funds-of-funds, listed funds and other investment vehicles; manage legal advice and due diligence.
• Demonstrate experience advising on funds transactions and UK regulatory considerations.

Skills

Funds transactions

Financial services

In-house legal

UK-qualified lawyer

Education

Solicitor qualification (UK)

Job description

Counsel, Funds

Application Deadline: 20 October 2026

Department: Legal & Corporate Governance

Employment Type: Permanent

Location: Sheffield

Compensation: £75,000 - £90,000 / year

Description

Location: Sheffield / London Hybrid Working

(Expectation that you will attend an office 2 days per week)

Contract: Permanent

Salary: Up to £75,000 Sheffield and up to £90,000 London

Hours: Full-time 37.5 hours per week/flexible days and/or hours (Mon-Fri)

THE ROLE

In this role you will provide legal support across a range of funds-based transactions and wider legal matters within the Legal and Corporate Governance team. You will advise on investment structures, financial regulation and commercial matters, working with product teams, central functions and external legal advisers.

You will support transactions involving debt funds, venture capital funds, funds-of-funds, listed funds and other investment vehicles funded by public and private finance, helping manage legal advice, due diligence and transaction support, while contributing to practical, well-informed outcomes.

You must be able to demonstrate experience of advising on funds transactions, ideally in financial services, asset management, in-house legal or private practice. You will bring sound technical legal knowledge, good judgement and the ability to explain legal advice clearly to a range of stakeholders and be qualified to practise law in the UK.

Key Benefits

• 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
• 15% employer pension contribution
• Flexible working
• Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
• Paid voluntary days, maternity, paternity, adoption, and shared parental leave
• Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more