Legal Counsel- Asset Management

Royal London; London; Hybrid; GBP 55,000 - 80,000; Full time

Job summary

Royal London seeks a Legal Counsel for its Asset Management team, offering a permanent position in London. The successful candidate will provide strategic legal advice, oversee legal documentation, and support regulatory compliance. Joining a growing team presents an opportunity for professional development in a supportive environment.

Benefits

28 days annual leave plus bank holidays

Up to 14% employer pension matching

Private medical insurance

Qualifications

• Proven experience in asset management legal roles.
• Strong understanding of FCA/PRA regulations.
• Excellent communication skills for engaging stakeholders.

Responsibilities

• Provide proactive legal advice on asset management activities.
• Draft and negotiate investment management and distribution agreements.
• Identify and manage legal risks effectively.

Skills

Legal knowledge in investment management

Stakeholder engagement

Strategic legal solutions

Regulatory compliance knowledge

Collaboration

Job description

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Job Title: Legal Counsel – Asset Management

Contract Type: Permanent

Location: London

Working style: Hybrid 50% home/office based

Closing date: 24th June 2025

We are currently looking for a Legal Counsel to join our highly regarded Group Legal Team on a permanent basis in London. This role will support Royal London’s Asset Management business by providing strategic legal advice, guidance, and support.

This is a fantastic opportunity to join a growing team where you will undertake a range of legal activities, develop key relationships across the Royal London Group, and work alongside experienced legal professionals committed to development and continuous learning.

About The Role

1. Provide proactive strategic legal advice to internal stakeholders on asset management activities including portfolio management, distribution, rebate arrangements, and related agreements.
2. Draft, review, and negotiate documentation such as investment management agreements, distribution agreements, fund documentation, and outsourcing agreements.
3. Advise on interpretation of laws and regulations impacting RLAM (e.g., MiFID II, UCITS V, AIFMD, AIFMD II).
4. Act as Legal Lead on projects, product development, and fund launches.
5. Identify, manage, and mitigate legal risks, offering pragmatic solutions.
6. Collaborate on cross-organization projects and regulatory initiatives within the Group Legal team.
7. Work with external legal counsel cost-effectively and communicate advice strategically.
8. Partner with the business as delegated by the divisional counsel for specific asset management areas.

About You

1. Collaborative, pragmatic asset management solicitor with proven sector experience.
2. Strong knowledge of legal and regulatory issues in investment management, gained in law firms or in-house roles.
3. Proactive, taking ownership and providing commercial legal solutions in a fast-paced environment.
4. Solid understanding of corporate governance, FCA/PRA regulations, and their impact.
5. Excellent interpersonal and communication skills for stakeholder engagement at all levels.

About Royal London

We’re the UK’s largest mutual life, pensions, and investment company, offering protection, long-term savings, and asset management products.

Our People Promise emphasizes an inclusive, responsible, and fulfilling workplace, underpinned by our Spirit of Royal London values: Empowered, Trustworthy, Collaborate, Achieve.

We offer great benefits such as 28 days annual leave plus bank holidays, up to 14% employer pension matching, and private medical insurance. All benefits are detailed here.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Legal

Note: This job posting is active and not expired.