Legal Counsel - Asset Management

Royal London; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading mutual life, pensions, and investment company seeks a Legal Counsel for its Asset Management division in London. This permanent role involves providing strategic legal advice, drafting key agreements, and managing legal risks. The successful candidate will collaborate within the team while engaging stakeholders across the organization, enhancing the services of a prominent financial institution.

Benefits

28 days annual leave

Up to 14% employer pension matching

Private medical insurance

Qualifications

• Experience in the Asset Management/Financial Services sector.
• Strong knowledge of investment management legal and regulatory issues.
• Understanding of corporate governance and FCA/PRA regulations.

Responsibilities

• Providing strategic legal advice on asset management activities.
• Drafting and negotiating agreements like investment management agreements.
• Advising on laws and regulations such as MiFID II and UCITS V.

Skills

Collaborative

Commercial acumen

Pragmatic problem solving

Strong interpersonal skills

Communication skills

Education

Solicitor qualification

Job description

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Legal Counsel- Asset Management

Location: London, GB

Company: Royal London Group

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 a team of in-house lawyers providing strategic legal advice, guidance, and support across Royal London’s Asset Management business.

This is a fantastic opportunity to join a growing team where you will undertake various legal activities, using your knowledge to support the Asset Management division and develop key relationships across the wider Royal London Group. You will benefit from working alongside experienced legal professionals who champion development and continuous learning.

About the role

• Providing proactive strategic legal advice and support to internal stakeholders on asset management activities, including portfolio management, distribution, rebate arrangements, non-disclosure agreements, fund documentation, and trading arrangements.
• Drafting, reviewing, and negotiating documentation such as investment management agreements, distribution agreements, fund documentation, and outsourcing agreements.
• Advising on the interpretation of laws and regulations impacting RLAM, including MiFID II, UCITS V, AIFMD, and AIFMD II.
• Leading legal aspects of projects, product development, and fund launches.
• Identifying, managing, and mitigating legal risks with pragmatic solutions.
• Collaborating on cross-organization projects and regulatory initiatives within the Group Legal team.
• Working with external counsel cost-effectively, providing strategic interpretation and communication of legal advice.
• Business partnering within the Asset Management division as delegated by the divisional counsel.

About you

• A collaborative, commercial, and pragmatic asset management solicitor.
• Experience in the Asset Management/Financial Services sector, gained in a law firm or in-house.
• Strong knowledge of legal and regulatory issues in investment management.
• Proactive, accountable, and able to work in a fast-paced environment.
• Understanding of corporate governance, FCA/PRA regulations, and their impact on the group.
• Excellent interpersonal and communication skills, capable of engaging stakeholders at all levels.

About Royal London

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

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

We offer benefits such as 28 days annual leave, up to 14% employer pension matching, private medical insurance, and more. See all our benefits here - Our Benefits.

Inclusion, diversity, and belonging are core to our culture. We celebrate diverse backgrounds and perspectives, recognizing the skills they bring to our organization.