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Lloyds Banking Group; Chester; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Pension up to 15%

Annual performance-related bonus

Share schemes

Discounted shopping

30 days holiday + bank holidays

Wellbeing initiatives

Parental leave

Job summary

Lloyds Banking Group is seeking a Securitisation Lawyer within Securities & Asset Management Legal. The role covers structuring and execution of securitisation transactions across asset classes, with a focus on debt capital markets and regulatory risk.

The successful candidate will collaborate with Global Markets, Risk, Compliance and other Legal teams in a hybrid working model. You must be a legally qualified lawyer with a current practising certificate and demonstrable securitisation

Qualifications

• Qualified and hold a current practising certificate in a relevant jurisdiction.
• Experience in securitisations and debt capital markets with transferable legal skills.
• Ability to analyse deal structures and documentation for securitisation transactions.
• Strong communication, influencing and relationship-building abilities.
• Growth mindset to broaden knowledge across DC markets and ESG topics.

Responsibilities

• Provide high-quality, pragmatic legal advice on securitisation transactions from structuring to execution.
• Advise on transactions across asset classes, identifying legal and regulatory risks.
• Negotiate complex transaction documentation with stakeholders and external counsel.
• Support development of innovative funding and capital markets solutions aligned to business goals.
• Build trusted relationships across Global Markets, Risk, Compliance and Legal & Secretariat.
• Monitor regulatory developments affecting securitisation and debt capital markets.

Skills

Securitisation transactions

Debt capital markets

Legal advice

Regulatory risk

Stakeholder management

Education

Qualified lawyer with practising certificate

Job description

Securitisation Lawyer - Securities & Asset Management Legal

JOB TITLE: Securitisation Lawyer - Securities & Asset Management Legal

LOCATION(S): London, Bristol, Cardiff, Chester, Edinburgh, Halifax & Leeds

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

About this opportunity

This is an excellent chance to join the Securities & Asset Management Legal team (SAML) in a permanent role. SAML brings together specialist lawyers working closely with the Global Markets business area for clients in the UK and overseas. The team supports business across a variety of debt capital markets transactions for its clients. Products include securitisations, unsecured primary bond issuance (IG/HY), private placements, social housing bonds and liability management exercises as well as other innovative capital markets products in the ESG, digital and PVLB spaces.

We’re looking for a lawyer to support primarily on securitisation transactions involving various asset classes. These include mortgage loans, credit cards, auto loans and trade receivables. The role covers the structuring and development of transactions through to launch. You’ll also have the chance to learn about other types of debt capital markets transactions supported by the team, and to collaborate on initiatives with colleagues across Legal & Secretariat (L&S).

Now is a superb time to join us, given this is a growing and strategic area for the Group and a market-leading business area. You would become part of a positive, encouraging and pragmatic legal team, reporting directly to the Head of Legal of SAML. As Lloyds Banking Group delivers its new Accelerate 2030 strategy, L&S has an important role to play in helping the business grow safely and sustainably, maintaining a strong people-centred culture and delivering better client outcomes through simplification, technology and innovation. If you’re searching for a great opportunity to continue building your knowledge and to develop your career, you can achieve these goals in this role.

What you’ll be doing:

Providing high-quality, pragmatic legal advice on a broad range of securitisation transactions, supporting the business from initial structuring discussions through to execution and post-closing activities.

Advising on transactions across a range of asset classes, including residential mortgages, credit cards, auto loans and trade receivables, helping the business identify and manage legal and regulatory risks.

Negotiating complex transaction documentation, working closely with internal stakeholders, external counsel, issuers and other market participants.

Supporting the development and delivery of innovative funding and capital markets solutions, ensuring legal advice is aligned to commercial objectives and client outcomes.

Building trusted relationships with colleagues across Global Markets, Risk, Compliance and Legal & Secretariat, acting as a valued adviser on strategic and day-to-day matters.

Monitoring legal and regulatory developments affecting securitisation and debt capital markets products, providing clear guidance on potential impacts to the business.

Contributing to wider Legal & Secretariat initiatives that enhance legal risk management, operational efficiency, knowledge sharing and colleague development.

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

What we’re looking for:

You must be legally qualified and hold a current practising certificate in a relevant jurisdiction. Your post qualification experience, whether gained in private practice or in a mixture of private practice and inhouse, will have given you a good understanding of the legal and regulatory framework and market practices applying to securitisation transactions. If that is not quite the case, but you have proven legal expertise in finance and/or capital markets, clearly transferable skills, and are serious about your development, we would still be pleased to consider your application.

In addition to this:

A clear understanding of and experience providing legal advice on securitisations and be confident analysing and discussing deal structures and documentation for these transactions.

A curious and growth mindset to learn about a broader range of debt capital markets products and the business itself.

Ability to provide sound and commercial legal advice and to identify and manage legal risk.

Able to work well both as an individual and in groups, with the backing of a friendly team who will help you develop your skills and knowledge.

Excellent communication skills, be great at building trust and influencing others, and want to grow internal and external networks to help achieve more together.

Able to appreciate the chance to come up with innovative ideas, find opportunities, challenge where appropriate and build consensus.

Relish the opportunities to develop yourself and upskill in areas which impact this business, including in matters of ESG, Data, Tech Advances and Digitalisation, as well as the other legal and regulatory issues which impact UK banks, from ring-fencing regulations to cross-border considerations.

Keen to support wider L&S and business initiatives aligned to the Group’s Accelerate 2030 strategy, including work that improves connectivity, efficiency and the quality of legal risk management.

We’ll support your growth with continuous training and development opportunities, regular feedback and career conversations to help you fulfil your career potential, whatever your aspirations may be.

This is a place for you

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

We also offer a wide-ranging benefits package, which includes:

A generous pension contribution of up to 15%

An annual performance-related bonus

Share schemes including free shares

Benefits you can adapt to your lifestyle, such as discounted shopping

30 days' holiday, with bank holidays on top

A range of wellbeing initiatives and generous parental leave policies.