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Counsel, Funds and Direct Investment, Othery
Client: British Business Bank
Location: Othery, United Kingdom
Job Category: Finance
EU work permit required: Yes
Job Reference: db7d9ed5eae2
Job Views: 7
Posted: 09.02.2025
Expiry Date: 26.03.2025
Job Description:
Description
Location: Sheffield / London / Hybrid Working (Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Please note that any same band and job family internal moves will not present any pay increase.
* 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
* 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
The Role
We are currently recruiting for a new Funds Lawyer to work within our existing in-house Legal Team. This role will provide legal support to a number of product areas covering a broad range of funds-based transactions and support the activities of the wider Legal and Governance team.
The role will focus primarily on supporting fund investment programmes across BBB including transactions in private closed ended debt funds and venture capital funds, funds-of-funds, listed funds, and non-regulated investment vehicles funded by private and public sources of finance.
You will also advise on financial regulation and provide general commercial advice in an in-house financial services context. You will be required to manage external counsel and legal fees, and all members of the legal team are required to contribute to know-how and training.
This is a fantastic opportunity for a lawyer with a minimum of 4 years+ PQE. This position will be based in London or Sheffield and will be a hybrid role with a requirement to work 2 days per week in the office.
To be considered for this role, the postholder will ideally have established post-qualification experience, ideally with some in-house experience advising on and managing funds transactions in the financial services/asset management space.
Excellent technical skills are essential, as well as knowledge of a range of products within the funds space, including debt and venture, private closed ended and publicly listed, foreign and domestic funds structures.
Experience of acting for institutional investors with a similar profile to the Bank would be a distinct advantage. Strong transactional skills, with experience of working with front line business leads essential and managing external legal counsel would also be highly desirable.
You will have technical expertise in financial regulation advisory, both supporting due diligence and investment structures in transactional work as well as advising on the Bank’s own activities.
Knowledge of one or more of state aid, public law, freedom of information, data protection, judicial review, procurement law would be an advantage, but training and support will be given.
General commercial legal skills, including an ability to handle non-funds legal work in an in-house environment would be beneficial; however, candidates applying from private practice roles will also be considered provided they can demonstrate a genuine ability to adapt to an in-house environment.
Click this link to view the full job description
The British Business Bank is an established and influential institution with a key mission of driving sustainable growth and prosperity throughout the United Kingdom. It plays a vital role in supporting access to finance for smaller businesses, facilitating their development and contributing to the transition towards a net zero economy.
Since its inception in 2014, the British Business Bank has functioned as a government-owned economic development bank, operating independently to fulfil its objectives. It collaborates with over 200 delivery partners, including high street, digital, specialist, and challenger banks, venture capital and private debt funds, as well as fintech platforms, to implement its programs effectively.
With offices in Sheffield and London, the British Business Bank currently employs approximately 550 individuals.
As an organisation that values flexibility, wellbeing and collaboration, the British Business Bank introduced a hybrid-working model in 2020. Our colleagues typically spend an average of 2 days per week working in our offices, striking a balance between the advantages of remote work and the benefits of in-person collaboration. The successful candidate for this role should be able to commute to our office (unless specified).
At the British Business Bank, we aim to represent the communities we serve, firmly believing that different perspectives make us stronger. We strongly encourage applications from individuals with varied experiences and backgrounds.
As a Disability Confident employer, we commit ourselves to having an inclusive, equitable and accessible recruitment process supporting applicants and employees, making reasonable adjustments whenever it is feasible.
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