Senior Associate, Banking
Ashurst is a leading global law firm with a history spanning almost 200 years, and clear strategy for our future growth. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit here .
In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.
Ashurst's banking and capital markets practice are recognised by its clients to be some of the most innovative and solution orientated legal practices today.
Over recent years, Luxembourg has secured its status as a key financial centre and as one of the frontrunners of preferred EU locations for transfer of business related to Brexit, that is only set to increase. Ashurst has decided to capitalise on this by growing our client offering on-site, building on the proven track record of our established Luxembourg desk.
We are currently looking for a senior-level qualified banking lawyer who would be supporting Ashurst's Luxembourg banking practice in addition to having the opportunity to grow her/his own client base. You can expect to have exposure to a wide range of high quality transactions. You would typically act on all elements of a financing from term sheet stage, through to closing and post-closing. Your specific areas of responsibility will be to draft and negotiate term sheets, intercreditor agreements, facility agreements and related security documents; ensuring a smooth process to transaction close. To this end, you will be supervising and leading a team of junior lawyers. The role will also involve your advising borrowers and/or other lenders in the capital structure (e.g. providers of term acquisition debt) as to their rights and obligations vis a vis asset based elements of the overall financing package. We would expect you to progress to running transactions and managing junior associates with limited partner supervision as your career progresses.
You would also be expected to manage projects that have been assigned to you, and liaise closely with colleagues, clients, counterparties and other advisers. You would be working as part of a committed and inspired friendly team that enjoys its work and considers itself a leader in its field of practice. All members of the team have frequent client contact and must be willing to travel
Typical responsibilities include:
While not a prerequisite, we would also be interested in candidates with the following additional experience:
In addition to strong technical skills, you should be able to demonstrate an enthusiasm for business development and strong interpersonal skills as there will be significant client contact, in both the work and business development context. You will be expected to understand the importance of developing client relationships and a desire to build develop your own client network with support and guidance from the partners and wider team.
Essential skills and experience:
We are proud to offer competitive remuneration packages in addition to attractive firm wide benefits.
An established Associate Career Path Framework is in place clearly defining expectations and outlining opportunities for promotion.
Opportunities often arise for associates to spend time on secondment in house with a key client of the firm. From time to time, secondment opportunities also come up within other Ashurst offices in Europe, North America, Asia and Australia.