An exciting opportunity for a Qualified Solicitor at a Multinational Investment Bank in London!
A Multinational Investment Bank in London is currently recruiting for a Qualified solicitor to join their Global Transaction Services Branch. This is a very interesting opportunity for someone with experience in Cash/Treasury Management and Trade Finance!
Trade Finance -Advising in respect of often complex multi-jurisdictional trade finance transactions (such as approved payables/receivables financings and structured trade facilities) -Advising on client negotiations -Handling multi-jurisdictional due diligence reviews in relation to geographical product expansion and transactions -Preparing/advising on GTS template contractual/transactional documentation for trade finance transactions, including in the following areas: - Invoice discounting, approved payables finance (supply chain finance), receivables finance - Pre- and post-export financing, including Export Credit Agency-backed loans - Traditional trade import and export letters of credit, confirmation, discounting bills, etc.; guarantees, standby letters of credit, and related bilateral facilities and documentation - Risk participations where the bank is either seller or buyer - Electronic services, including for issuance of letters of credit and guarantees General -Working closely with other internal lawyers, including regulatory and credit lawyers, compliance and other partners. -Reviewing and advising on publications and other communications for internal and external use. -Efficiently engaging and managing outside counsel, as necessary. -Liaising with the litigation team, as needed, to address and manage disputes and litigation matters and related risks. -Acting as strategic partner to the business. -Providing general legal support to the business, including the procurement of appropriate regulatory advice. -Supporting business project initiatives. -Sharing know-how with other members of the EMEA Legal team. Knowledge / Experience: -English qualified solicitor (or equivalent). -Detailed knowledge of cash and treasury management services or trade finance.-Ability to provide business-focused legal advice and communicate clearly. -Ability to quickly understand and work on a wide variety of matters to demanding deadlines. -Excellent negotiation and organisational skills. -Some experience with US regulation (e.g. Regulation W (Affiliate Transactions); OFAC) is helpful.
Cash/Treasury Management The GTS EMEA Legal team also supports the GTS cash and treasury management business, including in relation to existing and new product initiatives, offerings and services, regulatory issues arising out of the provision of global/pan-European payment and treasury services; related credit support documentation (e.g. parental guarantees), which includes: -Advising on client negotiations of global and local client contracts, including account and electronic services documentation and liquidity contracts covering, among other services, notional account netting, physical cash concentration (sweeping) and interest optimisation arrangements. -Reviewing, updating and drafting relevant contractual documentation for GTS services. -Due diligence for clearing system participations -Advising on new service offerings -Handling queries from partners, including Product, Contract Management, Treasury Sales Officers, Fulfilment (including client services) and Operations on a range of product, client, payment and operational related issues.
If this sounds like something that might be of interest to you, do not hesitate to get in touch!
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
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