Banking Senior Associate

Shoosmiths is the law firm clients choose for excellent service, incisive thinking and above all for our ability to focus on what matters. From offices across the UK and Brussels, we support some of the world’s most exciting and ambitious businesses; amazing clients making an impact. We empower our people to be their authentic selves and deliver together in supportive teams committed to excellence and innovation. The first top 50 law firm to achieve ‘Platinum Standard’ Investors in People, our values and culture are not just words on our website but are the heartbeat of the firm.

We have an outstanding benefits package to complement our competitive remuneration system. In addition to the competitive salaries, great working environment and high-quality work, we believe that all staff should be rewarded for their commitment to the continued success of the firm through a comprehensive and flexible range of benefits.

To discover more about our benefits, please visit: Benefits Package

Our national banking and finance team advises clients on a range of financing transactions across a wide variety of sectors, often with a multi-jurisdictional element. Acting for borrowers, lenders and investors means we have a practical understanding of the needs of all parties to a financing transaction. Our expertise extends to corporate lending, leverage finance, asset finance, real estate finance (investment and development), project finance and invoice discounting both on a bilateral and a syndicatable basis. We work closely with some of the UK's major banks and financial institutions, and have approved panel status with many of them.

Our growing London office is dynamic and entrepreneurial, affording a great opportunity for an ambitious lawyer to contribute to expansion of the practice and to advance personally.

We have a fantastic opportunity for a Senior or Principal Associate to join our market leading Asset Based Lending practice.  Recently ranked by Legal 500 nationally as Band 2 (with the regional team ranked in Band 1) the team continues on its upward trajectory acting for an impressively broad range of lender client and undertaking some of the largest and most complex transactions in the market.

In addition, we have an established banking team nationally which operate as one therefore you'll benefit from taking part in shaping the local team and brand whilst having the structure and support to help you progress in your career. 

We have a close working relationship with our litigation and restructuring colleagues offering our clients a one stop shop for all things related to Asset Based Lending.

We also work closely with our corporate practice developing asset based lending as a funding option of choice for corporate acquisitions and re-financing working for a range of borrowers.

The work on offer is varied across full transaction lifecycle including drafting and negotiating facility agreements and security documents (both LMA and non-LMA form), negotiating intercreditor arrangements, drafting standard form precedent documentation (which the team has a particular reputation for), working for borrowers and lenders on back to back arrangements and any other matters relating to live lending transactions, as well as supervising junior team members. The team does a material amount of in life work on a portfolio basis working with lenders on waivers, re-sets, restatements. 

With a consistent volume of transactions, this is an excellent platform to assume matter responsibility and there is ample opportunity to participate in client development initiatives.

Our approach to our people is underpinned by our approach to diversity, inclusion and well-being. Our ambition is to build a diverse and ambitious workforce that reflects all backgrounds and talents, and a workplace that is supportive and inclusive, recognises and nurtures talent, and has a strong sense of community between colleagues.

This means that everyone who either applies to or works for the firm is treated equally, whatever their gender, age, ethnic origin, nationality, marital status, disability, sexual orientation or religious beliefs.

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