Penningtons Manches Cooper
Job title:
Associate – Banking and Finance
Company
Penningtons Manches Cooper
Job description
OverviewOur Banking and Finance team advises on a wide range of funding arrangements. The team acts for borrowers and lenders, including international banks and commodities companies.Our expertise covers secured and unsecured credit facilities (bilateral and syndicated), development and property finance, acquisition finance, project finance, asset finance, receivables finance, trade finance, mezzanine finance and other structured finance transactions including complex inter-creditor and security sharing arrangements.An exciting opportunity has arisen for an Associate (1-4PQE) with experience in Trade Finance to join our growing Banking and Finance team. Work will include bilateral and syndicated secured and unsecured lending, trade finance, banking regulation and compliance, money laundering regulations and sanctions work.The firm has a strong trade finance and commodities and litigation department which is supported by the Banking and Finance team.We are looking for candidates who have experience in trade finance, letters of credit, receivables financing and an understanding of regulatory capital and how insurance and non-payment insurance is used.ResponsibilitiesThe successful candidate will be expected:
- To undertake fee-earning work and provide a profitable contribution to the work of the division.
- To contribute to the successful development of the firm in line with the business plan and the firm’s commonality of purpose.
- Engage in relevant BD and marketing work
- To deliver a high quality commercial legal service ensuring personal compliance with quality standards and professional ethics.
- To be an ambassador for the firm at all times and always promote it in a positive light.
Excellent support and progression opportunities are on offer.Essential & Desirable Criteria
- Admitted to the roll of solicitors
- 1-4 years post qualification experience
- Letters of credit and bills of exchange
- Credit and non- payment risk insurance
- Electronic shipping and trade documentation
- Borrowing base and reserve based lending structures
- Export credit arrangements
- Pre-payment and limited recourse financing
- Receivables finance
- Transfer of receivables and forfaiting
- Silent payment guarantees and independent payment undertakings
- Oils, gas, metals and soft commodities
The firm operates a hybrid agile working policy allowing employees to work from home (or another UK location) for at least 50% of their time. Individuals can also apply for other flexible working options either at the time of recruitment or during the course of their
employment.At our firm, Diversity, Equity and Inclusion is a priority and at the heart of everything we do. We actively want to attract a diverse workforce and welcome applications from everyone, from all backgrounds. We are committed to promoting an inclusive culture where everyone can be their full selves and experience being seen and heard. You can find out more about our firm’s commitment, initiatives and Pennclusion committees .We ensure that there are equal opportunities and treatment for all job applicants and employees, at all stages of the recruitment process and employment, regardless of age, gender reassignment, marriage or civil partnership, pregnancy and maternity, disability, race (including colour, nationality, ethnic or national origin), religion or belief, sex, sexual orientation, gender identity, gender expression and social background. We aim to provide adjustments for people who have a disability, long-term health condition (including mental health) or neurodiversity. If you would like to request an adjustment, please contact [email protected]
Expected salary
Location
London
Job date
Sun, 01 Dec 2024 02:20:32 GMT
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