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Legal Advisers
7 months ago
**Details**:
**Reference number**:
- 352297**Salary**:
- £76,000- A Civil Service Pension with an average employer contribution of 27%**Job grade**:
- Grade 6**Contract type**:
- Permanent
- Fixed term**Length of employment**:
- 12 Months**Business area**:
- UKEF - Legal and Compliance Division**Type of role**:
- Legal Services**Working pattern**:
- Flexible working, Full-time**Number of jobs available**:
- 4Contents
Location
About the job
**Benefits**:
Things you need to know
Location
- Westminster, LondonAbout the job
**Job summary**:
The Legal Division is the in-house legal function at UKEF and is part of the Legal and Compliance Group. It provides legal advice on all aspects of the Department’s work in accordance with the Department’s legal obligations and risk appetite and in a manner that achieves the Department’s commercial objectives as an export credit agency.
The work is varied on a daily basis, including entering into and managing banking and finance agreements with banks, exporters and overseas buyers in support of UK exports and overseas investments. Products range from short-term trade finance and trade credit insurance on standard terms to complex arrangements for the financing of high value infrastructure projects and assets involving multiple commercial parties and other national export credit agencies and multi-lateral institutions. Although UKEF’s agreements are governed by private law, the methods of operation of the Department and its decision-making processes are governed by public law.
The Legal Division is currently headed by the Co-Heads of the Legal Division, who alongside the Director of Legal and Compliance, are responsible for managing all legal advice and legal risk for the Department. The 15 or so other Legal Advisers and two paralegals maintain a busy work load consisting of transaction and advisory work for the Department and are organised into small teams, each reporting to a Team Leader. We are recruiting to increase the size of the Legal Division. The Division is supported by a Legal Support Team, which comprises the Office Manager/PA to the Co-Heads of the Legal Division, and a legal support assistant.
**Job description**:
The post-holders (Legal Advisers) will be required to provide high-quality commercial, financial and public law advice over a wide range of areas of legal practice, with mínimal supervision.
**Banking and finance focused roles**
Although individual Legal Advisers may have a focus on areas of finance such as syndicated lending, asset finance (including aviation and shipping), project finance and trade finance, Legal Advisers are required to operate in a wide range of areas of legal practice. These could include:
- export finance, general banking and trade finance matters;
- trade credit and investment insurance;
- public and private debt restructuring, claims and recoveries and reinsurance work;
- debt capital markets, Islamic financing, swaps and derivatives;
- public and private law litigation and judicial review;
- public law matters;
- public procurement law matters;
- international agreements governing the provision of export credits and public international law matters;
- information law, including the Freedom of Information Act and the Environmental Information Regulations requests and the UK GDPR.
**Public law focused role**
In addition to the above, the Legal Division is looking for an individual with demonstrable experience in providing legal advice on public law matters including statutory powers, policy compliance, state aid and subsidies and/or public law litigation such as judicial review. It is anticipated that this postholder will devote a majority of their time in the Legal Division working on these matters though they will, under appropriate legal supervision, also advise on the broader areas outlined above and depending on the needs of the team.
In all Legal Adviser roles, knowledge of environmental, social and governance (ESG) matters as they relate to finance transactions and/or public law issues would be advantageous.
Legal Advisers are required to provide high-quality legal advice and support clients at all stages of transactions, from structuring, negotiation, signing and completion through to all aspects of post-issue transaction management, including amendments, claims and recoveries and litigation. This also involves responsibility for managing relationships with key clients within the Department and a variety of external stakeholders.
Assistance may also be needed for other aspects of the Legal Division’s legal work and amendments to existing products to reflect changes in law or policy as well as contributions to cross-Department projects. The roles in Legal Division are varied and the post-holders must therefore be willing to learn about areas of law with which they are unfamiliar.
Legal Advisers must have strong interpersonal skills to work as part of a team and to interact with Depart
