Securitisation Lawyer

Purpose of the role

To ensure that the bank's corporate and corporate governance (including public disclosures). Creation and periodic review of Legal documents in accordance with contractual arrangements policy. 

Accountabilities

• Development and implementation of best practice legal strategies for risk management and compliance.
• Legal advice and support to the bank on a wide range of legal issues, including disclosure and financial reporting, company and corporate law issues, corporate governance, Group Treasury securities issuances and programmes, regulatory capital, recovery and resolution planning and disclosures and contractual arrangements with financial utility providers.
• Representation of the bank in legal proceedings related to company and corporate legislation and regulatory requirements, Barclays' public disclosures, Group Treasury securities issuances and programmes, recovery and resolution planning and disclosures regulatory capital and network management, such as litigation, arbitration, and regulatory investigations, working together with other internal teams as appropriate.
• Creation and review of legal documents such as public disclosures, results announcements, securities offering documents, contracts, policies, and procedures to ensure compliance with applicable laws and regulations.
• Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's corporate and corporate governance, public disclosure, financial reporting, Group Treasury securities issuances, recovery and resolution planning, regulatory capital and network management activities.
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to corporate and company law issues, corporate governance, treasury securities issuances, recovery and resolution planning, regulatory capital and network management.
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

As a Securitisation Lawyer, you will provide daily legal and regulatory support across new and existing securitisation workstreams in collaboration with Treasury Legal Colleagues. Your role involves leading efforts to establish new sources of secured funding, including standalone risk transfer trades, while delivering specialist technical advice to Treasury stakeholders. This includes supporting secured funding programmes and standalone trades across Barclays Bank UK PLC, Barclays Bank PLC, and Barclays Bank Ireland PLC.  

Key Accountabilities

• Taking a leading role within the GCTL Team as Legal Business Partner to Barclays Treasury in relation to:
  • Assisting on Treasury's standalone issuances, including new significant risk transfer/similar trades.
  • Maintaining Treasury's secured debt issuance programmes. 
• Reviewing and drafting legal documentation for projects and transactions contemplated by Treasury with external counsel as necessary.
• Supporting on due diligence, representation and warranty reviews, disclosure and general securitisation transaction management. 

Essential Skills/Basic Qualifications: 

• UK qualified lawyer with good technical knowledge and experience of securitisation gained in private practice.
• Knowledge of significant risk transfer transactions and derivatives.
• Certainty in advising on key risk issues and mitigants and helping to make decisions.
• Execution-focused mind-set. Good attention to detail and transaction management skills.
• Comfortable with and used to working to tight deadlines. 
• Strong commercial focus with an aptitude for problem solving.
• Knowledge of unsecured issuance
• Prioritises and manages workload effectively.
• Takes ownership and sees matters to completion.
• Is a team player, collegiate and supportive of colleagues. 

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills

This is a fulltime, permanent role based in London.