Lawyer – Asset Finance

Opportunity Review: Lawyer - Asset Finance

This is an exciting opportunity for a qualified UK solicitor with at least 4 years of post-qualification experience (PQE) to join a dynamic Banking Products Legal team at Lloyds Banking Group. Specializing in Asset Finance, this role offers the chance to contribute significantly to the growth and innovation within the Business and Commercial Bank (BCB) and Corporate and Investment Bank (CIB) divisions.

Key Advantages for Candidates:

• Career Growth and Specialization: This role provides a clear pathway for legal professionals to deepen their expertise in Asset Finance, a critical and expanding area of the financial services sector. You'll be at the forefront of product development, regulatory change, and strategic initiatives.
• Impactful Work: You will be instrumental in supporting ambitious growth strategies across a diverse range of asset finance products, from hire purchase to receivables purchase, serving both consumers and large corporate clients. Your advice will have a tangible impact on the business.
• Supportive and Collaborative Environment: The Banking Products Legal team is described as supportive, encouraging collaboration and a proactive, solutions-focused approach. You'll work alongside experienced colleagues and have opportunities to mentor and be mentored.
• Flexible Working: Lloyds Banking Group embraces flexible working. This role offers a hybrid working model, allowing for a balance between office-based collaboration and remote flexibility. This is a significant advantage for work-life integration.
• Comprehensive Benefits Package: Beyond a competitive salary range of £87,552 - £97,280, candidates can expect a generous benefits package including pension contributions, share schemes, adaptable lifestyle benefits, ample holiday entitlement, and robust wellbeing and parental leave policies.
• Commitment to Diversity and Inclusion: Lloyds Banking Group has a strong and demonstrable commitment to diversity, equity, and inclusion, creating an environment where everyone can thrive. They offer reasonable workplace adjustments and actively support candidates with disabilities.
• Geographic Diversity: The role is available in multiple locations across the UK, including Bristol, Cardiff, Chester, Edinburgh, Halifax, and Leeds, offering flexibility in where you choose to base yourself.

Key Considerations for Candidates:

• Asset Finance Expertise: A strong understanding of the legal and regulatory framework for asset finance is essential. While experience with small and mid-sized corporate clients is ideal, a solid foundation in the principles of asset finance is paramount.
• Proactive and Solutions-Oriented Mindset: The role requires an individual who can proactively identify risks, offer pragmatic solutions, and drive continuous improvement. A passion for the work and a positive, team-oriented approach are highly valued.
• Collaboration and Influence: The ability to build strong, collaborative relationships and confidently influence, inform, and challenge stakeholders is crucial for success in this cross-functional role.
• Continuous Learning: Staying abreast of regulatory, industry, and legal changes is a key responsibility. This role is ideal for someone committed to ongoing professional development.
• In-house or Financial Institution Experience: While not strictly mandatory, prior in-house legal experience within a financial institution or asset finance provider, or specific experience with intermediary relationships and receivables financing, would be highly beneficial and could set candidates apart.

Guidance for Career Path:

For legal professionals seeking to specialize in a high-demand area of finance law, this position is an excellent opportunity to gain significant experience within a leading UK financial institution. The focus on product development and innovation means you'll be engaged in forward-thinking legal work. The supportive culture and emphasis on continuous learning provide a strong foundation for long-term career progression within Lloyds Banking Group or the broader financial services sector.

This role is well-suited for ambitious lawyers who are looking to make a substantial contribution while enjoying a rewarding and flexible work environment.