Banking (Corporate Lending and Leveraged Finance) Senior Associate

Osborne Clarke LLP's banking team is a well-established, in certain cases market leading, practice that has enjoyed remarkable growth, most recently in the City where it is now a 7-partner team. We have strong relationships with all the UK's major clearing banks and we are fully integrated into OC's international network. The team's reputation is particularly strong in the firm's key sectors of technology, media and comms; financial services and the built environment.

The team advises on corporate lending, fund finance, venture debt, leveraged finance, ABL, project finance and real estate finance.

The practice

This role will primarily be focussed on corporate lending and leveraged finance work, areas in which we have a well-established and growing profile and in which further strategic growth is envisaged. The successful candidate will also expect to gain exposure to the banking team's other core offerings described above.

The team has nurtured relationships with a number of active financial institutions (including credit funds) and intermediaries, and we advise a number of the leading corporates in our markets and chosen sectors. We advise on financings across the capital stack as well as stressed and special opportunities investments. Alongside this, we provide debt finance support to the firm's well-reputed mid-market private equity team in the context of leveraged and management buy-outs, refinancings and exits, as well as advising many corporates. It is expected that the successful candidate will work closely with our private equity team supporting our financial sponsor clients.

The team also has significant experience advising on financial restructurings alongside Osborne Clarke's specialist insolvency team.

The team

The UK banking team, located across our London, Bristol and Thames Valley offices, currently consists of 9 Partners, 1 Legal Director, 6 Associate Directors, 6 Senior Associates, 9 Associates, 6 Trainee Solicitors and 4 Paralegals. This role will report to Tom Bussy (Partner). Ben Truman, based in London, leads the team.

Technical skills and experience

You will preferably have done a mix of corporate lending work and leveraged finance work within a stand-alone finance or banking team at a leading national or international firm.

The candidate will have excellent transaction and conditions precedent management skills and so be capable of running or supervising this aspect of the deal, as required. The successful candidate will support the development of more junior team members.

The ideal candidate will also have attained a degree of proficiency in drafting and reviewing facility agreements, intercreditor/subordination agreements, security documentation and legal opinions, as well as bid commitment papers.

Due to the nature of the work and the structure of the team, we are looking to appoint a Senior Associate in this area, although we may consider candidates with more or less experience.

Your career development

Like all our lawyers, you will benefit from our multi-award winning career development programme. At each stage of your career this provides you with:

• clear expectations of your role and what it takes to progress;
• high quality clients and work, with early responsibility and client exposure;
• thorough assessment and individual feedback from a range of experienced colleagues;
• robust technical training with early skills based development, increasingly tailored to you; and
• reward for your contribution, progression and potential, rather than PQE or tenure.

Salary and benefits

We offer competitive salaries and generous benefits.