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Lawyer - Private Credit

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Barings

Jul 27

  • Job
    Full-time
    Senior (5-8 years)
  • London
  • Quick Apply

AI generated summary

  • You must have expertise in private credit law, strong analytical skills, and experience in transactions. Excellent communication and negotiation abilities are essential.
  • You will provide legal support for private credit transactions, draft and review documents, advise on compliance, negotiate terms, and collaborate with internal teams and external parties.

Requirements

  • Qualified lawyer with 5+ PQE experience, including recent experience working in leveraged loans.
  • Experience with credit documentation including grids, term sheets and commitment letters, facilities agreements, intercreditor agreements and note purchase agreements.
  • Familiarity with Loan Market Association standard documents required.
  • Familiarity with distressed credits and support for workouts and restructurings a plus.
  • Familiarity with structuring and regulatory considerations in Europe, with key jurisdictions including UK, France, Germany, Italy, Benelux and Nordics.
  • Build relationships with, and work alongside, business teams and other members of the Legal Team, as appropriate.
  • Self-starter with a flexible “can-do” mentality and commercial approach.
  • Excellent organizational skills and the ability to manage competing workloads of diverse matters in a timely manner.
  • A team player, with a willingness to collaborate and share know-how amongst colleagues.
  • Strong written and oral communication skills.
  • Ability to work to tight deadlines and prioritize work according to urgency and importance.
  • Willingness to go beyond existing areas of expertise and work in new areas of law relevant to the business.

Responsibilities

  • Provide day-to-day support to European and APAC private credit, capital solutions, portfolio finance, private placement and infrastructure deal teams and portfolio managers on issues related to investments in middle market loans, capital solutions, portfolio investments, infrastructure loans, and private placement notes/bonds. Work will include negotiating term sheets (with or without access to external counsel), advising on key legal and commercial issues, advising on the legal structure of transactions and high-level local law considerations, assisting with executing transactions and instructing and liaising with external counsel.
  • Provide internal legal advice to new and existing Barings investment funds (typically SICAVs-SIFs, RAIFs, and limited partnerships) and managed accounts, including occasionally drafting and negotiating investment management agreements.
  • Provide internal legal advice and work closely with external counsel on matters relating to the Private Credit business such as capital call or fund leverage facilities for the Barings investment funds, or general investor queries.
  • Build relationships with and work alongside teams within the business including Product Management, Distribution, Operations, Compliance and Risk functions and other members of the Global Legal Team, as appropriate.
  • Assist with the identification of general corporate, tax, risk, regulatory, legal and compliance issues and interface with external law firms in order to render appropriate legal advice regarding the same.
  • Manage and maintain relationships with preferred legal advisors.

FAQs

What is the job title for the available position at Barings?

The job title is Lawyer - Private Credit.

Where is the position located?

The position is located in London, UK.

What department is the position part of?

The position is part of the Legal Department.

What will the successful candidate primarily support in this role?

The successful candidate will primarily support European and APAC deal teams in relation to middle market leveraged loans and other investment platforms.

What are some primary responsibilities of the Lawyer - Private Credit?

Primary responsibilities include providing day-to-day support to private credit deal teams, negotiating term sheets, providing internal legal advice to investment funds, managing relationships with external counsel, and assisting with corporate, tax, and compliance issues.

What qualifications are required for this position?

Candidates must be qualified lawyers with 5+ PQE experience, including recent experience in leveraged loans, and familiarity with credit documentation, distressed credits, and regulatory considerations in Europe.

What skills are essential for a candidate applying for this job?

Essential skills include strong written and oral communication abilities, excellent organizational skills, and a flexible "can-do" mentality, along with the ability to manage competing workloads.

Are there any preferred experiences mentioned in the job description?

Yes, familiarity with Loan Market Association standard documents and experience with workouts and restructurings are preferred.

How important is teamwork in this role?

Teamwork is very important; the candidate is expected to be a team player and collaborate with business teams and other members of the Legal Team.

What is Barings' position on equal employment opportunities?

Barings is an Equal Employment Opportunity employer and welcomes applications from all individuals, regardless of minority status, gender identity, age, sexual orientation, disability, or protected veteran status.

Investing Together

Finance
Industry
1001-5000
Employees
2016
Founded Year

Mission & Purpose

Barings is a global investment management firm that provides a wide range of financial services, including asset management, private equity, real estate investment, and structured products. They offer investment solutions to a diverse client base, including institutional investors, corporations, and high-net-worth individuals. Barings' ultimate mission is to deliver superior investment performance and create long-term value for their clients by leveraging their deep expertise and global network. Their purpose lies in helping clients achieve their financial goals and navigate the complexities of the financial markets with confidence. As a responsible and trusted asset manager, Barings aims to provide innovative investment solutions and exceptional client service, contributing to the prosperity and financial security of their clients worldwide.