FAQs
What is the primary responsibility of the Legal Counsel at Waystone?
The primary responsibility of the Legal Counsel is to advise and support the Waystone business in the United Kingdom and Asia, specifically regarding the establishment, management, and administration of investment funds and ensuring compliance with relevant regulations.
What qualifications are required for the Legal Counsel position?
Candidates must be a qualified solicitor in England and Wales with a minimum of 2 years PQE, preferably with experience in UK funds law, including knowledge of UCITS, AIFMD, and other relevant regulations.
What skills are essential for this role?
Essential skills include strong drafting, negotiation, and analytical skills, excellent communication and interpersonal skills, attention to detail, and the ability to manage multiple tasks simultaneously.
Will the Legal Counsel need to liaise with external parties?
Yes, the Legal Counsel will liaise with external counsel on legal and regulatory matters and negotiate commercial contracts with third-party vendors on behalf of Waystone.
Is the Legal Counsel position part of a larger legal team?
Yes, the Legal Counsel will collaborate with the UK Head of Legal, the UK legal team, and cross-functional teams within the organization.
Does the Legal Counsel role involve training opportunities?
Yes, the Legal Counsel will provide training and support to other teams on legal and regulatory issues affecting the business.
What geographical areas does the Legal Counsel role cover?
The Legal Counsel will provide support primarily in the United Kingdom and Asia.
What type of investment structures will the Legal Counsel be working on?
The Legal Counsel will work on various investment structures, including UK UCITS, AIFs, and other collective investment schemes.
Are there opportunities for professional development in this role?
Yes, the role involves staying up-to-date with changes in relevant laws and regulations, which contributes to professional development, along with providing training and support to other teams.
How important is teamwork in the Legal Counsel position?
Teamwork is important as the Legal Counsel will work independently as well as collaboratively within a small team to solve problems effectively.