Asset Finance Associates

Reed Smith
30 Nov 2018
28 Dec 2018
Contract Type
Full Time
UK Job Description

Salary - GBP75,000 - GBP120,000 depending on experience
Closing Date - 16 November 2018
We are seeking asset finance associates to join our very highly regarded team. The asset finance team principally focuses on ship finance and aviation finance and is part of the market-leading Shipping Group, which sits across offices in London, Hong Kong, Singapore, Houston, New York, Washington DC, Paris and Piraeus and presently has over 100 dedicated lawyers.
The role will entail:
• drafting, reviewing and amending documentation
• strategically advising clients in meetings, on the phone and in writing
• managing client expectations and project delivery appropriately
• business development - development of personal plan, assistance with and implementation of business development campaign
• legal research
The Asset Finance team has extensive experience advising on transactions in all sectors of the asset finance industry.
Our client base includes major international lenders and owners/operators in relation to a broad range of aviation and shipping (including offshore, oil and gas) work. We regularly act for major international banks, export credit agencies, funds, lessors, ship owners, airlines, equity providers, private individuals and builders and manufacturers across a whole spectrum of shipping and aviation deals.
We are the market-leading firm for fund-based ship finance, are very active in the loan portfolio sale, and purchase market for debt secured against ships and aircraft. The directories also give plaudits to our work with alternative credit providers.
We also advise on all types of debt, lease (both tax and non-tax-based) and capital markets driven products, as well as on the sale and purchase of ships and aircraft (and associated ship and aircraft infrastructure products). The team also advises on aircraft repossessions, ship arrests and airline and ship restructurings and insolvencies.

The Firm
Are you ready to work at a global law firm with more than 2,000 lawyers in 27 offices throughout Europe, the Middle East, Asia and the United States?
Operating as one global partnership, we represent leading international businesses, from FTSE 100 corporations to mid-market and emerging enterprises; advising clients on cross border transactions, international commercial disputes and regulation. We specialise in industries including financial services, life sciences, health care, energy and natural resources, entertainment and media, shipping and real estate.

A qualified lawyer with Previous experience of asset finance from a well-regarded firm.
Strong technical knowledge of the legal framework surrounding asset finance particularly in the fields of shipping and/or aviation, but with a willingness to work in both sectors (even where skills in one or the other may currently be more developed).
Outstanding academic credentials.
Intellectual curiosity and versatility.
Self-starter with the desire and ability to continuously acquire, build upon and share knowledge.
Detail-focused and self-motivated approach.
Strong organizational skills, with the ability to manage multiple deadlines.
Excellent client relationship skills.
Sound experience of operating at associate level within a complex international organisation.
Strong commercial/business acumen with the ability to deliver creative and pragmatic solutions and advice.
Excellent communication and interpersonal skills, with the ability to interface at all levels and particularly to win the respect of the partner and fee-earner community, building strong relationships with both internal and external stakeholders.
Collaborative team player with the ability to develop and work in a fast paced, intellectually rigorous environment.

Regularly demonstrates solid and deepening legal/practice knowledge
Creates understanding and clarity of legal issues through effective questioning of client/senior internal team
Comfortable with ambiguity, creating structure where there is no direct precedent
Able to simplify complex legal issues for client/team stakeholders
Understands the commercial drivers of the business of clients within the shipping industry
Identifies commercial opportunities for business development and cross-selling that arise from own work with the client and refers these as appropriate
Demonstrates a clear understanding of the law firm as a business and the levers of profitability
Contributes own views and ideas and is receptive to those of others

At Reed Smith, we welcome direct applications either in response to one of our advertised vacancies or on a speculative basis. Please click on the "Apply Now" button to submit your details and we will be in touch.
No search firms/agencies please.
Reed Smith's success depends heavily on the effective utilization of qualified people, regardless of their race, ancestry, religion, colour, sex, age, national origin, sexual orientation, gender identity and/or expression, disability, veteran's status, or any characteristic protected by law. As a firm, we adhere to and promote equal employment opportunity for all.
We are committed to making all stages of our recruitment process accessible to candidates with disabilities or long-term health conditions. If you have a disability or a long-term health condition and require adjustments to be made for you within the recruitment process, please contact a member of the Recruitment team. For more information on our approach to diversity and inclusion please visit our website .