Legal Counsel, North America

Lloyds Banking Group • New York, NY

5d • Onsite

About The Position

The Legal Counsel will advise on corporate lending, capital markets and a diverse array of other areas for the US commercial banking business of Lloyds Banking Group, working as part of a small, dynamic team, all reporting directly to the Chief Legal Officer, North America. The ideal candidate will be excited by the prospect of working in a relatively small office that is part of a large global institution, while partnering with talented bankers serving some of the world’s largest and most respected companies.

Requirements

• Top academic credentials
• Excellent written and oral communication skills
• New York bar admission
• Strong analytical ability and attention to detail
• High integrity—always does the right thing and sets the right tone
• Highly motivated, energetic and enthusiastic
• Desire to work in a high-paced environment
• The ability to prioritize conflicting demands
• Cuts through complexity—flexible and innovative in delivering solutions to clients
• Able to build enduring and trusted relationships with internal and external clients, locally and in UK headquarters
• Reliable; takes ownership of work without the need for extensive supervision
• Validated interpersonal skills
• Thrives working in teams
• Strong advocacy skills
• J.D. and active New York Bar admission

Nice To Haves

• Experience in fund finance, trade finance, letters of credit, working capital and supply chain financing is very useful.
• Experience with fixed income capital markets, private placements as well as federal and state regulation pertinent to a New York State-licensed foreign bank, including Bank Holding Company Act requirements, BSA/AML and sanctions, regulatory reporting, and other areas of regulation applicable to bank affiliates and financial holding companies is a very strong plus.

Responsibilities

• Support the Group’s activities in the United States, which are carried out by LBCM plc, which is licensed by the NY Department of Financial Services and by Lloyds Securities Inc., an SEC-registered broker-dealer.
• Advise on varied bank credit transactions, including drafting and negotiation of syndicated and bi-lateral facilities for corporate and institutional borrowers, including asset-backed fund finance facilities, term loans, revolving and standby letter of credit facilities, guarantees and other documentation relating to various bank lending transactions.
• Provide expertise in fund finance, trade finance, letters of credit, working capital and supply chain financing.
• Provide expertise with fixed income capital markets, private placements as well as federal and state regulation pertinent to a New York State-licensed foreign bank, including Bank Holding Company Act requirements, BSA/AML and sanctions, regulatory reporting, and other areas of regulation applicable to bank affiliates and financial holding companies.

Benefits

• Comprehensive health coverage with multiple medical plan options, including an HSA-eligible plan with company contributions, plus dental, vision, and 24/7 virtual care
• Strong financial benefits including a 401(k) with company match and discretionary contribution, company-paid life insurance, and short- and long-term disability coverage
• Family and life support such as paid family leave, backup child and elder care, employee assistance programs, and identity theft protection
• Wellness and lifestyle benefits including fitness programs, gym reimbursement options, pet insurance, and group legal services
• Ongoing training, development, mentoring, and networking opportunities
• Opportunities to give back through volunteering and fundraising initiatives

What This Job Offers

• Job Type: Full-time
• Career Level: Senior