Forgotten Password

PwC.
We help our clients stay ahead of changes that impact their businesses, navigating complexity and risk. We deliver deep tax technical, people and legal expertise, while providing the critical context to make informed and compliant decisions. With clients ranging from multinational organisations and public sector bodies to entrepreneurs and family businesses, the work we do is diverse.

Job Description Summary

PwC's Legal Banking and Finance team has been working with domestic and international borrower and lender clients for nearly 20 years. Our transactional banking lawyers are client facing, whilst also advising on matters connected to PwC's own bank facilities

Our lawyers advise clients on a large variety of real estate and development
finance transactions as well as leveraged and acquisition finance deals and
general, corporate and receivables finance transactions. The strength of the
PwC brand as well as the size and scale of the PwC wider business means that there is a huge amount of variety in terms of the transactions our lawyers at all levels are involved in.

Being part of a multi-disciplinary practice means that there is scope for our
Banking lawyers to broaden their experience to also cover areas including
cash pooling and treasury management solutions, consumer credit advice,
NPL and other loan portfolio transactions, stressed and distressed
re-organisations as well as wider banking and finance advisory matters.

The team work with a number of longstanding annuity clients but also have
the benefit of being able to leverage the extensive client base of the wider
PwC Tax, Consulting and Deals practices to give them access to an enviable
number of other high profile clients.

In the last 12 months, the team advised on transactions with an aggregate
debt size of around £2bn, showing PwC Legal's strong technical expertise and high-value deal capability. Despite the team's relatively small size currently, they regularly act on high profile, award winning transactions including the development financing of the construction of the new landmark mixed commercial use Temple Mill in Leeds for Commercial Estates Group and for Lazari Investments on their £400,000,000 new investment facility with
Allianz Debt Fund SCSp SICAV-SIF secured against 5 prime freehold central
London offices, Allianz's largest single-loan debt transaction in Europe at
that time, and one of the largest bilateral private borrower deals in the UK
market in 2020. This deal won Real Estate Capital's award for the UK
Financing Deal of the Year 2020.

The team has a very strong borrower-focused practice and advises some of
the largest privately-owned businesses in the UK, a number of international
and domestic real estate funds, family offices, ultra-high net worth
individuals, international investors and large multinationals.

We are embedded into the wider Private Client and Private Business Tax team and, whilst this remains a core area of focus, the team's lender-focused
practice has grown year on year and they now act for a variety of credit funds
and other private/alternative lenders. We have strong links within the wider
FS Tax practice at PwC, this is an area of focus and development for the team.

The team works closely with PwC's M&A, Corporate Structuring, Funds and
FS Regulatory, Real Estate, Pensions and Employment teams across the
Legal network as well as with our numerous international offices on cross-
border transactions.

The team currently comprises 1 partner, 5 qualified lawyers, and 2 trainees
but has aspirations to grow substantially over the next 2-3 years to reflect
their growing annuity client base and presence in the market acting for
borrowers and, more recently, lenders. The team is currently all based in
London but is looking to expand its footprint both in London and the
Regions, with any new joiner to the team being able to join the practice in
London or in Birmingham or Manchester where PwC Legal has growing
Corporate M&A and restructuring teams with whom any new regional
banking hire would be embedded. PwC has aspirations to continue growing
its Legal offering and the growth of the Banking and Finance legal practice is
a significant part of those plans, being a growth priority within PwC's
tax/legal business.

We are looking for commercial and entrepreneurial lawyers with a strong
transactional banking background who are willing and able to turn their hand
to a variety of transactions and who have solid real estate finance experience.

Additional Job Description

The person in each of these roles will enjoy an interesting, diverse and
challenging workload. Many of our longstanding borrower and lender clients
focus on real estate so a substantial amount of our lawyers' work comprises
real estate finance transactions. However, with a growing focus on other
transactions, previous experience of leverage and/or general finance would
also be helpful as opportunities to work on those types of transactions also
arise. Technical training sessions are run weekly for junior members of the
team but a strong technical base level of knowledge will be important as
members of the team are given substantial responsibility early on in their
careers.

On a day to day basis, the successful candidate(s) will undertake the drafting
and/or negotiation of the principal finance documents -including the term
sheet, loan agreement, security agreements and intercreditor documentation.
Depending on their seniority, they will have responsibility for the oversight
of, or supporting on, transactions from term sheet phase to closing, working

alongside other members of the team and liaising with clients, counterparties
and other professional advisors. Typically the size of transactions the team
works on ranges from £30-£300m so documentation is heavily LMA based.
A large proportion of our work is carried out alongside non-lawyers in PwC
such as tax and deals advisers. Not only does this give us access to projects
that other law firms don't see, but it has helped our lawyers develop a deeper
understanding of business issues and the commercial context for our advice.
We believe that delivering projects as part of a multi-disciplinary PwC team
means our lawyers have a better understanding of the wider commercial
context of projects and that allows them to be general business advisors and
to deliver more value to our clients.

Being a small and busy team, there is a variety of work and there is the
opportunity to get involved in technically challenging projects for high profile
clients in a meaningful way. The successful candidate(s) will be energetic,
enthusiastic and keen to embrace the challenge of turning their hand to many
different types of banking transactions rather than doing similar deals time
and time again. An entrepreneurial spirit and agility is a must!

Each member of the team is encouraged to develop relationships with clients
and with the professionals in PwC with whom we work on a daily basis. Client
relationships are encouraged to be held and built at all levels so this helps
individuals build their business cases for progression within the firm.

What are the role requirements?

Essential skills & experience
  • Qualified solicitor in England & Wales or equivalent common law jurisdiction.
  • A general finance banking background (or willingness to get involved in a variety of general banking matters).
  • Strong borrower and lender side property finance experience, including development finance.
  • Strong technical knowledge and drafting skills are essential.
  • Familiarity with standard LMA loan documentation and principles.
  • Ability to think outside the box and to draft bespoke documentation.
  • Ideally the candidate will have gained experience in a city firm or large regional practice.
  • Strong client service skills and a commercial, business focused mind-set.
  • Commercially aware and enthusiastic about business development and driving their own career.
Not the role for you?
Did you know PwC offers flexible career arrangements and contract work? Learn more .

The skills we look for
The PwC Professional is our global framework for defining and encouraging leadership at all levels. Learn more .

The Deal
'The Deal', our firmwide Employee Value Proposition' empowers our people to be the best they can be. Learn more .

Our commitment to you
We're committed to building a culture that empowers all of our people to thrive and feel a sense of belonging at PwC. Learn more .

Application support
If you're a person with a disability, if you're neurodivergent, or if you have a condition that you believe may affect your performance during our selection process, we'll be happy to make reasonable adjustments to our processes for you. Learn more .

Parent and Partner sites: Search Jobs Near Me | Part Time Jobs Near Me | Construction Job Board | Jobsu.co.uk
© All Rights Reserved 2021 | Project Manager Jobs