13 Oct
Insight Investment
London
Job description
Division Description :
The Legal Team is split between our London and New York offices and is responsible for managing legal risk across the Insight enterprise.
Depending on the jurisdiction, specific responsibilities of the Legal Team include negotiating bespoke investment management agreements with our global client base, negotiating trading documentation with market counterparties, including International Swap and Derivative Association agreements, Global Master Repurchase Agreements and clearing agreements.
The team is also responsible for the formation and management of collective investment schemes including UCITs, AIFs, and US registered and private funds.
The team advises on private illiquid and esoteric structured credit transactions and transactions involving asset backed structures, mortgaged back securities, and collateralised loan obligations.
In addition, the Legal Team advises on a wide range of general commercial legal issues and regulations including derivatives trading regulation, UK and EU securitisation regulation, UK company law, US Investment Advisers Act and ERISA and transaction specific considerations raised by public, and private or illiquid secured credit investments.
It is also actively involved in the implementation of Insight’s strategic initiatives.
Where appropriate, Insight also uses external legal counsel to advise on specific matters.
Position Description :
Reporting to the Managing Lawyer of the Funds Legal team,the Funds Lawyer will be work alongside product development, client service, distribution, operational and compliance teams to support the launch and ongoing lifecycle of Insight funds.
There are separate teams within the wider Legal Team who deal with ISDA / derivatives, clearing and investment management / segregated mandate arrangements.
You will also be instructing and working with external lawyers / advisers when required.
Role Responsibilities
Advising primarily in relation to Irish QIAIFs (including L-QIAIFs) and UCITS, with work also being undertaken on Insight’s other fund ranges in Guernsey, Luxembourg, the UK and to a lesser extent, the US and Australia.
The fund range includes, amongst others, UCITS, QIAIFs, L-QIAIFs, ICVCs, closed-ended partnerships, securitisation vehicles, and open-ended private funds.
- Fund structuring and the implementation of legal and tax structuring advice whilst working alongside the product development team.
- Working on fund mergers,
corporate actions and closures, including advising on regulatory requirements and drafting shareholder memoranda.
- Drafting and reviewing fund and supporting documentation, including, amongst others, constitutional documents, offering documents, investment management agreements, administration and depositary agreements, distribution agreements and NDAs.
- Liaising with fund and management company boards as required.
- Advising on marketing and distribution queries and prospective investor queries in relation to Insight’s fund ranges.
- Advising on fund-related regulatory matters, such as SFDR, Volcker, BHCA and MiFID II (working with compliance and US legal).
- Working on ad hoc projects (EMEA or firm-wide).
- Managing and documenting internal know-how.
Experience required
- Solicitor / lawyer qualified in England and Wales or an equivalent jurisdiction.
- Relevant post qualification experience gained either in-house or in private practice.
- 4 + years’ relevant post qualification experience.
- Technical expertise and experience in AIFMD, UCITS, SFDR, MiFID and other applicable regulations.
- Experience in segregated mandates and IMA negotiation would be beneficial.
Insight Investment is an equal opportunity employer, and we welcome applications from all qualified candidates irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.
▶️ Funds Lawyer - 12 Month FTC
🖊️ Insight Investment
📍 London