Business Area: Legal
Location: London
Reporting to: Lead Counsel, EMEA Client Agreements
Job title: Legal Counsel - Solutions / Client Group

Who we're looking for
In-house lawyer for our Client Group Team within Legal which focuses on the firm's EMEA-serviced bespoke mandates and solutions structures including OCIO, LDI for institutional clients (sovereigns, pensions funds, corporates etc.) across core, alternative and private asset classes. As a lawyer in the team you will be client-facing and actively advise and service the Solutions and Client Group teams in UK, Europe and contribute to the teams in the Americas and APAC. Experience of authorised funds, private assets vehicles, corporate / outsourcing transactions, OTC and exchange-traded derivatives will be useful but not essential.

About Schroders
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we've been around for over 200 years but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.

The base
We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre. And we have everything we need to work flexibly.

The team
The Schroders Legal Team in London constitutes the majority of the global Group Legal team which totals 75 lawyers. It services the Group's range of asset and wealth management businesses in EMEA and globally across each of the Divisions of the firm: Investment, Product, Client Group, Private Assets, Wealth Management and Infrastructure.

What you'll do
• Advising the Solutions business on fiduciary and advisory services provided (and legal terms/templates required), plus bespoke structures designed with or for clients including those involving fund vehicles, liability-driven insurance (LDI), UK insurance wrappers, funds of one, public/private mixed allocations, private assets access and structures where Group entities are performing more than one role and any legal documentation associated with Schroders life policies (pensions management business). In this area, the core client focus will be on UK pension funds and insurance companies as well as other client types.
• Advising the Client business on investment management and advisory mandates including drafting all legal documentation associated with and ancillary to such agreements (IMA/IAA) for public or private assets classes across the international institutional client base (comprising sovereign wealth funds, third party management companies and other client types) ; including (but not limited to) side letters/amendments and other general commercial agreements such as delegation agreements, indemnities, subscription agreements, NDAs, letters of intent
• Advising the OCIO desk on their consultancy services to their clients across all asset classes, and generally.
• Advice on distribution legal/compliance issues including cross-border marketing and the adoption of appropriate intra-business processes to ensure compliance with local regulations and/or obligations to clients, and to offer solutions and mitigants depending on the distribution plan.
• Advising on day to day legal and regulatory client documentation needs of Institutional client services generally.
• Advising on outsourcings taken on by Schroders for strategic clients and partnerships.
• Advising on the application of Legal and Schroders Group policies and standards
• Advising on (i) regulatory matters relating to Solutions structures or bespoke mandates and (ii) regulatory projects, interpretation and implementation of new regulations and directives across the relevant areas of the firm. Recent and current examples include SDR, SFDR, PRIIPs, MiFID II, AIFMD, UCITS, Solvency II, FATCA, CRS, EMIR and GDPR.
• Potential for advice on correspondence with regulators on issues arising from the management, administration and distribution globally (in the UK, Luxembourg and Asia).

The knowledge, experience and qualifications you need
• Demonstrable post-qualification experience – 3-5 years PQE
• Excellent contract law knowledge, drafting skills and experience in client / service provider contract negotiation.
• Excellent written and verbal communication.
• Excellent attention to detail and procedure.
• In-depth knowledge/experience of the investment management industry.
• Good understanding of the legal and regulatory risks and Compliance processes associated with the financial services industry and FCA regulation.

The knowledge, experience and qualifications that will help
• Strong private practice experience
• Fluency in additional languages

What you'll be like
• Must be a good team player and a driven self-starter, as well as having very high-quality legal skills and an ability to deal confidently with internal and external clients.
• Strong interpersonal skills including the ability to liaise with staff at all levels including senior management and board level.
• Genuinely pro-active and keen to take responsibility and learn more about the business.
• Strong organisational/prioritisation skills

We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

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For applicants applying for positions with Schroder Investment Management North America Inc. (SIMNA):
SIMNA endeavors to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the SIMNA HR Team at SchrodersUSRecruitment@Schroders.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
SIMNA is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Please view SIMNA’s EEO POLICY STATEMENT . If you’d like more information on your EEO rights under US law, please view EEO IS THE LAW POSTER , EEO IS THE LAW POSTER SUPPLEMENT and PAY TRANSPARENCY POSTING .

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