Banking and Finance - Principal Associate
We are working on behalf of a leading UK law firm to recruit an experienced Transactional Finance Lawyer (8+ PQE) into a specialist guarantees and structured risk finance practice in London.
This is a rare opportunity to join a market-leading team operating at the intersection of banking, insurance, and structured credit, advising global clients on high-value, cross-border transactions.
The role
You will join a highly regarded team acting for global insurance clients on the structuring and execution of guarantee and on-demand bond facilities across domestic and international markets.
Key work includes:
- Facility agreements and related financing documentation
- Recourse and credit support arrangements
- Guarantee / on-demand bond drafting and structuring
- Security and intercreditor arrangements
- Risk participation and sharing structures
- LMA-style documentation
You will also gain exposure to credit distress, restructuring scenarios, and claims management, working alongside specialist colleagues across related practice areas.
Why this role?
This is a genuinely distinctive opportunity to step into a specialist, high-performing platform with strong client relationships and deep sector expertise in the guarantees and structured finance market.
You will be joining a team known for:
- Technical excellence and high-quality work
- Long-standing relationships with global insurance and financial institutions
- A collaborative, commercially focused culture
- Exposure to complex, international mandates
What’s in it for you
- Competitive salary and benefits package
- Sustainable billing expectations (c. 1,350 hours per annum)
- Genuine long-term progression potential, including clear partnership prospects
- Market-leading platform in the guarantees and structured finance space
- High-quality, complex international work with global clients
- Strong partner access, mentoring, and career development focus
What you will bring
We are seeking an 8+ PQE lawyer currently operating within a Magic Circle, Silver Circle, or top-tier US law firm, with experience in:
- Banking & finance
- Structured finance
- Project finance
- Or other complex transactional finance disciplines
Exposure to guarantees, bonding, or insurance-linked financing structures would be beneficial but is not essential, with full training provided.
You will be:
- Commercial and solutions-focused
- Strong in managing complex transactions
- Confident building client relationships
- A collaborative and dependable team player
- Able to perform well under pressure with high-quality output
Please apply if you would like to learn more about this opportunity.
