Legal Counsel - Finance

Hours: 36

Salary: Competitive

Location: Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

United Kingdom

Apply by: 10/05/2020


Legal Counsel - Finance

Shire Park, Kestral Way, Welwyn Garden City AL7 1GA

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About the role

This is an excellent opportunity for a finance lawyer to join our team working on a wide range of capital markets, banking and structured finance projects across the Group.  This role offers a unique opportunity to join a highly regarded legal team that is central to both a dynamic, fast moving retail business and a challenger retail bank (Tesco Bank).  
 
The finance legal team supports on funding issues across the Group, so the successful candidate will get exposure to a huge variety of key business areas, such as Treasury, Tax, IR and Audit as well as supporting our international teams. The team also supports Tesco Bank Treasury, offering a unique opportunity to advise both a corporate and a bank.
 
You will be expected to influence stakeholders and provide commercial and legally robust solutions. The role has high visibility internally, with our panel of external relationship banks and law firms. Excellent commercial judgement is required.

You will be responsible for

  • Execution and delivery of all funding matters, including capital markets issuances, committed and uncommitted bank lending, derivatives, repos, secured lending and securitisations. 
  • Regulatory advice on capital management for Tesco Bank, including subordinated debt and MREL. 
  • Opportunity to work on broader projects such as renewable energy PPAs, general commercial contracts and corporate work.
  • Contributing to the Finance legal team and drive its strategy and goals.
  • Managing finance legal compliance (reporting and certification).
  • Collaborating with colleagues in Group Legal.

You will need

  • A qualified and experienced lawyer with specific finance legal experience.
  • Technical expertise in one or more of the below:
    • Debt Capital Markets
    • Securitisation
    • ISDA
    • GMRA 
    • Loans 
  • A pro-active self-starter who is willing to learn and able to work autonomously but also manage a small team.
  • Able to be efficient under pressure and work in a collaborative environment of constructive challenge and open debate, so your style should be robust and effective.
  • An excellent academic background and relevant experience gained at a top tier firm.
  • In-house experience (which may have been gained on secondment) preferred but not essential.

What’s in it for you

We offer excellent benefits that help make Tesco a great place to work.  These include but aren’t limited to:

  • Annual bonus scheme where you can earn up to 3.5% of base salary
  • Holiday starting at 25 days plus a personal day (plus 8 Bank holidays)
  • On-site state of the art gym at our Welwyn Campus with discounted “Gympass” membership & free health checks via Nuffield Health
  • Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
  • Life Assurance - 5 x contractual pay
  • Share Schemes – Join our ‘Buy As You Earn’ & ‘Save As You Earn’ share schemes after 3 months service
  • Colleague Clubcard (including a 2nd card for a family member) after 3 months service
  • Colleague Discounts:
    • 10% increasing to 15% after every pay day for a four day period, off most purchases at Tesco 
    • 10% off One Stop
    • 10% off pay monthly & SIM only deals with Tesco Mobile
    • 20% off all F&F purchases
    • 20% off car, pet and home insurance at Tesco bank. T&C’s apply
    • 25% off Tesco Café
    • 50% off complete glasses purchases & free eye tests (other offers available) at Vision Express
    • 50% off health checks at Tesco Pharmacy
  • An exclusive deals and discounts website saving you money on everyday purchases, treats for the family, eating out and utility bills for the home
  • Cycle to work scheme
  • Shuttle Bus Service to/from Hatfield & Welwyn Garden City Station to Welwyn Campus & Hatfield Offices
  • Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want
  • Our Employee Assistance Programme helps you deal with life’s challenges
  • Financial wellness - Tesco has partnered with experts to help you make the most of your money
  • Get involved in a range of fundraising activities with our long-term charity partners

About us

Our vision here at Tesco is to become every customer's favourite way to shop, whether they are at home, out shopping, on the move, anywhere in the world.
 
Our core purpose is ‘Serving Britain's shoppers a little better every day’.
 
Our business was built with a simple mission – to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living. This hasn't changed. Customers want great products at great value which they can buy easily and it's our job to deliver this in the right way for them.
 
In the UK, we serve some 66 shoppers every second, so it's our goal to ensure every one of those customers experiences just a little better service on each visit.
 
We want our customers to be inspired and whatever they are looking for, we’re finding bigger and better ways to provide it.
 
We need people who share our ambition to deliver for our customers; passionate and confident people willing to take the initiative and drive us forwards. In return we offer excitement, a great team, an excellent benefit package and significant career development opportunities.
 
We are proud to have an inclusive culture at Tesco where everyone is welcome and truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings to enable us to serve our shoppers a little better every day. We strive to create a workforce that reflects our customers not only here in the UK, but worldwide. Our aim is to attract and welcome a diverse range applicants from all walks of life, offering many varying working patterns across our business, and we would love to hear from you!

NOTE: Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details on your agreed start date.

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