Legal Counsel, North America
$240k - $280kLloyds Banking Group
Legal Counsel, North America
New York, NY | Competitive Annual Salary ($240,000 - $280,000)
About the Role
The Legal Counsel will advise on corporate lending, capital markets, and a diverse array of other areas for the US commercial banking business of Lloyds Banking Group, working as part of a small, dynamic team, all reporting directly to the Chief Legal Officer, North America. The ideal candidate will be excited by the prospect of working in a relatively small office that is part of a large global institution, while partnering with talented bankers serving some of the world's largest and most respected companies.
What You'll Be Doing
The position would support the Group's activities in the United States, which are carried out by LBCM plc, which is licensed by the NY Department of Financial Services and by Lloyds Securities Inc., an SEC-registered broker-dealer, and requires expertise gained from premier experience at a major law firm and/or bank in these primary areas:
- Varied bank credit transactions, including drafting and negotiation of syndicated and bi-lateral facilities for corporate and institutional borrowers, including asset-backed fund finance facilities, term loans, revolving and standby letter of credit facilities, guarantees and other documentation relating to various bank lending transactions, with experience in fund finance, trade finance, letters of credit, working capital and supply chain financing very useful.
- Experience with fixed income capital markets, private placements as well as federal and state regulation pertinent to a New York State-licensed foreign bank, including Bank Holding Company Act requirements, BSA/AML and sanctions, regulatory reporting, and other areas of regulation applicable to bank affiliates and financial holding companies is a very strong plus.
The role offers varied opportunities for an attorney to enhance their specialist knowledge while building skills across a broad range of areas.
What You'll Bring
- Top academic credentials
- Excellent written and oral communication skills
- New York bar admission
- Strong analytical ability and attention to detail
- High integrity—always does the right thing and sets the right tone
- Highly motivated, energetic and enthusiastic
- Desire to work in a high-paced environment
- The ability to prioritize conflicting demands
- Cuts through complexity—flexible and innovative in delivering solutions to clients
- Able to build enduring and trusted relationships with internal and external clients, locally and in UK headquarters
- Reliable; takes ownership of work without the need for extensive supervision
- Validated interpersonal skills
- Thrives working in teams
- Strong advocacy skills
Why Lloyds
Lloyds North America forms an integral part of Lloyds Banking Group, a leading UK-based financial services group focused primarily on retail and commercial customer. We have operated in North America for over 100 years, delivering a client-focused approach to large Corporate and Institutional clients with strong links to the UK.
From our New York office, we provide a comprehensive range of core banking products, including lending, trade finance, and working capital solutions, alongside debt capital and financial markets services through our U.S. broker-dealer, Lloyds Securities Inc.
Our Commitment to Inclusion
At Lloyds, diversity and inclusion are core to who we are. We are committed to attracting, retaining, and developing the best talent and creating a culture where every colleague feels included, valued, and empowered to be their best.
Lloyds values diversity across all backgrounds and experiences and encourages our colleagues to bring their whole self to work. We provide equal employment opportunities to all applicants and employees in accordance with applicable law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Lloyds North America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, our scheduling team can assist if you are selected to interview.
Our Benefits
We also offer a wide-ranging benefits package, which includes:
- Comprehensive health coverage with multiple medical plan options, including an HSA-eligible plan with company contributions , plus dental, vision, and 24/7 virtual care
- Strong financial benefits including a 401(k) with company match and discretionary contribution , company-paid life insurance, and short- and long-term disability coverage
- Family and life support such as paid family leave, backup child and elder care, employee assistance programs, and identity theft protection
- Wellness and lifestyle benefits including fitness programs, gym reimbursement options, pet insurance, and group legal services
- Ongoing training, development, mentoring, and networking opportunities
- Opportunities to give back through volunteering and fundraising initiatives
This is a once in a career opportunity to help shape your future as well as ours. Join us and grow with purpose.
Annual Salary Range: $240,000 - $280,000
Professional Certifications / Licenses Required: J.D. and active New York Bar admission
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