Structured Credit Associate

Overview

An elite US law firm is seeking a Structured Credit Associate to join its London practice. The team advises major investment banks, asset managers and financial institutions on a broad range of structured finance, derivatives and securitisation transactions, working closely with its US derivatives and structured finance platform.

This opportunity is ideally suited to a 1–4 years’ PQE associate with genuine experience in structured finance or securitisation, ideally with exposure to CLOs or broader structured credit products. The role offers rare exposure across multiple structured finance asset classes within a highly regarded global platform.

What You’ll Do

• Advise investment banks, asset managers and financial institutions on structured credit transactions.
• Support the structuring and execution of derivatives, CLOs and asset-backed finance transactions.
• Draft and negotiate key transaction documentation across structured finance products.
• Work on cross-border structured finance and securitisation mandates alongside US teams.
• Assist on repackaging transactions, programme modifications and structured product issuance.
• Gain exposure across multiple structured credit workstreams rather than being siloed.

Key areas include:
• CLOs and collateralised structures
• Derivatives and structured products
• Asset-backed finance and securitisation
• Repackaging and programme structuring

About You

• 1–4 years’ PQE gained at a recognised international or leading City law firm.
• Strong experience in structured finance, securitisation or structured credit.
• Exposure to CLOs or asset-backed products is highly desirable.
• Strong drafting skills and ability to manage structured transactions.
• Ability to work across multiple product areas within structured credit.
• Strong technical ability and attention to detail.

Preferred experience:
• Experience at a Magic Circle, elite US or top-tier structured finance practice.
• Strong exposure to CLO transactions.
• Experience working on cross-border structured finance deals.
• Strong academic background.
• England & Wales qualification preferred.

Why Apply?

• Opportunity to join a leading global structured credit platform within an elite US firm.
• Broad exposure across CLOs, derivatives and asset-backed finance.
• Strong training and development alongside senior, market-leading partners.
• High-end cross-border work with a major US and international finance practice.
• Excellent platform for building deep structured finance expertise early in career.

Salary & Benefits

• Cravath scale compensation.
• Discretionary annual bonus linked to performance and hours target.
• Target of approximately 2,000 billable hours.
• Minimum three days in office (typically four).
• Strong global platform with significant cross-border exposure.

The Process

• Multi-stage interview process led by partners.
• Initial discussions with structured credit partners.
• Further technical interviews with senior team members.
• Final sign-off stage before offer.
• Process is active with candidates already in early stages.

Ready to take the next step?

If you are a Structured Credit Associate (1–4 years’ PQE) with strong structured finance experience, ideally including CLOs or securitisation, apply today.