Legal Counsel in City of London

Job description

The Company:

Market Financial Solutions (MFS) is a leading independent bridging finance provider based in the United Kingdom. With a strong presence in the market, we specialise in offering fast and flexible bridging loans and buy-to-let mortgages to our valued intermediaries and clients.

The Role:

The Legal Counsel – Recoveries will play a key role in providing legal support for the company’s recoveries and collections matters. You will work closely with the Recoveries & Collections team, other members of the Legal team and external counsel. In doing so, you will play a key part in protecting the company’s financial interests and ensuring efficient recoveries and effective resolution strategies for defaulted loans.

Key Responsibilities:

Take a lead role in enforcement in the event of borrower default, including:

• Drafting assignment documentation, demand letters, reservation of rights letters, amendment letters, consent letters and extension letters.
• Reviewing legal documentation associated with debt recovery including fixed charge receiverships, administrator appointments, bankruptcies, settlements and other property- related litigation.
• Advising on the options available to the business on borrower default and assist in the management of debt recovery, advising on enforcement.
• Managing and leading on enforcement action for the recovery of debts, including the appointment of fixed charge receivers and administrators.
• Appointing and working with external counsel in relation to enforcement action.
• Advise on and handle insolvency-related matters, including guarantee enforcement, bankruptcies and corporate insolvency.
• Liaising with external legal counsel, receivers, administrators, asset managers, and other stakeholders at all stages of both pre-enforcement and enforcement processes.

The role will also entail:

• Monitoring legal developments in insolvency and property law and advise the business accordingly.
• Supporting the wider legal and credit risk teams on ad hoc queries relating to insolvency matters and risks.
• Maintaining detailed records and reporting for ongoing recoveries cases and proactively follow up on matters.

Role Requirements:

• Qualified Solicitor in England & Wales, with experience in recoveries or property litigation
• (either in-house or in private practice).
• Demonstrable expertise (creditor side) in:

o Distressed finance transactions;

o Recoveries;

o Fixed charge receiverships; and

o Bankruptcy and related litigation.

• Experience advising lenders (regulated or unregulated) is highly advantageous.
• Strong commercial acumen and a pragmatic approach to legal problem-solving.
• Excellent review, written and verbal communication skills.
• Strong attention to detail and exceptional organisational skills.
• Comfortable managing a high caseload independently while contributing effectively and collaborating as part of a team.
• Resilient and capable of thriving in a fast-paced environment.
• This job would suit a talented and ambitious lawyer who is looking to move into a fast-moving and exciting environment, with the opportunity to advance their career.

Why Work for us?

• Be Part of a Dynamic and Growing Company
• Annual salary review & regular appraisals
• Bonuses and Incentives
• Enhanced Maternity and Paternity Leave Package
• Exclusive Employee Discounts at Leading Retailers (covering groceries, technology, and holidays)
• Ongoing Staff Training and Development Opportunities
• Private Medical Health Care with Vitality
• Life Insurance Coverage
• Additional Day Off to Celebrate Your Birthday
• Engaging Work Networking and Team Building Event

Next Steps:

Ready for an exciting career move? Hit ‘apply’ to express your interest, and if your CV aligns with our requirements, expect a call from one of our team soon to discuss this fantastic opportunity further.

Extra information

Status

Open

Education Level

Secondary School

Location

City of London

Type of Contract

Part-time jobs

Published at

01-08-2025

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English