Senior Counsel

Recruiter
Ruffer LLP
Location
London, United Kingdom
Salary
Competitive
Posted
15 Nov 2022
Closes
15 Dec 2022
Ref
17534413
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Are you a Lawyer with a minimum of 5 years + PQE?

Do you have solid experience working within Asset Management/ Investment Management?

We are currently recruiting a Senior Counsel to join the Legal Team in our London office. The role will join the existing team of three lawyers, advising Ruffer group entities based in London, France, Guernsey and the United States.

This is a broad role and will suit someone who relishes the opportunity to get involved in a wide variety of practice areas, with a strong commercial focus.

The core practice areas of the team are: funds, managed accounts (retail and institutional), regulatory, derivatives, IT, data protection and corporate / commercial.

Key tasks include:

Negotiating and drafting documentation with:
  • Clients and funds eg investment management, administration and custody agreements;
  • Investment counterparties eg ISDAs and collateral documentation;
  • Marketing and distribution partners;
  • Service providers, including those with a technology, data protection and regulatory outsourcing angle.

Advising on the setting up, maintenance and closure of Ruffer's fund suite, which currently includes regulated (UCITS and NURS), unregulated (AIFs), open-ended, closed-ended and fund of fund structures in the UK, Guernsey, Luxembourg, the Cayman Islands, the US and Australia.

Advising the business on applicable regulatory requirements and changes, principally in the UK (eg FCA Rules), Europe (eg EMIR, AIFMD, UCITS, MiFID II, SFDR, GDPR) and the US (eg SEC, CFTC and FINRA rules), as well as other overseas regulation as needed, with support of external counsel.

Working on corporate and strategic projects, including any involving the establishment, maintenance or closure of Ruffer group entities, the establishment of new offices or obtaining and maintaining overseas registrations.

Skills, knowledge, experience and qualifications

The individual is expected to demonstrate the following, working with our clients and colleagues:
  • 5 years + post qualification experience obtained at a comparable investment management firm or major law firm
  • Financial services background
  • Qualification as a solicitor or barrister in the UK
  • Humility and enthusiasm
  • Strong inter-personal communication skills
  • Commercial acumen and interest

About Us

Ruffer has been providing investment management services for institutions, pension funds, charities, financial planners, and private clients, in the UK and internationally since 1994. Our preoccupation is with not losing money, rather than charging headlong for growth. It's by putting safety first that we have made good money for our clients. Through boom and bust. Successfully navigating three major market corrections - the dot.com bust, global financial crisis and covid-19. In all we do, we seek to be responsible investors, integrating environmental, social and corporate governance (ESG) issues into our investment process. The Ruffer approach is unchanged from when the firm started in 1994. Our investment process is different to most. It is designed to protect and grow the value of our clients' portfolios - avoiding large losses and harnessing the power of compounding over time. Put simply, we take on the responsibility for managing risk on behalf of our clients.

Ruffer's single investment strategy is defined by two simple investment objectives:
  • Not to lose money in any 12-month period
  • Generate returns meaningfully ahead of the return on cash

ALL-WEATHER INVESTING

We aim to deliver positive returns come rain or shine. If we are to be good all-weather investors, we cannot be dependent on the direction of markets. To avoid that dependency, we always hold investments in what we call growth and protection. We hold these alongside each other, changing the allocation to each over time. When the market sun shines, we expect our growth assets to prosper. When a market storm hits, our protective assets should provide shelter, defending the portfolio from a downturn. At Ruffer, we are committed to being good stewards of our clients' assets. To that end, environmental, social and governance (ESG) considerations are integrated into our investment process. Whether it's climate change or indigenous rights, executive pay or workforce safety, we believe our considered approach helps us make better decisions. To the advantage of our clients' portfolios. To the benefit of the companies, we invest in. And for the good of the environment and society.

DIVERSITY & INCLUSION

Ruffer strives for a diverse and inclusive workplace where our staff respect and understand individual differences. To create a truly inclusive culture, we aim to recruit, develop, and retain diverse talent and we positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race or ethnicity, religion or belief, sex, or sexual orientation.