Position Overview & Specifications
Duties and responsibilities will include but not be limited to:
- Support brokers in the drafting of bespoke policy wordings for new and existing FI, PRI and TCI clients ensuring that these represent market best practice
- Assist claims team with any legaltechnical issues arising from complex losses across the full spectrum of FS products including legacy crisis management Undertake policy wording / contract reviews as required by existing Financial Solutions clients or to support new business activity with prospects
- Provide the teams across Financial Solutions with general legal, regulatory and technical advice including advice on transaction documentation / loan documentation
- Provide advice to brokers / clients on regulatory matters such as Basel IV / CRR, Reg Q, NY Insurance Law s applicable
- Active participation with industry bodies such as ITFA, IACPM and LMA
- Assist with the legal and documentary requirements of structured credit products, including Loan Repacks, SRT and Securities Lending
- Provide regular training and updates to brokers and clients, for example on policy wordings, IA 2015
- Participate in new product initiatives and innovation
Qualifications:
The ideal candidate will have the following skill sets & attributes:
- Educated to degree level.
- A lawyer with at least 5yrs PQE
- Detailed knowledge of Trade Credit Insurance, Non-Payment Insurance and bank loan facilities.
- Detailed knowledge of Market Reform Contracts / policy wordings
- Ability to work under pressure to tight deadlines
- Excellent communication (written, verbal, oral & presentation) skills and interpersonal skills essential
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity