Transactions Legal Team Assistant

Overview

About Ultimate Finance

At Ultimate Finance, we back ambition – properly. We’re a specialist lender built for pace, flexibility and real-world problem solving, helping businesses access funding that fits how they work. You’ll join a team of approachable experts who move quickly, speak clearly and take pride in doing the right thing for customers and partners. We trust people to take ownership, with supportive leaders and experienced teammates on hand. With 20+ years’ experience and over £17bn funded, we’re growing – and we’re looking for people who want to do work that matters.

About the team

Our Bridging Transaction Legal Team (BTLT) plays a key role in delivering our strategic vision for Bridging Finance. It’s a highly visible, deal-focused, in-house function that works closely with colleagues across the business to help move facilities from offer through to completion – so our clients get the funding they need, when they need it.

As part of the wider Legal & Compliance team, you’ll gain exposure to every stage of our bridging product. No two facilities are ever the same, so it’s a great environment for learning, developing a broad skillset, and sharing responsibility for making our team and the business a great success.

We’re also big on supporting each other beyond the day-to-day, with opportunities to get involved in wider initiatives like CSR “Give a Day” and our Mental Health & Wellbeing activities.

About the role

We are looking for someone to join our Bridging Transactions Legal Team (BTLT) to provide advice and support on our Bridging Finance product. A big part of the BTLT’s role is to assist with ensuring that we deliver on our strategic objectives by delivering a robust operating model and enabling a highly competitive product.

This is a fast-paced team and requires someone who is comfortable being proactive and working to tight deadlines whilst ensuring that legal risk is managed properly across the business and the transactions we enter.

Key responsibilities

• Assist with the co-ordination and management of the due diligence process on all Bridging Finance deals underwritten by Ultimate Finance.
• Assist with the approval and, if required, the preparation of documents relating to bridging loan facilities including facility and security documents.
• Prepare documents including conveyance instructions, tranche letters and correspondence letters enclosing various documentation.
• Liaise with Underwriting to satisfy pre-conditions as part of bridging transactions.
• Liaise with various teams across the business, including the relevant Regional Director, Underwriting and Operations, and escalate any legal issues arising out of a transaction to the Transactions Legal Team Manager.

Characteristics & Behaviours

You will have previously worked in an office environment and are maybe working in a similar role at another lender or financial services business. Either way, whilst experience of Bridging Finance would be helpful, the most important thing is a willingness to learn and get involved with everything that goes on.

Curiosity about what we do and how we do it is vital, and a key part of our learning process. Whilst we have processes in place to help you, you will be comfortable with being proactive and using your initiative to solve issues and challenges as and when they arise.

Key skills and knowledge

Attention to detail – this is a role that focuses on documents and processes to ensure that legal risk is managed properly across the business and the transactions we enter.  A keen eye for detail is essential, and you will enjoy being immersed in preparing documents and preparing them to a high level of accuracy as well as checking that our processes are followed properly.

Ownership – As you get to know our business, you will appreciate that we all look out for each other and therefore if something doesn’t look right or, if you think something has been missed, it is important that you are happy to speak up and help work with others to solve the problem.

Resilience is vital, as is the ability to stay calm under pressure whilst maintaining focus and prioritising work requests. As this role is key to ensuring transactions are paid out to customers, you will need to be comfortable being reactive to others needs as well as proactive in anticipating them, so we deliver an efficient process from start to finish.

Communication plays a key part in achieving good outcomes for our business and the customer, so you will need to be an excellent communicator and be able to present information clearly and concisely.

Ideally you would be based in Bristol, or able to get to our Bristol office twice a week.