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Job description

Functional Area:
UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AESA (UK Services Branch) & AIG UK Ltd

AIG is seeking a legal specialist to support its expanding Political Risk, Structured Credit and Structured Trade Finance businesses. With an increased focus on Structured Finance (both single situations and portfolio transactions), the position will support the underwriting of Sovereign, Corporate and project / asset finance businesses which sit within the Political Risk family of insurance products, together with complex Trade Finance products, including Supply Chain Finance, securitizations and asset-backed lending.

This is an exciting opportunity to be part of a growing franchise which is earmarked for growth within AIGs Credit Lines businesses. The position will be based in London, reporting to the Head of Political Risk, and sit within the wider global Political Risk Department.

The Role

Requires broad experience of financing structures and legal documentation, including funded loan documentation and insurance policy wordings, ranging from vanilla unsecured financings to more complex structured transactions including the use of collateral.

Primary Responsibilities:
  • Manage all legal aspects of new and existing transactions from origination to execution including, structural due diligence, review of finance, insurance and legal opinion documentat...

Before you apply, we encourage you to learn more about AIG

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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  • Manage all legal aspects of new and existing transactions from origination to execution including, structural due diligence, review of finance, insurance and legal opinion documentation, and insurance policy wording
  • Drive negotiation of transaction and policy documents with banks/lenders, corporates, brokers, business partners, and other interested parties. Role will focus on finance documentation and insurance policies, but other contracts can be relevant from time to time.
  • Manage legal aspects of new product and policy template generation including supporting new product development forum process with a goal of simplicity and meeting client needs (often bespoke client needs).
  • Manage and coordinate internal Legal and external counsel for transactions where required
  • Support the management in driving new business development with key specialist brokers and financial institutions as appropriate
  • Support the creation of organizational processes and pipeline business origination to enable the business to scale efficiently and prudently, including training and support initiatives to support the global teams
  • Manage external relationships and transaction flow/timelines

Candidate Profile
  • 7 yrs+ post qualified banking lawyer " English (or NY) law qualified ideally with banking private practice and/or in-house experience
  • Proven senior level experience in drafting, structuring and negotiating structured finance and loan documentation
  • Knowledge of Basel capital rules on capital efficient risk mitigants, Insurance Act and other insurance policy considerations a benefit

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission " creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Job Sector
Financial Services
Job Position
London, UK Show on map
Post date
Closing date

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