Counsel - ICM - Securitisation
What do you wish you had known about Allen & Overy before you joined?
That questions are generally welcomed rather than something to be avoided.
What is the most exciting deal/case you have worked on and why?
In 2014 we worked on a transaction which saw the government auction off part of the mortgage loan book that it had on its balance sheet after rescuing Northern Rock and Bradford & Bingley during the financial crisis. We were involved during the initial bid stage and then when our client’s bid was successful we had three weeks to put together two securitisations in order for the purchase of the assets to be funded by the deadline set by the government. The timing was incredibly tight but we managed to close on time and the sale went through as planned. At the time it was the biggest asset disposal the UK government had made and it formed a key part of their drive to reduce the amount of these assets that were on the government’s balance sheet following the financial crisis. Our team has since worked on the follow up to that transaction which marked an even bigger sale of mortgage loans by the government.
What is the best thing about the team you work in?
We balance working on market leading transactions with being down to earth, approachable and friendly.
What is the toughest aspect of your job?
Balancing the hours that we sometimes need to spend in the office with family time can be a challenge.
What was your first ever job?
I had a Saturday job in a newsagent.
What is your favourite thing about One Bishops Square?
The view over the City from the roof terrace as the light fades in the evening.
What is the one thing you would change about Allen & Overy?
A roof terrace on every floor of Bishop’s Square would be good.
If you could spend some time in any of Allen & Overy’s international offices, where would you most like to go and why?
Hong Kong – I think it is a fascinating city.
What has been your proudest professional moment?
Completing the transaction mentioned above.
What is your favourite takeaway?
I have very few takeaways, but I would always make an exception for our local Indian restaurant – so that wins by a very long stretch.