Lawyer Luxembourg

About this role

We are looking for a Luxembourg-based lawyer at Vice President level with at least five years of relevant experience. As a member of the Continental Europe Legal team, the successful candidate will provide comprehensive local legal coverage for BlackRock’s activities and legal entities in Luxembourg, remote legal coverage for Belgium and support on selected matters across Continental Europe.

The role encompasses the full range of local legal matters other than fund documentation. This includes legal support for BlackRock’s Luxembourg operations, the local management company and local entities; institutional client work including investment management and advisory agreements; distribution and partnership arrangements; and a broad variety of corporate, commercial, governance and regulatory matters. As the Luxembourg-based legal point of contact for these matters, the successful candidate will work in close collaboration with product lawyers based outside Luxembourg, who are responsible for the documentation of BlackRock's public and private Luxembourg-domiciled funds.

The candidate will manage and coordinate legal and regulatory matters across a wide range of business and operations teams, draft and negotiate legal documents in English and French and contribute to the monitoring and implementation of legal and regulatory change. The role is based in Luxembourg and reports to the Director in Frankfurt responsible for the Continental Europe Legal team.

Responsibilities:

• Provide proactive, practical and commercial legal advice in relation to BlackRock’s activities in Luxembourg and, on a remote coverage basis, Belgium; 
• Act as the principal local legal adviser for BlackRock’s Luxembourg platform on matters other than product documentation, working across business, operations and control functions; 
• Provide day-to-day legal support to BlackRock’s Luxembourg management company, which holds both UCITS and AIFM permissions, including in relation to: 
• contractual arrangements between the management company, funds and third-party service providers; 
• interactions with regulators, in particular the CSSF; and 
• collaboration with local Compliance and Financial Crime teams to support the management company in meeting its obligations; 
• Advise on corporate law, corporate governance, country management and other legal entity matters relating to BlackRock’s Luxembourg operations; 
• Support BlackRock’s institutional business in its local activities, including the drafting and negotiation of investment management agreements, advisory agreements and related institutional client documentation; 
• Draft and negotiate distribution, co-marketing and partnership agreements, as well as licensing, services, intra-group and non-disclosure agreements and other commercial arrangements; 
• Advise on legal and regulatory matters arising from BlackRock’s distribution activities and broader Luxembourg business operations; 
• Work in close collaboration with product lawyers based outside Luxembourg, who are responsible for the documentation of BlackRock’s public and private Luxembourg-domiciled funds, to ensure effective coordination across the Luxembourg platform; 
• Provide remote legal coverage for BlackRock’s activities in Belgium, working closely with local external counsel and relevant local colleagues; 
• Support monitoring and managing selected EU and local legal and regulatory change projects, in collaboration with relevant regional and global teams; 
• Commission external legal advice where appropriate, manage local counsel relationships and oversee related budget requirements; 
• Develop and actively manage strong relationships with internal clients and stakeholders; 
• Work closely with the local Compliance team and other members of BlackRock Legal & Compliance globally; 
• Provide internal training on legal and regulatory topics; and 
• Represent BlackRock Luxembourg Legal externally, including relevant industry bodies. 

Knowledge and experience:

• Strong experience in asset management, investment funds or financial services, gained in private practice or in-house; 
• Sound knowledge of the laws and regulations applicable to fund management and asset management activities in Luxembourg; 
• Experience advising management companies and regulated financial services entities on corporate, governance, contractual and regulatory matters; 
• Experience drafting and negotiating institutional client agreements, distribution and partnership arrangements and a broad range of commercial contracts; 
• A good understanding of public and private Luxembourg fund structures and of the respective responsibilities of local and product counsel; 
• Broad knowledge of UCITS, AIFMD, MiFID, SFDR and relevant Luxembourg regulatory developments; and 
• Desirable: familiarity with the Belgian legal and regulatory framework relevant to asset management activities. 

Qualifications and skills:

• Luxembourg law degree and preferably admission to the Luxembourg Bar, with at least five years of relevant experience, ideally at a leading law firm, in-house within a large financial services company or asset manager, or through a combination of both; client secondment experience would be an advantage; 
• Excellent written and spoken French and English; 
• Strong drafting, negotiation and presentation skills; and 
• Ability to communicate complex legal and regulatory concepts clearly and effectively at all levels of the firm. 

Competencies:

• Manages multiple time sensitive matters in a demanding, fast-paced and dynamic environment;
• Strong negotiation and presentation techniques;
• Takes ownership of legal matters, checking where appropriate with colleagues;
• Seeks to understand the businesses, products and processes which are supported;
• Communicates complex concepts in an understandable way at all levels of the firm in verbal and written form;
• Coordinates complex projects involving different business groups;
• Business and solution-oriented approach to interacting and working with clients;
• Rejects shortcuts that could compromise quality of service and follows internal policies and procedures;
• Dynamic and positive personality with networking ability and strong team work skills;
• Demonstrates strong judgment and skills in time management and prioritisation;

Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.