Associate Director - Investment Legal (Debt or Equity Focus)

12-month Fixed Term Contract (Maternity Cover)

Based: Glasgow or Edinburgh

Help shape Scotland's future through purpose-driven investment

At the Scottish National Investment Bank, we invest in businesses, projects and communities that support Scotland's transition to a fairer, more sustainable economy. Our investments are guided by our missions to deliver impact in net zero, place and innovation.

We are seeking an experienced Associate Director - Investment Legal (Debt or Equity Focus) to join our high-performing legal team and play a critical role in supporting the Bank's investment activity across debt and equity transactions.

This is a unique opportunity for a commercially minded legal professional to work at the heart of a mission-led institution, advising on complex and high-profile investments that deliver long-term economic and social value across Scotland.

The Role

Reporting to the Executive Director, Head of Investment Legal, you will work closely with colleagues across investment origination and portfolio management, providing pragmatic legal support throughout the full investment lifecycle - from early-stage structuring and due diligence through to execution, portfolio management and exit.

You will act as a trusted adviser to senior internal stakeholders, helping to structure and negotiate transactions while balancing legal robustness, commercial judgement and the Bank's mission requirements.

This role will primarily focus on debt or equity investments, while also supporting fund investments where required.

Key Responsibilities

• Lead and support legal input across complex debt and/or equity transactions
• Advise on transaction structuring, negotiation and documentation
• Identify legal and commercial risks and support effective mitigation
• Manage external legal counsel to ensure quality, consistency and value for money
• Support investment governance, committee papers and reporting requirements
• Contribute to legal templates, internal processes and continuous improvement
• Deliver training and knowledge sharing across investment teams
• Ensure investments align with the Bank's ethical standards, missions and governance framework

About You

You will be a qualified lawyer with strong transactional experience gained in private practice, ideally within a leading law firm, with expertise in either:

• Equity investments, venture capital or private equity; or
• Banking and finance, with relevant debt transaction experience

Experience in real estate finance, energy, renewables, or in-house / fund environments would be advantageous.

You will also bring:

• Excellent drafting, negotiation and influencing skills
• Sound commercial judgement and pragmatic decision-making capability
• Confidence working with senior stakeholders on complex matters
• Ability to prioritise across a varied and active deal pipeline
• A collaborative approach and commitment to high professional standards

What We Offer

At the Scottish National Investment Bank, we offer a supportive culture that values your expertise and autonomy, encourages continuous learning, and provides opportunities for meaningful work. The salary range is £84-98k, depending on experience, with additional benefits including 30 days annual leave plus public holidays, a 12% non-contributory pension, volunteer days, and more. We operate a hybrid working model and are open to discussing flexible working patterns.

If you are eligible under the Disability Confident Scheme or need any adjustments to support your application, please reach out to us. We are committed to providing the support needed for you to participate fully in our recruitment process.