Caprock (www.caprock.com.au) is a non‐bank financial institution providing institutional, wholesale and wealth clients with access to global markets through institutional‐grade structuring, custody and execution infrastructure.
The business designs and implements a broad range of financial solutions — from conventional strategies through to complex, multi‐jurisdictional structured transactions involving custody, collateral, and capital markets frameworks.
Caprock Institutional provides trustee, fund structuring and investment capabilities within a high‐control, compliance‐first operating model, while Caprock Private supports advisers and wholesale investors through tailored portfolio and execution solutions.
The firm operates a fully integrated model across structuring, custody, execution and compliance, allowing clients to access opportunities that would otherwise be difficult to implement or scale.
Role Description
This is a full‐time, in‐office role based in Sydney (not remote or hybrid).
We are seeking a Senior Legal Counsel – Structured Finance & Complex Structures to work directly with senior leadership on complex, high‐value transactions.
This role is not a traditional legal advisory position. You will be responsible for designing, stress‐testing and implementing transaction structures in situations where:
- Legal entitlement, control and execution sit in different places
- Enforcement pathways are not straightforward
- Counterparties (banks, custodians, issuers) operate under competing constraints
- Standard market documentation is insufficient
You will play a central role in ensuring transactions are both commercially executable and legally defensible, particularly across:
- Structured credit and capital markets transactions
- Custody and collateral structures
- Enforcement and default mechanics
- Cross‐border, multi‐party transaction frameworks
Key Responsibilities Transaction Structuring & Deal Execution
- Lead legal structuring on complex transactions from origination through execution
- Translate commercial concepts into clear, enforceable legal frameworks
- Identify gaps between intended structure vs operational execution
Control, Custody & Enforcement Analysis
- Analyse how assets are held, controlled and instructed in practice (not just legally)
- Design workable enforcement pathways in default scenarios
- Assess limitations imposed by custodians, banks and counterparties
Lender & Credit Positioning
- Determine what a structure actually supports from a lender perspective
- Identify whether arrangements are:
- non‐reliance
- Build the minimum legal and documentation stack required for credit acceptance
- enforceability vs operational intent
- bankruptcy remoteness and recharacterisation risk
- Ensure the business is protected on:
- fees and engagement risk
- dependency on third parties
Documentation & Negotiation
- Draft and negotiate:
- bespoke transaction structures
- security / control documentation
- intercreditor and enforcement frameworks
- Work directly with:
- Banks
- Custodians
- Issuers
- External counsel
Qualifications
- Admitted legal practitioner (Australia or comparable common law jurisdiction)
- 8–15+ years PQE in:
- structured finance
- banking & finance
- capital markets or securitisation
Critical Experience (Must‐Have)
- Experience working on non‐standard or bespoke transaction structures
- Strong understanding of:
- collateral and security frameworks
- custody and control mechanics
- enforcement and default pathways
- Ability to assess how structures actually work in practice, not just on paper
Highly Desirable
- Exposure to:
- cross‐border transactions
- trustee / security agent structures
- capital markets infrastructure
- Experience dealing with situations where:
- documentation, control and enforcement are not fully aligned
Key Attributes
- Highly commercial and outcome‐driven
- Able to operate in ambiguous, high‐pressure environments
- Strong judgement — knows where to hold the line vs move forward
- Structured thinker with the ability to design solutions, not just critique them
- Direct, clear communicator with senior stakeholders
Work Arrangement
This is a full‐time, in‐office role based in Sydney CBD.
We operate in a high‐performance, collaborative environment, and this role requires:
- daily face‐to‐face engagement
- close interaction with senior leadership
- hands‐on involvement in live transactions
- Investment Banking
Employment Type
- Full‐time
