Rae has over 20 years' experience as a lawyer focused on securitizations and structured finance.

She worked for a number of years at Lehman Brothers and in a 'magic circle' law firm, both in London and Tokyo. Her practice includes acting for originators and arrangers of UK, European and Japanese securitizations.

Rae was head of legal equity and structure finance teams at Lehman Brothers Asia before relocating to London, where she joined Lehman's Global Real Estate Group in a business origination role. She then became head of legal, UK for a data center operator and later worked for the Lehman administration followed by a number of consulting roles, including advising on projects in Cambodia, Spain and London.

Rae's transactional experience includes insured receivables financings; residential mortgage backed securitizations; auto-lease receivables securitizations; credit card receivables securitizations; real estate-backed securitizations; collateralised loan obligation transactions; and non-performing loan securitizations and SME lending.

She is described in The Legal 500 UK 2020 as "a very good professional, always very responsive" who is "eager to propose solutions" with "very strong communication skills, which makes the people around her want to work together again."