Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Coordinate with external advisors on legal and compliance matters for UK bank operations.
- Company: Join a leading UK bank focused on integrity and regulatory excellence.
- Benefits: Enjoy flexible working options and a supportive corporate culture.
- Why this job: Make a real impact in the banking sector while developing your legal expertise.
- Qualifications: Ideal for those studying law or compliance; no prior experience required.
- Other info: Opportunity to work on diverse legal projects and gain valuable insights.
The predicted salary is between 36000 - 60000 £ per year.
Based in the Legal & Compliance department, the role focuses on coordinating with external advisors on legal, regulatory compliance, and related matters for UK bank operations.
Key Responsibilities:
- Provide guidance on routine legal and compliance matters to the business.
- Draft, review, and update compliance policies, procedures, and controls, addressing related inquiries.
- Maintain the Regulatory Correspondence Register and supporting documentation.
- Respond accurately and promptly to courts, police, DWP, liquidators, HMRC, regulators, and other enforcement agencies.
- Conduct horizon scanning and map regulations across bank functions.
- Review legal court orders and information requests monthly for the Legal & Compliance Committee.
- Deliver regulatory updates to Compliance, Business, and Operations teams.
- Advise on legal issues stemming from UK operations.
- Annually review the Legal and Conveyancing Panel, maintaining regular communication for external legal services, opinions, and litigation.
- Handle ad hoc legal matters as needed.
- Approve financial promotions.
- Oversee and monitor legal and compliance activities.
- Compile reports for senior management.
- Review outputs from third-party vendor systems.
- Undertake ad hoc Legal & Compliance projects as assigned by the Head of Legal & Compliance.
Legal and Compliance Specialist employer: UK Bank
Contact Detail:
UK Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal and Compliance Specialist
✨Tip Number 1
Familiarise yourself with the latest UK banking regulations and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing legal landscape.
✨Tip Number 2
Network with professionals in the legal and compliance field, especially those working in banking. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled legal and compliance issues in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your problem-solving skills and attention to detail.
✨Tip Number 4
Research StudySmarter's values and mission, and think about how your personal values align with them. Being able to articulate this connection during your discussions can set you apart as a candidate who truly fits our culture.
We think you need these skills to ace Legal and Compliance Specialist
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Legal and Compliance Specialist. Highlight your understanding of legal frameworks, compliance policies, and regulatory requirements in your application.
Tailor Your CV: Ensure your CV reflects relevant experience in legal and compliance roles. Emphasise any specific projects or tasks that align with the job description, such as drafting compliance policies or liaising with regulatory bodies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for legal compliance and your ability to handle complex regulatory matters. Use specific examples from your past experiences to demonstrate your skills and how they relate to the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no grammatical errors or typos, as attention to detail is crucial in legal roles. A polished application reflects your professionalism.
How to prepare for a job interview at UK Bank
✨Know Your Legal Basics
Brush up on key legal concepts and compliance regulations relevant to the UK banking sector. Being able to discuss these confidently will show your understanding of the role and its requirements.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific legal or compliance issues. Think of examples from your past experience where you successfully navigated similar challenges.
✨Familiarise Yourself with Regulatory Bodies
Research the main regulatory bodies in the UK, such as the FCA and PRA. Understanding their roles and recent updates will demonstrate your proactive approach and commitment to staying informed.
✨Showcase Your Communication Skills
As a Legal and Compliance Specialist, you'll need to communicate complex information clearly. Prepare to discuss how you've effectively communicated with various stakeholders in previous roles.
