At a Glance
- Tasks: Provide legal advice on retail banking and consumer finance matters.
- Company: Join Axiom, a leader in alternative legal services with a diverse culture.
- Benefits: Enjoy competitive pay, health benefits, pension, and professional development opportunities.
- Other info: Flexible working options available: remote, onsite, or hybrid.
- Why this job: Make a real impact in the evolving world of consumer finance and banking.
- Qualifications: Qualified lawyer with experience in consumer finance and retail banking regulations.
The predicted salary is between 50000 - 70000 £ per year.
We are currently seeking Retail Banking Lawyers to support Axiom clients on a range of consumer finance, consumer credit, and retail banking matters, with a particular focus on regulated lending, consumer banking products, CCA 1974, FCA regulation, Consumer Duty, and customer-facing financial services.
Responsibilities
- Provide practical, commercially focused legal advice on retail banking, consumer finance, and consumer credit matters, including personal loans, credit cards, mortgages, overdrafts, BNPL, point-of-sale finance, and other regulated lending products.
- Advise on UK consumer finance and retail banking regulation, including the Consumer Credit Act 1974, FCA Handbook, Consumer Duty, financial promotions, customer communications, conduct risk, affordability, vulnerable customers, and complaints handling.
- Draft, review, and advise on consumer finance documentation, including regulated credit agreements, loan documentation, customer terms and conditions, product terms, notices, disclosures, policies, procedures, and customer-facing materials.
- Partner with legal, compliance, product, risk, operations, customer, commercial, and regulatory teams to support product development, product launches, regulatory change, remediation projects, governance frameworks, and risk mitigation.
Minimum Qualifications
- Qualified lawyer eligible to practise in the UK, or equivalent overseas qualification with strong consumer finance, consumer credit, retail banking, consumer banking, or financial services regulatory experience.
- Experience advising on the Consumer Credit Act 1974, FCA regulatory requirements, Consumer Duty, regulated lending, retail financial products, customer terms, financial promotions, conduct risk, or consumer protection matters.
- Experience supporting retail banks, credit card issuers, mortgage lenders, consumer finance providers, fintechs, BNPL providers, payment businesses, or other regulated financial services organisations.
- Strong drafting, advisory, stakeholder management, regulatory analysis, and commercial judgment skills, with the ability to deliver pragmatic, business-focused legal advice in regulated consumer-facing environments.
Compensation, Benefits & Location
This role offers a highly competitive compensation and benefits package in the alternative legal services marketplace, that includes health benefits, pension and more. Axiomites also get access to professional development resources and learning and development programs. Axiom provides the opportunity to work remotely, onsite or hybrid, depending on client requirements.
Equal Opportunity Employer
Axiom ensures equal employment opportunity in recruitment and employment, without discrimination or harassment on the basis of race, color, nationality, national or ethnic origin, religious creed or belief, political opinion, sex, gender reassignment, pregnancy or maternity, age, disability, alienage or citizenship status, marital status, genetic predisposition or carrier status, sexual orientation, military service, or any other characteristic protected by applicable law. Axiom prohibits and will not tolerate any such discrimination or harassment.
Accommodation for Individuals with Disabilities
Upon request and consistent with applicable laws, Axiom will provide reasonable accommodations for individuals with disabilities who require an accommodation to participate in each stage of the recruitment process. To request an accommodation to complete the application form, please contact us at benefits@axiomlaw.com and include “Applicant Accommodation” in the subject line.
Privacy Notice
For an explanation of the kind of information we collect about you and how it is used, our full privacy notice is available at https://www.axiomlaw.com/privacy-notice.
Background Check
Employment with Axiom may be contingent upon successful completion of a background check, providing proof of identity, and possessing the necessary legal authorization to work.
Retail Banking Lawyer employer: Axiom Technology Inc
Axiom is an exceptional employer for Product Counsel Lawyers, offering a dynamic work environment that fosters collaboration across diverse teams in the fast-paced digital and technology sectors. With a strong emphasis on employee growth, Axiom provides ample opportunities for professional development and advancement, alongside competitive compensation and benefits. The company's commitment to innovation and its supportive culture make it an ideal place for legal professionals looking to make a meaningful impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Retail Banking Lawyer
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Axiom Technology Inc, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Retail Banking Lawyer
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Axiom Technology Inc, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Axiom Technology Inc and the specific role of Retail Banking Lawyer. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Axiom Technology Inc’s culture!
How to prepare for a job interview at Axiom Technology Inc
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Axiom Technology Inc.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Axiom Technology Inc.
