Senior Legal Counsel (Banking)

Senior Counsel – Wealth Management

Location: London

Salary: Competitive + Bonus + Benefits

Reporting to: Head of Legal

WFH: 3 days office-based (2 work-from-home day)

Direct Reports: N/A

About the Role:

Exciting opportunity for an experienced legal professional based in London to support the European Wealth Management business.

As Senior Counsel, you will be responsible for providing specialised legal services and support to the wealth management business and will play a central role in the implementation of new products as part of a broader business strategy.

The legal team\’s key initiatives of developing new banking and credit products for clients, streamlining processes and leveraging technology and digital solutions to provide world-leading advice and services to its clients.

Responsibilities:

• Provide specialised, strategic legal advice and support to the business on a range of legal issues with a particular focus on credit and banking products, (including deposits, lending, security, financial regulation and strategic initiatives)
• Collaborate with business partners and colleagues across other functions to provide legal support and recommendations relating to the development of new products and digital solutions
• Provide day-to-day practical advice on the application of law and regulation as it relates to the provision of services on a cross-border basis
• Leverage legal expertise, financial services knowledge and external advice where relevant to deliver coordinated and comprehensive solutions
• Proactively translate legal, reputational, regulatory and other risks into business reality
• Provide transactional support to the credit business requiring a sound working knowledge of credit documentation (loan agreements, security documents, reservation of rights letters) and associated UK consumer lending and mortgage regulations
• Manage the activities of external counsel to identify the optimal resources for resolving issues and managing the quality and cost of the external services
• Delivery of the highest levels of service and implementation of robust processes for centralising and memorialising advice

Experience & Skills:

• Qualified solicitor or similar qualification
• At least 5 years of experience working in financial services with a focus on credit, banking or investment management services
• Proven ability to execute key strategic initiatives
• Proven industry expertise with in-depth knowledge and experience of UK and European regulations
• Excellent communication skills, with the ability to communicate complex legal concepts to non-legal stakeholders.
• Ability to provide exceptional service to European businesses and functions in a timely and innovative manner
• Strong analytical and problem-solving skills, with the ability to identify and mitigate legal and regulatory risks related to wealth management products and digital solutions
• Ability to work collaboratively with other departments and with external legal counsel and service providers
• Results-oriented, well-organised