At a Glance
- Tasks: Advise on regulated lending, draft consumer documentation, and provide strategic regulatory advice.
- Company: Top-tier UK law firm renowned for financial services regulatory expertise.
- Benefits: Competitive salary, professional development, and the chance to work with leading banks.
- Other info: Collaborate with top partners and senior stakeholders in a fast-paced environment.
- Why this job: Join a dynamic team shaping the future of retail banking regulations.
- Qualifications: 5+ years PQE in financial regulatory law and strong knowledge of consumer credit.
The predicted salary is between 70000 - 90000 £ per year.
A major Tier 1 UK law firm, widely recognised for its expertise in financial services regulatory law, is seeking to hire an experienced Financial Services Regulation Lawyer with deep knowledge of regulated lending and banking. It will suit a lawyer with a strong track record in advising on regulated consumer lending products, retail financial services, and compliance with the Consumer Credit Act and FCA requirements.
The firm advises nearly every major UK retail bank and building society, acting as trusted regulatory counsel on both core product lines and innovative new offerings. You’ll work directly with leading partners and senior in-house legal and compliance teams on matters at the heart of the UK’s evolving regulatory landscape.
- Advising on regulated lending frameworks, including consumer credit and regulated mortgage agreements.
- Drafting, reviewing and structuring consumer-facing documentation, including hire-purchase agreements, credit cards, point-of-sale finance, and regulated mortgages.
- Providing strategic regulatory advice in relation to the Consumer Credit Act 1974, the Mortgage Credit Directive, FCA Handbook, and broader financial services legislation.
- Supporting clients on product design, regulatory perimeter analysis, and FCA authorisation and supervision issues.
- Advising on the regulatory impact of new legislation, policy developments, and consumer protection reforms.
- Working closely with corporate, commercial and disputes teams on the regulatory aspects of M&A, joint ventures, enforcement and internal investigations.
- Managing relationships with General Counsel and senior stakeholders at banks, building societies, FinTechs, and retail finance arms.
They are looking for an experienced and technically strong financial regulatory lawyer with:
- ~5+ years PQE gained at a leading City, national or international law firm, or a combination of private practice and in-house legal experience within a regulated financial institution.
- ~ Detailed and demonstrable knowledge of regulated lending and consumer credit, including the Consumer Credit Act 1974, FCA CONC, and mortgage regulation.
- ~ Strong track record in advising retail financial services providers on compliance, conduct risk, and product development.
- ~ Familiarity with regulated mortgage contracts, hire purchase agreements, and retail credit frameworks (including BNPL and digital lending models) is highly advantageous.
- ~ A pragmatic, client-facing approach and a clear ability to simplify complex regulations for commercial application.
- ~ Experience working with large banking clients or building societies – particularly those under dual regulation by the PRA and FCA.
Banking or Regulatory Lawyer required for Retail Bank in City of London employer: Buchanan
As a leading Tier 1 UK law firm, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their careers. With a strong focus on professional development, we offer extensive training and mentorship opportunities, ensuring that our lawyers are well-equipped to navigate the complexities of financial services regulation. Located in the heart of the city, our firm provides a dynamic environment where you can engage with top-tier clients and contribute to shaping the future of retail banking.
