Senior Legal Counsel

Senior Legal Counsel

Full-Time 81000 - 99000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Provide expert legal advice on complex financial disputes and collaborate with a dynamic legal team.
  • Company: Join the Financial Ombudsman Service, a vital player in UK financial services.
  • Benefits: Enjoy a competitive salary, flexible working, and extensive personal development opportunities.
  • Other info: Be part of a diverse team that values collaboration and personal growth.
  • Why this job: Make a real impact in financial law while working in a supportive and inclusive environment.
  • Qualifications: Qualified solicitor or barrister with experience in regulatory or public sector law.

The predicted salary is between 81000 - 99000 £ per year.

Are you a qualified lawyer looking for a new challenge, stimulating work, and a chance to have a big impact?

Contract: permanent

Working hours: 35 hours per week is full time. Where possible, we are open to considering part time/flexible working patterns. Please let us know in your application your desired working pattern.

Salary: £96,278

Location: London Docklands, Hybrid

Reporting to: General Counsel

By joining our team, you'll enjoy the best of both worlds – hybrid working and the collaboration of a great office environment. Our permanent hybrid policy sees us all working at least four days across a fortnight in the office. As well as extensive opportunities for personal and career development.

The Financial Ombudsman Service is an independent, not-for-profit organisation that plays a vital role in UK financial services. Every day we help resolve disputes between consumers, or small businesses, and their financial service providers. Our legal team advises and supports the Financial Ombudsman Service across a broad range of legal areas. We advise on legal issues relevant to Ombudsman’s decisions and to our broader work, help to build our approach to resolving disputes, and act for the FOS if we are challenged through the courts.

We are looking for an experienced solicitor or barrister qualified in England & Wales to join us as Senior Legal Counsel. You will work with the legal team to provide advice to the FOS on all legal and jurisdiction matters and help us build our legal knowledge across the Ombudsman Service. The Financial Ombudsman Service is often at the cutting-edge of financial services law. As such, the legal issues we face are complex and can be novel. Our jurisdiction is being reformed, so that our ombudsmen’s decisions will turn on issues normally encountered in civil litigation. Specific legal knowledge and experience in this field is desirable.

You will also need the intellectual ability and breadth of legal knowledge to provide sound and clear answers to all manner of difficult legal questions. As Senior Legal Counsel, you will advise on the most complex and sensitive issues we receive in the team. You will be familiar with some of the law we apply, but where relevant law is unfamiliar you will be able to develop and extend your expertise by legal research. When required you will take a lead on specific areas and legal projects. You will need the judgement and confidence to deliver advice that impacts many people.

We are a team and we operate as one. This means collaborating and sharing our knowledge and insights. Senior Legal Counsel ideally bring significant and varied experience to the role. We support less experienced members of the team in developing and learning and we work together to train others outside the team. You will be a vital member of this team and will participate in these activities to the full. You will need to have great interpersonal skills and to give a good account of yourself when making presentations.

To be considered for this role, you’ll need to show us that you’ve got the skills and capabilities. You’ll have to meet the following minimum criteria:

  • Be a solicitor or barrister qualified in England and Wales.
  • Recent experience in the regulatory, commercial or public sector or in private practice.
  • Excellent written and oral communication skills.
  • Strong technical skills in financial services, law and regulation.
  • Strong technical skills and experience in one or more of the following areas – public law, litigation, information law and contract law.

We would also like you to have the following skills:

  • Demonstrable expertise in civil litigation or handling financial services disputes.
  • Proactive problem-solving skills, identifying solutions supported by the law with an eye to wider implications for clients.
  • Strong prioritisation skills and ability to be flexible.
  • Ability to build good relationships with internal clients to help you fully understand their needs and advise on our recommended approach on legal matters.
  • Strong drafting and negotiation skills.
  • Experienced in supervising trainee solicitors, providing training and coaching.

Why You'll Love Working With Us:

We are a values led organisation. Our values define our culture, influence our decisions, and underpin our vision and strategy. They set out how we play our PART through Purpose, Ambition, Respect and Trust.

You can learn more about our values here:

  • Wellbeing: (Health plan, gym memberships, mental health support)
  • Growth: We invest in your future with (courses, mentorship, promotions)
  • Culture: Diverse. Inclusive. Collaborative. Fun.

We also offer an attractive, competitive salary and flexible benefits to suit our people.

Benefits:

  • 25 days holiday entitlement, with the option to buy extra or sell days.
  • Generous pension.
  • Various Family Friendly Policies, including enhanced maternity pay, carers and dependants leave.
  • Employer provided benefits such as Private medical insurance, virtual GP, Critical illness cover, Life assurance cover, to name a few.
  • Choice of voluntary benefits including Technology scheme, Cycle to work scheme, Will-writing service amongst others.
  • Gym membership discounts, and a fully equipped on-site gym open 24/7 in London only.

We are proud to be a Disability Confident Leader and, under the scheme, will progress a fair and proportionate number of disabled applicants who meet the minimum criteria for the role to interview. Interviews may be conducted via video, telephone, or a panel Interview, with some vacancies requiring an online assessment to measure the minimum criteria.

We view diversity as fundamental to our success and welcome applications from underrepresented groups across all communities. We celebrate diversity and are committed to creating an inclusive environment for all team members.

The Financial Ombudsman Service is an equal opportunities employer. All applicants will be treated in a fair and equal manner and in accordance with the law, regardless of gender, marital status, race, religion, colour, age, disability or sexual orientation. We’re committed to being a great place to work – attracting and developing people from the widest possible range of backgrounds. We want everyone to perform at their best and feel able to be themselves. We understand that if we’re diverse and inclusive, we’ll better understand different perspectives, which is fundamental to our job resolving financial complaints.

You can read more about Diversity and Inclusion. We are proud to be a Disability Confident Leader. Disabled applicants who fulfil the minimum criteria for the role will be progressed to the next stage of the process. Do let us know of any reasonable adjustments you need. You will need to demonstrate that you meet the minimum criteria in order to qualify for the Disability Confident scheme.

Senior Legal Counsel employer: Financial Ombudsman

The Financial Ombudsman Service is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London Docklands. With a strong commitment to employee wellbeing, professional growth, and a collaborative culture, we empower our team members to thrive while making a meaningful impact in the financial services sector. Our hybrid working model, extensive benefits, and focus on diversity ensure that every employee feels valued and supported in their career journey.

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Contact Details:

Financial Ombudsman Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Legal Counsel

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 Financial Ombudsman, 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 Senior Legal Counsel

Qualified solicitor or barrister in England and Wales
Regulatory knowledge
Commercial law expertise
Public sector experience
Private practice experience
Excellent written communication skills
Excellent oral communication skills

Some tips for your application 🫡

Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Financial Ombudsman, 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 Financial Ombudsman and the specific role of Senior Legal Counsel. 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 Financial Ombudsman’s culture!

How to prepare for a job interview at Financial Ombudsman

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 Financial Ombudsman.

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 Financial Ombudsman.