At a Glance
- Tasks: Provide legal advice on retail banking issues and mitigate legal risks.
- Company: Join LOD, a leading flexible legal service provider with a global presence.
- Benefits: Enjoy flexible work options, training support, and career-enhancing projects with top brands.
- Why this job: Be part of a dynamic team transforming the legal landscape with exciting growth opportunities.
- Qualifications: Must be a senior banking lawyer with retail banking experience and knowledge of relevant laws.
- Other info: This is a full-time role, ideally 3 days in the Birmingham office.
The predicted salary is between 48000 - 72000 £ per year.
We're looking for a senior Retail Banking lawyer to support a multinational financial services organisation for 9 months. This is an exciting opportunity to join one of the company's key Retail Banking teams. Your role will include:
- Providing advice and support on legal issues, particularly focusing on matters relating to current accounts, overdrafts, savings, and FX products, with flexibility to support on other areas as and when needed.
- Providing risk leadership and oversight of activities to mitigate legal risks in the business, in line with the Risk Management Framework.
- Taking part in key governance committees and forums as required.
- Updating the business on changes to law and regulation.
You'll be a senior banking lawyer with previous experience in retail banking, with confidence in retail banking laws and products (such as BCOBs, PSRs, overdrafts, CCA). This assignment will be full-time, ideally with 3 days in the office in Birmingham.
We can offer:
- Varied, challenging, career-enhancing work with market-leading brands (from Google to Barclays, and Amex to adidas) as well as exciting growth companies.
- Flexibility and autonomy: you can work anything from full-time onsite with a client to a few hours each week from home.
- Training and know-how, as well as support from our dedicated HQ Team.
- A variety of flexible models that include working at the client’s offices or remotely.
About LOD: LOD is the leading flexible legal service provider across ten locations: Brisbane, Hong Kong, London, Melbourne, New York, Perth, Singapore, Dubai, and Sydney. We are changing the way in which clients buy legal services and provide talented lawyers with a new way of working. This role offers an opportunity to be part of this story.
Senior Retail Banking Lawyer employer: Lawyers On Demand Limited
Contact Detail:
Lawyers On Demand Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Retail Banking Lawyer
✨Tip Number 1
Network with professionals in the retail banking sector. Attend industry events, webinars, or local meetups to connect with other lawyers and financial services experts. This can help you gain insights into the latest trends and potentially lead to referrals.
✨Tip Number 2
Stay updated on recent changes in retail banking laws and regulations. Subscribe to legal newsletters or follow relevant blogs to ensure you're well-informed. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare to discuss specific legal challenges faced by retail banks. Think about how you would approach issues related to current accounts, overdrafts, and savings products. Being able to articulate your problem-solving strategies will set you apart from other candidates.
✨Tip Number 4
Familiarise yourself with LOD's unique working model and values. Understanding their approach to flexible legal services will help you align your application with what they are looking for in a candidate, making you a more attractive prospect.
We think you need these skills to ace Senior Retail Banking Lawyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in retail banking law, particularly with current accounts, overdrafts, and savings products. Use specific examples to demonstrate your expertise and how it aligns with the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role at LOD. Mention your understanding of their flexible working model and how it fits your career aspirations.
Highlight Relevant Experience: In your application, emphasise any previous roles where you provided legal advice in retail banking. Discuss your experience with risk management and governance committees, as these are key aspects of the position.
Showcase Your Soft Skills: Apart from technical skills, highlight your ability to work collaboratively with client teams. Mention any experiences that demonstrate your communication skills and adaptability, which are crucial for this role.
How to prepare for a job interview at Lawyers On Demand Limited
✨Know Your Retail Banking Laws
Make sure you brush up on your knowledge of retail banking laws and products, especially BCOBs, PSRs, and CCA. Being able to discuss these confidently will show that you're well-prepared and understand the legal landscape.
✨Demonstrate Risk Management Skills
Be ready to talk about your experience in providing risk leadership and oversight. Prepare examples of how you've mitigated legal risks in previous roles, as this is a key aspect of the position.
✨Engage with Governance Committees
Familiarise yourself with the role of governance committees in a banking context. Be prepared to discuss how you can contribute to these forums and any relevant experiences you have had in similar settings.
✨Show Flexibility and Adaptability
Since the role requires flexibility in supporting various areas, highlight your ability to adapt to changing legal needs. Share examples of how you've successfully navigated diverse legal challenges in your career.