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- 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 marketplace with innovative services.
- 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.
If this sounds like you, we'd love to hear from you!
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.
This role offers an opportunity to be part of this story.
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 legal conferences where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest developments in retail banking laws and regulations. Being well-versed in current issues will not only boost your confidence but also demonstrate your commitment to staying updated in this fast-evolving field.
✨Tip Number 3
Prepare to discuss your previous experiences in retail banking during interviews. Highlight specific cases where you provided legal advice on current accounts, overdrafts, or savings products, showcasing your expertise and problem-solving skills.
✨Tip Number 4
Research LOD's approach to flexible legal services and be ready to articulate how your working style aligns with their values. Showing that you understand their business model and are excited about the opportunity to contribute can set you apart from other candidates.
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.
Showcase Relevant Experience: In your application, emphasise any previous roles where you provided legal advice in retail banking. Highlight your ability to mitigate legal risks and your experience with governance committees, as these are key aspects of the job.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a legal role.
How to prepare for a job interview at Lawyers On Demand Limited
✨Showcase Your Expertise
As a senior Retail Banking lawyer, it's crucial to demonstrate your deep understanding of retail banking laws and products. Be prepared to discuss specific regulations like BCOBs and PSRs, and share examples of how you've successfully navigated legal challenges in these areas.
✨Highlight Risk Management Experience
Since the role involves providing risk leadership, make sure to highlight your experience in mitigating legal risks. Discuss any frameworks you've implemented or contributed to, and how they positively impacted the business.
✨Engage with Governance Committees
Familiarise yourself with the governance structures relevant to the role. Be ready to discuss your previous experiences in similar committees and how you contributed to decision-making processes, showcasing your ability to work collaboratively.
✨Demonstrate Flexibility and Adaptability
The job requires flexibility in supporting various areas of law. Share examples of how you've adapted to changing legal landscapes or taken on diverse responsibilities in past roles, emphasising your willingness to learn and grow.
