Risk and Compliance Assistant - Legal in London
Risk and Compliance Assistant - Legal

Risk and Compliance Assistant - Legal in London

London Full-Time 45000 - 45000 £ / year (est.) Home office (partial)
Loans 2 Go Limited

At a Glance

  • Tasks: Support legal compliance and advisory work in the consumer credit sector.
  • Company: Join a leading firm with a focus on compliance and legal excellence.
  • Benefits: Up to £45k salary, 10% performance bonus, hybrid working, and generous holiday.
  • Why this job: Make a real impact by ensuring robust compliance frameworks and legal guidance.
  • Qualifications: LLB or equivalent, LPC or solicitor qualification, with 3-6 years of relevant experience.
  • Other info: Dynamic role with opportunities for professional development and career growth.

The predicted salary is between 45000 - 45000 £ per year.

We are seeking a detail-oriented and commercially astute Legal Compliance Officer to join our Compliance team. This role is suited to a legally qualified candidate (LLB, LPC, or Solicitor) with strong experience across UK regulatory frameworks and hands-on exposure to legal advisory work within the consumer credit sector.

The successful candidate will play an important role combining legal advisory and compliance oversight, supporting the interpretation and application of laws and regulations, while ensuring robust compliance frameworks are embedded across the business.

  • Draft, review, and advise on a wide range of legal and compliance documentation, including policies, procedures, customer terms, and internal governance documents.
  • Provide legal advice to the business on regulatory requirements, contractual matters, and risk exposure, particularly within the consumer credit space.
  • Interpret and apply relevant legislation, including FCA rules, consumer credit laws, and data protection requirements, into practical business solutions.
  • Assist in developing, reviewing, and maintaining compliance policies and procedures in line with UK regulatory requirements.
  • Support internal audits, compliance reviews, and regulatory investigations, including legal input where required.
  • Investigate and manage financial crime matters, including fraud cases, ensuring appropriate legal analysis, escalation, and resolution.
  • Review and advise on customer complaints and disputes, including potential legal exposure and escalation pathways.
  • Liaise with external counsel on complex legal matters, litigation, or regulatory enquiries where necessary.
  • Maintain accurate legal and compliance records, including documentation of advice, decisions, and regulatory interactions.

Qualifications:

  • Law degree (LLB or equivalent), LPC or qualified solicitor is essential.
  • ~3 - 6 years’ experience in a compliance, legal, or regulatory role.
  • Strong knowledge of UK regulatory frameworks, including FCA requirements, consumer credit law, AML, fraud, and data protection.
  • Demonstrable experience providing legal advice within a regulated environment.
  • Experience working within an in-house legal/compliance team.
  • Ability to interpret complex legal and regulatory requirements and translate them into clear, practical guidance.
  • Strong drafting skills for legal and policy documentation.
  • Experience within financial services, fintech, or consumer finance.
  • Experience with compliance monitoring tools and regulatory reporting systems.
  • Knowledge of dispute resolution processes and handling regulatory complaints.
  • Understanding of risk management and corporate governance frameworks.

Benefits:

  • Private Dental Insurance.
  • Life Insurance Cover.
  • Performance Dependent Bonus - 10% of annual salary.
  • Hybrid Working Scheme.
  • Up to 33 days holiday inclusive of UK Bank Holidays.
  • Accrued Holiday Sellback and Carryover Scheme.
  • Employee Assistance Programme.
  • Refer-a-friend Scheme.
  • Commitment to your Professional Learning and Development.

40 hours per week, Monday to Friday, 8am to 5pm.

Risk and Compliance Assistant - Legal in London employer: Loans 2 Go Limited

Join a dynamic and supportive Compliance team where your legal expertise will be valued and nurtured. With a strong commitment to employee growth, we offer extensive professional development opportunities, a hybrid working scheme, and a generous holiday allowance, ensuring a healthy work-life balance. Our collaborative culture fosters innovation and compliance excellence, making us an exceptional employer in the consumer credit sector.
Loans 2 Go Limited

Contact Detail:

Loans 2 Go Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk and Compliance Assistant - Legal in London

✨Tip Number 1

Network like a pro! Reach out to people in the compliance and legal sectors on LinkedIn. Join relevant groups and engage in discussions to get your name out there and learn about potential job openings.

✨Tip Number 2

Prepare for interviews by brushing up on UK regulatory frameworks and recent changes in consumer credit laws. We want you to be able to discuss how these impact businesses, so practice articulating your thoughts clearly.

✨Tip Number 3

Showcase your skills! Create a portfolio of your previous work, including any legal documents or compliance policies you've drafted. This will give potential employers a tangible sense of what you can bring to the table.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Risk and Compliance Assistant - Legal in London

Legal Qualification (LLB, LPC, or Solicitor)
Experience in Compliance and Regulatory Roles
Knowledge of UK Regulatory Frameworks
Understanding of FCA Requirements
Consumer Credit Law Expertise
AML Knowledge
Data Protection Requirements
Legal Advisory Skills
Drafting Skills for Legal and Policy Documentation
Experience in Financial Services or Fintech
Compliance Monitoring Tools Experience
Regulatory Reporting Systems Knowledge
Dispute Resolution Processes Understanding
Risk Management Knowledge
Corporate Governance Frameworks Understanding

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the role of Risk and Compliance Assistant. Highlight your legal qualifications and relevant experience in compliance and regulatory frameworks, especially within the consumer credit sector. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Compliance team. Mention specific experiences that demonstrate your understanding of UK regulations and your ability to provide legal advice. Keep it engaging and personal – we love to see your personality!

Showcase Your Skills: In your application, don't forget to showcase your strong drafting skills and your experience with compliance monitoring tools. We’re keen on candidates who can interpret complex legal requirements and translate them into practical solutions. Make sure these skills stand out!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy – just follow the prompts and submit your materials!

How to prepare for a job interview at Loans 2 Go Limited

✨Know Your Regulations

Make sure you brush up on UK regulatory frameworks, especially FCA rules and consumer credit laws. Being able to discuss these confidently will show that you're not just familiar with the legal landscape but can also apply it practically.

✨Showcase Your Drafting Skills

Prepare examples of your previous work where you've drafted or reviewed legal documents. Bring along samples if possible, as this will demonstrate your strong drafting skills and attention to detail, which are crucial for this role.

✨Be Ready for Scenario Questions

Expect questions that put you in hypothetical situations related to compliance and legal advisory. Think about how you would handle issues like customer complaints or financial crime matters, and be ready to articulate your thought process clearly.

✨Highlight Your Teamwork Experience

This role involves liaising with various teams and external counsel, so be prepared to discuss your experience working collaboratively. Share specific examples of how you've successfully worked within a team to achieve compliance goals or resolve legal issues.

Risk and Compliance Assistant - Legal in London
Loans 2 Go Limited
Location: London

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