At a Glance
- Tasks: Draft and negotiate tech and outsourcing agreements while advising on legal matters.
- Company: Join a Tier 1 bank with a focus on innovation and technology.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborate with senior stakeholders and enhance your legal skills in a fast-paced setting.
- Why this job: Make a real impact by supporting cutting-edge projects in the financial sector.
- Qualifications: 5+ years PQE with expertise in outsourcing and digital contract law.
The predicted salary is between 36000 - 60000 £ per year.
The Legal Counsel role sits within the wider Digital, Technology & Operations Legal team, which advises on Digital, Technology, Operations, Infrastructure, Payments, Data Privacy and Intellectual Property within a Tier 1 bank
In this high-profile role, you’ll be drafting, negotiating and advising on outsourcing (including material outsourcing) agreements as well as assisting on other technology and digital contracts, including cloud agreements, software licenses, services agreements and intra-group arrangements (this includes advising on the regulatory regimes that apply to such transactions).
If you’ve performed a similar role previously, this could be a great opportunity to develop your career.
The difference you’ll make:
- Providing strategic advice to the relevant business teams to support with structuring and implementing innovation and technology projects (including the development of customer facing apps, AI and payment functionality)
- Working closely with senior stakeholders in the Bank to deliver expert, accurate, concise, commercial and cost-effective legal advice that is readily understandable to non-lawyers
- Demonstrating creativity and innovation in reaching practical solutions on complex subject matters and be comfortable challenging when appropriate to ensure compliance with all relevant legal and regulatory requirements
- Sharing technical skills, experience and best practice with colleagues and the wider business and support other departments through training and the development of legal templates and checklists
- Keeping abreast of external developments in the law and financial services industry to enable the bank to react appropriately and in line with best practice, continuously seeking to improve processes, practices and policies
- Answering legal queries from internal customers as well as managing external suppliers/ stakeholders to successfully deliver advice, projects and other outcomes on a timely basis
What you’ll bring:
These are the essential requirements you need to be successful in this role:
- 5+ years PQE
- Experience providing legal advice that is readily understandable to non-lawyers
- Excellent knowledge and experience of outsourcing, digital, technology and commercial contract law
- IDEALLY knowledge of the regulatory regime impacting outsourcing in financial services, for example the Prudential Regulation Authority’s (PRA) Supervisory Statement on Outsourcing and Third Party Risk Management (SS2/21)
- Ability to manage and influence stakeholders
It would also be nice for you to have:
- Experience dealing with a large volume of matters and competing demands
- Excellent project management skills, with an ability to manage multiple, conflicting interests and deadline
If this role is of interest and you\'d like more info, please apply or drop me a message for more info.
Legal Counsel - Tech / Outsourcing Law in Glasgow employer: Lorien
As a Legal Counsel within our Tier 1 bank, you will thrive in a dynamic and innovative environment that champions professional growth and collaboration. Our culture prioritises employee development through continuous training and mentorship, ensuring you stay at the forefront of legal advancements in technology and outsourcing. With a commitment to work-life balance and a supportive team atmosphere, we offer a unique opportunity to make a significant impact while advancing your career in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel - Tech / Outsourcing Law in Glasgow
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and tech sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Be ready to discuss how your experience with outsourcing and technology law can add value to their team. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! You want to be able to clearly articulate your skills and experiences, especially around digital and technology contracts. Keep it concise and relevant to the role you’re applying for.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Legal Counsel - Tech / Outsourcing Law in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Legal Counsel role. Highlight your experience in outsourcing and technology law, and don’t forget to mention any relevant regulatory knowledge. We want to see how your background fits 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 passionate about this role and how your skills can help us at StudySmarter. Be specific about your experience with digital contracts and stakeholder management.
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled complex legal issues in the past. We love creativity and innovation, so share how you’ve provided practical solutions that align with compliance and best practices.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Lorien
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of outsourcing, digital, and technology law. Be ready to discuss specific cases or examples from your past experience that demonstrate your expertise in these areas. This will show that you’re not just familiar with the concepts but can apply them practically.
✨Speak Their Language
Since you'll be advising non-lawyers, practice explaining complex legal terms in simple language. Prepare a few examples where you've successfully communicated legal advice to stakeholders without a legal background. This will highlight your ability to bridge the gap between legal jargon and practical business needs.
✨Show Off Your Project Management Skills
Be prepared to discuss how you've managed multiple projects or conflicting interests in the past. Think of specific instances where you had to juggle deadlines and stakeholder expectations. This will demonstrate your organisational skills and ability to thrive under pressure.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest developments in financial services law and regulations, especially those affecting outsourcing. Bring up recent changes or news during your interview to show that you’re proactive and engaged with the industry. This will reflect your commitment to continuous improvement and best practices.
