Legal Counsel

Legal Counsel

Full-Time 63000 - 77000 Β£ / year (est.) Home office (partial)
McGregor Recruitment

At a Glance

  • Tasks: Provide legal advice on innovative financial services and support product development.
  • Company: Join a pioneering financial services business in a hybrid working environment.
  • Benefits: Collaborative culture, exposure to cutting-edge products, and high-profile partnerships.
  • Other info: Dynamic role with opportunities for growth and collaboration.
  • Why this job: Be at the forefront of banking innovation and make a real impact.
  • Qualifications: Qualified Solicitor or Barrister with experience in financial services regulation.

The predicted salary is between 63000 - 77000 Β£ per year.

  • Legal Counsel | Banking as a Service (Baa S)
  • London (Hybrid) | 12-Month Fixed-Term Contract
  • We're partnering with an innovative financial services business to appoint a

Legal Counsel to support the continued growth of its Banking as a Service (Baa S) and embedded finance propositions.

This is an exciting opportunity for a commercially minded lawyer who enjoys working closely with product, commercial, and technology teams to bring new propositions to market.

You'll play a key role in advising on strategic partnerships, product development, and the legal and regulatory frameworks that underpin Baa S solutions.

  • What You'll Be Doing
  • Providing practical, commercially focused legal advice across a range of Baa S and embedded finance initiatives.
  • Supporting the design, development, and launch of innovative financial services products.
  • Drafting, reviewing, and negotiating a variety of commercial and partnership agreements.
  • Advising stakeholders on legal and regulatory risks while enabling business growth and innovation.
  • Working closely with product, commercial, compliance, and regulatory teams to deliver customer-focused solutions.
  • Monitoring and interpreting relevant legal and regulatory developments within the financial services sector.

What We're Looking For

  • Qualified Solicitor or Barrister with relevant post-qualification experience.
  • Strong knowledge of the UK financial services regulatory landscape.
  • Experience advising on banking, lending, payments, embedded finance, or Banking as a Service propositions.
  • Excellent contract drafting and negotiation skills.
  • Ability to balance legal risk with commercial objectives in a fast-paced environment.
  • Strong stakeholder management and communication skills.
  • Preferred Experience
  • Previous in-house legal experience within a bank, fintech, financial institution, or regulated financial services business.
  • Experience supporting

Banking as a Service (Baa S) , embedded finance, POS lending, payments, or digital banking propositions.

  • Familiarity with working alongside product and technology teams in an agile or delivery-focused environment.

Why Apply?

  • Opportunity to work at the forefront of embedded finance and banking innovation.
  • High-profile role partnering with senior stakeholders across the business.
  • Collaborative hybrid working environment.
  • Exposure to cutting-edge financial services products and strategic partnerships.

If you're a commercially driven lawyer with strong financial services regulatory expertise and an interest in the evolving Baa S landscape, we'd love to hear from you.

Mc Gregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

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Legal Counsel employer: McGregor Recruitment

Join a leading global professional services firm that prioritises innovation and employee development in the rapidly evolving field of AI. With a hybrid work environment, you will benefit from a collaborative culture that encourages creativity and offers ample opportunities for growth and advancement. Experience the unique advantage of working with cutting-edge technology on impactful projects that deliver real enterprise value.

McGregor Recruitment

Contact Details:

McGregor Recruitment Recruitment Team

We think you need these skills to ace Legal Counsel

Legal Advice
Contract Drafting
Negotiation Skills
Knowledge of UK Financial Services Regulatory Landscape
Stakeholder Management
Commercial Awareness
Risk Assessment