At a Glance
- Tasks: Provide expert legal advice on financial services and regulatory matters.
- Company: Join a large international organisation renowned for its integrity in the financial sector.
- Benefits: Enjoy flexible hybrid working, competitive salary, and professional development opportunities.
- Why this job: Be part of a supportive team that values integrity and professionalism while making a real impact.
- Qualifications: Must be UK/IRE qualified with at least 3 years PQE in financial services.
- Other info: Experience in motor finance and consumer credit laws is preferred.
The predicted salary is between 60000 - 70000 £ per year.
Our client is looking for a Legal Counsel with financial services and regulatory background to join their in-house legal function. The candidate will be providing legal advice and guidance to ensure the smooth running of our activities in accordance with UK laws and regulations.
Our client is a large international organisation within the financial sector, known for its robust and professional services in multiple areas of the financial industry. The company is committed to providing excellent service to clients and maintaining the highest standards of integrity and professionalism.
Description
- Expert advice and guidance to the internal stakeholders and colleagues on legal, regulatory, contractual, compliance, corporate governance and conduct risk issues.
- Guidance and assistance on contract negotiations, including providing support regarding claims, litigation, and procurement.
- Assist the Head of Legal with corporate law actions.
- Advise on financial promotions and advertising activities (in respect of legal and regulatory matters).
- Expert advice and liaise with external providers on escalated matters and perform controls in accordance with the Legal control framework.
- Assist in the management and investigation of incidents and issues relating to legal, regulatory and compliance issues (including data protection, consumer credit and consumer rights matters).
- Manage the relationships with relevant third-party advisors in respect of legal, regulatory and compliance matters.
Profile
- A successful Legal Counsel should have:
- UK/IRE Qualified with a minimum of 3 years PQE.
- Previous experience working in financial services or preferably within motor finance.
- Good knowledge of consumer credit laws and regulations.
- Proven track record of understanding business processes and supporting change is essential.
- Ability to demonstrate management of senior stakeholders.
Job Offer
- A salary range of £60,000 - £70,000 per annum DOE.
- Flexible hybrid working arrangements.
- Opportunities for professional development.
- A supportive and professional working environment.
- Competitive holiday entitlement.
- Additional benefits.
Legal Counsel employer: Michael Page Legal
Contact Detail:
Michael Page Legal Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Counsel
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in legal roles. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges they face.
✨Tip Number 2
Familiarise yourself with the latest developments in UK consumer credit laws and regulations. This will not only enhance your knowledge but also demonstrate your commitment to staying updated in a rapidly changing legal landscape.
✨Tip Number 3
Prepare to discuss your experience in managing senior stakeholders during interviews. Think of specific examples where you successfully navigated complex legal issues while maintaining strong professional relationships.
✨Tip Number 4
Research the company’s values and recent news related to their legal and compliance practices. Tailoring your conversation to reflect an understanding of their operations can set you apart from other candidates.
We think you need these skills to ace Legal Counsel
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in financial services and regulatory matters. Emphasise your qualifications, particularly your PQE and any relevant roles that demonstrate your understanding of consumer credit laws.
Craft a Strong Cover Letter: In your cover letter, address how your background aligns with the responsibilities outlined in the job description. Mention specific examples of how you've provided legal advice or managed compliance issues in previous roles.
Showcase Stakeholder Management Skills: Since the role requires managing senior stakeholders, include examples in your application that demonstrate your ability to communicate effectively and manage relationships with internal and external parties.
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 Counsel position.
How to prepare for a job interview at Michael Page Legal
✨Know Your Legal Stuff
Make sure you brush up on UK financial services laws and regulations, especially those related to consumer credit. Being able to discuss specific legal frameworks and how they apply to the role will show your expertise.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully managed relationships with senior stakeholders in the past. This is crucial for a Legal Counsel role, so be ready to demonstrate your communication and negotiation skills.
✨Understand the Business
Familiarise yourself with the company's operations and how legal issues can impact their business processes. Showing that you understand the intersection of law and business will set you apart from other candidates.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific legal scenarios, such as contract negotiations or compliance issues. Think through potential challenges and your approach to resolving them, as this will highlight your problem-solving abilities.