Legal Counsel (Banking) - UK Bank
Legal Counsel (Banking) - UK Bank

Legal Counsel (Banking) - UK Bank

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Advise on legal and regulatory issues for innovative banking products.
  • Company: Join Revolut, a fast-growing fintech revolutionising banking.
  • Benefits: Flexible work options, competitive pay, and a free Revolut Metal subscription.
  • Why this job: Shape the future of finance while working with a dynamic team.
  • Qualifications: 5+ years PQE with expertise in financial regulations.
  • Other info: Diverse and inclusive workplace focused on innovation and excellence.

The predicted salary is between 36000 - 60000 £ per year.

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 65+ million customers get more from their money every day.

As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we\’ve been certified as a Great Place to Work. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we\’re looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

The Legal team turns complexity into clarity by partnering with teams across Revolut to provide sharp, practical advice that helps the business move fast while staying protected. From structuring credit programmes to navigating new markets, the Legal team ensures growth is secure, compliant, and built for the long term.

We’re looking for a Legal Counsel who’ll act as an independent advisor to the (to be licensed) UK Bank team. You\’ll have dual reporting lines into the senior leadership of the UK Bank, and Group Legal teams.

You will be an independent advisor from Group Legal to the UK Bank, but you will also have the support of Group Legal’s Commercial, Corporate, Disputes (etc.) functions. Your primary functions are to act as a source of independent advice to the UK Bank, and to bring retail banking and prudential expertise not already provided by Group Legal for our payments and e-money operations.

We are launching exciting new products, looking after our customers and closely managing our risks. Why not come and join the journey and help us shape the future of banking.

Up to shape what\’s next in finance? Let\’s get in touch.

What you\’ll be doing

  • Advising the UK Bank on legal and regulatory issues surrounding structuring, marketing, and promotion of banking and group products
  • Advising the UK Bank on legal and regulatory issues related to bank-specific operations
  • Structuring and expanding Revolut’s banking products
  • Managing applications and communications with the PRA and FCA
  • Managing regulatory filings and registration processes
  • Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
  • Liaising with external counsel and coordinating advice for senior management and non-legal audiences
  • Leading legal projects while handling complex matters under short timelines

What you\’ll need

  • 5+ years of PQE
  • Excellent academic and law firm credentials
  • Sound judgement, composure under pressure, and a collaborative mindset
  • Confidence making decisions where there is ambiguity or incomplete information
  • Expertise in financial regulations including CRD, CASS, FSMA, PSD II, and FCA/PRA Handbooks
  • Exceptional stakeholder management and communication skills

Nice to have

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We\’re not just doing this because it\’s the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won\’t ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut\’s Candidate Privacy Notice

Benefits at Revolut

No ping pong tables or bean bag chairs, just benefits you actually want

Get what you need to succeed

  • Financial benefits that show we value your work
  • Flexibility to work from home, the office or abroad
  • A free Revolut Metal subscription loaded with perks
  • Exciting events year-round so you can get to know your team

Revoluters always push through! We stopped listening to excuses a long time ago – we care about results. We believe that grit, determination, skill, smartness, and courage can break through almost any wall.

Deliver WOW

We love building great products, we love delighting our customers, we love turning the complexity of a chaotic world into the simplicity of a beautiful solution that truly solves customer needs.

Dream Team

We select, coach, and retain the top talent only and give them all the support to achieve greatness

Never Settle

Revolut is for those who always strive for excellence, for those who want to become the best in the world at what they do, for those who would never settle for less. Revolut is for 10x people.

Think Deeper

Logic, reason, and common sense prevail over everything else in decision making at Revolut. We are open-minded, we listen, and we are always in search of the truth.

#J-18808-Ljbffr

Legal Counsel (Banking) - UK Bank employer: Revolut Ltd

Revolut is an exceptional employer that prioritises its people and culture, offering a dynamic work environment where innovation thrives. With a commitment to employee growth, flexible working arrangements, and a focus on diversity and inclusion, Revolut empowers its team members to excel in their roles while contributing to the future of banking. Join us in shaping a financial super app that truly meets the needs of our customers and enjoy a range of benefits designed to support your success.
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Contact Detail:

Revolut Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Legal Counsel (Banking) - UK Bank

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Revolut on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by understanding Revolut's mission and values. Show us how your skills align with our goals, especially in legal and regulatory matters. We love candidates who are passionate about what we do!

✨Tip Number 3

Practice your answers to common interview questions, but keep it natural. We want to see your personality shine through, so don’t be afraid to let your enthusiasm for the role show!

✨Tip Number 4

Finally, apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our team!

We think you need these skills to ace Legal Counsel (Banking) - UK Bank

Legal Expertise
Regulatory Compliance
Stakeholder Management
Financial Regulations Knowledge
Analytical Skills
Communication Skills
Project Management
Problem-Solving Skills
Judgement and Decision-Making
Collaboration
Risk Management
Ability to Work Under Pressure
Adaptability
Attention to Detail

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Legal Counsel role. Highlight your experience in banking law and regulatory issues, as this will show us you understand what we're looking for.

Showcase Your Expertise: Don’t hold back on showcasing your knowledge of financial regulations like CRD and FSMA. We want to see how your expertise can help us navigate the complexities of the banking world.

Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, especially when it comes to legal matters. Make it easy for us to see your strengths!

Apply Through Our Website: Remember to apply through our official Revolut website. This ensures your application reaches us directly and helps you avoid any job scams. We can't wait to hear from you!

How to prepare for a job interview at Revolut Ltd

✨Know Your Legal Stuff

Make sure you brush up on financial regulations like CRD, CASS, and FSMA. Be ready to discuss how these apply to the role and how you can navigate complex legal issues in a fast-paced environment.

✨Showcase Your Stakeholder Skills

Prepare examples of how you've effectively managed stakeholders in previous roles. Highlight your communication skills and how you’ve collaborated with non-legal teams to achieve common goals.

✨Be Ready for Ambiguity

Expect questions about decision-making in uncertain situations. Think of instances where you had to make tough calls with incomplete information and be prepared to explain your thought process.

✨Demonstrate Your Passion for Innovation

Revolut is all about redefining success and building great products. Share your ideas on how legal counsel can support innovative banking solutions and contribute to the company's mission.

Legal Counsel (Banking) - UK Bank
Revolut Ltd

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