Legal Counsel - Legal (Openbank) in Milton Keynes
Legal Counsel - Legal (Openbank)

Legal Counsel - Legal (Openbank) in Milton Keynes

Milton Keynes Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Santander UK

At a Glance

  • Tasks: Provide legal advice and support for innovative banking products and services.
  • Company: Join Openbank, a 100% digital bank with a vibrant culture.
  • Benefits: Competitive salary, attractive benefits, and opportunities for growth.
  • Other info: Inclusive workplace with social clubs and international project opportunities.
  • Why this job: Be part of a dynamic team driving technological transformation in banking.
  • Qualifications: Qualified lawyer with experience in banking law and strong collaboration skills.

The predicted salary is between 60000 - 80000 £ per year.

This job is with Santander UK, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.

We are the 100% digital bank of the Santander Group and we are currently undergoing a technological transformation and international expansion. In 2017 the re-launch of the Bank began and since then we have been in continuous expansion and growth, especially in our technological side. We work in a start-up format, using agile methodologies to take our clients' experience to the next level. Our culture makes us different; social and diversity clubs are part of our essence and allow us to live our culture every day.

Mission and responsibilities:

As a Legal Counsel, you will be part of the Legal Team and you will work with the different stakeholders (Product, Fraud, Risk, IT, Compliance, etc.) of the Bank and will help us in all legal matters related to the activity of Openbank in Spain and abroad, particularly:

  • Legal and regulatory advice to business related to the ordinary activity of the Bank, supporting different departments (different products and services related to retail banking in a digital environment, such as consumer loans, insurance products, wealth, payment services, etc.).
  • Participate in the design, obtain the necessary internal and external approvals and monitor the commercial launch of new products and services.
  • Review and drafting of legal documentation such as contracts, confidentiality agreements, communications to clients, etc.
  • Advice on the implementation of new regulations, at both European and national level.
  • Advice on administrative files and carrying out procedures before public registries.
  • Participate in digitalization and innovation projects.

To be successful in the role you must have:

  • Degree in Spanish Law. Fully qualified lawyer in Spain.
  • LLM in Banking Law (is a plus).
  • Great judgment, proactive, innovative and customer obsessed.
  • Be a team player and consensus builder, with great people skills who can efficiently collaborate with different areas of the organization.
  • +6 years of experience in banking legal environment, with relevant experience from a law firm or in-house in a financial institution.
  • Proven experience in banking and/or investment products, in particular in regulation related to contracting banking/investment products remotely and consumer protection laws.
  • MS advanced level is required.
  • Fluent in English (C1).

What do we offer?

  • Immediate incorporation to a dynamic and agile company with a growth and expansion project.
  • Working in start-up mode with the support of Grupo Santander.
  • Competitive remuneration and attractive benefits package.
  • Possibility of growth within the company and the Group.
  • Collaboration in international projects and possibility of contact with different countries.
  • Excellent work environment, social clubs and frequent events.

Would you like to grow with us? Join our team!

Openbank is an equal opportunity employer. All applicants will be considered as equal without paying attention to gender identity, sexual orientation, ethnicity, religion, age, political orientation, union membership nor disability status.

We make recruiting decisions based on your experience and skills. We value your passion to discover, invent, simplify and build.

If you’re not currently living in Madrid, we would still love to consider your application.

Legal Counsel - Legal (Openbank) in Milton Keynes employer: Santander UK

Santander UK offers an exceptional work environment for Legal Counsel at Openbank, where inclusivity and diversity are at the heart of our culture. Employees benefit from competitive remuneration, a dynamic start-up atmosphere supported by Grupo Santander, and ample opportunities for professional growth through international projects and collaboration with various departments. Join us in Madrid to be part of a forward-thinking team that values innovation and employee well-being.
Santander UK

Contact Detail:

Santander UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Legal Counsel - Legal (Openbank) in Milton Keynes

✨Tip Number 1

Network like a pro! Reach out to people in the legal and banking sectors, especially those connected to Openbank. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by understanding Openbank's culture and values. They love innovation and teamwork, so think of examples from your experience that showcase these traits.

✨Tip Number 3

Show off your knowledge of current regulations and trends in banking law. Being up-to-date will impress the hiring team and show you're ready to hit the ground running.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our dynamic team.

We think you need these skills to ace Legal Counsel - Legal (Openbank) in Milton Keynes

Legal and Regulatory Advice
Contract Drafting
Consumer Protection Laws
Banking Law
Team Collaboration
Stakeholder Engagement
Proactive Problem Solving
Innovation in Legal Processes
Experience in Banking Legal Environment
Fluency in English (C1)
MS Office Advanced Level
Understanding of Digital Banking Products
Knowledge of European and National Regulations
Judgment and Decision-Making Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Legal Counsel role. Highlight your experience in banking law and any relevant projects you've worked on. We want to see how your skills align with our mission at Openbank!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about joining Openbank and how you can contribute to our innovative culture. Keep it concise but impactful!

Showcase Your Team Spirit: We love team players! In your application, mention experiences where you've collaborated with different departments or stakeholders. This will show us that you can thrive in our agile environment.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can't wait to see what you bring to the table!

How to prepare for a job interview at Santander UK

✨Know Your Legal Stuff

Brush up on your knowledge of banking law and consumer protection regulations. Be ready to discuss how these laws apply to Openbank's products and services, as well as any recent changes in legislation that could impact the bank.

✨Show Your Team Spirit

Since collaboration is key in this role, prepare examples of how you've successfully worked with different departments in the past. Highlight your ability to build consensus and communicate effectively with stakeholders from various backgrounds.

✨Be Proactive and Innovative

Think about ways you can contribute to Openbank's technological transformation. Come prepared with ideas on how legal processes can be streamlined or improved, especially in a digital banking context.

✨Cultural Fit Matters

Familiarise yourself with Openbank's culture and values, particularly their focus on diversity and inclusion. Be ready to share how your personal values align with theirs and how you can contribute to their vibrant work environment.

Legal Counsel - Legal (Openbank) in Milton Keynes
Santander UK
Location: Milton Keynes

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