At a Glance
- Tasks: Join a dynamic team as a Retail Banking Lawyer, specialising in consumer bank lending and saving products.
- Company: Work with a leading national financial services company based in Edinburgh.
- Benefits: Enjoy a hybrid work model, competitive salary of £75,000, and additional benefits.
- Other info: This is a 12-month fixed term contract with flexible office attendance required.
- Why this job: Be part of a strategic legal team that influences business decisions and customer experiences.
- Qualifications: Must be a qualified solicitor with retail banking legal experience and strong relationship management skills.
The predicted salary is between 60000 - 84000 £ per year.
Retail Banking Lawyer | Edinburgh | 12 month contract | Hybrid | £75,000 salary plus benefits
A leading national financial services company based in Edinburgh is looking to hire an additional Retail Banking Lawyer to join their team on a 12 month fixed term contract. The role is hybrid and can be based in Edinburgh or Glasgow with weekly attendance in the office required (2-3 days a week).
The Role
The Legal Team oversees all aspects of business and acts as strategic advisors to business colleagues. In the role of Legal Counsel, you will be specialising in consumer bank lending and saving products. You will identify and manage legal risk in delivering targeted, commercially-focused legal advice on all matters, including:
- Product terms and conditions and associated documentation.
- Customer journeys and communications.
- Responding to operational, complaint and process queries as they arise.
- Managing outsourced legal advice.
About You
- Qualified solicitor with valid practising certificate in a UK jurisdiction (practising certificates in relevant overseas jurisdictions may be considered).
- Retail banking legal experience either in-house or in private practice.
- Track record of delivering pragmatic, risk-based legal advice.
- Experience of strong relationship management (both internal and external stakeholders).
- Experience in consumer credit and CONC would be advantageous and desirable, including for example an understanding of the FCA’s Consumer Duty. Additionally, experience in non-lending consumer banking products would be welcome but not essential.
Apply Now
Take the next step in your career and apply for this Retail Banking Lawyer vacancy today. We look forward to welcoming you onto the team.
Retail Banking Lawyer in Glasgow employer: Thomson LRC
Join a leading national financial services company in Edinburgh, where you will thrive in a dynamic and supportive work culture that values collaboration and professional growth. With a competitive salary of £75,000 plus benefits, this hybrid role offers the flexibility to balance your work and personal life while providing opportunities to develop your legal expertise in retail banking. Experience a rewarding career with a team that prioritises innovation and excellence in delivering consumer banking solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Retail Banking Lawyer in Glasgow
✨Tip Number 1
Network with professionals in the retail banking and legal sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture, which can give you an edge during interviews.
✨Tip Number 2
Familiarise yourself with the latest regulations and trends in consumer banking, especially the FCA’s Consumer Duty. Being well-versed in these topics will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare for the interview by thinking of specific examples from your past experience that showcase your ability to deliver pragmatic, risk-based legal advice. Tailoring your responses to reflect the needs of the role will help you stand out.
✨Tip Number 4
Research the company’s recent projects and initiatives in retail banking. Showing that you understand their business and how you can contribute will make a positive impression during your discussions with the hiring team.
We think you need these skills to ace Retail Banking Lawyer in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in retail banking law. Emphasise your qualifications, particularly your practising certificate and any specific experience with consumer bank lending and saving products.
Craft a Compelling Cover Letter:Write a cover letter that showcases your understanding of the role and the company. Mention your track record in delivering pragmatic legal advice and your experience with internal and external stakeholders.
Highlight Relevant Skills:In your application, focus on skills that are crucial for the role, such as risk management, relationship management, and knowledge of consumer credit regulations like CONC and FCA’s Consumer Duty.
Proofread Your Application:Before submitting, carefully proofread your application to ensure there are no errors. A well-presented application reflects your attention to detail, which is vital in the legal field.
How to prepare for a job interview at Thomson LRC
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of retail banking law, especially consumer bank lending and saving products. Be prepared to discuss specific legal frameworks, such as the FCA’s Consumer Duty, and how they apply to the role.
✨Showcase Your Experience
Highlight your previous experience in retail banking law, whether in-house or in private practice. Be ready to provide examples of how you've delivered pragmatic, risk-based legal advice in past roles.
✨Demonstrate Relationship Management Skills
Since strong relationship management is key for this role, think of examples where you've successfully managed internal and external stakeholders. Be prepared to discuss how you handle conflicts and maintain positive working relationships.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to legal risk management and their expectations for the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
