Senior Legal Counsel – Product Lead

512 300 Kind Consultancy
  • Permanent
  • London
  • £120,000
  • Salary: £120,000

Website KindConsultancy Kind Consultancy

Major Global Bank - New Fintech Division

Kind Consultancy is working with a major global bank which is currently seeking a Senior Legal Counsel to join their Fintech division in a full-time, permanent position with a hybrid working model requiring 2 to 3 days per week in their London office. Reporting to the function’s General Counsel, the Senior Legal Counsel will help lead on product, regulatory and commercial legal matters as the department develops new digital products, with other key responsibilities including:

  • Leading the legal support to the business on the review of new “digital” product features and functionality
  • Providing advice and guidance on all aspects of legal risk especially relating to building, launching, marketing and operating wallet and payment apps, including regulatory/licensing issues.
  • Helping source and present advice from others (e.g. external counsel) where outside direct experience is essential.
  • Drafting customer-facing terms and conditions and advising on the development of customer service and other policies and procedures.
  • Helping to manage the negotiation of third-party tech, marketing and other third-party vendor and partner contracts, leveraging support from the wider Legal function as appropriate
  • Liaising with Data Privacy and Protection, Risk and Compliance and other colleagues to help ensure that the new business meets all applicable legal and regulatory requirements in a global context.
  • Helping to define risk policy and minimum control standards for Legal risk, with regular engagement with the business and wider Risk and Legal functions, to ensure the control environment pertaining to legal risk is suitably robust and fit for purpose within risk appetite.
  • Driving and monitoring compliance with Legal requirements including in respect of the assignment of responsibilities, awareness-raising and staff training, and related audits.
  • Building, owning and maintaining strong relationships internally within the business, in particular with commercial, marketing, technology and regulatory personnel.
  • Building, owning and maintaining external relationships with third parties, including external legal advisors, regulators and industry forums where appropriate.
  • Supporting the General Counsel with matters pertaining to wider legal risk where appropriate.

For the Senior Legal Counsel opportunity, we’re looking for candidates who:

  • Have legal knowledge in areas as they impact global retail banking including multi-currency operations, payment and cross-border transactions, as well as digital banking models and digital wallets.
  • Have knowledge of adjacent laws such as marketing, commercial contract negotiation, etc. a bonus – this is a broad role and we would like to consider candidates from different backgrounds and experience.
  • Have 3+ years of post-qualification experience
  • Having previous experience of Fintech would be highly desirable
  • Are ambitious, and enthusiastic about playing a key role in shaping an exciting new offering from an established global brand
  • Are able to proactively identify and address legal risks, requirements and issues associated with the business, also drawing on experience within the Legal Function
  • Have excellent legal research skills, a “can-do” attitude and a hands-on approach. This will be very client facing and you will be expected to own and drive delivery of legal advice and be an active partner in helping the business achieve good business outcomes.
  • Are able to develop and present balanced recommendations to facilitate decision-making to support the business• Organised and happy to adopt legal technology to support your work where appropriate.

If you’re interested in the Senior Legal Counsel role and you have the skills, knowledge and experience we’re looking for, please apply with an updated CV today.

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