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Senior legal regulatory counsel (banking)

London
Revolut
Compliance director
Posted: 21 August
Offer description

This job is brought to you by Jobs/Redefined, the UKs leading over-50s age inclusive jobs board.

About Revolut

People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 28+ million customers get more from their money. And were not done yet.

As we continue our lightning-fast growth, we believe that two things are essential to continuing our success: our people and our culture. So far, we have 6000+ people working around the world, from our great offices or remotely, on our mission. And were looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

The Legal team sits at the heart of Revolut and its a very important part of the business

This lovely bunch supports all other Revolut teams, helping us achieve our goals each and every day. Theyre special, theyre strong-willed and they work on a lot of different areas (which is not that common for an in-house role, we know, but theyre just that good). From structuring credit programmes to launching into new territories, the Legal team does it all!

Are you a problem solver? This ones for you!

Were looking for a Legal Counsel wholl act as an independent advisor to the (to be licensed) UK Bank team. You will 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 Legals 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.

Excited to join? We cant wait to have you on board

What youll 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 surrounding its operations generally (to the extent these are bank specific and not able to be supported by existing group legal functions)
* Helping structure and expand Revoluts products and managing applications and/or communications with the PRA and FCA in relation to these products
* Managing operational risk, including regulatory filings and registration preparation
* Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
* Liaising with specialist external counsel, and distilling and coordinating advice for senior management and non-legal audiences
* Excelling at leadership while also undertaking executional work to handle significant and complex legal matters with short turnaround times

What youll need

* 6+ years of PQE experience
* 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 and advising clients in the following areas: Capital Requirements Directives, CASS, FSMA, PSD II, and the provisions of the FCA and PRA Handbooks
* Exceptional stakeholder management and communication skills

Nice to have

* Consumer credit experience

Building a global financial super app isnt enough. Our Revoluters are a priority, and thats why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. Were not just doing this because its the right thing to do. Were 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. Thats why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Refer to our Data Privacy Statement for Candidates for details on our data handling practices during your application.


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