Support Assistant role providing administrative and solicitor support in a busy legal environment. Requires technical proficiency, organisation, communication skills, and attention to detail.
About the role
- Lawyer supporting the Commercial Cards business within the Banking Products Legal team. Providing legal advice on product development and regulatory frameworks.
Responsibilities
- Provide legal support for product development and innovation, legal and regulatory change projects, rectifications and remediations, industry change initiatives, customer on-boarding and customer journeys (including via digital channels)
- Advise on the applicable legal and regulatory framework, including the Consumer Credit Act (where relevant), Payment Services Regulations, the Consumer Duty and related regulatory requirements
- Advise on terms and conditions for products, including amendments to existing terms and drafting new terms
- Support business partners in negotiating bespoke customer arrangements
- Advise business partners on third party arrangements relating to the provision of products, including working with other Legal & Secretariat teams as appropriate
- Proactively identify, report and support the management of legal and governance risks, recommending solutions when needed
- Manage panel law firms and build and maintain positive relationships with external lawyers
- Collaborate with team members and work cross-functionally to help deliver business strategy
- Support legal, regulatory and change projects across BCB & CIB Legal and the wider Legal & Secretariat Community (e.g. CCA Reform)
- Reflect on legal service delivery and look for continuous improvement opportunities; and
- Stay on top of regulatory, industry and legal change.
Requirements
- Qualified as a solicitor in the UK (or equivalent qualification) with at least 4 years PQE
- A good understanding of the legal and regulatory framework applicable to commercial cards and payments, ideally with experience of payment services and consumer credit regulation
- An ability to build strong, collaborative relationships
- Confidence in using experience and insights to influence, inform and challenge
- Any in-house legal experience within a financial institution, including instructing external lawyers, would be really useful.
Benefits
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
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