Job Description

The Legal Counsel role sits within the wider Digital, Technology & Operations Legal team, which advises on Digital, Technology, Operations, Infrastructure, Payments, Data Privacy and Intellectual Property within a Tier 1 bank

In this high-profile role, you’ll be drafting, negotiating and advising on outsourcing (including material outsourcing) agreements as well as assisting on other technology and digital contracts, including cloud agreements, software licenses, services agreements and intra-group arrangements (this includes advising on the regulatory regimes that apply to such transactions).

If you’ve performed a similar role previously, this could be a great opportunity to develop your career.

The difference you’ll make:

• Providing strategic advice to the relevant business teams to support with structuring and implementing innovation and technology projects (including the development of customer facing apps, AI and payment functionality)
• Working closely with senior stakeholders in the Bank to deliver expert, accurate, concise, commercial and cost-effective legal advice that is readily understandable to non-lawyers
• Demonstrating creativity and innovation in reaching practical solutions on complex subject matters and be comfortable challenging when appropriate to ensure compliance with all relevant legal and regulatory requirements
• Sharing technical skills, experience and best practice with colleagues and the wider business and support other departments through training and the development of legal templates and checklists
• Keeping abreast of external developments in the law and financial services industry to enable the bank to react appropriately and in line with best practice, continuously seeking to improve processes, practices and policies
• Answering legal queries from internal customers as well as managing external suppliers/ stakeholders to successfully deliver advice, projects and other outcomes on a timely basis

What you’ll bring:

These are the essential requirements you need to be successful in this role:

• 5+ years PQE
• Experience providing legal advice that is readily understandable to non-lawyers
• Excellent knowledge and experience of outsourcing, digital, technology and commercial contract law
• IDEALLY knowledge of the regulatory regime impacting outsourcing in financial services, for example the Prudential Regulation Authority’s (PRA) Supervisory Statement on Outsourcing and Third Party Risk Management (SS2/21)
• Ability to manage and influence stakeholders

It would also be nice for you to have:

• Experience dealing with a large volume of matters and competing demands
• Excellent project management skills, with an ability to manage multiple, conflicting interests and deadline

If this role is of interest and you'd like more info, please apply or drop me a message for more info.