Credit Lawyer (PBWM)

Barclays UK; Greater Manchester; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading company in the financial sector seeks a skilled Credit Lawyer for their Private Bank & Wealth Management Legal Team in Greater Manchester. The ideal candidate will offer legal support for credit transactions and advisory matters, while ensuring compliance with relevant laws and regulations. This role demands expertise in unregulated credit transactions, strong stakeholder management abilities, and the capacity to navigate a fast-paced environment.

Qualifications

• Experienced credit lawyer with knowledge of key credit regulations.
• Experience with LMA facility transactions and lending to retail borrowers.
• Ability to handle fast-paced environments and stakeholder communications.

Responsibilities

• Provide legal advice on investment, credit, and banking products/services.
• Develop and implement legal strategies to manage risk.
• Ensure compliance with laws and regulations.

Skills

Strong knowledge of unregulated credit transactions

Excellent stakeholder management

Strong commercial acumen

Ability to manage multiple priorities

Job description

Join us as a Credit Lawyer in the Private Bank & Wealth Management (PBWM) Legal Team, where you will play a key role in providing transactional and advisory legal support to the PBWM Credit business and supporting functions.

You will be the point of contact for all parts of the Credit team, Credit Risk, Credit Operations, and the PBWM business on all credit-related legal matters. Your responsibilities will include supporting and managing credit transactions across various credit products such as Mortgages, Lombard Lending, and LMA Facilities, along with advisory matters, projects, and regulatory changes.

Essential Criteria:

• Experienced credit lawyer
• Strong knowledge of unregulated credit transactions
• Experience with LMA facility transactions
• Working knowledge of key credit regulations (e.g., CONC/CCA, MCOB, MCD)
• Experience lending to retail borrowers/consumers
• Ability to manage multiple priorities in a fast-paced environment
• Excellent stakeholder management and communication skills
• Strong commercial acumen and a practical approach

Highly Valued Criteria:

• Private Bank or Wealth Management experience
• Experience with regulated credit (CCA, MCOB)
• Knowledge of multi-option investment facilities
• Experience dealing with foreign counterparties and law firms
• Experience with UK, Ireland, Jersey, Guernsey, Isle of Man jurisdictions

Purpose of the Role:

Ensure activities comply with laws, rules, and regulations, and support risk management related to legal and reputational risks.

Accountabilities:

• Develop and implement legal strategies to manage risk
• Provide legal advice on investment, credit, and banking products/services
• Support legal proceedings related to PBWM activities
• Create and review legal documents to ensure compliance
• Conduct legal research on regulatory changes
• Develop and deliver legal and regulatory training
• Proactively advise on relevant laws and regulations

Vice President Expectations:

• Contribute to strategy, drive requirements, and recommend changes
• If managing a team, define roles, plan resources, and develop talent
• Demonstrate leadership behaviors: Listen, Energize, Align, Develop
• For individual contributors, serve as a subject matter expert and guide technical direction
• Advise stakeholders and manage risks
• Lead collaborative assignments and mentor less experienced staff
• Build strong relationships with internal and external stakeholders

All colleagues are expected to embody Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship, along with the Barclays Mindset: Empower, Challenge, Drive.