Interim Senior Legal Counsel - SBL Legal

Go Fractional; Greater London; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

25 days holiday

Birthday day off

Pension scheme

Life insurance

Private Medical Insurance

Perkbox membership

Volunteer time

Cycle to Work

Gym partnerships

Job summary

Go Fractional, a leading UK fintech, is seeking a Senior Legal Counsel for SBL Legal on a 12-month Fixed Term Contract in London. You will lead regulatory advice on retail banking products and payments, guiding cross-functional teams.

You will interpret regulatory changes (FCA/ PRA), manage external counsel, and provide pragmatic risk-based guidance to product and engineering squads, while ensuring excellent customer outcomes.

Qualifications

• Deep regulatory knowledge including Consumer Credit Act, FSMA, FCA Handbook, and Payment Services Regulations.
• Strong commercial judgement with risk-based advice.
• Ability to work independently in a fast-paced environment and report up as required.

Responsibilities

• Provide expert legal advice on retail banking products, consumer credit and payments propositions from concept to implementation.
• Interpret regulatory changes and translate into practical, commercially focused guidance.
• Horizon-scan upcoming regulatory developments and prepare the business accordingly.
• Identify and assess regulatory risk within the enterprise risk framework while balancing commercial objectives.
• Attend governance forums and provide legal input to key decisions.
• Support product and engineering squads with clear, pragmatic guidance.
• Collaborate with Compliance, Financial Crime and Risk, and engage with regulators where required.
• Manage external counsel and panel firms, including instructions and budget.

Skills

Regulatory knowledge

Contract law

Regulatory advisory

Commercial judgement

Drafting & analysis

Independent working

Interpersonal skills

Attention to detail

Education

UK-qualified lawyer

Job description

As Senior Legal Counsel - SBL Legal, you’ll primarily primarily manage and work on retail financial products and services. Please note that this is a 12 month Fixed Term Contract.

It’s a fantastic opportunity to join a friendly, dynamic team, work on a broad mix of initiatives, and make your mark at one of the UK's most exciting fintechs.

What you'll be doing

• Providing expert legal advice on retail banking products, consumer credit and payments propositions, and strategic initiatives. From concept through to implementation, for both retail consumers and SME businesses.
• Interpreting regulatory change and translating it into practical, commercially focused advice on the impact across the business.
• Horizon-scanning for upcoming regulatory developments and helping the business prepare early.
• Identifying and assessing areas of legal and regulatory risk in line with the enterprise risk management framework, balancing commercial objectives with the delivery of good customer outcomes.
• Attending governance fora and providing legal input into key decisions and approvals.
• Supporting product and engineering squads day-to-day, giving them clear, pragmatic guidance they can act on.
• Working alongside Compliance, Financial Crime and Risk (second and third lines), and engaging with regulators (FCA/PRA) where required.
• Managing external counsel and panel firms, including instructions and budget, where appropriate.

Requirements

• UK-qualified lawyer with a strong academic record, excellent legal training, and 5+ years PQE gained at a law firm and/or in-house.
• Deep technical regulatory legal knowledge and experience of advising on the Consumer Credit Act, Financial Services and Markets Act, FCA Handbook (CONC, BCOBs, COBs, Consumer Duty) and the Payment Services Regulations.
• Strong commercial judgement and ability to provide pragmatic, risk-based advice.
• Ability to work independently and proactively, reporting up as required, in a fast-paced environment;
• Excellent drafting communication and analytical skills;
• Strong attention to detail.
• Resilient, diligent, and conscientious.
• Excellent interpersonal skills, with the ability to communicate efficiently and effectively with colleagues at all levels of seniority and specialism across the business.

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr\&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships