Regulatory Counsel - Consumer Credit

Michael Page (UK); Bristol; Hybrid; GBP 70,000 - 80,000; Full time

Job summary

A leading global financial service business in the automotive sector seeks a Legal Counsel. This role involves providing specialist advice on consumer credit law and ensuring compliance across various business areas. The ideal candidate will have at least 2 years PQE and excellent knowledge of FCA regulations, along with strong communication and organizational skills.

Benefits

Annual bonus scheme

Comprehensive benefits package

Opportunities for professional growth

Supportive company culture

Qualifications

• Minimum 2 years PQE.
• Excellent knowledge of consumer credit law and FCA regulation.
• Ability to work autonomously and under pressure.

Responsibilities

• Provide advice on consumer credit and regulatory queries.
• Draft instructions to external lawyers when needed.
• Ensure compliance with consumer credit law and FCA regulations.

Skills

Communication

Time Management

Stakeholder Management

Education

UK/IRE Qualified

Job description

• Join a leading global financial service business in the automotive sector
• Join a strong brand

About Our Client

Our client is a reputable financial services business within the automotive sector. They operate in a professional and collaborative environment, focusing on delivering excellent services to their clients and stakeholders.

Job Description

• Provide advice in response to consumer credit/regulatory queries from the business as they arise.
• Proactively identify potential consumer credit and compliance risks and issues and advise the business on how to deal with them.
• Where necessary, draft instructions to external lawyers to advise on consumer credit and regulatory matters.
• Provide specialist advice and support to the business in respect of the regulated product lifecycle including product development, distribution/sales channel, customer documentation and customer journey.
• In collaboration with the relevant business areas, ensure all regulated agreements and associated documentation, processes, communications and financial promotions are compliant with consumer credit law and FCA regulation.
• Provide specialist advice and support to the business in respect of relationships with intermediaries (brokers, dealers and partners)
• Provide input on regulatory aspects of commercial agreements at the request of the Legal Team.
• Support and advise the Complaints team and Legal team in respect of customer complaints and claims where required.
• Ensure any changes in legislation or FCA rules relating to consumer credit and hire agreements are fed into the Legal and Regulator Watch process and support the relevant business areas to implement the changes.

The Successful Applicant

A successful Legal Counsel should have:

• UK/IRE Qualified with a minimum of 2 years PQE
• Excellent knowledge and experience of consumer credit law and relevant FCA regulation (CONC etc)
• Good communication skills i.e. face to face, telephone, e-mail, report writing
• Able to work autonomously
• Good time management & organisation
• Effective when working under pressure
• High levels of professionalism and stakeholder management

What's on Offer

• A salary range of £70,000 to £80,000 DOE
• Annual bonus scheme
• Hybrid working
• Comprehensive benefits package
• Permanent role with opportunities for professional growth.
• Supportive company culture with a focus on excellence.