Retail Banking Lawyer

Thomson LRC; City of Edinburgh; On-site; GBP 63,000 - 75,000; Full time

Job summary

A leading national financial services company is seeking a Retail Banking Lawyer for a 12-month contract. The role involves providing legal advice on consumer banking products in a hybrid work setting based in Edinburgh or Glasgow. Candidates must be qualified solicitors with retail banking experience, and a strong understanding of legal risk management is essential. Join the team to help shape the future of banking law in Scotland.

Qualifications

• Qualified solicitor with valid practising certificate in a UK jurisdiction.
• Retail banking legal experience in-house or in private practice.
• Track record of delivering pragmatic, risk-based legal advice.

Responsibilities

• Identify and manage legal risk in consumer banking products.
• Provide advice on product terms and documentation.
• Manage outsourced legal advice.

Skills

Pragmatic legal advice

Relationship management

Understanding of FCA's Consumer Duty

Consumer banking knowledge

Education

Qualified solicitor with valid practising certificate

Job description

Retail Banking Lawyer | Edinburgh | 12 month contract | Hybrid | £75,000 salary plus benefits

A leading national financial services company based in Edinburgh is looking to hire an additional Retail Banking Lawyer to join their team on a 12 month fixed term contract. The role is hybrid and can be based in Edinburgh or Glasgow with weekly attendance in the office required (2-3 days a week).

The Role

The Legal Team oversees all aspects of business and acts as strategic advisors to business colleagues. In the role of Legal Counsel, you will be specialising in consumer bank lending and saving products. You will identify and manage legal risk in delivering targeted, commercially-focused legal advice on all matters, including:

• Product terms and conditions and associated documentation.
• Customer journeys and communications.
• Responding to operational, complaint and process queries as they arise.
• Managing outsourced legal advice.

About You

• Qualified solicitor with valid practising certificate in a UK jurisdiction (practising certificates in relevant overseas jurisdictions may be considered).
• Retail banking legal experience either in-house or in private practice.
• Track record of delivering pragmatic, risk-based legal advice.
• Experience of strong relationship management (both internal and external stakeholders).
• Experience in consumer credit and CONC would be advantageous and desirable, including for example an understanding of the FCA’s Consumer Duty. Additionally, experience in non-lending consumer banking products would be welcome but not essential.

Apply Now

Take the next step in your career and apply for this Retail Banking Lawyer vacancy today. We look forward to welcoming you onto the team.