Retail Consumer Banking Lawyer - Senior Counsel - Assistant Vice President

JPMorgan Chase & Co.; City of Westminster; On-site; GBP 85,000 - 110,000; Full time

Job summary

A global banking institution seeks an Assistant Vice President – Senior Counsel to join their International Consumer Legal Team. This role focuses on providing legal support for UK retail consumer banking products, including advice on regulations and consumer conduct rules. The ideal candidate should be a Solicitor of England & Wales with strong analytical and communication skills. Responsibilities include collaborating with stakeholders, drafting documentation, and interpreting related laws. Competitive compensation and a supportive work environment are offered.

Qualifications

• Experience with UK retail consumer banking products such as current accounts and savings.
• Strong knowledge of the Payment Services Regulations 2017 and the FCA Consumer Duty.
• Experience with complaints, FOS investigations, and litigation matters.

Responsibilities

• Provide legal advice on UK retail consumer banking products.
• Assist in interpreting existing laws and advising on requirements.
• Draft customer-facing documents and terms & conditions.

Skills

Legal advice on consumer banking

Analytical skills

Communication skills

Collaboration with stakeholders

Education

Solicitor of England & Wales

Job description

We are seeking an Assistant Vice President – Senior Counsel to join our International Consumer Legal Team, with a focus on UK retail consumer banking products. This role involves providing legal support for Chase, specifically in the area of retail consumer banking. The ideal candidate should have experience with UK payment‑related regulations and a strong understanding of retail consumer conduct rules, including the FCA Consumer Duty and DISP Handbook rules. Strong analytical and communication skills are essential, as your contributions will play a vital role in supporting our company, clients, and business partners.

As a Retail Consumer Banking Lawyer – Senior Counsel – Assistant Vice President within the International Consumer Legal Team, you will assist in providing legal advice on UK retail consumer banking products and services, and support various business initiatives. Your responsibilities will include interpreting existing laws, rules, and regulations, advising on regulatory changes, and offering guidance related to retail consumer banking laws. Additionally, you will collaborate with senior business stakeholders and functional partners, while assisting in managing relationships with external counsel.

Responsibilities

• Assisting with new product developments and providing legal advice with respect to retail consumer banking products
• Providing legal advice on day‑to‑day matters relating to payment accounts, savings accounts and customer complaints
• Drafting customer‑facing documentation, including general terms & conditions and marketing materials
• Contributing to the oversight of the contents and execution of documents, including communications with respect to complaints, disputes and litigation
• Liaising with outside counsel
• Interpreting existing laws, rules and regulations, and advising on changes thereto as well as on contemplated and proposed laws, rules and regulations

Qualifications

• Solicitor of England & Wales, with experience covering UK retail consumer banking products such as current accounts and savings accounts
• Strong knowledge of the Payment Services Regulations 2017, the FCA Consumer Duty and the FCA handbook including BCOBS, DISP, SYSC and PRIN
• Experience providing legal advice with respect to UK retail consumer matters, including complaints, FOS investigations, litigation matters, POAs and bereavement cases
• Experience with regulatory change management programmes
• Excellent organisational skills and a team player who can collaborate with the Business and functional stakeholders
• Ability to interact effectively and professionally at all levels
• Familiarity with other retail consumer laws and regulations, including GDPR and Anti‑Money Laundering Regulations