Senior Legal Counsel (Regulatory) - FinCrime

Revolut; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial technology company is seeking a Legal Counsel to provide expert advice on compliance and legal matters surrounding financial products. The ideal candidate will possess over 5 years of experience and strong knowledge of financial crime regulations. This role includes advising on AML, KYC, and navigating complex regulatory frameworks to support innovative product designs. Join our diverse and inclusive team dedicated to redefining the financial landscape.

Qualifications

• Experience advising financial institutions on financial crime matters.
• Strong understanding of financial regulations.
• Highly organized and structured thinker.

Responsibilities

• Providing legal advice on AML/CTF and KYC/CDD issues.
• Managing regulatory expectations for new products.
• Collaborating with regulators across multiple countries.

Skills

Knowledge of AML/CTF

Experience with KYC/CDD

Strong drafting skills

Excellent stakeholder management

Fluency in English

Education

5+ years of PQE

Job description

Overview

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About Revolut

People deserve more from their money. More visibility, more control, more freedom. Since 2015, Revolut has been on a mission to deliver just that. With an arsenal of products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 28+ million customers get more from their money. And we’re not done yet.

As we continue our lightning-fast growth, we believe that two things are essential to continuing our success: our people and our culture. We have 6000+ people around the world, from our great offices or remotely, on our mission. We’re looking for brilliant people who love building great products, redefining success, and turning the complexity of a chaotic world into a simple, beautiful solution.

About the role

The Legal team sits at the heart of Revolut and is a very important part of the business. This team supports all other Revolut teams, helping us achieve our goals every day. They are strong, capable, and work across many areas, which is rare for an in-house role but they’re that good.

From structuring credit programmes to launching into new territories, the Legal team does it all. Are you a problem solver? This could be for you.

We’re looking for a Legal Counsel who’ll advise Revolut on compliance and legal issues around our financial products. You should be an expert in consumer credits and financial regulations, who excels as a leader but is also comfortable taking a hands-on role when needed.

Excited to join? We can’t wait to have you on board.

Responsibilities

• Providing legal advice and support to the business and financial crime teams on issues related to AML/CTF, KYC/CDD, fraud and sanctions.
• Advising on new products and managing regulatory expectations, requirements, and applications.
• Navigating complex regulatory frameworks to design innovative financial products and services as they pertain to financial crime.
• Assisting other functions to draft, plan, and/or implement compliance policies and procedures.
• Proactively engaging and working alongside local regulators across multiple countries.
• Advising on evolving legal and regulatory environment and delivering training, if required.
• Advising on legal requirements for law enforcement requests and court orders.
• Working closely with senior management and regional teams and managing relevant stakeholders.
• Responding to consultations on changes to legislation and collaborating with trade associations.

Qualifications

• 5+ years of PQE.
• Significant experience advising financial institutions on contentious and non-contentious financial crime matters, preferably in-house or secondment to a financial institution.
• Experience in and strong understanding of financial regulations, specifically financial crime regulations.
• Highly organised and structured.
• Excellent drafting skills.
• Excellent stakeholder management skills.
• Fluency in English with excellent written communication skills.

Nice to have

• Experience advising clients on financial crime regulations in other jurisdictions where we operate.

Building a global financial super app isn’t enough. Our Revoluters are a priority, and in 2021 we launched our inaugural D&I Framework to help us thrive and grow every day. We’re not just doing this because it’s the right thing to do—we’re doing it because we know that seeking out diverse talent and creating an inclusive workplace helps us deliver exceptional, innovative products and services for our customers. We encourage applications from people with diverse backgrounds and experiences to join this multicultural, hardworking team.

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