Legal Counsel

Posted 13 Hours Ago
Be an Early Applicant
Northampton, Northamptonshire, England
Mid level
Fintech • Financial Services
The Role
The Legal Counsel will ensure compliance of consumer banking activities with laws and regulations, manage legal and regulatory risks, provide legal advice, develop training programs, and support business stakeholders, particularly in the digital banking space.
Summary Generated by Built In

Job Description

Purpose of the role

To ensure that the consumer banking activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities. 

Accountabilities

  • Development and implementation of best practice legal strategies for risk management and compliance.
  • Proactive consumer banking Legal advice and support to the consumer banking division of the bank on a wide range of legal issues, including regulatory compliance, regulatory change management, consumer protection, and risk management.
  • Creation and periodic review of Legal documents in accordance with contractual arrangements policy to ensure compliance with applicable laws and regulations.
  • Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's consumer banking operations.
  • Developing and delivering training programmes to educate employees on legal and regulatory requirements related to consumer banking.
  • Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

Assistant Vice President Expectations

  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
  • OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as a Legal Counsel within the BUK Legal team and supports the Barclays Customer & Digital Team.

This Team is at the forefront of driving innovation as Barclays responds to the changing competitive and regulatory landscape and evolving customer demands. The role will involve working on key Barclays initiatives, particularly in the digital space, together with providing both legal advice and strategic business support in helping the Bank deliver services to our customers across multiple touchpoints, from physical branch to digital journeys. The work is varied and you will regularly help solve novel issues and be exposed to areas of evolving regulation. In addition, the role will provide broader support to Barclays UK, as required and where opportunity allows, because we operate a fungible working model, which can enable personal growth opportunities.

As a Barclays Legal Counsel you will act as a trusted advisor to business stakeholders and ensure that the consumer banking activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and regulatory risks associated with these activities. 

To be successful in the role you will need the following:

  • Qualified lawyer – solicitor or barrister
  • Strong communication and influencing skills, good legal drafting skills and an ability to translate legal analysis into pragmatic, commercial and easy to understand advice
  • Strong stakeholder management skills providing check and challenge
  • Pro-active approach to identifying and implementing effective and efficient ways of working within Legal

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in Northampton.

The Company
HQ: London
83,500 Employees
On-site Workplace

What We Do

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 83,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

Similar Jobs

Chainlink Labs Logo Chainlink Labs

Legal Counsel

Blockchain • Internet of Things • Payments • Cryptocurrency • Web3
Remote
2 Locations
680 Employees

Capital One Logo Capital One

Legal Counsel - Commercial Contracts

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Nottingham, Nottinghamshire, England, GBR
55000 Employees

FundApps Logo FundApps

Legal Counsel

Financial Services
Hybrid
London, Greater London, England, GBR
124 Employees
Churchill, West Oxfordshire, Oxfordshire, England, GBR
83500 Employees

Similar Companies Hiring

Bectran, Inc Thumbnail
Software • Machine Learning • Information Technology • Fintech • Automation • Artificial Intelligence
Schaumburg, IL
51 Employees
Energy CX Thumbnail
Utilities • Professional Services • Greentech • Financial Services • Energy • Consulting • Business Intelligence
Chicago, IL
55 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account