Overview
A legal professional is sought to provide expert advice on consumer finance and retail banking matters. This role involves delivering practical, commercially focused legal guidance on consumer financial products, consumer credit, and retail banking regulation. The position requires collaboration with retail banks, credit card issuers, mortgage lenders, and other financial institutions.
Responsibilities
- Provide legal advice and support on consumer banking and consumer finance matters, including loans, credit cards, mortgages, and buy now, pay later (BNPL) arrangements.
- Advise on regulatory compliance and consumer protection frameworks such as the Consumer Credit Act 1974 (CCA), FCA Handbook, and Consumer Duty.
- Draft, review, and negotiate consumer finance agreements, credit agreements, loan documentation, and customer terms and conditions.
- Support the development and launch of consumer financial and retail banking products, ensuring compliance with UK financial services regulation.
- Conduct legal analysis and regulatory reviews to identify and mitigate risks related to consumer lending, credit products, and retail banking activities.
Minimum Qualifications
- Qualified lawyer eligible to practice in the UK with the right to work in the UK.
- Demonstrated experience advising on consumer banking, consumer credit, or retail financial services regulation.
- Strong experience advising retail banks, credit card issuers, mortgage lenders, or consumer finance providers.
- Experience drafting and advising on consumer finance documentation, including loan agreements, credit agreements, and consumer terms and conditions.
- Strong commercial awareness, excellent stakeholder management skills, and the ability to deliver pragmatic, business-focused legal advice in a regulated environment.
Compensation & Benefits
- Highly competitive compensation and benefits package within the alternative legal services marketplace.
- Health benefits, pension, and additional perks.
- Access to professional development resources and learning programs.
- Flexible work arrangements including remote, onsite, or hybrid options depending on client requirements.
Location
Flexible work location options available, including remote, onsite, or hybrid, based on client needs.
This opportunity is open to qualified legal professionals with the appropriate UK work authorization. The recruitment process may include background checks and verification of legal authorization to work. Reasonable accommodations are available upon request for individuals with disabilities during the recruitment process.