Legal Counsel Banking

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

What will you be doing?

• Providing expert and timely advice in relation to law and regulation relating primarily to transactional banking and savings products, which include the Private Bank Account, Voyage Account, Currency Access, Business Current Accounts and Credit Card. As well as the Voyage Reserve Account, 3-month Voyage Reserve Account, Fixed Notice and Flexi Saver savings accounts.
• Providing expert legal support to the Bank with product development and launches in the banking and savings space and thereby helping the Bank achieve its ambitious growth targets.
• Understanding and balancing the commercial drivers and risk appetite of the business against laws and regulations.
• Providing legal advice at relevant governance fora.
• Providing ad hoc legal advice on legal matters arising.
• Assisting with the drafting and maintenance of standard house style documentation for the team and external counsel in conjunction with the Legal Team Lead.
• Actively liaising with your colleagues and other stakeholders throughout the Bank where applicable to your role on legal risk matters affecting the Bank's environment.
• Providing legal advice and support in relation to banking and savings fraud related queries.
• Driving efficiencies in performance and a business enablement service in the resolution of legal and regulatory issues.
• Actively liaising with the Legal Team Lead, the Bank's Compliance and Private Client Regulatory and Conduct Risk Teams to ensure that the Bank continues to meet its regulatory duties and responsibilities.
• Keeping abreast of developments and any changes in the nature and extent of the Bank's activities as applicable to your role from time to time.
• You will be expected to gain a good understanding of the business by working closely with your colleagues in IBP Legal, and stakeholders within the business in order to provide proactive legal support.

What are we looking for in you?

• UK qualified banking and finance lawyer, c 5+ years' PQE gained in a leading UK law firm. In house experience a plus.
• Experience of the UK payments regulatory landscape with specific focus on Payment Services Regulations 2017, Consumer Rights Act 2015, Consumer Credit Act 1974 (particularly in credit card and overdraft products), CONC, BCOBs and APP Fraud Rules.
• Regulatory Knowledge as applicable to role.
• General banking and payment services experience.
• Commercially minded - understand and take into account wider business considerations in order to see ‘the big picture'.
• Ability to give practical, clear and concise commercial advice.
• Ability to receive constructive criticism and feedback and use this to improve skills/practice/behaviours.
• A practical approach and the ability to make clear and concise decisions.
• Excellent working and practical commercial and technical knowledge of all legal documentation applicable to the business areas together with the applicable law and regulation relating to the provision of banking and financial services.
• Ability to work on your own or in a team.
• Team player.
• Attention to detail.
• Business enabler and ‘can do attitude'.

If this is the role for you, click apply today and the team will be in touch shortly!

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the ‘Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.

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