Job Description

About Revolut People deserve more from their money. More visibility, more control, more freedom. And since 2015, Revolut has been on a mission to deliver just that. With an arsenal of awesome products that span spending, saving, travel, transfers, investing, exchanging and more, our super app has helped 30 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. So far, we have 6000 people working around the world, from our great offices or remotely, on our mission. And we\'re looking for more. We want brilliant people that love building great products, love redefining success, and love turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role The Legal team sits at the heart of Revolut and it\'s a very important part of the business
This lovely bunch supports all other Revolut teams, helping us achieve our goals each and every day. They\'re special, they\'re strong-willed and they work on a lot of different areas (which is not that common for an in-house role, we know, but they\'re just that good). From structuring credit programmes to launching into new territories, the Legal team does it all!
Are you a problem solver? This one\'s for you!
We\'re looking for a Legal Counsel who\'ll act as an independent advisor to the (to be licensed) UK Bank team. You will have dual reporting lines into the senior leadership of the UK Bank and Group Legal teams. You will be an independent advisor from Group Legal to the UK Bank, but you will also have the support of Group Legal\'s Commercial, Corporate, Disputes (etc.) functions. Your primary functions are to act as a source of independent advice to the UK Bank, and to bring retail banking and prudential expertise not already provided by Group Legal for our payments and e-money operations.
We are launching exciting new products, looking after our customers and closely managing our risks. Why not come and join the journey and help us shape the future of banking.
Excited to join? We can\'t wait to have you on board

What you\'ll be doing

• Advising the UK Bank on legal and regulatory issues surrounding structuring, marketing, and promotion of banking and group products
• Advising the UK Bank on legal and regulatory issues surrounding its operations generally (to the extent these are bank specific and not able to be supported by existing group legal functions)
• Helping structure and expand Revolut\'s products and managing applications and/or communications with the PRA and FCA in relation to these products
• Managing operational risk, including regulatory filings and registration preparation
• Identifying, assessing, monitoring, managing, and reporting on compliance risk in relation to banking products
• Liaising with specialist external counsel, and distilling and coordinating advice for senior management and non-legal audiences
• Excelling at leadership while also undertaking executional work to handle significant and complex legal matters with short turnaround times

What you\'ll need

• 6 years of PQE experience
• Excellent academic and law firm credentials
• Sound judgement, composure under pressure, and a collaborative mindset
• Confidence making decisions where there is ambiguity or incomplete information
• Expertise in financial regulations and advising clients in the following areas: Capital Requirements Directives, CASS, FSMA, PSD II, and the provisions of the FCA and PRA Handbooks
• Exceptional stakeholder management and communication skills

Nice to have

• Consumer credit experience

Building a global financial super app isn\'t enough. Our Revoluters are a priority, and that\'s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. 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 is the way to create exceptional, innovative products and services for our customers. That\'s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

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