Assistant General Counsel - Banking/Compliance - Remote

Location
England, Berkshire, Reading
Salary
£65000 - £75000 per annum
Posted
07 Jun 2024
Closes
05 Jul 2024
Ref
JN -062024-6445046
Job Title
In House Counsel
Category
Legal
Contract Type
Permanent
Hours
Full Time
An esteemed legal professional is sought for the role of Assistant General Counsel in the Fintech industry. This role is perfect for someone with a passion for the legal aspects of the fintech industry, and the ability to provide legal counsel on a broad range of topics.

Client Details

Our client is an international force within the Technology industry, boasting over 10,000 dedicated employees. They pride themselves on their commitment to innovation and excellence, offering top-notch solutions to clients globally..

Description

* Managing drafting, evaluation & negotiation through to execution of a variety of commercial agreements, review of customer proposed terms and conditions working closely with the commercial teams to provide comprehensive legal support across the region.

* Perform risk assessments and reviews to ensure compliance with applicable laws and regulations.

* Monitor changes in legislation and advise management of necessary compliance measures.

* Develop, implement and review policies and procedures to ensure compliance with relevant regulations.

* Manage compliance activities and report to the Board and Audit and Risk Committee on the adequacy and effectiveness of the risk management process, identifying areas to mitigate and remedial actions, including driving implementation as applicable.

* Liaise with the relevant external bodies to ensure compliance with regulations.

* Exercise oversight over governance, risk, compliance, and control arrangements.

* Provide training to staff on areas such as financial crime and data protection.

* Monitor compliance by company employees with established procedures to identify areas of recurrent pressure or friction for improvement opportunities.

* Ensure compliance with relevant FCA authorisations.

* General support including compiling and distributing a variety of high-level reports, both internally and externally.

* Handle on-going commercial issues and change management, monitor transaction compliance (milestones, deliverables, invoicing etc) and support contract close-out, extension or renewal. Software and data focus is a large part of the role and a candidate will be expected to have SaaS, IaaS and general licensing experience.

* Support Data Protection matters (GDPR standard) across the Group to ensure robust compliance.

Profile

A successful Assistant General Counsel should have:

* Excellent knowledge of the banking industry regulations and laws, as well as data protection laws.

* Excellent written and spoken communication skills, proven ability to manage external counsel and internal clients.

* Strong legal and commercial awareness and the ability to deal with problems in a pragmatic and logical way.

* Have a broad understanding of all aspects of commercial law, and compliance experience.

* Excellent written and spoken communication skills.

* Strong commercial awareness and the ability to deal with problems in a pragmatic and logical way.

* Ability to take responsibility and act autonomously including an ability to take difficult decisions and provide substantiated arguments.

* Licensed lawyer with minimum 2 years PQE experience from major firms / brands and relevant company experience

Job Offer
  • A competitive salary range of £65,000-£75,000 per annum.
  • 10% Bonus
  • Generous holiday leave.
  • A nurturing company culture that promotes personal and professional growth.
  • Flexible working including the option of either hybrid or remote.

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